NETSOL Technology has announced the go-live of its next-generation platform NFS Ascent Omni Point of Sale (Omni POS) on the cloud for Maple Commercial Finance in Australia. This deployment represents NETSOL’s quickest ever implementation, and was done in under 15 weeks at the fast growing asset finance startup, which is headquartered in Sydney.
Asad Ghauri, President, NETSOL Technologies, Asia-Pacific and Group MD Europe, NETSOL Technologies Europe, explained: “Maple has opted for Ascent’s Omni POS as a broker portal for managing the end-to-end origination process. By implementing on the cloud, they benefitted from a seamless and swift deployment process with the ability to scale on demand in the future. Further, by opting for a cloud native approach, the client benefitted from not having to pay any upfront license fees.
“We have delivered fast-paced and cost-effective solutions to different local markets across the world. With specific focus on the Australian market, NETSOL ensured its solution for Maple was closely aligned with local requirements and expectations,” he added.
Ben Kennedy, Maple’s chief operating officer, said: “We chose to work with NETSOL after an extensive evaluation process where they proved their ability to adapt to our needs as a fast-growing and nimble startup. Throughout the project, the team supported our requirements and delivered on their commitments in a timely and efficient manner.”
Ghauri noted that as NETSOL continues to maintain its 100% implementation success rate worldwide, the deployment time for each project has been decreasing.
“The implementation for this client witnessed a 60% decrease in deployment time and a 40% reduction in costs. With cloud hosting and managed services using an agile delivery approach, speed to market proved to be much faster, with a lower cost and reduced risk for the client,” he said.
