An automated and intelligent solution to learn warranty contracts, detect and manage warranty claims processes end-to-end for every fleet.
Hands off and automated, FOR-CLAIMS brings order to otherwise human reliant warranty processes. Warranty terms & conditions are difficult to understand, often convoluted, and require expertise in interpretation. Airlines unknowingly miss claiming millions because of this. FORLOOP CLAIMS removes these risks. Each contract is ingested and encoded – warranty detection becomes automated thereafter and when terms or clauses are changed, or rulings are made over warranty claims, the system LEARNS and refines in preparation for the next claim for each relevant warranty and part data entered.
Easy to use, FOR-CLAIMS is specifically designed for use by major Airlines. Existing MRO systems only track standard warranties. CLAIMS covers all warranty types – standard, rogue units, direct maintenance costs, shop processing time, and freight. As claims are identified, the system detects the claim, prompts, produces and tracks the warranty claim process. When vendor SLAs are missed, CLAIMS flags this to ensure each claim is maximised and to keep the supplier accountable to agreed SLAs.
Workflows are fully configurable, resulting in lower costs of maintenance and increased best-practice and quality as you continue to operate within known processes. Management dashboards make it easy to identify claims being processed, claim amounts, vendor adherence to SLAs, and more.
FOR-CLAIMS is specifically designed to remove the headaches caused by complicated warranty contracts, paper work, ad-hoc processes and the ensuing explosion in manual work, missing claims, rejections and lost revenue. It can either work independently or in unison with existing MRO software to help manage your claims process end-to-end. Recover millions of claimable dollars, automatically track claims as they move through the process, and positively impact the bottom-line.