NETSOL Technologies, a business services and enterprise application solutions provider, announced that existing customer Haydock Finance, an asset finance specialist based in the UK, signed up for two additional products from NETSOL’s Appex Now marketplace: Dock and Lane.
Dock is a centralized document generation tool with template-based configuration and syntax, allowing users to create documents in seconds. Lane offers an end-to-end order management system for asset leasing/loans and credit companies.
In April 2023, Haydock Finance subscribed to Flex, NETSOL’s API-based, instant calculation engine covering all calculation aspects, ranging from the pricing for the end customer at inception, in-life financial modifications, the re-creation of the repayment plan, termination, amortizations/re-amortizations and other calculation types. Flex was the inaugural product launched as a part of the NETSOL’s Appex Now marketplace, a marketplace for API-first products specifically designed for the global credit, finance and leasing industry.
“We are very pleased to further enhance our partnership with Haydock Finance in the UK,” Najeeb Ghauri, founder and CEO of NETSOL Technologies, said. “After integrating our cloud-based calculation engine Flex into their operations and benefiting from its efficiency, accuracy and timely calculation results, they have chosen to subscribe to two additional products from our Appex Now marketplace: Dock and Lane.
“The quick success of our API-first products, which are changing how businesses integrate our solutions, excites me as CEO. Our dedication to an API-first strategy has enabled our customers to onboard quickly and efficiently, greatly enhancing their experience. We’ve seen a rise in the number of financial institutions registering for our API-first products as a result of our emphasis on seamless integration and user-friendly interfaces, confirming our position as industry leaders in offering quick and simple solutions.
“By integrating our Appex Now products, vendors and sales teams can quickly calculate, generate and share quotes with customers on-the-go, saving time and elevating convenience for all involved. Furthermore, once the quotes are saved, they can be easily retrieved and entered directly into the underwriting process, which streamlines processes to avoid duplication and ensure accuracy and consistency.”
“Working with NETSOL Technologies has been an absolute pleasure so far. Their calculation engine Flex performs calculations that are 100% accurate, meeting our operational requirements and enabling quick and precise calculations for our quotes and applications on desktop and mobile platforms,” Mike Boyes, head of vendor at Haydock Finance, said. “We subscribed to Dock so that we could print quotations and generate documents on the fly. It would provide us the freedom to set up various templates for various goods and to create quotation documents with only one click. Our document creation process will be streamlined and error-free thanks to Dock, which allows us to produce professional quotes in a matter of seconds.
“Lane resolves the issues with the order creation and management process. Our business operations will run more smoothly with Lane’s help. Quotations and applications can be saved, retrieved as needed and printed from a desktop, tablet, or mobile device. We are really impressed with how quickly and easily NETSOL’s API-first products can be signed up for and on-boarded.”
