JAKARTA, Indonesia, Dec. 2, 2019 /PRNewswire/ -- Logiframe, Asia's leading accounting consultancy firm, was announced as the winner of Xero Awards 2019 - Asia Accounting Partner of the Year[1]. Organised by Xero, the global leader in cloud accounting, the inaugural award celebrates excellence in the accounting industry. It recognises industry leading cloud accounting firms for their outstanding effort in embracing cloud technology and supporting business clients to achieve success.
Founded in 2013 and a Xero partner from the beginning, Logiframe has leveraged cloud technology to rapidly grow its business in Indonesia. According to Google-Temasek's e-Conomy SEA 2019 report, Indonesia is the fastest growing internet economy that is set to triple to US$130 billion by 2025.
Today, SMEs account for more than 99% of businesses in Indonesia and employ over 95% of the country's workforce, which represents the critical role they play in the country's GDP. In 2017, Indonesia's Commission for the Supervision of Business Competition (KPPU) issued a report which concluded that SMEs which leverage technology can aim to achieve an 80% increase in revenue growth, which would have a direct impact on Indonesia's overall economic performance.
Wienanto Tanuwidjaja, Founder and CEO, Logiframe Consulting said: "In line with the Indonesian government's initiatives to drive SME digitalisation, Logiframe aims to become strategic advisors to businesses and help them to tap into the burgeoning digital economy. At Logiframe, we are deeply committed to delivering excellence for our clients, and technology has empowered us to improve productivity and accuracy, leaving more time to focus on financial analysis and accounting advisory work that generates greater value-add for long-term success."
Kevin Fitzgerald, Managing Director - Asia, Xero said: "Modern accountants need to embrace cloud technology in order to remain competitive and succeed. As Xero's first platinum partner in Indonesia, Logiframe has taken incredible strides to integrate cloud technology into their business to become both an accounting pacesetter and a technology leader. By embracing cloud, they are able to better serve as business advisors to their clients through complex advisory work such as financial analysis and technology implementation. By championing a cloud-led business, it will lay a strong foundation for Logiframe to scale their business with ease, while delivering exemplary, impactful services to their clients."
"Cloud accounting is one of the core foundations and key recipe for business success. By leveraging cloud accounting, business owners can gain access to the latest technologies such as artificial intelligence and machine learning that automate a large chunk of administrative, manual processes. It also means real-time visibility into business performance and having financial data at their fingertips to make informed business decisions. Most importantly, cloud accounting technology is inexpensive and easily accessible to businesses of all types, both large and small. It is highly scalable as the business grows and expands overseas," says Wienanto.
[1]The award category - Asia Accounting Partner of the Year, excludes Singapore, Hong Kong and Malaysia |
Media contact:
Caroline
Business Development
+62-21-2933-7985
priska.caroline@logiframe.com
About Logiframe
Logiframe is a professional consultancy firm that offers a broad range of services including accounting advisory, technology implementation, strategy and operations, and outsourcing. Logiframe works at the intersection of business and technology to help the world run and execute better, and improve people's lives. Our diverse range of solutions aims to effectively serve clients, both large and small, and help them leverage technology to achieve business success.
About Xero
Born in the cloud, Xero is a beautiful, easy-to-use platform for small businesses and their advisors around the world. Xero provides its 2+ million subscribers with connections to a thriving ecosystem of 800+ third-party apps and 200+ connections to banks and financial service providers. On the inaugural 2018 Financial Times FT1000 High-Growth Companies Asia Pacific list, Xero was the fastest growing tech company in the $200+ million segment. Xero won 'Accountancy Software Provider of the Year' at the British Business Awards in 2019, and was rated by Canstar Blue as the best accounting software in Australia from 2015-2018 and in New Zealand in 2019.
Photo - https://photos.prnasia.com/prnh/20191202/2657761-1?lang=0
