Credit Bureau Indonesia (CBI) Launched The “CBI SME Bureau” Service.

JAKARTA, November 26, 2024 – Credit Bureau Indonesia (CBI) launched the “CBI SME Bureau” service. CBI SME Bureau is a business and financial management service specifically designed for Small and Medium Enterprises (SMEs) in Indonesia. This initiative addresses the needs of the SME sector to better understand and monitor the business and financial conditions of their partners and prospective partners.

The key features of the SME Bureau service include:

• Comprehensive Credit Information: Provides complete credit information related to business profiles and credit data, enabling businesses to better understand the financial conditions of their partners and prospective partners, thus making more informed decisions in establishing business relationships.
• Real-time Monitoring and Alerts: Offers real-time updates on changes in the financial condition of business partners, allowing businesses to respond promptly to changes that may affect credit relationships and maintain financial stability.
• Receivables Management: Simplifies monitoring overdue payments and reporting partners who delay or fail to fulfill their financial obligations. This feature helps SMEs protect their cash flow and finances.

“With limited business and financial size, SMEs face significant risks when dealing with business partners with poor risk profiles and reputations. Therefore, SMEs need support in the form of information and tools to manage their business and finances,” said Agus Subekti, President Director of CBI.

To strengthen a healthy business ecosystem, the SME Bureau is also equipped with reliable data security and protection against cyberattacks, enabling SMEs to confidently manage business relationships with new and existing partners.

“The SME Bureau is a CBI service that has achieved three ISO certifications: Security Management, Service Management, and Privacy Management. These certifications demonstrate CBI’s commitment to providing secure, reliable, and trustworthy credit information services that meet international standards. This service is essential for SMEs in managing credit risks in the digital era,” said Ivan Irawan, Director of Information & Technology at CBI.

With the launch of this new product, CBI invites SMEs to utilize the SME Bureau as a smart step in managing their business and finances. For more information, visit www.cbi.id.