Indotrading is serious about e-procurement business

Starting as a business directory app, Indotrading has now transformed into a B2B platform that provides a system e-procurement comprehensive for the company. At first they only provided information about suppliers for business needs, also helped with promotions and advertising -- only at that time did not include things related to transactions.

"Ahead of the pandemic due to the large number of requests from buyers, Indotrading opened a new unit division for procurement from large companies because of the large number of customers beg we're having trouble in . Then we build the system e-procurement for the company," said CEO Indotrading Handy Chang.

By using this system, Indotrading helps from the payment side terms of payment and find beg quality so that the purchasing process from the company becomes more efficient and cost-effective. The company can then cut manpower purchasing by switching to a digital system.

So far Indotrading has around 80 thousand beg registered. The company also has 3 branch offices in Surabaya, Yogyakarta and Medan.

During the pandemic the company claims to experience a decrease in the number of customers. Many companies have had to defer payment for membership fees. However, from the health and security sector, Indotrading claims to experience growth. This is what makes the company run stably.

"Indotrading launched a monthly payment system to help from the side of the affected company. From the side procurement, Indotrading has increased, especially for the sector safety. We buy goods from beg who joined and helped in terms of purchasing funding," said Handy.

In features E-commerce B2B, Indotrading has a different transaction flow from the B2C platform in general. That is, by applying the process add to shopping cart and buy now. The B2B system that is owned is also very flexible. Starting from a request for a quote, the buyer is then free to fill in any desired product even if the item is not available in the catalog.

"Supplier we will later send official offers and buyers so that they can then do POs in cash or cash payment terms 30, 45, and 90 days. Cost shipping also flexible and determined manually through bidding," said Handy.

Indotrading also has the capability to connect product catalogs with sites or applications owned by the company. This integration is expected to facilitate the internal procurement process for clients.

Indotradingpay pembayaran payment services

To facilitate the payment process, Indotrading launched a feature payment and Quotation. Allows companies to send offers and receive payments directly outside the Indotrading platform. This process is considered to make it easier for companies to collect payments from consumers online real-time. No need to use payment gateway, because payment is supported Indotradingpay.

While for features Quotation, currently still limited to requests through Indotrading. This system can help later beg monitor quantity Quotation sent every month along with reports. Payment from Quotation it can also easily use Indotradingpay.

To increase business escalation, Indotrading is also actively talking with investors to raise funds. The funds will be used for expansion in the field of B2B transactions. Previously Indotrading has obtained series A pendanaan funding $1,5 million from investors led by OPT SEA, the Japanese OPT Group investment company for the Southeast Asia region in 2015.

"Currently a major transformation is taking place in the B2B sector. The B2C sector has been highly educated online. But B2B is still a lot that is still run manually. We hope that the transformation will occur in the B2B sector considering the pandemic has accelerated the digitization of the B2B sector," said Handy.