American Express® Central Billing Account ("CBA") streamlines the entire settlement process, which saves your company time and increases employee productivity.
CBA helps you simplify your billing and payment processes. Instead of receiving separate invoices from all of your suppliers - requiring your accounts payable department to issue thousands of cheques each month - you will only have to process one payment to PT. Bank Danamon Indonesia Tbk. ("Bank Danamon"), driving process savings to your bottom line.
Billing and Payment Process - Under traditional procurement methods, approximately 36% of the total cost of order processing is associated with billing and payment. CBA simplify this process by enabling you to consolidate expenses and make one payment, reducing the costs associated with billing and payment by up to 96%.
Billing and Payment Terms - At the end of each 30-day billing cycle, Bank Danamon issues a consolidated billing statement to your company.
Companies have the flexibility to opt for Dual Currency or Single Currency Billing Options, thereby offering the company greater convenience