
Success Story: Fujicon vs. PT Indobagus Investama
Multi-Company Financial Consolidation for Cross-Island Operations
PT Indobagus Investama is a company with a broad business portfolio: mining (coal, nickel, granite, marble), palm oil and rubber plantations, and property. Its projects are spread across various islands in Indonesia, with field units operating from sites often far from the operational center. With this structure, the biggest challenge is often not just "recording transactions," but ensuring that the costing process, approval, and report consolidation run quickly and consistently, despite the scattered locations.
Before implementing the partnership with Fujicon, Indobagus faced classic obstacles in multi-unit companies. Submissions of operational expenses from field units were often slow and poorly documented, making it difficult to control costs in a timely manner. When expenses were incurred at remote sites, the verification and approval process also presented challenges—as supporting data was not always collected quickly and the approval process could still get stuck. At the group level, transaction journals from various subsidiaries had not been automatically consolidated, requiring additional effort from the holding team to unify the figures. Meanwhile, bank reconciliation and accounts receivable management were still performed manually, increasing the risk of delays and data asynchronous.
The collaboration between Fujicon and Indobagus focused on establishing a streamlined yet flexible group financial system for field operations. Each subsidiary was created as a separate entity within the system, allowing transactions to be recorded according to the business characteristics and needs of each unit. Although recording was carried out per company, all data could still be consolidated to the holding company, eliminating the need for central management to manually compile reports one by one. With the multi-company feature, consolidated financial reports became more readily available and could be read as "one group" without losing detail per entity. Furthermore, the system supported user access rights that could be restricted per entity, ensuring data control and security were maintained according to the organizational structure and authority of each company.
In this implementation, the applications used focused on the core needs of cost control and financial consolidation: Expenses and Accounting. As a result, Indobagus has a stronger foundation for managing its cross-island operations: expenses are more organized, records per entity are neater, and reporting consolidation to the holding company can be done more systematically—encouraging faster, data-driven decision-making processes.