Bangkok--27 Jun--Vero Public Relations
BSA | The Software Alliance introduced a new tool to enhance the Thai manufacturing and export sector’s competitiveness in the world market. The new tool, found within a suite of products available through an industry-supported portal known as Verafirm that helps companies effectively manage their software, offers the only global supply chain monitoring solution to track software compliance in integrated supply chains, giving businesses in the global supply chains confidence that their business partners operate ethically by using legal and licensed software.
Ms. Varunee Ratchtapattanakul, Thailand’s Representative of BSA, contends that major U.S. companies are on the verge of demanding that their supply chain partners show their compliance in the use of legal and licensed software. She notes: “Major multinational companies are considering the supply chain threat posed by reckless companies that decide to take their chances with illegal and unlicensed software. The security risks are huge, as are the legal, quality and delivery risks. And the reputational risks of having a reckless supplier are simply unacceptable.”
Business leaders, government officials and trade groups have indicated support for Verafirm as a solution to help local manufacturers and exporters with software compliance demonstrate their ethical practices and IT governance to their existing customers of global companies and help connect them with new customers interested in doing businesses with ethical companies.
“Verafirm is a must-have solution for all Thai exporters,” said Mrs. Sumruk Methiprechakul, Managing Director of Good Luck Product Co. Ltd., a leading seafood processing company that was among the first to sign up on Verafirm.org. “I encourage all Thai exporters to sign up.”
Supported by leading software publishers, Verafirm provides businesses with a simple feature-rich tool to manage software licenses online, to efficiently document that their software is licensed, and to effectively manage their software assets based on benchmarks from the International Organization for Standardization (ISO). This is to demonstrate to business partners their strong IT governance through control of their software. The tool is offered in multiple languages with a user-friendly interface, self-help guidance and features, and live customer support.
Verafirm offers benefits for executives in a variety of roles, including managing directors, supply chain managers, IT managers, and procurement and export managers. Verafirm helps protect businesses, especially manufacturers and exporters, from security risks posted by illegal and unlicensed software and helps optimize software assets.
Supply chain experts and intellectual property experts say that Verafirm is a solution that will help to identify which business behave in a responsible manner and those that do not. Much like corporate responsibility to comply with labor regulations, environmental regulations, health and safety regulations – businesses are also responsible for using legal and licensed software in the production of goods and services.