Optimize Costs and Find New Sources of Revenue

Leverage AI and Machine Learning algorithms and models to not only optimize current cost structure but also create new segments to generate  new sources of revenue

BUSINESS CHALLENGE

Changing and stringent local and global regulatory requirements require a comprehensive and an end-to-end system that enables seamless operations and offers compliance 

SOLUTION

Disjointed systems and data silos increase the cost of compliance and expand manual work-arounds, thereby increasing the risk of long backlogs and missed opportunities.  Paskon's Pi Platform enabled solutions provides end-to-end traceability of requirements and quality of product, processes and data.   Pi Insights enables complete and timely diagnosis of root causes and Paskon's report templates enable a faster assessment of risk and generation of compliance reports.

BUSINESS CHALLENGE

There is an increased market and stakeholder pressure to increase revenue, expand into new markets and differentiate your products services

SOLUTION

Leverage Paskon’s flexible, mobile, real time and extremely user-friendly technology and expertise to increase your revenue, expand into new markets, differentiate your product and service offerings and delight your customers with personalized user experience.

BUSINESS CHALLENGE

Supplier cost recovery

SOLUTION

Progressively, OEMs end up shouldering more than 80% of the warranty cost burden, despite negotiating better terms with their suppliers.  With Paskon's integrated supplier recovery module, OEMs can seamlessly integrate the business terms, polices and rules and workflows to enable better communication of terms agreed upon throughout the supply chain and enable a faster and an accurate supplier cost recover thereby reducing warranty loss leakage.


BUSINESS CHALLENGE

Lack of insights to optimize pricing and promotions

SOLUTION

With Pi Insights’ AI and deep learning models, you can evaluate profitable pricing and promotion strategies for products and services and achieve higher conversion rates, longer contract terms, more revenues and profits and increased customer perception of quality, service and brand reputation.

BUSINESS CHALLENGE

Increasing revenues by utilizing new revenue generation channels such as warranty marketing and extended service management

SOLUTION
  • Lower customer acquisition costs by increased conversions

  • Increased revenues by increased customer retention, renewals, up-selling and cross-selling

  • Increased program profits by customizing product and service offerings and pricing