NETSOL Technologies, Inc., a global business services and enterprise application solutions provider to the Asset finance and Leasing industry, has released LeasePak Cloud™, the seventh edition of the popular LeasePak end-to-end portfolio management solution for the asset finance Industry.

Four of the top 10 banks, three brand-name automotive captives, and many other finance companies across North America are currently using LeasePak. With this new cloud release, the application is now accessible to a whole new range of growing finance companies and start-ups, providing them with all the capabilities they need to deliver to their customers, which until now, had been out of reach.

Combining a new user-interface with a modern architecture and a quick-start cloud deployment, LeasePak Cloud provides enterprise features that make doing business faster, easier and ultimately more profitable. Leveraging the cloud, businesses can bring new financial products to market faster, ensuring competitive offerings that capture more new business. With LeasePak Cloud‘s fine-tuned in-life servicing module, businesses will find it easy to ensure they provide excellent customer service throughout the customer relationship. LeasePak Cloud customers also receive the quality benefits of NETSOL's DevOps methodology for development, testing and deployment, as well as the availability of fully outsourced IT managed services.

LeasePak Cloud now also offers an integrated digital platform, NFS DIGITAL™, which seamlessly brings customer self-service to mobile and tablet devices. This industry-first platform offers sophisticated virtual reality functionality as well as artificial intelligence-powered "chatbot" programs for automated customer service responses.

The New LeasePak Cloud Features:

• Better customer support capabilities
• Integrated mobile app self-service and dealer field service
• Refreshed application architecture with microservices that provide easy adaptability into any customer environment
• Improved end-user experience with a modern-looking interface
• Improvements and additions to user configurability capabilities, making it even easier to adapt to dynamic business environments
• Credit Bureau reporting fully compliant with the CDIA Metro2 formats, standards and regulations, and built-in automations to make the credit management process quick and easy

"For years LeasePak has been used by some of the largest banks, equipment finance and automotive finance companies in North America," added Jeff Bilbrey, President of NETSOL Technologies Americas. "We are proud and excited to now bring this powerful loan and leasing platform to the cloud, making a large enterprise solution accessible to medium and small businesses."