As part of its logistics management software, Ripples-FMS offers in-depth logistics insurance software for logistics and transportation companies. Supported by easy to deploy cargo, fleet monitoring and tracking technologies, the module has well-defined procedures to track and record accidents, thefts, vehicle damages, warehouse inventory, abuse, pilferages, cargo insurance, storage environment, etc.
A challenging problem for any logistics company is when their trucks get involved in an accident or one of their transit cargo gets stolen or damaged. If not monitored properly, subsequent logistics claims and insurance management becomes complicated due to paperwork and legal hurdles and results in unexpected financial losses.
In case of a damaged freight and lost or stolen cargo, logistics and trucking companies involved will most likely be held liable for the loss and have to pay huge compensation to logistic customers. Standard practices like analyzing different claim related incidents and deriving a safety plan may not be followed. Handling freight claims with manual or legacy software systems requires time and effort and most often logistics companies fail to submit claims and brought claims to resolution in a timely manner. Smooth collaboration with insurance partners with respect to real-time information and document sharing is also a big challenge for logistics firms.
Ripples-FMS logistics claims and insurance software analyzes incidents, alerts meaningful insights and ensures claims are properly filed and processed without any holdups. The system effectively tracks insurance claims status and ensures effective integration with insurance partners.
For efficient logistics claims and insurance settlement during tough times, it is imperative for logistics and fleet management companies to be well equipped with an online claims & insurance management system. The freight management insurance & claims module in the Ripples-FMS logistics software solution offers powerful features to improve the speed and efficiency of insurance & claims management. Apart from capturing claims-related incidents, the module allows authorized users to collaborate easily, in real-time, to build and process logistic insurance claims. The module initiates standardized claims handling across branches and is well connected with finance department operations.
Now manage all your logistics claims & insurance settlement procedures in a systematic and efficient manner. Save money by monitoring your fleet 24*7 with our robust solutions.
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