United Tractors and Global Service Indonesia Launch the Cermat Application as an Innovative Solution for Fostered MSMEs

Jakarta, August 12, 2024 – PT United Tractors Tbk (UT), in collaboration with PT Global Service Indonesia (GSI), launch the Cermat application, an innovation designed to help MSMEs (Micro, Small, and Medium Enterprises) with financial management challenges. This application exists as a solution to the issues of manual transaction recording, ineffective financial reports, and difficulties in analyzing business performance, which are often obstacles for UMKM. The launch of this application coincides with National MSME Day 2024, which was held at the UT Karya Bakti Foundation Building (YKBUT), Jakarta.

The collaboration between UT and GSI in presenting the Cermat application shows their commitment to supporting the growth of MSMEs in Indonesia through innovative digital solutions. The Cermat application offers various superior features, including financial reports, asset management, and business performance analysis, tailored to the needs of MSMEs. This application has integrated 34 fostered MSMEs from the UT HO operational area. It is hoped that in the future, it will be used by other UT Group-supported MSMEs.

The event was attended by the President Director of GSI, Gunadi Lie; Division Head of Corporate Governance Sustainability UT, Sara K. Loebis; Head of YKBUT, Endang Tri Handajani; Business Analyst & Application Associate UT, Restu Zakhria, and two representatives of selected Fostered MSMEs.

The presence of the CERMAT application is hoped to be a valuable asset for MSMEs facing challenges in the digitalization era and a positive contribution to the economies of MSME actors and the national economy.

United Tractors’ Overview

PT United Tractors Tbk (UT), established in 1972, is Indonesia’s largest heavy equipment distributor. The company operates in five business areas: Construction Machinery, Mining Contracting, Mining, Construction Industry, and Energy. UT is committed to promoting sustainability and achieving the Sustainable Development Goals (SDGs).

ESG United Tractors

As a world-class heavy equipment, mining, and energy company, UT has been operating in Indonesia for over 50 years. The company is committed to creating a sustainable future for Indonesia by effectively applying ESG principles. UT aims to pay attention to the environment, positively impact society, and uphold good corporate governance at all levels of its business operations. The company also strives to optimize its competencies, expertise, and strategic assets to bring added value to all stakeholders and the Indonesian people.