Why Is Dealership Compliance So Complex?
Ask anyone who does it for a living: In 2017, compliance is a complicated job. Add compliance tasks to an infamously thorny business— selling cars —and you’re looking at something that resembles a Rube Goldberg machine in terms of complex, interlocking parts.
…Except instead of a mistakes causing a domino to fall over or a balloon to pop too early, any error in the process could lead to penalties, reputational damage, and loss of operating capital.
“If it’s not the single most regulated business activity in the country, I don’t know what would be,” says Tom Hudson, Chairman of Hudson Cook. “It is amazing how much dealers have to pay attention not only to the kinds of laws that we have, but also things like environmental laws and employment laws—and all the rest of it.”
In our latest video, Tom and Compli CEO Rob Warmack talk about the onerous demands on auto dealers, what causes F&I personnel to act out of step with organizational policies, and what it takes to foster a culture of compliance—which Rob says is “more of a heartbeat than it is something written on a wall.”
We’re here to help you get automotive compliance right. Learn how our workforce compliance automation platform, Compligo, is designed to make a complicated job as simple as can be.
