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  • The Meaning of Change and Innovation for our Valuation Team
Article:

The Meaning of Change and Innovation for our Valuation Team

19 October 2021

As the saying goes, "Adaptability is about the powerful difference between adapting to cope and adapting to win." Digitalisation and the Covid-19 Pandemic have changed many things in life, including how we run a business. We realise that in order to continue delivering exceptional services to our clients, we must improve ourselves by innovating new things. This is what the valuation team of BDO in Indonesia currently doing.

Established in October 1995, our valuation team, under the name KJPP Wawat Jatmika Dan Rekan, is the first Indonesian Independent Valuer associated with International Brand of Public Accounting and Advisory Network. In less than 6 years, our valuation team has grown swiftly. Currently, the team has 8 Valuation Partners and 40 employees spread across 3 offices. The valuation team has also been registered in OJK and partnered with major banks in Indonesia.

In spite of these great achievements, the valuation team continues to improve itself, one of which is by innovating in terms of digitizing the working process. Currently, the team is developing Valuation Processing Tools. This tool will make the work, regardless who are the consultants assigned, more standardized and compliant. This tool will also make our work more effective and efficient.

For this innovation, our valuation team was selected to be one of the participants in the 2021 Innovation Seed Fund Program organised by BDO Global. In this event, the team was represented by Felix Ery Prasetya as the Valuation Managing Partner. Here, Felix presented the development of the valuation processing tool that is being carried out and the benefits that will be obtained from this tool. We hope that after this tool has been fully developed, it will be able to have a significant impact on our working processes so that we can further improve our exceptional services to our clients.