Contract Management

Contract Portfolio Overview

The warranty management system provides a user-friendly dashboard for a comprehensive overview of warranty contracts. It includes key metrics, summaries, and a detailed contract list with information like names, dates, parties involved, and contract values. Real-time notifications and an activity log ensure timely updates and a comprehensive history of warranty contract activities.

The system offers customizable data display and filtering options. Users can personalize their views and focus on specific criteria such as warranty contract type, status, or date range. Collaboration features enable effective team communication. Additionally, the system provides export and reporting capabilities, facilitating data extraction and generating reports for analysis, sharing with stakeholders, and compliance purposes.

These features streamline warranty contract management, promoting efficiency, organization, and informed decision-making.

Contract: Customer

The customer section in the system displays crucial data, such as the customer's name, ID, contact information, and address, facilitating effective identification and communication. For more comprehensive details and preferences, users can access the customer's off-chain profile or associated records.

Contract: Product

The product section offers in-depth information about a specific item that is covered by Covest Warranty. Users can access comprehensive details, including the brand, model, serial number, and other relevant specifications of the product.

Contract: Coverage

To access comprehensive coverage details and essential information regarding the coverage:

This section provides comprehensive information about the coverage package. Users can find details such as the package name, duration of coverage, start date, and end date. This information helps users understand the specific coverage period and its corresponding terms and conditions.

This section allows users to add and associate multiple documents to a contract. Users can upload and attach various files, such as PDFs, Word documents, or images, to the contract record. Each uploaded document will undergo hashing to generate a unique checksum hash for verification purposes.

DLT Management

To enhance the safety, transparency, and verifiability of information, the DLT management system incorporates blockchain technology. This ensures that the data imported into the Contract Management System (CMS) is securely stored on a decentralized and tamper-resistant ledger.

As part of this process, a checksum hash is generated for various types of data, including customer information, product data, coverage data, and related link document files. This checksum hash serves as a verification mechanism, allowing authorized users to validate the accuracy and integrity of the off-chain information. By comparing the calculated checksum with the on-chain value, users can verify that the off-chain data remains unaltered, providing an additional layer of security and trust.

By utilizing blockchain technology, the CMS ensures that the stored data is resilient against tampering and unauthorized modifications. This decentralized approach grants authorized users access to a transparent and immutable record of information, enhancing data integrity and reinforcing the trustworthiness of the system.

Last updated