NETSOL Technologies Announces Major Updates on Otoz Platform and Recent Traction with Key Automotive Clients - Seite 2

NETSOL is set to expand its offerings with the upcoming phased launch of Otoz 2.0 over the next year. At the forefront of this advancement is the debut of an API-first product ecosystem, Appex Now (Appexnow.com), NETSOL’s marketplace offering that caters to the global finance industry with turnkey API-first solutions. Through Appex Now’s Hubex API product, collaborations with major dealer management systems (DMS) providers, customer relationship management systems (CRMs), and finance drivers are now available. The modular and headless architecture of Otoz 2.0 will empower partners to rearrange process flows and innovate without implementing code modifications.

The Otoz dashboard for dealers and administrators will undergo substantial enhancements. These new integrations will be further enriched by advanced artificial intelligence and machine learning models to optimize customer interactions and gain predictive insights. The vision is to provide dealers with a holistic omnichannel tool for both digital and in-person transactions, minimizing reliance on auxiliary dealer systems, and creating efficiencies through fewer screens. Emphasis will also be placed on curating personalized and intuitive F&I upselling opportunities.

MINI Anywhere Powered by Otoz Doubles Enrollment in Past 12 Months; Achieves 5x Increase in Lead Volume

Since its debut in June 2021, MINI USA's digital retail program, MINI Anywhere powered by NETSOL’s Otoz technology has established itself as a premier digital retail platform in the automotive industry. More than a sophisticated lead generator, MINI Anywhere offers MINI dealers an omnichannel, end-to-end sales platform while delivering customers a seamless yet comprehensive shopping experience. From payment options aligned with MINI Financial Services programs to trade-ins, MINI finance and insurance (F&I) options, streamlined credit approvals, digital contracts, and delivery schedules, every aspect has been designed with convenience in mind. Remarkably, MINI enthusiasts can finalize their purchase in as little as 30 minutes, all from the comfort of their homes.

In the last 12 months, the program has more than doubled dealer enrollments now active across nearly two-thirds of the MINI USA dealership network, enabling an unprecedented 5x increase of lead volume and vehicle sales, and an impressive 20% lead conversion rate on average. The program continues to roll out across the network.