What is Warranty Claims Processing?
Warranty Claims Processing is the procedure of processing claims for warranty work in an automotive dealership. OEM Compensates a dealer for warranty work that is filed daily to the OEM for payment in the automotive industry. Dealers must present RO’s that are under strict OEM guidelines for an automobile to be repaired. Automobile repairs are done daily and within 24 hours a claim is submitted to the OEM to show proof that said repairs were completed and a payment is posted to the Dealer .
If your repair work is incomplete or there are faulty or malfunctioning parts, a distressed customer can cause you to start to worry about exactly how to take care of a service warranty claim or whether any prolonged service warranty protection is also appropriate. As an extra consumer focused procedure, warranty claims processing and also service warranty insurance claim management can be a distracting and also expensive task for lots of automotive dealerships. Handling warranty claim processes are complicated, time consuming, as well as entail specific conformity procedures that can result in the loss of beneficial profits and also time. Using our successfully confirmed guarantee monitoring system, we can assist to minimize warranty costs to ensure complete consumer fulfillment.
Benefits of Outsourcing Service Warranty Claims VS In Home
While it can seem manageable to handle in-house, the benefits of outsourcing your dealer warranty claim or extended warranty to an expert warranty claim service can prove to be in your best interest. With so much potential additional revenue available to claim and so many challenges to face in addition to regular responsibilities, QB Business Solutions is the solution for your automotive warranty claim processing and warranty management needs. Some benefits include:
- Division management focus gets on keeping retail sales
- Enhances department effectiveness
- Claims paid the first submission 86% or above
- Days to submission 2.5 days or much less
- Reduced division overhead
- Appropriate Op Code use results in optimizing Dealer Settlement, (Pay Out).
- Quit delayed submissions as a result of staff member turn over, absence, trip, health problem, and so on.
- Maintaining conformity demand through documents audits.
- Preserve dealer required training.
How Can We Help
We aim to maximize your profits and reduce the time your dealership spends on warranty claims and warranty management and processing for your dealership. We do this by an integration of your dealership warranty claim into our successful warranty claims management systems. We understand that each dealership is unique, that is why our dedicated account managers work directly with clients to achieve the best results for your warranty claim and warranty claims management, as opposed to simply using a software system, which typically yields lower results. We know that the paperwork is one of the most important factors when it comes to warranty claim processing and we pride ourselves with having the highest integrity in our warranty claim paperwork with over 99% accuracy. Since the laws and regulations are constantly changing, our teams stay up to date with and adapt to new warranty claim changes and training whenever they arise. We take pride in helping dealerships get back on track operationally and become sustainable for the future.
When it comes to your auto warranty monitoring solution for warranty claims as well as extended service warranty, trust in QB Solutions’ proven systems to regain your earnings and your time. Our service warranty processes are your guaranteed management solution and our results speak for themselves. As your warranty management solution, QB is committed to your service warranty insurance claim handling success and also is right here to be a partner for your auto dealership management. Contact us today to get started!