Compliance Risk Assessment

Using a circular approach and observed best practices, gvo3 & Associates:

  • Conducts an exhaustive analysis of the dealership’s present Sales and F&I operating processes and procedures
  • Performs an in-depth review of all dealership forms (including Reg Z, Reg B and Reg M reviews) used in the Sales and F&I processes
  • Reviews the dealership’s Safeguards program for sufficiency and conducts the initial audit as required by the FTC
  • Reviews the dealership’s Red Flag Rule program for sufficiency and conducts the initial audit as required by the FTC
  • Authors the dealership’s F&I policy and procedure manual
  • Offers training for F&I and Sales personnel, concentrating on the policy and procedure manual the dealership has implemented.
  • Discussions include F&I and Sales practices that are considered compliant in light of today’s litigious climate surrounding potentially deceptive practices
  • Delivers a roadmap enabling a dealership to improve its Sales and F&I litigation defense, including a new employee training guide
  • Offers audit training to dealership’s office staff, using a standardized checklist. We discuss the numerous issues facing dealerships
    today so they know what to look for when conducting their own reviews
  • Provides strategy implementation and a tertiary audit process of deal jackets and Safeguards program
  • Coordinates industry certification through The Institute for Ethical Behavior