Why do Businesses Need Warranty Management System?
Warranties are provided to the consumer as a certificate from the seller regarding the quality of the product. It serves as a promise to the customer that their purchase is protected, in case something goes wrong with the product. That is one side of the coin. The other side is, though important, warranties prove costly from the OEM’s point of view. Mismanagement, operating cost, fraud claims are some of the factors that cause loss of time and money for OEM. Managing warranties can be a difficult task due to the size of the information involved. The need is for a solution that is easy to deploy, use and can streamline the top to bottom of the warranty process. One such effective solution is a module that creates administers, processes, and tracks warranty coverage of a product for its entire lifecycle. Intelli warranty management system is the very module we are talking about. Ineffective warranty management can prove to be the biggest reason when it comes to losses. therefore the abil...