LAKE SUCCESS, NY - DealerTrack, Inc., a provider of on-demand software and data solutions for the U.S. automotive retail industry, announced a number of enhancements to its compliance solution. Using the solution, dealers can more easily comply with legal and regulatory requirements and monitor their businesses' activities.
The enhancements include a new Compliance Dashboard, which provides an overview of compliance-related activity across a store's current deals on a single screen, as well as new functionality and design features that streamline navigation and increase the system's effectiveness in encouraging full compliance on every deal. All of the new functionality is now available automatically to all DealerTrack Compliance subscribers at no additional cost.
The Compliance Dashboard provides a compact, single-screen view to help dealers identify users, documents and deals that are out of compliance. Highlights of the Dashboard include:
Compliance Score - Provides an easy-to-understand benchmark of deals in a selected time period to give dealers a sense of their overall compliance level.
Compliance Score Trends - Compares the trend in a dealer's compliance scores against average compliance scores for dealers nationwide that use the DealerTrack Compliance solution.
Additional Enhancements - The DealerTrack Compliance solution upgrade also includes a number of new features that enhance navigation and functionality; messages that highlight problems with incomplete deals more effectively; greater integration with the F&I process to notify users when there is a problem near the finalization of a deal; and enhanced reporting with drill-down capabilities to give quicker insight into problem areas.
"With these new upgrades, we truly believe that the industry's best compliance solution has just gotten even better," said Raj Sundaram, senior vice president, solutions and services group at DealerTrack. "We listened to feedback from our customers and have implemented a number of improvements that not only make our solution easier to use, but help dealers to more effectively monitor and increase compliance levels in their stores. Our new Compliance Dashboard provides a unique bird's-eye view and streamlines the process through improved navigation and one-click access to all compliance activity."
The DealerTrack Compliance solution is a critical component of the DealerTrack Performance Suite. It is the industry's most comprehensive compliance offering, encompassing credit transactions and identity verification, menu selling, tracking and reporting, and electronic document management. It helps protect a dealer's business by providing a framework that strongly encourages and simplifies adherence to all applicable laws and regulations at both the federal and state levels.
