Saturday, 25 May 2024

Best Financial Supply Chain Management in Indonesia goes to UOB Indonesia and Lenovo Indonesia

5 min read

By The Asian Banker

This bank provided a grace period and flexibility of prepayment during maturity up to a maximum of 30 days to understand the granularity of obligor payment flow. The solution also used the master Notice of Assignment and the master Acknowledgement instead of transactional documents, eliminating the need for heavy documentation required in the case of traditional loans. 

For improving cash flows by decreasing the customer’s account receivable terms and extending the payment cycle, which improved customer’s overall competitiveness and financial performance, the award for Best Financial Supply Chain Management in Indonesia goes to UOB Indonesia and Lenovo Indonesia. 



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