NETSOL’s Next Generation Platform – GuruFocus.com

CALABASAS, Calif., June 30, 2022 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (NTWK), a global provider of business services and enterprise application solutions to the global finance and leasing industry assets, announced the launch of its first cloud-based next-generation NFS Ascent Omni Point of Sale (Omni POS) platform for Maple Commercial Finance Pty Ltd (Maple) in Australia. The client is a fast-growing asset finance start-up headquartered in Sydney.

“It is with great pleasure that I announce our launch with Maple,” said Asad Ghauri, President, NETSOL Technologies, Asia Pacific and Group General Manager Europe, NETSOL Technologies Europe. “Maple chose Ascent’s Omni POS as a brokerage portal to manage the end-to-end origination process. By implementing on the cloud, they benefited from a seamless and fast deployment process with the ability to scale on demand in the future. Additionally, by opting for a cloud-native approach, the customer did not have to pay any upfront license fees. This deployment represents the fastest implementation ever in NETSOL’s history.

“We have provided fast and cost-effective solutions to various local markets around the world. By focusing specifically on the Australian market, NETSOL ensured that its solution for Maple was closely aligned with local requirements and expectations,” he added.

“With cloud hosting and managed services using an agile delivery approach, the speed to market has proven to be much faster, with lower cost and reduced risk to the customer,” he said. added. “As NETSOL continues to maintain its unparalleled implementation success rate of 100% (worldwide), the deployment time for each project has decreased. Implementation for this customer resulted in a 60% reduction in deployment time and a 40% reduction in costs. »

“We chose to work with NETSOL after a thorough evaluation process during which they proved their ability to adapt to our needs as an agile and fast-growing startup. Throughout the project, the team has supported our requirements and delivered on commitments in a timely and efficient manner,” said Ben Kennedy, Maple’s COO.

About NETSOL Technologies
NETSOL Technologies, Inc. (NTWK) is a global provider of IT and enterprise software solutions primarily to the global finance and leasing industry. The company’s application suite is built on 40 years of domain expertise and is supported by a committed team of more than 1,300 professionals in eight strategically located support and delivery centers around the world. NFS, LeasePak, LeaseSoft or NFS Ascent® – helping businesses transform their finance and leasing operations, by providing a fully automated asset-based finance solution covering the entire finance and leasing lifecycle.

About Maple Commercial Finance
Maple is a modern financial company focused on making an impact in the asset finance market. Our philosophy is centered on simplifying access to the financing products that today’s businesses need.

Specialties
Asset financing, commercial loans, partnerships, intermediaries, equipment financing and financing.

www.maplecommercial.com.au

Forward-looking statements
This press release may contain forward-looking statements relating to the development of the Company’s products and services and future results of operations, including statements about the Company that are subject to certain risks and uncertainties that could cause the results actual differ significantly from those projected. The words “expects”, “anticipates”, variations of these words and similar expressions identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement is not is not prospective. . These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company’s actual results include the progress and costs of developing products and services and the timing of market acceptance. The relevant companies expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with respect thereto or any change in events, conditions or circumstances about which any statement is based.

Contact with Investor Relations:

Investor Relations
(818) 222-9195
[email protected]

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