Over manual warranty administration, Warranty Management System Market have several advantages, including improved cash flow, cost savings, greater quality, and higher customer satisfaction. Additionally, manual warranty administration requires a lot of time and work. It has been noted that businesses employing manual methods for warranty management produce 12 to 15 separate papers and repeatedly enter duplicate data. A single invoice may be created using this technique in between 2.5 and 2.75 hours. The warranty management system, however, cuts the duration down to about 30 minutes. Additionally, it saves around 25% on warranty claim and processing costs. Therefore, throughout the course of the projected period, these factors are anticipated to fuel market expansion.
Leading Companies in the Warranty Management System Industry:
1. Simply Warranty
Simply Warranty. was founded in 2006 and it’s headqueter Yelahanka Hobli, Bengaluru, India . The company operates in 24 countries.
2. Snap-On Business Solutions, Inc
Snap-On Business Solutions, Inc founded in 1987, and its Headquarters located in Kenosha, Wisconsin. The company operates in 130 Countries.
3. Oracle Corporation
Oracle Corporation p,was launch in 1977 and it’s headquarter located Austin, Texas, United States.it operate over 150 country.
4. Zafire Ltd
Zafire Ltd, was launch in 2011 and it’s headquarter Banbury, Oxfordshire, United Kingdom ..it operate over 70 country.
5. SAP SE,
SAP SE,, was founded 1972, with its headquarters in Walldorf, Germany..With businesses in over 130 countries.
6. Pegasystems
Pegasystemswas launch in 1983. And its headquarter Cambridge, Massachusetts, United States. It operate over 95 country.
7. Tavant Technologies
Tavant Technologies Founded in 2000 and it’s headquarter located Santa Clara, California, United States, It operate over 80 country.in 2018 Tavant Technologies, a leading global provider of Warranty Management Software, today announced the launch of the latest version of its
*Definition- Warranty management software or also referred to as a warranty management system helps to process, track, and manage warranties and related claims through their lifecycle
