Communication Solutions

Mercedes-Benz Financial Services Taiwan (MBFSTw) has gone live with NetSol's LeaseSoft Contract Management System (CMS), a key product offering within the NetSol Financial Suite (NFS) of products.

 

MBFSTw is currently using NetSol's Proposal Management System (PMS), another LeaseSoft core application.

 

Using PMS and CMS modules, MBFSTw's complete retail-leasing management system is now run on LeaseSoft solutions.

 

NetSol's LeaseSoft solution is a premium suite of asset-based leasing software that improves business processes by providing fast and convenient solutions capable of dealing with multi-asset and multi-lingual environments.

 

LeaseSoft solutions are available for customers in motor finance, asset finance, consumer finance, real estate finance and loan finance.

 

"This is a great achievement, as this announcement reaffirms LeaseSoft's position as the product of choice for asset-based leasing software to the automotive sector in the Asia Pacific region. We are proud to extend our relationship with Mercedes as a valuable long-time customer. NetSol currently has implemented LeaseSoft at eight Mercedes sites in the Asia Pacific region and we look forward to the opportunity to continue to add value to Mercedes in other regions," said Salim Ghauri, president Asia Pacific Region, in a statement.

 

NetSol Technologies (News - Alert) is a provider of global business services and enterprise application solutions. NetSol uses its BestShoring practices and highly-experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions.

 

Organized into specialized practices, these product and services offerings include portfolio management systems for the financial services industry, consulting, custom development, systems integration, and technical services for the global healthcare, insurance, real estate, and technology markets.

 

NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, technology providers, and governmental agencies.

 

In July, NetSol announced that its Africa and Asia Pacific/Middle East Division has signed a new frame agreement with Daimler Financial Services AG Germany, to service Daimler's needs in Africa and the Asia Pacific region.

 

According to the frame agreement, Daimler Financial Services will extend its scope of consulting services, development, implementation, customization, and maintenance of software from NetSol on the basis of the new frame agreement.

 

The frame agreement outlines the implementation of basic and general provisions, regulations, and processes of existing and all future individual agreements for the delivery and development of software or services to Daimler Financial Services. The newly signed frame agreement supersedes all earlier agreements with Daimler Financial Services, of which the last agreement renewal was signed in 2004 for use of NetSol's flagship LeaseSoft solution. To date, NetSol is already serving the needs of Daimler Financial Services and its affiliated companies in eight countries in the Asia Pacific region.