FrogData Warranty Adminstration Platform
Speed Up Warranty Claims into Cash Flow for Auto Dealers
To Get a free analysis of your potential gain, call now: 844-384-6603 or Contact Us.
WarrantyMind AI is a total claims solution for dealers, one they can count on every day for a critical revenue channel. WarrantyMind AI is already making a measurable difference for dealers in improving warranty cash flow and reducing overhead costs.
For example, one dealer saw a 30% (4.2 day) improvement in the time it took to file a claim and reported a 10% lower rejection rate along with a five-day improvement in warranty collection efforts. Other dealers reported an overall lower cost for their stores, with many saving up to $25,000 in the first year of service alone.
Why WarrantyMind AI?
- Warranty administration is the single biggest driver of cash flow in an auto dealership and depends on good documentation by warranty administrators and technical repair staff. Very often, though, claims pile up due to staffing issues. You need a qualified Warranty Administrator to process them right.
- Manufacturers require dealers to follow their rules and it’s difficult to ensure that it’s always done right.
- WarrantyMind AI ensures that there is always an expert who is working on your claims. Our data analytics solution ensures that Op Codes are applied correctly and your claims fly through the OEM's system.
- Getting qualified Warranty Administrators is difficult and costly. With WarrantyMind AI, you only pay a small percentage of the claims paid, so you have no fixed cost and we are incentivized to get you the best reimbursement.
WarrantyMind AI Benefits
01
Improved cash flow through timely and accurate application of Warranty Claims
02
Increased revenue and gross by getting every allowable labor and part dollar for each claim
03
Reduced expense by leveraging highly skilled / subcontracted Warranty Administrators
04
Won’t have to pay benefits (taxes, insurance, PTO)
05
Eliminates the need to hire, train and manage a warranty administrator position
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A fraction of the cost of a full-time employee
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Peace of mind knowing your claims are being processed rapidly, accurately, and compliant with OEM policies and procedures.
WarrantyMind AI solves a painful and ongoing issue for dealerships: the cumbersome, manual process of warranty administration, which can lead to significant delays in claims reimbursement and subsequent revenue losses. In addition, dealers also face a critical shortage of good warranty claims administrators. WarrantyMind AI solves these issues.
Solving Critical Warranty Administration Problems
WarrantyMind AI is a data platform for warranty claims processing that solves critical warranty administration problems at automobile dealerships. The FrogData WarrantyMind AI platform integrates with the DMS, enabling warranty experts to file claims more accurately and much faster than the existing dealership process.
Because of its comprehensive integration with DMS systems, WarrantyMind AI is able to optimize claims management, using data analytics to analyze each repair order to ensure accuracy and to improve the speed of filing. The auto dealership claims management team is then able to use the FrogData platform to track and file claims efficiently.
Bridging Warranty Administration Skill Gaps
Warranty administration pain points at the dealership are usually the result of inadequately trained employees who misinform technicians and fail to follow up through the complex process of claims.
Not only do warranty administrators need to understand repair types and what information is needed to file a claim, they also need to be good at analysis, multitasking, and communications with customers across several functional dealership areas: skills that are difficult to find and train for.
WarrantyMind AI helps to cost-effectively bridge this skills/personnel gap for auto dealers and is built on a consistent standard and simplified process that leverages technology and expertise to help make warranty claims management more effective.
Current and future industry trends make effective warranty administration even more important. For example, increased consumer adoption of EVs and lease-based mobility models mean dealer’s warranty business will increase. Delay, or failure, to file these claims can cause significant revenue losses.
Our service is comprehensive and we are on call and on time.
For More Information, Call : 844-384-6603 or Use the Form Below.
