Insurance & Claims Management

Ripples-FMS has a comprehensive freight insurance & claims module as part of logistics ERP solution.  Accidents, thefts,vehicle damages, pilferages etc. can be tracked and recorded easily. 

Challenges Faced

The biggest nightmare for any logistics company is when their trucks gets involved in an accident or one of their transit parcels get stolen or damaged. Most logistics companies these days have a freight insurance partner for managing their claims and settlements. It is also important to have an internal comprehensive insurance & claims module as part of their logistics ERP solution. This module should handle & report all types of logistics & transportation related claims and issues reliably.  Standardized claim handling should be a norm across company branches. The transportation & cargo insurance claim recording, review, approval & processing should be done in a systematic manner. The claims module should be integrated with the financial accounts module so that the quick claims can be processed in very short time.

Ripples FMS Freight Insurance & Claims Module

Ripples-FMS logistics ERP solutions captures the issues like accidents, fines, breakdowns, thefts; damages etc and record it in the system. The thefts and tampering during transit can be tracked using our IOT sensors. Another of sensors can also be used to detect pilferages in case of transportation of fluids and environment condition of the items in transit.  Custom user dashboards, graphs and drill-down reports can assist in getting live tracking of the status of the claims to be settled

Prominent Features
  • Policy setting creation
  • Integration with third party insurance providers
  • Incident management & reporting
  • Managing related expenditure & payments
  • Claim Statement & Other Status Reports
  • Status update of day-to-day claims
  • Claim Review & Approval
  • Multi-Branch, Multi-Currency support
  • Sensors for live tracking & monitoring

freight insurance

Now manage and track all your claims in a systematic and efficient manner.  Save money by monitoring your fleet 24*7 with our IOT sensors.

Reach out to us for more details and expert opinion now!!!