WarrCloud announced in January it joined the Missouri Automobile Dealers Association (MADA) and St. Louis Auto Dealers Association (SLADA).
“The warranty claims process for dealers requires a mountain of paperwork and is subject to human error in many steps of the process,” said Jim Roche, founder and CEO of WarrCloud. “We’re proud to partner with MADA and St. Louis Auto Dealers Association to bring this technology to more dealers.”
OEM warranty processing is an increasingly important part of an automotive dealer’s overall fixed operations business, but today’s manual processing method can deplete up to 15% of the gross profit associated with warranty revenue due to the timing consuming process and human error. WarrCloud increases warranty revenue by identifying all line items a dealer is entitled to, reducing processing expenses and speeding up the time it takes to get paid.
“With warranty claims and repair costs on the rise, dealers need the best software to help them navigate the process and keep more profit in their dealership,” said Doug Smith, managing partner MADA. “WarrCloud takes advantage of technology to reduce error and speed up processing time, ensuring dealers not only keep more profit but they get paid faster too. We’re proud to partner with WarrCloud to offer our dealer partners access to this technology.”