Every BUMD (regional government-owned enterprise) must have an Internal Supervisory Unit (SPI). The obligation is set out in Article 79 of Government Regulation (PP) 54/2017, but in practice many BUMD SPI units work with small teams, working papers in Excel, and finding follow-up that is hard to monitor.
Audithink is internal audit software that helps the SPI manage audit work in one system, from risk assessment to follow-up monitoring. This page explains what SPI units in Perumda and Perseroda need, which parts Audithink can help with, and what remains the organization's responsibility.
What Challenges Do BUMD SPI Units Face?
- The SPI is newly formed or still a side role. Data from the Ministry of Home Affairs states that 342 BUMDs out of about 1,091 BUMDs have no SPI yet, so many organizations have to build the function from the start.
- Few auditors, wide examination coverage. One SPI may handle finance, procurement, assets, customer service, and business units at the same time, so examination priorities need to be set based on risk.
- Finding follow-up is hard to trace. PP 54/2017 tasks the SPI with monitoring follow-up on examination results. When the status is scattered across files and short messages, reporting to the president director takes time.
- Governance demands are growing. Article 92 requires BUMDs to be managed under good corporate governance, while the government is preparing an amendment to PP 54/2017.
What Does PP 54/2017 Say About BUMD SPI Units?
| Article | Summary | Impact on SPI work |
|---|---|---|
| Article 79 | An SPI is established at every BUMD, led by a head who is responsible to the president director | Functions and lines of responsibility must be clear |
| Article 80 | Examining operations and finance, assessing controls, giving improvement advice, monitoring follow-up | Requires a work program, working papers, and follow-up records |
| Article 81 | Reports on its work to the president director with copies to the Supervisory Board or Commissioners | Reports need to be consistent and easy to prepare |
| Article 82 | The board of directors must pay attention to SPI reports and promptly take action on them | The status of the directors' follow-up needs to be documented |
| Articles 84 and 85 | The audit committee assesses the conduct and results of audits by the SPI and external auditors | SPI work needs to be ready for review |
Full coverage is available in the articles BUMD SPI: legal basis, duties, and how to establish one.
Which Parts Can Audithink Help With?
| SPI need | What Audithink provides |
|---|---|
| Setting examination priorities | Risk assessment as the basis for audit planning |
| Preparing the annual work plan | Audit planning in one system |
| Aligning how the team works | Audit program templates and digital working papers |
| Delivering examination results to units | Finding records and notices to auditees |
| Monitoring follow-up (Article 80 letter c) | Monitoring follow-up status until completion |
| Reporting to the president director and the Supervisory Board | Automatic reports and summary dashboard |
Workflows and report formats can be adjusted to the guidelines that apply at your BUMD. The system can be deployed in the cloud or on the company's own server. Special needs such as integration with customer or billing systems are discussed as customization with a Product Expert.
Software helps document and monitor SPI work. Establishing the SPI, appointing its head, having enough auditors, and the quality of examinations remain the organization's responsibility.
Who Already Uses Audithink?
Audithink is used by SPI units at state-owned enterprises (BUMN), including PT Timah Tbk, PT Antam Tbk, and PT Perkebunan Nusantara III. The way of working is similar to a BUMD SPI: the head of the SPI reports to the president director, audited units are spread out, and follow-up has to be monitored. An example can be read in the the PT Timah Tbk case study.
For BUMDs, the scale and budget are of course different from BUMN. That is why the implementation scope should be discussed from the start.
FAQ About Audithink for BUMD
Is Audithink suitable for an SPI with one or two auditors?
This can be discussed based on your needs. Small SPI units usually benefit most from working paper templates, finding records, and follow-up monitoring. Discuss the number of users and the license scheme with our team.
Does Audithink automatically fulfill the obligations of PP 54/2017?
No. Audithink helps document the audit process that the regulation requires. Establishing the SPI and carrying out its duties remain the responsibility of the BUMD.
Can it be used by a PDAM or Perumda Air Minum (regional water utility)?
It can be configured. Audit programs can follow the relevant examination areas, for example billing, customer receivables, assets, and procurement.
Can the data be stored on the BUMD's own server?
Yes. Audithink can be deployed in the cloud or on the company's own server.
How much does it cost?
Annual License and Lifetime License options are available. Quotes are prepared based on your organization's needs. See Audithink pricing page.
Conclusion
A well-run SPI needs work plans, examination evidence, and follow-up that can be traced. Schedule an Audithink demo to see one audit cycle run using an example process from your BUMD.
