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NETSOL Sister Company Signed Agreement with Leading Global Agricultural and Industrial Equipment Manufacturer

admin-augaf by admin-augaf
February 16, 2023
in Business, Finance
Reading Time: 1 min read
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Karachi February 16 2023: NETSOL’s sister company NETSOL Technologies Australia Pty Ltd. has signed an agreement with the finance division of a leading global agricultural and industrial equipment manufacturer based in Japan.

The contract relates to its operations in Australia.

The multi-million dollar contract is for the deployment of NETSOL’s premier technology platform NFS Ascent Retail, which consists of Ascent Omni Point-of-Sale (Omni POS) and Ascent Contract Management System (CMS). The client, who is already using NETSOL’s solutions in New Zealand, has also selected 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 twelve to fourteen months.

NetSol Technologies Ltd., Pakistan will directly benefit from this contract through the provisioning of both license as well as major services to the sister concern for the implementation of NFS Ascent at the client site. This will result in generating impressive intercompany revenue over the period of the contract.

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