Big Benefit 2: Workforce compliance automation cuts costs & saves money.
The dream of a paperless oﬃce has remained a dream for most customer-facing processes within auto dealerships. The volumes of paperwork involved in purchasing or leasing a car is nearly equal to getting a home mortgage.
On the bright side, there is one area that can easily go paperless: your internal compliance processes – where workforce compliance automation is the key. The best part is that you can see signiﬁcant cost savings quickly.
The Tricolor Auto Group of Dallas-Ft. Worth saved $1,500 the ﬁrst day by eliminating the costs of ﬁle supplies alone. They also cut decreased the time managers spent on auto dealer compliance activities by 50%, saving $45,000 a year.
The Ricart Auto Group, with more than 500 employees, was spending $8 per processed form, and $12 per training course per employee in paper and manager time. By automating their car dealership compliance initiatives they reduced those costs to just $1 per employee, saving more than $90,000 the ﬁrst year. Savings through automation add up quickly.
“Before automating our compliance processes, all new employee materials were stored, tracked and delivered on paper. All employee activities, even a request for vacation time, were done manually. The writing and paperwork required four to ﬁve hours of time each month per manager. In the end, automation reduced the cost per compliance activity by 81% for a total savings of $208,000 per year.”
Christine Russell, Controller, LaFontaine Auto Group
Cool, calm and compliant behind the wheel using workforce compliance automation
Automating your workforce compliance program means putting into action reliable, repeatable management and monitoring of your compliance initiatives. This ensures the right people get the right content at the right time. By automating these outdated ways of working you get peace of mind knowing your compliance program is rock-solid, defensible and promotes a healthy company culture. Compli’s easy to use compliance automation platform – coupled with the relevant content (like policies, training, forms & assessments) makes compliance easier for your workforce – mitigating business risk while saving you time and money. Spend more time on cars and less on compliance.
Articles in this series:
Compliance Automation for Your Dealership: 5 Big Benefits
Streamlined? Efficient? Are these in your Dealership’s vocabulary?
Quit pushing papers and sell more cars! Savings will add up quickly.
Are you asking for trouble? Poor dealership compliance rates can hurt.
How to keep disciplinary procedures from becoming thorny claims
How to keep your head above water AND your dealership compliant.