Press Releases

January 19, 2009

Partnership with Compli will Deliver Complete Compliance Solutions for Dealers

First Advantage CREDCO, the leading provider of automotive specialty credit reporting solutions, announced today that it has formed a strategic alliance with Compli to deliver a complete compliance tool set for automotive dealers and their mutual customers. First Advantage CREDCO will leverage its best-in-class consumer data with Compli’s industry-leading, on-demand compliance management software solutions. Participating U.S. automotive dealers will benefit from a robust compliance solution that will help them meet local, state and federal regulatory requirements, including the Red Flags Rule that went into effect Jan. 1, 2008.

The partnership, effective Jan. 1 of this year, means that automotive dealers can now conveniently access, store, manage and monitor reliable consumer data along with regulatory requirements, and take timely action on compliance deliverables.

“We’re excited to join First Advantage CREDCO to deliver an efficient, comprehensive compliance solution for our mutual dealer customers,” said Lon Leneve, president of Compli. “Pairing up First Advantage CREDCO’s industry-leading consumer data with our compliance management platform will greatly simplify dealers’ overall processes and ease their compliance concerns.”

“Mounting compliance requirements can distract dealerships from their overall sales directive,” said Kevin Clements, senior vice president of corporate development for First Advantage CREDCO. “Partnering with Compli enables us to jointly provide a convenient and reliable means to access consumer data and maintain regulatory compliance so dealers can stay focused in this increasingly competitive market.”

The partnership is expected to expand to include the integration of additional value-added data and technology to simplify the overall compliance process. Dealers can look forward to relying more on one convenient source to help them stay on track with ongoing regulatory and compliance requirements.

For more information on the Compli Dealer Credit Management System (DCMS) visit www.compli.com, e-mail info@compli.com or call 503.294.2020, ext. 116.

About Compli
Compli is headquartered in Portland, Ore., with regional offices covering Midwest, Northeast, Southeast, South and Western territories. With over 980 dealerships in 40 states and serving nearly 46,000 dealership employees, Compli is the leading provider of on-demand compliance management software for the U.S. automotive retail industry. The Compli Dealership Compliance Management System (DCMS) allows you to control, track and automate regulatory compliance operations within and across dealerships. Compli's DCMS provides an organized method for efficiently implementing policies, educating your employees, tracking results and demonstrating compliance.

Dealerships interested in assessing their level of regulatory compliance, including "Red Flags," may receive a free, online Dealership Compliance Assessment (DCA) at www.compli.com/rf.

View All Press Releases