COMPLIANCE IS KEY
Dealerships are operating in an increasingly complex regulatory environment. Each new federal or state mandate impacting franchised dealers imparts an obligation to comply. A missed step or a wrong one can be costly. The Dealership Compliance Officer ensures that the dealership has the policies, procedures, training and monitoring to fully comply.
THE ADCO COMPLIANCE SOLUTION
Each new evolutionary mandate impacting franchised dealers imparts an obligation on the part of the dealer principle to comply. It also establishes a corresponding obligation on those employed by the dealer to implement the policies and conduct the oversight to satisfy the requisites mandated by that obligation.
Identify skill sets required to implement and manage a successful compliance program
Compliance Officer job description and guidelines
How to implement, administer and manage the seven components of a formal compliance program as outlined by the federal guidelines
An organizational schematic and guidance to develop performance based policies and procedures for integrating mandated regulations into the dealer’s existing operation, to include:
- Identification of impacted employees and compliance expectations
- Policies and procedures that address regulations specific to the dealership’s business units
Best practices to create a compliance reporting program, monitor and audit abidance standards, and adherence
Guidance to prepare for a government audit, incidence investigation and resolution administration
Provide a roster of the federal regulations, across all dealership departments, that are impacted by compliance regulation and auditing guidelines – from HR to Sales to Service
Resources, including industry subject matter experts, to assist with training and related support services
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