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2023 will see a prevalence of warranty fraud for OEMs. Individuals and organizations come up with new ways to take advantage of the warranty programs which cost manufacturers dearly every year. Utilising technology, and operational and legal tactics, OEMs can eliminate this challenge. To know more in detail, visit our website: https://www.intellinetsystem.com/<br>
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www.intellinetsystem.com Guarding Against Warranty Fraud: Strategies for OEMs in 2023
Advanced Warranty Management Systems For any OEM, the implementation of a comprehensive customer warranty tracking software and management system is crucial as well as critical. These systems should have the capability to monitor real-time warranty claims, where they can recognize unusual trends as well as abnormalities that could point at potential fraud. The effect of warranty fraud can be substantially reduced with the help of these proactive methods.
Blockchain Technology for Permanent Records OEMs can utilize blockchain technology to implement tamper-resistant warranty records. The implementation of blockchain can improve the integrity of warranty programs by ensuring visibility of claims, and irreversibility, and improving traceability, thereby reducing the opportunities for any potential warranty fraud.
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