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PRESS RELEASE
FOR IMMEDIATE RELEASE
Compli Achieves Industry-First Milestone — Over 2.1 Million Dealership Compliance Content Items Processed by their DCMS
Compli announces that their dealership clients have surpassed 2,100,000 processed policies, trainings and assessments on the Compli Dealership Compliance Management System (DCMS)
Thursday, January 17, 2008
Compli, the leading provider of on-demand dealership compliance management software for U.S. auto dealers, today announced that their dealership clients have surpassed 2,100,000 processed policies, trainings and assessments on the Compli Dealership Compliance Management System (DCMS).
"We are pleased to arrive at this milestone, which is a remarkable 100 percent annual increase for the number of content items processed, tracked and stored on the Compli system," said Ken Thrasher, chairman and CEO of Compli. "The growth reflects the ease of use, the new and interesting ways dealers utilize the DCMS, and the new-found efficiency and convenience from automating the management of their regulatory compliance effort. Additionally, Compli clients have saved well in excess of $40,000,000, if a recent Price Waterhouse Cooper estimate is accurate, whereby each document costs $20 to process, manage and store."
With nearly 500 dealerships, over 37,000 automotive users, 70 percent growth in 2007, as well as, over 250 attendees for their Jan. 17, 2008, "Red Flags" webinar, (in partnership with Hudson Cook LLC), Compli has proven their DCMS eases dealership compliance and allows dealers to enjoy substantial cost savings and streamlined operational benefits.
Compli's DCMS reduces the growing regulatory and OEM franchise requirements burden on dealership operations. The DCMS is an automated compliance solution that incorporates automotive legal content from Subject Matter Experts like Hudson Cook LLC, Fisher & Phillips LLC and Auto Advisory Services, combined with automated best practices to create turn-key "good faith" compliance programs for automotive dealerships. Compli's DCMS prevents claims and lowers overhead. It also helps automate OEM CSI programs like Toyota Signature, Chrysler 5 Star, CPO/CUV and other OEM related requirements.
About Compli
Compli, the leading provider of on-demand compliance management software for the U.S. automotive dealerships, is headquartered in Portland, Ore., with regional offices in California, Oregon, Texas, Massachusetts, Ohio and Florida.
Dealerships interested in their level of regulatory compliance may receive a free, online Dealership Compliance Assessment (DCA) at www.compli.com/mo.
For more information on the Compli DCMS or to arrange a product demonstration, visit www.compli.com or call 1-866-294-5545 toll free.
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