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NetSol Technologies Inc. (NTWK) Announces Release of New LeasePak Data Management Module

NetSol, a multinational provider of IT services and enterprise solutions to the financial services industry, announced the release of LeasePak Asset Focus Module. The module gives product managers a means of tracking revenue performance of financed assets, which was traditionally done by tracking each individual contract. The LeasePak will give vehicle and commercial equipment finance product managers a way to measure performance by tracking individual or aggregated assets across multiple contracts and customers.

Najeeb Ghauri, NetSol CEO and Chairman said, “NetSol’s customers need to measure the ROA (return on assets) of the assets they have financed and to offer their customers similar options for invoicing. We are very excited to be one of the only vendors in the financial services technology sector to offer our software customers the ability to freely choose among contract and asset-based accounting methods with unprecedented flexibility, as dictated by their business requirements and competitive strategies. We expect a very warm reception for these new capabilities from the North American equipment finance industry.”

NetSol’s commitment to quality is demonstrated by its achievement of both ISO 9001 and SEI CMMi Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. Their clients include Fortune 50 manufacturers, global automakers, financial institutions, technology providers and government agencies.

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