Increase Your Sales by Extended Credit Terms and Higher Credit Limits

Payment terms and account receivables are always a topic when strategies are internally discussed how to increase sales and do more business with existing or new customers. Extending payment terms to longer tenors or increasing supplier credit lines are often requested by customers - but granting that has three major impacts: The cash flow will be delayed and many suppliers don't have the liquidity or credit lines to allow such extended credit terms. The longer the payment terms the higher the risk that in the future the customer cannot pay and will default as he will use the revenues from his customers not to pay the supplier but will use the funds for other purposes. Higher credit limits increase the risk of higher losses in…

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Panin Bank Launches German Desk Financial Support & Solutions in Indonesia

Originally reported by Beritasatu.com on 30 November 2017, 21:00 WIB   Jakarta – Panin Bank, one of the major private banks in Indonesia, together with German trade and investment institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and German-Indonesian Chamber of Industry and Commerce (EKONID) has formally announced a partnership to establish the German Desk – Financial Support and Solutions in Indonesia.This trade desk aims to strengthen bilateral trade relations between the two countries, and support development of Indonesian companies through a range of products and financial solutions offered by these three parties.Click here for the original article. News Report About the Launching of German Desk The launching of German Desk was reported by the Metro TV channel, covered in the "Lensa Bisnis" (Business Lens) program. Please watch from the minute 01:00.https://www.youtube.com/watch?v=uOEV7qpiLOc

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Corporates: Go Green with Rooftop Solar PV installation without initial investment

Solar photovoltaic systems are gaining traction globally as its rapid technology development has allow it to become cheaper and more efficient to run. While the majority of electricity generated from solar panels are run in large-scale solar farms funded though huge investments, did you know that you can also generate your own electricity needs by yourself with Solar PV panels from your own rooftop without initial investment from your side? PRIME Consultancy has teamed up with an investor who invests in larger scale solar panel photo voltaic systems and also specialises in Solar PV installations for offices, hotels, factories, malls and so on. The Solar PV system will be installed on your company rooftops and your company will enter into a power purchase agreement with…

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A Successful Recruitment Process

There are many factors which play a role in a successful and efficient recruitment process. For us, it's proven that an intensive discussion with the client at the beginning of the process is the most important factor to avoid frustrations and workload on both sides. The better the client describes in a personal discussion what he expects from a candidate, which qualifications are really important and which level of qualification is expected and what kind of attitude and personality fits best to the company’s culture - the better candidates can be pre-selected before they are then presented to the client. This discussion is held with the GM and Department Head to whom the candidate has to report to. The whole process is done in close…

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Automotive Market and Distributor Research

PRIME Consultancy experiences in 2016 a continuing interest in the automotive industry of local and international suppliers. For instance, over the last months our team has conducted a distributor research for an European originated marking devices specialist. The objective in this project had been to analyze the Indonesian market and identify qualified distributors to increase sales in Indonesia. PRIME Consultancy used the following methodologies: desk research, personal network, interviews with market insiders as well as an in- depth competitors analysis to ultimately derive a short-list of the most suitable distributors. During the four months research there were regular phone-based reports done assuring the desired results. We also assisted in planning the clients meeting schedule when visiting Jakarta and shared our extended experience on general matters…

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