NetSol Technologies announced that a long-standing North American-based client will implement the latest version of NetSol's NFS-LeasePak solution—software that streamlines asset-based finance operations from contract origination through completion. The project is valued at approximately $2.4 million.

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

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