CRYSTAL LAKE, IL – Automotive Compliance Consultants, the only dealership-exclusive compliance experts in the auto industry, said its business was up 12% for 2011, with 50 new dealership clients added in just the last six months of the year.
Terry Dortch, president, credited this rate of growth to auto retailers’ increasing awareness of how compliance studies, audits and training can help them be business operators who better protect their customers, employees and bottom line.
“Increasingly, dealer principals are recognizing that compliance services are a proactive business investment,” Dortch says. “Certainly compliance audits should be more than triage for unexpected OSHA, EEOC or Truth-in-Lending audits or legal actions.
“In fact,” he adds, “auto dealers are retaining us in increasing numbers to provide professional monitoring of key compliance aspects of their businesses, including network security, financial integrity and workplace safety, even extending to human resources issues and warranty compliance.”
Dealers can expect that many of these issues will come under increasing regulatory agency and factory scrutiny in 2012. “Dealers who want to know their vulnerabilities and then have the confidence that they’re properly protected are taking these important compliance review actions now rather than later,” Dortch says.
As part of Automotive Compliance Consultant’s total market approach, it recently added warranty audits to its portfolio of services, and from its Compliance Solved web dashboard credit bureau, all-three credit reports downloads. This new bureau service offers credit reports from Experian, TransUnion and Equifax – at no dealer mark-up charges, plus it makes available all credit-related documents, including the new FTC Model Privacy Notice, Risk-Based Pricing and Adverse Action notices at no cost. Most other credit report providers charge for these ancillary but critically important documents.
Automotive Compliance Consultants specializes in dealership compliance, providing in-dealership consultations and analysis, compliance audits, and training, and offers solutions for all compliance needs. The Automotive Compliance Consultants’ staff has extensive experience in the retail automotive industry and focuses exclusively on dealership compliance issues. For more information, contact Terry Dortch at [email protected] or visit www.compliantnow.com.