Industrial training report: Dagang NeXchange Berhad & Dagang Net Technologies

This executive summary provides an overview of the industrial training report conducted at Dagang NeXchange Berhad (DNeX) located in Cyberjaya. The report outlines the overall structure and organization of DNeX which is a multinational corporation operating in various industries, including Technology, Energy, and Information Technology (IT). DNeX provides a wide range of innovative solutions, along with high-quality products and services. At its core, DNeX functions as an investment holding company, boasting a varied portfolio of investments spanning the technology and energy sectors. Established in 1970, now DNeX stands as a prominent trade facilitator in Malaysia, earning acclaim for its exceptional services, particularly in the energy sector. During the six-month internship period, the training focused on developing a comprehensive understanding of Enterprise Resource Planning (ERP) used and the practices and procedures within the finance organization, specifically in the Account Receivable (AR) and Billing Credit Management (BCM) unit of Dagang Net Technologies Sdn Bhd. Dagang Net is a wholly-owned subsidiary of DNeX. The unit dealt with various aspects, such as invoicing, payment processing, recording transactions, matching and aging analysis. Active participation in the internship provided numerous valuable experiences and insights. The industrial training report presents a thorough analysis of the company using SWOT Analysis, highlighting the company's Strengths, Weaknesses, Opportunities, and Threats observed throughout the internship period. Exposure to real-world challenges nurtured creative thinking, resulting in strategic recommendations for the company's growth. Overall, the industrial training at Dagang NeXchange Berhad's Account Receivable and Billing Credit Management (BCM) unit proved to be an invaluable experience, thanks to the guidance and mentorship from experienced professionals.