Business
NETSOL signs multi-million-dollar agreement with Chinese Leasing Company for the implementation of Transcend Finance in Indonesia
ENCINO, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed a contract with a Chinese leasing company – marking the customer's expansion into the Indonesian market. The company specializes in providing a variety of leasing solutions across multiple industries, with a particular emphasis on equipment leasing, asset financing and commercial leasing. The a
About this update from Netsol Technologies Inc.
[{"type":"image","alt":"NETSOL Technologies Inc.","displaySize":"","headline":null,"caption":"NETSOL Technologies Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":247,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/ac99d063c71b4b372edc5f667647b99b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/tiMgF9s3.RqqDTCto93Cdw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTUxMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/ac99d063c71b4b372edc5f667647b99b","width":247,"height":300}},"lazy":false},{"type":"text","content":"ENCINO, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed a contract with a Chinese leasing company – marking the customer's expansion into the Indonesian market. The company specializes in providing a variety of leasing solutions across multiple industries, with a particular emphasis on equipment leasing, asset financing and commercial leasing.","length":498,"tagName":"p"},{"type":"text","content":"The agreement signing is for the deployment of NETSOL’s Transcend Finance, comprising its Omni Point of Sale (Omni POS) and Contract Management System (CMS).","length":157,"tagName":"p"},{"type":"text","content":"Omni POS is a highly agile, easy-to-use application which enables users to rapidly assess the merit of credit applicants and empowers them to change business rules, add approval levels and adjust reporting requirements according to their needs. Transcend Finance’s Contract Management System is a powerful and functionally rich application for managing and maintaining detailed credit contracts throughout their entire lifecycle.","length":429,"tagName":"p"},{"type":"text","content":"Alongside Transcend Finance, the customer has also opted for a customized funding system tailored to meet their specific requirements. Built with flexibility and scalability, it has been designed to provide them with a seamless platform for managing funding operations, allowing for quick decision-making and smoother transactions as they establish their presence in the new market.","length":382,"tagName":"p"},{"type":"text","content":"This partnership represents a greenfield implementation, allowing for a complete redesign and customization of processes without constraints...