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OEMs, Meet The New Revenue Savior: Warranty Tracking Software

Intellinet Systems
5 min read

With a large number of parts under warranty and other concerns, it can be impossible for OEMs to manage spare parts warranty at large level, with the same manual method. Also, they will not be able to send/receive important information in a timely manner to keep everything in perfect processing. Intellinet offers warranty tracking software that can streamline OEMs manual warranty processing automatically. With warranty tracking software, OEMs will have the ability to efficiently track warranty of spare parts until the product is in supply chain.

warranty tracking software

Intellinet warranty tracking software puts all the data centralized and just a click away from OEMs and dealers. The software is hosted in the Cloud as a centralized database. OEMs can use the software at any location, they just need internet connection. The software works on smart phones, tablets and computers/laptop.

With warranty tracking software OEMs can check warranty at any point, record purchase history, check parts condition, and track warranty processing.  Implementing warranty tracking software will save OEMs time and money by allowing them to quickly presenting the record of parts.

Warranty tracking software is easy to use and easy to integrate with existing system of OEMs. Also, OEMs can Import data from existing spreadsheets and customize it according to their needs and requirements. The features and functions of this software will keep OEMs, ahead of their competitors. The solution will be really helpful for OEMs to improve their budgeting and financial preparation, reduce loss, and increase accuracy of reports.

Multi-milliner businessman also struggle to track warranty. They don’t have time to question whether customer is entitled to receive service or not and all this results in revenue loss.

With Intellinet, warranty leakage will be a thing of past. This in turn can contribute to both top and bottom line. With automatic entitlement checks OEMs can easily verify whether the customer is entitled for requested service or not.

Warranty tracking software ensures that customer warranties don't lapse unexpectedly without automated warranty renewals.

Also, having proper warranty tracking process at workplace improves customer satisfaction. Customer will get automated notifications about warranty renewal and they don’t need to remember their spare part renewal date. This can protect customers from unexpected warranty costs, thus improving their confidence in OEMs.

BENEFITS

  • Reduce warranty leakage and increase profit
  • Automated notification about warranty renewal.
  • Improve revenues
  • Improve the efficiency of your service operations
  • Protect customers from unexpected warranty cost
  • Complete transparency into warranty processing
  • Eliminate fraud warranty cases

FEATURES:

•    Automated entitlement verification
•    Perform instant entitlement check using a mobile device
•    Track, view, and renew warranties
•    Large volumes (warranty data from multiple warranty) is handled with ease via barcode-enabled receipts, and batch entitlement checks
•    Instant support for all services

Revenue is one of the company’s most valuable assets. So, how do you save such a vital component? The answer must be: software for warranty tracking. But unfortunately, most OEMs don’t realize that the warranties that accompany each component in their system can also serve as incredible assets. Without them a business could face expensive revenue loss. If OEMs are hoping to lighten their company’s pocketbook, relying on software for warranty tracking is a wise decision. Storing warranties in filing cabinets is becoming an obsolete practice – filed warranties are easily lost, misfiled, or simply forgotten. When OEMs and dealers are dealing with larger number of warranty parts list from different dealers, the result could be a mammoth filing cabinet full of thousands of different warranties. And if data is not well organized, OEMs may not be able to find the required warranty record that is needed to be resolved first, as on first come first serve basis.

What does software for warranty tracking do?

In OEMs, each spare part has their own warranty with specific terms. Customer may have paid extra for extended warranties to ensure that the parts will be well-protected for longer periods of time. Failure to produce those warranties means you’ve lost both the warranty fee as well as the manufacturer’s covered repairs. The right tools to track warranties from manufacturers makes it easy to match all of warranties to their respective products. Warranty tracking software also allows information to remain easily accessible right on digital device screen. OEMs and dealers can even set notification filters for warranties that are about to expire so that system can send renew notification to respective customers.

Tracking and Management Platform is the most flexible and customizable system in the industry for tracking and managing your assets. Going beyond fixed asset tracking, Intellinet optimizes and streamlines everything from auditing to facilities management, equipment support ticketing, calibration tracking, and compliance.

Unlike other systems, Intelli’s software is highly configurable, so it can become whatever OEM need it to be, and adjust as needs change. It works the way OEMs wants it to do, on computer system, laptop and through free Mobile App. This makes it easy for all authorized dealers to access the information they need, whenever they need, from wherever they happen to be working.

Intellinet management configuration lets OEMs access real-time data from any of devices at any time. No more wasted hours determining the accurate value of warranty parts claims or maintenance timing. It will put it all at their fingertips. Plus, world-class support team is available to answer questions and give resolutions to any issues. If you want to simplify your warranty tracking process, contact Intellinet today to see how we can put Intellinet warranty tracking software to work for you.

If you have any query or wish to know more about the software, just connect to the experts at www.intellinetsystem.com

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