NETSOL inks major contract with Japan based manufacturer for tech solutions in Australia

February 16, 2023 (MLN): NETSOL Technologies' sister company in Australia has secured a multi-million dollar contract with the finance division of a leading agricultural and industrial equipment manufacturer based in Japan, the notification sent to PSX revealed on Thursday.

 The contract is for the deployment of NETSOL's premier technology platform NFS Ascent Retail in the company's operations in Australia.

The contract includes Ascent Omni Point-of-Sale (Omni POS) and Ascent Contract Management System (CMS), as well as NFS Digital touchpoints including Self Point-of-Sale (Self POS), Mobile Point-of-Sale (mPOS) and Mobile Account (mAccount).

The implementation timeline is expected to be between twelve to fourteen months.

The client, who is already using NETSOL's solutions in New Zealand, will now expand their relationship with NETSOL into Australia.

NETSOL Technologies Ltd., Pakistan will benefit directly from this contract through the provisioning of both license and major services to the sister concern for the implementation of NFS Ascent at the client site.

This is expected to generate impressive intercompany revenue over the period of the contract.

NETSOL Technologies, a global provider of IT and enterprise software solutions primarily serving the asset finance and leasing industry, has established a reputation for providing high-quality solutions to its clients around the world.

This new contract has demonstrated the continued growth and success of the company and its expansion into new markets.

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