Loss control teams face monumental challenges with fragmented data, which impacts decision-making. Navarik Inspection digitally transforms this fragmented data landscape with a centralized platform serving a single source of truth, empowering quick access to accurate data, resolving issues confidently, and maintaining control over every nomination.
Disclaimer: The screenshots displayed are from our test environment and feature fictional data for demonstration purposes only. No client data or real information has been used or shared.
Information Overload
Loss control teams are multi-taskers by trade, often bombarded by communications and handling high volumes of data at the same time. Environments like these constantly test the limits of our attention span, leading to scattered minds and overlooked details. As a result, time and effort are spent recalibrating focus and regaining clarity.
Navarik Inspection eases cognitive burden by introducing a single source of truth. Gain centralized, end-to-end visibility on nomination statuses, quality & quantity worksheet submissions, time log uploads, and invoicing data all in one place. By minimizing the need to switch between scattered data and communications, your teams save valuable brainpower for informed, strategic decision-making.
Flagging Out-of-Range Results
While quality and quantity results are often manually reviewed for loss-gain variations or off-spec cargo, catching out-of-tolerance results in this manner can be resource-intensive, time-consuming, and overwhelming, especially across multiple nominations a day.
Navarik Inspection consolidates all quality and quantity results, ensuring that robust business rules, tolerances, and thresholds can be consistently and wholly applied to submitted results for proactive flagging and monitoring in-platform. Flags are raised immediately after results are submitted to provide loss control specialists with optimal timeframes to kick plan B into action. Here’s how:
- Off-Spec Results Flagging | Quality test results exceeding thresholds will be flagged for an appropriate course of action, whether this is retesting, or deeper investigation.
- Loss-Gain Thresholds | Percentage differences are calculated and triggered for up to 13 distinct thresholds for quantity (Load/Discharge TCV Difference, FW Difference, Theoretical Shore Difference... etc).
- Invoice Reconciliation | Flags differences between estimated and actual invoice costs.
Powerful Auditing and Reporting
Looking back is part of gaining wisdom for the future. When historical data is scattered and poorly maintained, the time invested in gathering, cleaning, and managing it can significantly delay the extraction of valuable insights.
A transparent, integrated, and accessible source of truth over time aids loss control teams in retrieving historical data for exploratory purposes or benchmarking KPIs. Navarik Inspection transparently keeps track of key events via timestamps as a powerful auditing tool. Additionally, the ability to generate reports from a single data hub yields a strong foundation to guide your decisions and shape your stories.
Get in Touch with Us
The industry doesn't sleep - but that doesn't have to be the same for you. Our quest to digitally transform the energy sector stems from the demand for consistent, trustworthy data and the stories of users frustrated by fragmented information. With single-source data on a unified platform, Navarik Inspection returns valuable time and confidence to loss control teams.
Empower your teams with Navarik Inspection.
To see a demo, schedule a call with us.
