Case Study: BNI

Optimizing Supply Chain Finance for a Top 5 Indonesian Bank

A leading Indonesian bank, with a vast network of suppliers and anchors, sought to streamline their supply chain finance operations. They needed a robust platform to manage diverse payment terms, integrate with various systems, and enhance the user experience for all parties involved.

Aqon’s Role

Aqon played a crucial role in the project’s success, contributing to the delivery and management of a comprehensive supply chain finance platform tailored to the bank’s specific requirements.

Key features of the implemented platform included:

• Scalable Onboarding: Seamless onboarding of 200+ anchors, each with many registered participants, including major players in the cement, telecommunications, railway, and retail industries.

• Flexible Financing Schemes: Support for a variety of financing schemes, including early, normal, and late payments, to accommodate the diverse needs of suppliers and anchors.

• Multi-Channel Access: A user-friendly web-based channel and native mobile apps for both Android and iOS, providing convenient access for all users.

• Robust Integrations: Direct API integration, WebDAV file exchange, file upload, and manual transaction creation options for asset management.

• Integration with core banking systems for seamless disbursement and settlement, and CXO integration for comprehensive data exchange.

Aqon’s Contributions

Aqon’s contributions were instrumental in ensuring the successful implementation and ongoing support of the platform:

• Project Management: Aqon oversaw various aspects of the project, ensuring timely delivery and adherence to quality standards.

• Technical Expertise: Aqon provided technical guidance and support, addressing integration challenges and ensuring seamless data flow between systems.

• Stakeholder Management: Aqon facilitated communication and collaboration between the bank, technology providers, and other stakeholders.

• Training and Support: Aqon assisted in training bank staff and users on the new platform, ensuring smooth adoption and efficient utilization.

Client Benefits

By leveraging Aqon’s expertise, the bank achieved significant improvements in its supply chain finance operations:

• Streamlined Operations: Efficient management of complex supply chain finance processes, leading to increased efficiency and reduced manual effort.

• Enhanced User Experience: Improved access and ease of use for suppliers, anchors, and bank staff through multi-channel access and intuitive interfaces.

• Increased Automation: Reduced manual processes and accelerated transaction times through automated workflows and integrations.

• Greater Visibility: Clearer insights into supply chain finance flows and performance, enabling data-driven decision-making.

• Scalability: A platform designed to adapt to the evolving needs of a growing network, ensuring long-term flexibility and sustainability.