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NetSol Technologies has revealed that a long-standing – albeit unnamed - North American-based client is to implement the latest version of NetSol's NFS-LeasePak software.

This system streamlines asset-based finance operations from contract origination through to completion. The project is valued at approximately $2.4 million.

Najeeb Ghauri, CEO of NetSol said:  "NFS-LeasePak plays an integral part in our client’s financing and leasing operations, helping streamline the processes for originators and accounting staff, while providing visibility into the business through an intuitive interface.

"As we introduce new solutions throughout the globe, we remain mindful of the investment our customers have made in our software and continue to support and upgrade those products, including incorporating elements of our next-generation solution, NFS Ascent, into the upgrade."

The customer's name was not disclosed per a non-disclosure agreement in place.