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Hello People Power PLN NP Services
On August 21-22, 2025, a Focus Group Discussion (FGD) was held by the Finance Directorate of PLN NP Services. The FGD, led by Mr. Ali Faizin, Finance Director, was attended by Senior Leaders from PLN NP Services and relevant division staff.
Also in attendance was the President Director of PLN NP Services, Mr. Jakfar Sadiq. In his remarks, he highlighted two performance areas that were still in the red: PLN Group Revenue and the Collection Period, emphasizing that cash availability is key to running a business. He also commended the Finance Directorate team for ensuring the Company’s cash flow remained smooth.
With the theme “Empowering Synergy, Delivering Beyond Service Excellence” (Cash is King), the action plan resulting from the Project Directorate FGD is as follows:
1. Creating a Collection Period forecast by developing a BMS and cost reconciliation, digitizing payments, and accelerating contract administration to support the billing process.
2. Gradual settlement of accounts payable to reduce outstanding balances with a short-term payment forecast, job tagging from the user level to ensure all accounts payable are identified, and a gradual go-live of VO to support accelerated verification and payment processes.
3. Cash out forecast by revising the COGS and RKAU values, as well as conducting budget reconciliation, control, and monitoring.
Through the results of this FGD, the PLN NP Services Finance Directorate is committed to continuously strengthening team synergy and innovating to ensure effective financial management to support the Company’s operations and achieve superior and sustainable performance.