NetSol's Leasepak Product
Provides Productivity Gains for Yamaha Motor Corporation
CA: NetSol Technologies, Inc. (NASDAQ:NTWK), a US-based,
multinational provider of enterprise software and services
for commercial finance, has announced that Yamaha Motor's
decision to upgrade to the current version of their core
equipment finance portfolio management LeasePak, provided
by McCue Systems/NetSol Technologies US, has resulted in
significantly improved document processing and reporting
for the organization.
Yamaha, a long-time McCue Systems/NetSol Technologies US
customer, made the decision to upgrade their core portfolio
management system to the most current version, LeasePak
5.3, for its US equipment leasing operations. Yamaha Motor's
Commercial Customer Finance supports leasing to customers
in all 50 states throughout the US.
"Since upgrading to LeasePak 5.3, we have been able
to manage our equipment leasing portfolio even more effectively,
as well as deliver even better customer service," said
Kim Francis, Yamaha Assistant Department Manager for Accounting-Leasing
and Treasury. "We appreciate the improvements to the
product that McCue Systems/NetSol Technologies US has consistently
delivered throughout our relationship with them," added
"We are delighted that our recently-added US product
team is doing an excellent job in achieving its core mission
for Yamaha, which is to enhance the productivity of its
leasing operations," commented NetSol Technologies
CEO Najeeb Ghauri. "As a core technology provider to
Yamaha Motor Corporation US, we can now deliver even greater
value to the parent corporation as we grow the NetSol Technologies
footprint within their finance organization."
Mike Miller, Vice President of Client Consulting Services
for McCue Systems/NetSol Technologies US, added, "Yamaha
Motor's Commercial Customer Finance is a truly professional
team that makes our job as their customer support resource
a mutually rewarding experience."
McCue Systems/NetSol Technologies US has been providing
portfolio management solutions to the US equipment and vehicle
industry for over 30 years. Its core solution, LeasePak,
the company's core portfolio management solution, is in
use at leading banks, manufacturers, and independent leasing
companies throughout the US as well as in Canada and Australia.
About NetSol Technologies, Inc.
NetSol Technologies is a US-based multinational provider
of enterprise solutions and services for commercial finance.
Headquartered in Calabasas, CA, NetSol Technologies, Inc.
operates on a global basis with locations in the U.S., Europe,
East Asia and Asia Pacific, including: London, Los Angeles,
San Francisco, Sydney, Beijing, Toronto, and Lahore, Pakistan.
The NetSol family of products includes: the LeaseSoft Contract
Management System, LeaseSoft Credit Application Processing,
LeaseSoft Wholesale Finance System, LeaseSoft Premium Finance
System, LeaseSoft EPO system, and the LeasePak system. NetSol
clients include: Motorola, CitiGroup, BMW, Toyota, Yamaha,
Quest Communications, and Investec. NetSol's largest customer:
DaimlerChrysler Services, a division of DaimlerChrysler,
the world's fifth-largest carmaker, ranks NetSol as a preferred
vendor in 40-plus countries.
NetSol Technologies helps its clients identify, evaluate
and implement technology solutions to meet their strategic
business challenges and maximize their bottom line. By utilizing
its worldwide resources, NetSol Technologies delivers high-quality,
cost-effective equipment finance portfolio management solutions
and IT services ranging from consulting and application
development to systems integration and outsourcing. NetSol
Technologies' commitment to quality is demonstrated by its
achievement of both ISO 9001 and SEI (Software Engineering
Institute) CMMl (Capability Maturity Model) Level 5 assessment.
For more information, visit NetSol Technologies' web site