SAS: Detecting Claim Fraud and Improving Product Quality Case studies in reducing warranty costs
Globally, manufacturers spend more than $70 billion to cover warranty expenses each year (Warranty Week, 2009). That’s more than 2 percent of revenue for most companies, but that is only the beginning. The impact of indirect costs, such as increased government scrutiny, tarnished brand image, reduced stock prices and lost sales, can quickly dwarf the direct costs. The billions lost by companies such as Toyota, Firestone and Ford clearly manifest this impact.
In good economic times, these
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on Financial crime
RiskTech100® Winner’s Profile: Zoloz (Ant Group)
Featuring for the first time in the RiskTech 100 a security and risk management specialist, Zoloz is an established provider in the eKYC space with identity verification solutions such as RealID and RealBID. It also offers anti-money laundering (AML)…
RiskTech100® Rising Star Profile: Vneuron
Vneuron Risk & Compliance is a ‘Rising Star’ in this year’s Chartis’ RiskTech100 awards. The fast-growing, French-headquartered firm is on a mission to fight money laundering and combat terrorism financing. It has been recognized by Chartis for the…
Hyperautomation in Anti-Financial Crime: Powering Transformation
This report explores the need for banks to invest in anti-financial crime (AFC) operations that are more effective and efficient. The industry is progressing toward 'hyperautomation', with systems attempting to replicate human decision making at scale -…
Vendor Analysis: SAS; Trade-based Anti-Money Laundering Solutions, 2022
This Vendor Analysis summarizes the key theses in Chartis' trade-based money laundering quadrant report, and takes a detailed look at SAS’s quadrant positioning and scoring, and Chartis’ underlying opinion and analysis.
Chartis Big Bets 2022
Chartis’ annual Big Bets report outlines our major predictions for the year ahead, highlighting some of the key market trends, risk areas and core technologies that form the basis of our 2022 report agenda.
Enterprise Management Tech and Trends Fireside Chat with Sidhartha Dash--Part One
Enterprise fraud management is a serious topic for any organization. While it is an ever-changing sector to keep up with the latest threats and global regulatory measures, there are elements that remain constant. With that in mind, Sid Dash and TJ Horan…