Case Study

How Jack Helps Asta Save Their Cash Flow up to 4-5% from Billions of Transactions Every Month

However, relying on conventional banks for these transactions incurred high fees for Asta, not to mention the hidden fees that added as well to the overall cost. Luckily, Asta's situation improved significantly since utilizing Jack.

Outcomes Experienced by Asta After Utilizing Jack


Savings on billions of company transactions per year


Savings on company cash flow per year

Asta Logo Case Studies


Procurement Services

Product Used

Local Transfer

International Transfer

Corporate Card (Virtual)

Favorite Features

Easily issue an unlimited number of credit cards, even on the same day

Effortlessly set transaction limits for each credit card

Clear visibility into the expenditure history of each credit card

Highly competitive transaction fees compared to banks

Automated and centralized financial recording

William Maha Putra, Co-founder & COO Asta

"Thanks to Jack, we have successfully saved our cash flow by 4-5% from monthly transactions that are worth billions."

William Maha Putra, Co-founder & COO Asta


PT. Asta Bumi Cipta (Asta) is a one-stop service provider for all procurement needs, ranging from financial coverage, corporate legality, and quality control for logistics. With the ecosystem built under PT. Asta Loka Korpora, Asta is engaging as an intermediary for suppliers and buyers in various multinational industries. Asta offers its procurement services in three services:

1. Quality Control: where the buyer needs a third party who can manage the flow of procurement and ensure that the process goes according to the buyer's expectations.
2. Financial Coverage: intermediary between buyers who want to pay on terms, and suppliers who expect cash on delivery.
3. Corporate Legality: connect buyers or vendors to big firms without legality concerns.

Throughout its journey, Asta understood the importance of streamlining their operating processes to increase efficiency. Challenges through the COVID-19 pandemic certainly reveal another understanding of the importance of streamlining for the long-term sustainability of the company.

Asta employed a special internal team to oversee and manage their operational systems. This team is responsible for all system usage from third-party services that help manage Asta's operations and the team that discovered Jack as well.

With Jack, all expenses made with virtual credit cards are stored in a transparent transaction history, making it easier to track the company's cash flow.

Asta Team

How Jack Helps Asta

Sneaky, Expensive Hidden Fee to Highly Competitive Fee

Asta handles a significant number of monthly transactions, and as the company grows, the volume of transactions keeps increasing. However, using traditional banks for these transactions comes with high costs, including hidden fees. Asta made the switch to Jack, which offers lower and transparent transaction fees. By using Jack, Asta can save 4-5% on their monthly operational expenses from transactions worth billions. This cost advantage applies not only to domestic transactions but also to international ones through Jack's International Transfer feature.

Complicated Operational to Centralized Cash Flow Management

Asta needs to monitor and manage their company's cash flow due to the high volume of monthly transactions. Previously, it was challenging to record and reconcile these transactions across different platforms. However, with Jack, all expenses made with virtual credit cards are stored in a transparent transaction history, making it easier to track the company's cash flow. Furthermore, Asta can issue unlimited Jack’s credit cards, enabling them to quickly adapt to their team's needs.

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