Would you ever give a little child a lollipop and then take it back? Outrageous, right? This causes upset, hurt feelings, destroys trust, and creates anger. You create this same dynamic with customers when you advertise deceptively, whether it is intentional or not. In these cases, consumer protection laws often triple damages and will require you to pay for … [Read more...] about Harmful Dealership Advertising: The Lollipop 1 Model
No matter the size of your car dealership, it is in your best interest as a dealership owner to put tools in place that protect the reputation of your organization. With each new car dealership employing an estimated 70 people on average in 2019, the best place to start is within your company. Implementing a comprehensive compliance program that consists of regular audits, … [Read more...] about Importance of Whistleblower Hotline as Part of Dealership Comprehensive Compliance Program
In our daily 24/7 news cycle, perspective can be fleeting. We fail to consider the ebb and flow of events, especially anything with political overtones. Although the world of finance prefers consistency, the one thing we can count on is change. Lately, the topic of compliance has been buffeted by change. From regulation to deregulation, the various local, state, and … [Read more...] about What the Auto Finance Industry Can Learn From the Lessons of History
The term gig economy is not just one you hear millennials use; it’s a continuously growing workforce of independent contractors who value flexibility over what used to be referred to as a steady job. The term gig economy arose from the idea that musicians are paid per gig, but encompasses far more industries than just music. Studies indicate that by 2020, nearly 40% of the … [Read more...] about In Today’s Gig Economy, Are You Classifying Dealer-Trade Drivers Correctly?
Portland, OR — July 31, 2018 — Compli, the leader in automated HR and compliance program solutions, is pleased to announce the introduction of CMS University. This four-course series of free masterclass-level online seminars focuses on how to build a best-practice Compliance Management System (CMS). While the series is ideal for finance and auto finance companies, the content … [Read more...] about Compli Introduces CMS University, a Free Masterclass Series on Compliance Management Systems