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Case Study
Thanks to Jack's Corporate Card, Saka Logistics has Successfully Managed the Company's Cash Flow More Effectively
With Jack, Saka Logistics now receives real-time notifications and transaction reports, allowing for easy tracking and digital recording of all financial expenses.
Outcomes Experienced by Saka After Utilizing Jack
90%
Stabilized the company's cash flow per year
Industry
Logistics
Product Used
Corporate Card (Virtual)
Favorite Features
Flexibility to upgrade credit card limit and quantity
User-friendly interface
Convenient access to credit card via mobile app
24/7 customer service
"After using Jack, we have achieved a remarkable 90% improvement in maintaining the company's financial cash flow, particularly when it comes to vendor payments."
Ahmad Wildan, CEO Saka Logistics
Background
PT Saka Multitrans Nusantara was established in 2001 as a limited partnership company (CV) located in Surabaya. In 2012, the company registered as a limited liability company (PT) under the brand Saka Logistics. Saka Logistics operates in the transportation and logistics sector, providing services for multinational and domestic companies, as well as SMEs in Indonesia, with a focus on delivering value to customers. Saka Logistics strives to provide excellent services, making it an informative and efficient company. It is committed to delivering quality assurance and professional transportation and logistics solutions tailored to customer needs and expectations.
Operating in the transportation and logistics sector presents its own challenges, including the need to manage long payment terms with clients, typically spanning from 60 to 90 days. However, thanks to the recommendation of a colleague, CEO Ahmad Wildan then discovered Jack. Jack provided a breath of fresh air, enabling the company to optimize their payment processes, fulfill financial obligations, and streamline vendor payments. With Jack, Saka Logistics successfully overcame the cash flow challenges.
Corporate Cards (Virtual) from Jack has revolutionized the utilization of company credit cards. It has increased productivity in Saka Logistics.
How Jack Helps Saka Logistics
Cash Flow Limitations to Efficient Cash Flow Management
Saka Logistics previously encountered the challenge of relying on the CEO's personal credit card with limited funds for operational needs, primarily due to the 60-90 working days term of payments. Corporate Cards (Virtual) from Jack has revolutionized the utilization of company credit cards. It has increased productivity, facilitated collaborations with other vendors, streamlined the finance team's workflow, and stabilized the company's cash flow by up to 90%.
Days of Delays to Real-Time Transaction Tracking
Saka Logistics experienced severe delays in monthly reconciliation when relying on a conventional bank as transaction records were only accessible on a monthly basis. With Jack, Saka Logistics now receives real-time notifications and transaction reports, allowing for easy tracking and digital recording of all financial expenses.
