ENERGY CO OF MINAS GERAIS
For the period ended Jul 18, 2024. Filed Jul 18, 2024.
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Jul 18, 2024 · Filed Jul 18, 2024
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Contents
Combating default
Maintaining a high level of collection actions, the Company kept its Receivables Recovery Index above 99% in March 2024.
New payment channels, and online negotiation, made available in recent quarters (PIX instant payments, automatic bank debits, payments by card and app, etc.) have continued to increase the proportion of collection via digital channels – in 1Q24 it reached 66.39% of the total collected, compared to 59.63% in 1Q23.
A highlight is the use of the PIX instant payment system, which was launched 2 years ago, and in March 2024 already was used for 24.0% of all collection payments.
The change in the collection mix reduced costs by 19% – a saving of R$ 3.4 million compared to 1Q23.
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