Last Wednesday (21/4) Edsen Consulting held an Bukber at Arthama Hotel Jakarta. The event, which was held by implementing this health protocol, was attended by employees and management of ED-SEN Consulting.
This event was filled with remarks from the Managing Director of ED-SEN Consulting, Mr. Edwin Budiman. In addition, in this event the Manager of HR & GA ED-SEN Consulting, Mrs. Fitri Dwiramawati introduced the new ED-SEN Consulting t-shirts and distributed them to all ED-SEN Consulting employees and management.
In addition, this event also introduced ED-SEN Consulting's newest partner in 2021, namely Coupa by the ED-SEN Consulting Consulting Manager, Mr. Vicky Sanjaya. On this occasion, Mr. Vicky briefly explained the Coupa platform to all ED-SEN Consulting employees.
Coupa is a cloud platform for business expense management (BSM). Coupa empowers companies around the world with the visibility and control they need to shop smarter and safer.
The latest information about the Coupa platform will be updated on our website.
Raden Panji Mahardika or familiarly called Panji is one of the 9 recipients of the ED-SEN Consulting Award and Achievement. Panji received an Award in the Best Young Achiever category for his achievements in 2020.
Panji did not expect to get this award, because he felt that there were many other project teams who gave more contribution than me. But Panji also admitted that he was happy because the company had appreciated what he had been doing so far.
"This award makes me more motivated to do better on the projects I work on. I want to make an even bigger contribution to ED-SEN Consulting. "
Panji said that when he first got into the project, he adjusted more to accounting systems such as financial reports. He admitted that he learned a lot with his teammates in the Iqbal and Febra projects.
However, as time went on, Panji began to understand the accounting system. "At first I didn't really understand what balance sheet, profit and loss are, for that I asked Mas Iqbal a lot about these terms so that I would have a first picture before discussing them with clients," said Panji.
When he first worked on the Anaplan project at one of the decacorn startup companies in Indonesia, initially Panji admitted that he was quite difficult. But thanks to a solid project team and always providing solutions when he was having difficulties, finally Panji was able to work on this Anaplan project with the team. "From the client side, luckily it's also cooperative, so it's better to do it," said Panji.
For teamwork, Panji feels that the project he is working on is easier to do with a team of 3 people. “From an accounting perspective, I don't understand anything, usually Mas Iqbal is a good friend for discussions to find solutions. The three of us can complement each other, "said Panji.
Adjustment of work during the Covid-19 Pandemic from Work From Office to Work From Home was not an obstacle for Panji in working on the Anaplan project at the company. Every day, Panji and his team coordinate with the team from the company to report on the progress of the project.
Apart from being a startup company, Decacorn in Indonesia, currently Panji is also part of the project team that implements Anaplan in a financial service and automotive rental company. Panji admitted that even though he was not involved in this project from the start, he had to quickly adapt to other teams. The presence of Pak Firman as Project Manager (PM) helped Panji a lot in working on this project.
When he first entered ED-SEN Consulting, Panji said that he had not yet imagined what kind of project he would work on. After several weeks of joining, Panji began to learn about Anaplan. For one month he studied until he took Anaplan certification.
After I finished studying and took Anaplan certification, I began to be trusted to work on the Anaplan project at one of the decacorn startup companies in Indonesia. "I am happy to be trusted by the company to work on the project, although I have no idea what the project will be like," said Panji.
Panji hopes that in the future he wants to further deepen Anaplan to the level of Master Anaplaner. I want to take certification up to Anaplaner Masters level. "In Anaplan there are several levels, such as the Bulider Model level, Solution Architect, up to the highest level, namely Master Anaplaner. So I hope to get to that level, "said Panji.
To get to that level, Panji has been exploring Anaplan a lot. In addition, Panji also often asks people who are more knowledgeable about Anaplan.
Panji said that the beginning of his liking for technology began when he was in junior high school. At that time, Panji was very interested in cellphone technology. His interest in technology became stronger when Panji was in college. Panji took the Informatics Management major for a Diploma then continued with the Information Systems major to take his bachelor's degree.
ED-SEN Consulting became the first company for Panji. Becoming a consultant at ED-SEN Consulting was her first work experience. When he first entered ED-SEN Consulting, Panji felt it was not too difficult to make adjustments. "Because I have an IT background when I was on campus, so when I started the work of designing it wasn't too difficult and everything I got in college could be applied in the company."
Panji also has hopes that in the future ED-SEN Consulting will be better known as a Consultant partnering with Anaplan. So if there is a company that is looking for Anaplan Partner in Indonesia, the name ED-SEN Consulting will be the consultant chosen as the consultant that implements Anaplan in the company.
Friends of Edsen, there are many business strategies that can be applied to improve business, one of which is by using a modern technology platform. In the digital era like today, many companies or business people have used technology in creating or maintaining their business strategies. Some people may be familiar with business intelligence.
The term business intelligence has until recently been used to describe a range of business analysis techniques ranging from standard reporting to highly sophisticated statistical techniques. In addition, business intelligence is also defined as a function that combines architecture, tools, databases, analysis tools, applications and methodologies, as well as a DSS (Decision Support System).
Business intelligence is a set of techniques and tools used to transform raw data into information that can be useful in the process of making business decisions. Business intelligence combines business analysis, data mining, data visualization, data infrastructure and tools, and their applications to help companies make more data-driven decisions.
Business intelligence can help companies make better management decisions based on current or past data in the context of their business. An analyst at a company can take advantage of business intelligence to provide competitor performance and benchmarks to make the company run smoother and more efficiently. Analysts can also more easily spot market trends to increase sales or company revenue.
Business intelligence provides a set of raw data that can be turned into information. To do this, you must analyze the data and organize it based on the relationship between the data you want to collect and the context of the information you want.
The following are some of the roles of business intelligence for companies:
Identify ways to increase profits
Analyze consumer behavior
Compare data with competitors
Track performance or track performance
Optimizing the company's operational processes
Predict the success of the company
Look at market trends
Find issues or problems
Based on this, you can imagine how great the benefits of business intelligence are for companies and businesses. The success and success of a business is primarily influenced by consumer behavior, market trends, competitors and issues or problems that are happening in society. So, if a company or a business actor can use and process existing data to become useful information, the company or business actor will find it easier to find opportunities and maintain their success.
Edsen Consulting as a IT consulting company has Business Intelligence as one of its services. ED-SEN Consulting has experience in implementing Business Intelligence in several large companies in Jakarta.
With Business Intelligence, companies can provide quality information from their business activities in a timely, accurate and reliable manner through data communication channels, making it easier for company leaders in the process of making important and strategic decisions.
Friends of Edsen, The use of a Business Intelligence system in a company makes business processes within a company run more effectively. The presence of Business Intelligence (BI) is very useful for reviewing how the company's internal and external data information is authentic.
Business Intelligence can drive business strategies through a reliable decision-making process, both when planning, organizing, as well as at the implementation and control stages, so that institutions or companies are able to win business competition in the era of management with technology like today.
The following are some descriptions of the main advantages of using a BI (Business Intelligence) system that will provide added value to the company, including:
1. Consolidation of information
With BI running within the company, data will be processed in one platform and disseminated in the form of meaningful information throughout the organization. In the absence of information assymmetry, collaboration and consolidation within the company can be strengthened. With consolidation, it is possible to create cross-functional and corporate-wide reports. Although it must be admitted, this advantage can also be provided by ERP software.
2. In-depth reporting
Business Process Management (BPM) software is able to provide reports and analysis, but it is quite simple and only based on internal conditions, but BI is able to provide information on larger business issues at a strategic level.
3.Customized Graphic User Interface (GUI)
Business Intelligence can go a step further by providing a GUI customization facility. So that the GUI display is far from technical and provides a view of business according to the wishes of each user.
4. A little technical problem
The nature of Business Intelligence which is user friendly will greatly minimize the possibility of operating errors from the user, and BI is only a software at the top layer (information processing) and not a business process management.
5. Low procurement costs
Because BI is a software that works at the top layer of information processing, the price of the software is not as expensive as ERP. The procurement costs are also cheaper than ERP.
Databank BI opens the possibility to collaborate with ERP as a databank supplier which will be processed into reports and scorecards, however BI can also work from a separate database. BI also becomes open for use by professional analysts and researchers, whose processed data is secondary.
Another dashboard (BI) characteristic that ERP does not have is in terms of speed (responsiveness). For example, calculating the service level as one of the Key Performance Indicators (KPI). The dashboard function will give a warning to the user before the lower limit in the service level (lower limit) is exceeded. As a result, the problem can be handled before it actually comes to the surface.
One example in the health industry, the use of BI is instrumental in preventing the spread of an outbreak.
Edsen Consulting as a consulting company has Business Intelligence as one of the services that can provide quality information from its business activities in a timely, accurate and reliable manner through data communication channels, making it easier for company leaders in the process of making important and strategic decisions.
Friend of Edsen, Each company within the group prepares its own set of financial statements, is it really necessary to compile a consolidated version for the entire group?
The short answer is: yes.
There are a number of reasons why it remains important for any group of companies to continue to prepare consolidated financial statements.
Parent companies with multiple entities, there are several advantages to financial consolidation.
1. Performance At-a-Glance
For executives, investors, analysts and owners alike, financial consolidation is the single best way to view overall performance at-a-glance. Consolidating diverse financial reports into a single financial “snapshot” gives C-Suite, finance, and stakeholders invaluable insight into the parent company’s overall health. Without consolidation, it can be extremely difficult to assess financial performance among various subsidiaries.
Financial consolidation gives leadership the top-level insight they need in order to budget, forecast and plan more effectively.
By combining multiple reports into a single consolidated financial statement, finance has more time for strategic planning. Real-time consolidation accelerates the financial close rate and streamlines intercompany eliminations.
To find out complete information regarding the importance of preparing consolidated financial statements in each group of companies, let's join our webinar at the following link.