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WARRANTY MANAGEMENT PTIMIZE

PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

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Page 1: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

WARRANTY MANAGEMENTPTIMIZE

Page 2: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

mWARRANTYMize next generation Warranty Software (mWarranty) connects manufacturers,

distributors, dealers, suppliers, and customers to optimize Warranty Management by streamlining warranty processes, reducing warranty costs and

improving product quality.

REDUCEWarranty

Costs

IMPROVEProductQuality

Reduce warranty costs by

applying warranty policies and

terms, increasing supplier

recovery, and improving

rervice operations. Increase

customer retention and grow

service plan sales by

delivering a better value

and differentiated

customer experience.

STREAMLINEWarrantyProcesses

Improve the effectiveness

and efficiency of all

warranty processes by

simplifying and automating

product registrations,

service plans, warranty

claims, returns, supplier

recovery and

service campaigns.

Improve product quality

through actionable insights

with warranty reporting and

analysis to reduce detection-

to-correction cycle time of any

product defects. Enhance

collaboration with all

stakeholders including Quality,

Manufacturing, Engineering,

and Suppliers.

Page 3: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

mWarranty enables companies to manage end-to-end warranty lifecycle effectively. Companies can replace disparate systems with a consolidated global warranty software to optimize Warranty Management across all business units, product lines, and regions.

Seamless warranty data flow among all stakeholders and processes enables you to improve productivity and reduce cycle time:• Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value• Automate warranty claims process and enhance accuracy of warranty data• Streamline returns to support quality analysis, supplier recovery, and re-manufacturing• Collaborate with suppliers to reduce warranty costs and improve quality • Gain actionable insights to detect and correct product defects earlier

WARRANTY MANAGEMENT

• Policies & Terms• Campaigns • Business Rules

CLAIMS PROCESSING

Streamline Warranty

> 80% Automation

50% Attach Rate> 40-60% Recovery

Reduce Warranty Costs

Reduce Returns

• Claims Submission• Claims Adjudication• Payment

REGISTRATION

• Pre-delivery Inspection• Product Registrations• Service Plans

SUPPLIER RECOVERY

• Supplier Agreements• Supplier Claims

WARRANTY INSIGHTS

• Reporting & Analysis• Corrective Action• Quality Improvement

RETURNS

• Parts Return• Shipment Tracking• Parts Inspection

• OEM •

• CHANNEL

S •

• SUPPLIERS •

WARRANTY LIFECYCLE MANAGEMENT

Page 4: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

MY PRODUCTS: NATIVE MOBILE APP

SIMPLIFY REGISTRATIONSIncrease product registration rate by simplifying the registration process and adding value to the customers. Know who your customers are and establish a direct connection using My Customer portal.

Benefits:• Manage and track products, customers, and warranty entitlements• Elevate customer on-boarding experience • Generate additional revenue and profits from accessories, parts, services and service plans• Inform customers on service campaigns, product knowledge, and upgrades

SELL SERVICE PLANSManage service plans to deliver value-added services and programs beyond standard warranties. Differentiate customer experience and improve customer satisfaction by building long-term relationships across all channels including retail, web, mobile and social media.

Benefits:• Increase plan attach and renewal rates• Grow sales and profitability of service plans

• Improve customer retention and loyalty• Gain customer and product insights

CONFIGURE PLANS& PROGRAMS

MANAGEOPPORTUNITIES

MARKET & SELLSERVICE PLANS

INCREASEPLAN RENEWALS

ANALYZE PROFITS& PRICING

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CUSTOMER PORTAL

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PRODUCT: 9.3MODEL: XLSSERIAL #: 2992101102-00CUSTOMER: John Smith cus3608WARRANTY: 10/20/2018

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SERVICE02 add4rge2�녑Ā

RECALLS01

PARTS10

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INSPECTION01

CLAIMS02 add4rge2�녑Ā

MY PRODUCTS: WEB PORTAL

INCREASE REGISTRATION RATE up12捭楺攀��녑

INCREASE ATTACH RATE up12捭楺攀��녑

Page 5: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

WARRANTY CLAIMS BUSINESS RULES

equalizeCLAIM REVIEW CLAIMS HISTORY

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AUTOMATE CLAIMSStreamline and automate all types of claims with extensive business rules to validate claim data. Service providers can easily upload, enter, submit and check the status of claims online. Manage and control claim costs by enforcing compliance with warranty policies, entitlements, failure coding, authorized parts, and standard repair times.

Benefits:• Control warranty costs with extensive checks and validations• Enhance the accuracy and integrity of claim data • Improve productivity and efficiency with Claim process automation

• Reduce the claim cycle time• Capture attachments, videos, diagnostics and communication

AUTO APPROVED CLAIMS

INCREASE SUPPLIER RECOVERYImprove collaboration to reduce warranty costs and improve product quality by sharing supplier warranty claims in real-time. Supplier Warranty Portal allows OEMs and suppliers to exchange claims, RMA’s, and performance metrics.

Benefits:• Increase warranty cost recovery• Drive product quality and supplier performance

• Manage supplier warranty efficiently and cost effectively• Provide real-time visibility to warranty failures

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STREAMLINEWARRANTY

REDUCECOSTS

IMPROVEQUALITY

cloud5y�WARRANTYCONNECT

INSIGHTS

CLAIMS

FEATURESSTAKEHOLDERS BENEFITSSOLUTION

RETURNS

transSUPPLIERS

OEM

CHANNELS

INCREASE CLAIM AUTOMATIONup12捭楺攀��녑

INCREASE COST RECOVERY up12捭楺攀��녑

Page 6: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

DASHBOARDS AND REPORTS EARLY WARNING SYSTEM WARRANTY RESERVES

MANAGE SERVICE CAMPAIGNSStreamline the entire product recall process to limit financial risk, retain customers and protect brand reputation. Manage the service campaigns from initiation to closure, including; customer notifications, performance tracking, and compliance reporting.

GAIN WARRANTY INSIGHTSProvide easy access to warranty dashboards and reports to all stakeholders, including; Warranty, Quality, Engineering, Finance, and Suppliers to track and improve warranty performance metrics. Generate and share standard reports for warranty reserves, failure analysis, regulatory compliance, and supplier quality.

INITIATE DEFINE AUTHORIZE PERFORM TRACK

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Benefits:• Gain actionable insights to reduce warranty costs • Reduce detection-to-correction cycle-time to fix quality issues• Provide a centralized and trusted source of qarranty metrics • Save time and cost in creating ad hoc reports

Benefits:• Manage recalls efficiently and cost effectively • Track and improve campaign performance • Enhance customer satisfaction • Improve product quality and safety

IMPROVE QUALITY & SAFETYplus

REDUCE WARRANTY COSTSdown126@�녑Ā�

Page 7: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

MIZE AS YOUR SOLUTION PARTNERIn addition to mWarranty (next generation Warranty Lifecycle Management software), the Mize team brings in-depth experience and best practices to optimize Warranty Management. The Mize team has a proven track record of delivering warranty solutions successfully to numerous global brands.

Our simple and cost-effective subscription model allows you to deploy mWarranty software without the upfront investment in costly infrastructure, software licenses or implementation services. mWarranty can be seamlessly integrated with your ERP, CRM or other enterprise systems to provide a connected warranty experience to all stakeholders.

MIZE GLOBAL TEAM CLOUD SUBSCRIPTION BEST PRACTICES

• Decades of warranty experience• Proven industry track record• Capable and knowledgeable team

• Simple and cost-effective subscription • Easy to use, configure, and integrate• Realize faster ROI

• Standardize global warranty processes• Connected warranty experience• In-depth knowledge across industries

CHANNELS OEM SUPPLIERS

WARRANTYCONNECT

AD-HOC

STANDARDIZED

MANAGED

INTEGRATED

OPTIMIZEDPROACTIVE

QUALITY-F

OCUSED

TRANSACTION-F

OCUSED

REACTIVE

INDUSTRY EXPERTISE

HEAVYEQUIPMENT

CONNECTED HOME

PARTSSUPPLIERS

TRANSPORTATIONMATERIALHANDLING

MEDICALEQUIPMENT

COMMERCIALEQUIPMENT HVACAUTOMOTIVE CONSUMER

ELECTRONICSAPPLIANCES

OUTDOORPOWER

INDUSTRIALEQUIPMENTHIGH-TECH

WARRANTY MATURITY MODEL

Mize is your reliable solution partner to achieve your warranty objectives rapidly and cost effectively!

Page 8: PTIMIZE · • Manage all warranty policies, workflows, and business rules to automate processes • Increase registration and plan attach rates to maximize customer lifetime value

Mize enables companies to optimize key post-sale customer interaction events such as product registration, warranty, service plans, parts, support, service, and maintenance to enhance customer satisfaction, retention and loyalty.

The Mize Connected Customer Experience platform and Smart Blox elevates the customer experience,

builds more knowledge about the customers and products and increases revenue from the existing

customer install base. Mize enables you to harness web, mobile, cloud, IoT and analytics technologies

to Maximize Customer Lifetime Value.

MAXIMIZE CUSTOMER LIFETIME VALUE

[email protected]

8610 Hidden River Parkway, Suite 200Tampa, FL 33637, USA

REQUEST A DEMO NOW!

Learn how you can Optimize Warranty Management and Maximize Service Contract Sales.

813-971-2666 • www.m-ize.com • [email protected]

http

s://

goo.

gl/L

3EPI

6

Assemble and configure by role todeliver a unique customer experience

CONNECTED CUSTOMER EXPERIENCE PLATFORM

VOC

WARRANTY

COMMUNITY

SUPPORT

LOCATORPLANS

REGISTRATION

TRADE-INORDERS

INSPECTION

COMMERCE

SERVICE

PARTS IoT

KNOWLEDGE

RETURNS

PRODUCTS

SUBSCRIPTION CUSTOMERPORTAL