For many companies, warranty is viewed as
both an unpredictable and uncontrollable expense. Businesses lose
millions annually from using antiquated procedures and systems to
manage a complex warranty process with many suppliers and customers.
Claims processing is labor intensive and often invalid claims are
paid or it takes months for claims to be paid.
Efficiently managing warranty is even more
challenging because it's not just about claims processing
it
involves managing a whole chain of entities such as suppliers, assemblers,
OEMs, dealers, repair centers, re-manufacturers and

owners.
For instance, a truck driver from Iowa may receive service on a
transmission in Florida. The service center needs to validate the
warranty, which could be from a number of sources such as a truck
manufacturer, the maker of the transmission or even an insurance
company. Furthermore, the actual cause of failure could be a result
of the truck OEM, the transmission manufacturer or a component supplier.
Proper validation and approval of the claim against multiple
warranties, return of appropriate parts, and processing payments
and credits is labor intensive and takes an extended period of
time, leading to customer and channel frustration. The multiple
players in the warranty chain add to the complexity and make recovering
money from suppliers and forecasting warranty reserves difficult.
Fortune 1000 firms face these problems daily and as a result
vital relationships are threatened. Quick and accurate processing
of a large number of claims, while reducing costs and increasing
service, requires an effective, automated warranty processing
system.
Entigo provides a collaborative warranty system that simplifies
a complex business process and ensures seamless integration with
warranty chain partners. The web-based intelligent claims management
system decreases errors and paper-based inefficiencies, eliminate
payment of invalid claims, and quickly flags the cause of failures,
dramatically reducing the reimbursement cycle.
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