Integrated Receivables Solutions

Overview

At HSBC, we understand how important accounts receivables management is to your business cycle. The faster you convert receivables into cash, the more control you have over your cash flow and working capital management.

Managing receivables in Indonesia is a highly dynamic and challenging process influenced by diverse local practices, wide geographic spread of the country and a broad spectrum of collection instruments. But no matter where your payors are or how they pay, our integrated solutions will answer your needs.

Leveraging our investment in technology, regional presence and local knowledge, HSBC delivers sophisticated solutions that fast forward your receivables.

Our Solutions

Nationwide access for your collections

Your collections may happen through multiple channels, currencies, large or small value from anywhere in Indonesia. Therefore, it is extremely important that the solution we provide should be able to cater these complexities while ensuring an efficient collection process, real-time collection information and at the same time enhance your customers' experience. We can offer collections through:

ATM Bersama network covering over 19,000 ATMs across the country
Over 800 branches of our Bank Alliance partners nationwide
Cash and Cheque pick-up from your premises through security companies
Same day value credit for your multiple currency inter-bank transfer from any domestic or
international banks
Cheque deposits - including post-dated cheque warehousing and discounting

Instant identification of your payors - VirtualAccount

As a result of diverse modes of payments and varying local practices, identification of payors can be a significant challenge, creating difficulties to do receivables reconciliation. HSBC's VirtualAccount addresses this potential issue by ensuring that all payors are accurately identified irrespective of the mode of payment and at the same time placing minimum burden on the payors to key in the payment information

Market leading reconciliation solution - Receivables Management System

Built with an advanced modular technology, our information management and automated reconciliation modules are fully integrated with all the Integrated Receivables Solutions features, such as VirtualAccount, thus allowing you to monitor your collections online and to outsource your account receivables reconciliation process