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BANGKOK, May 24, 2024 /PRNewswire/ -- NEC Corporation (Thailand) Limited (NEC Thailand) has announced a strategic partnership with AIRA Factoring Public Company Limited (AIRA Factoring) to elevate digital supply chain finance solutions through innovative technology and collaborative efforts. This partnership underscores NEC Thailand's commitment to leveraging its digital expertise to deliver comprehensive support and opportunities for clients and markets across Thailand.
Through this collaboration, NEC Thailand and AIRA Factoring will join forces as non-exclusive partners to provide a range of key services. This includes utilizing TASConnect, a solution owned by SCV Research and Development PTE. LTD., and other digital capabilities of NEC to create robust and efficient supply chain finance programs. Additionally, the partnership will focus on client acquisition by targeting specific groups and markets to identify and capitalize on new business opportunities. Both companies aim to share market knowledge and best practices to drive growth and success, offering expert advice on marketing, product development, and identifying potential business partners for mutual benefit.
"NEC Thailand is delighted to partner with AIRA Factoring to enhance digital supply chain finance services," said Mr. Ichiro Kurihara, President of NEC Corporation (Thailand). "This partnership represents a significant step towards achieving our shared goal of transforming supply chain finance through digital solutions. We are committed to fostering innovation, enhancing client experiences, and creating a robust ecosystem of mutually beneficial business relationships."
"This partnership between AIRA Factoring and NEC is a powerful driver for co-value creation," says Mr. Akrawit Sooksai, CEO of AIRA Factoring and Chairman of the Thai Factors Association. "By leveraging financial technology, we will unlock new avenues for innovation and deliver comprehensive financial services that fully meet the needs of our customers, ensuring mutual growth for both our organizations."
The partnership between NEC Thailand and AIRA Factoring signifies a joint commitment to drive innovation and growth in supply chain finance. This collaboration will benefit businesses of all sizes and contribute to the wider economic development of Thailand and beyond.
About NEC Thailand
NEC started official activity in Thailand in 1962 by establishing a liaison office, and established NEC Thailand and NEC Communications Thailand (NCOT) in 1987 and 1988 respectively.