ROI / Benefits

According to industry statistics, unqualified and fraudulent returns cost manufacturers and retailers millions of dollars every year. SIRAS Electronic Registration is a powerful tool. It substantially reduces the total number of unqualified product returns, which increases net margin. SIRAS also boosts overall efficiency in the way legitimate returns are processed. In addition, Electronic Registration complements a company’s existing reverse logistics practices and quickly produces results.

Benefits

- Stops fraudulent and unwarranted returns

- Simplifies returns reconciliation

- Reduces costs associated with returns processing

- Offers retailers a systemized and uniform method of administering store returns chain-wide

- Prevents cross-retailer returns

- Avoids free trade-ups to newer technologies

- Requires minimal training of store associates

- Improves customer satisfaction by providing factual purchase data and information on the product’s eligibility for return and/or warranty services

- Validates warranty entitlement