Guarding Against Warranty Fraud: Strategies for OEMs in 2023

Multiple tools can be utilized and incorporated by OEMs to improve their tactics for reducing warranty fraud in 2023, including advanced warranty management software. A combination of technology, streamlined operations, legislative safeguarding, and maintaining a commitment to transparency and accountability can also be promoters of this goal. Maintaining the integrity of warranty programs saves money as well as improves the OEMs' credibility in the eyes of their customer. Staying one step ahead of emerging fraud strategies will continue to be a challenge and a constant issue as we progress further but OEMs can leap forward with due diligence and ingenuity of their solutions.