NETSOL Partners with Hiltermann to Enhance European Operations
NETSOL Technologies Expands European Footprint with Hiltermann Partnership
NETSOL Technologies, Inc. (NASDAQ: NTWK), a prominent player in delivering cutting-edge solutions for the asset finance and leasing sector, recentley announced a significant partnership with Hiltermann, a reputable Netherlands-based lender in the financing and leasing market. This collaboration marks a strategic milestone for NETSOL in enhancing its operations across Europe.
Harnessing Innovative Technology for Business Growth
With the launch of Hiltermann utilizing NETSOL's Wholesale Finance System (WFS), the new partnership intends to leverage NETSOL's advanced white label lending platform. This move aims to broaden Hiltermann’s competitive edge in the asset finance landscape in Europe.
Benefits of API-Enabled Technology
NETSOL's sophisticated API-enabled technology empowers Hiltermann to cultivate stronger relationships with its dealerships. By optimizing customer interactions, the platform provides Hiltermann with significant advantages in a highly competitive market. Furthermore, the seamless integration of their stock financing solution simplifies operations while enhancing automation and scalability, contributing to a more efficient experience for both lenders and dealers.
Voices Behind the Partnership
Darryll Lewis, Managing Director of NETSOL Technologies Europe, expressed immense pride in his team's swift delivery of Hiltermann's system implementation. He noted that their hybrid approach, which combines local expert knowledge with offshore efficiency, was crucial for a timely rollout. This strategic methodology not only enhances service delivery but also fosters future scalability for Hiltermann's evolving needs.
The Excitement from Hiltermann
Roy Busschers, Head of Dealer Finance at Hiltermann, shared his enthusiasm about this new chapter in their wholesale finance strategy. He mentioned that choosing NETSOL was a pivotal decision for their evolving operational framework. The implementation's speed of just five months demonstrated the efficacy of NETSOL’s processes, leading to a smooth integration that enhances funding flexibility and dealer reporting.
About NETSOL Technologies
NETSOL Technologies is renowned worldwide for its leading-edge solutions tailored for the asset finance and leasing domain, servicing over 30 countries. Established in 1996, NETSOL has continuously pushed technological boundaries with its flagship product, the NETSOL Financial Suite (NFS). Their focus on advanced AI and cloud services positions them as innovators ready to tackle the complex challenges of the dynamic global marketplace.
About Hiltermann
Hiltermann stands out as a versatile partner in the leasing market, not tied to any specific bank or brand. They specialize in both operational and financial leasing of vehicles and financing business assets, distinguishing themselves among the top tier of leasing companies in their region.
Frequently Asked Questions
What is the purpose of the NETSOL and Hiltermann partnership?
The partnership aims to enhance asset finance services in Europe, leveraging innovative technology to improve dealer relationships and competitive positioning.
How does NETSOL’s technology benefit Hiltermann?
NETSOL's API-enabled technology streamlines processes, increases funding flexibility, and enhances reporting capabilities for Hiltermann.
What is the expected impact of this partnership on the market?
This collaboration is set to elevate the asset finance offerings in Europe, creating a more efficient marketplace for lenders and dealers alike.
How long did the implementation process take?
The implementation was completed in just five months, showcasing NETSOL’s capability in executing swift technological integrations.
Where does NETSOL operate?
NETSOL operates globally, providing solutions to clients across more than 30 countries, focusing on the evolving needs in the asset finance sector.
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