F&I and Showroom, March 2014
Industry Week Optimal results MINIMAL TIME Intensive two day onsite certification seminars now available certification exam administered the second day CALL AFIP FOR DETAILS AND PRICING 8174282434 self study period precedes seminar AFIP Certification the dealers first line of defense 24 F I and Showroom March 2014 in the midst of a soft rollout David Childers company CEO was on the expo fl oor to discuss the cloud based compliance obligation management solution with attendees Oftentimes we consider ourselves to be in the litigation preparation business Childers said We want to inspire our clients to be able to have the confi dence that they can demonstrate their compliance veracity the things that they are doing to a regulator Compli Portfolio was designed to allow dealers to house distribute track and generate reports on all of their compliance obligations The system also gives dealerships the ability to build a compliance activity profi le for each employee that can change as staffers are transferred or promoted within the organization Childers said dealers are right to worry about documentation especially since federal fi nes are not scaled to the size of a dealership The sad part about it is that while the impact is great on all organizations its even greater on small to mid size dealers he explained The fi ne structure is the same if youre AutoNation or if youre Bobs on the corner So if youre a small dealer you can get the same 250000 fi ne that the large dealer can get Compli Portfolio is intended to work for dealers of all sizes with customizable workfl ows and information that can be sorted by rooftop brand or personnel through the products dynamic dashboard reporting tool There are 47 different customizable workfl ow templates which users can populate using the tools dragand drop capabilities Dealers have a tool that they can easily tailor to address new risks Childers said noting that the company has also rebuilt its software platform over the past few years If we can provide that fl exibility then we credit score looks like and ultimately make a decision on which lending opportunity they should be pursuing Compli Compliance Management Compli introduced its Compli Portfolio at last years NADA Convention Expo but the product is currently
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