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

News Image

Nilam Bano | February 16, 2023 at 01:50 PM GMT+05:00

0:00

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.

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,955.00 119,740.00
116,460.00
-1340.00
-1.13%
BRENT CRUDE 73.37 73.63
71.75
0.86
1.19%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.21 70.51
68.45
1.00
1.44%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg