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Automotive Compliance Education gvo3 & Associates

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Presentation on theme: "Automotive Compliance Education gvo3 & Associates"— Presentation transcript:

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2 Automotive Compliance Education gvo3 & Associates
Gil Van Over III, U.B.A. Building a Compliant eDealership

3 Traditionalist v. Modernist

4 Traditionalist v. Modernist

5 Pulp or Electrons Still Have To Be Compliant

6 Traditionalist Benefits & Risks
Everyone is trained Controls established Easier for absentee owner Industry may pass by Perpetuate the perception Millennials abhor paper Safeguarding paper files Data difficult to access Limit geographic footprint

7 Modernist Benefits and Risks
Catching the wave now Meet consumer demands Process efficiency Improved safeguards Flip the perception Easier access to data Expand footprint Bleeding Edge Retrain entire staff Converting old timers Establish new controls Backup retention Data breaches

8 “If two can be one, who is the one two becomes?” Daryl Hall
A thing made by combining two different elements; a mixture.

9 The Kodak Story

10 The Paper Trail Desking Menu A/D Buyer’s/Lease Order RISC/Lease
Enrollment Forms

11 Credit Score Disclosure Notice Red Flags Verification
The Paper Trail Credit Score Disclosure Notice Used Car Buyer’s Guide Privacy Notice Adverse Action Notice Red Flags Verification OFAC

12 Online Credit Application


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