POWAY, Calif. — Compliance solutions provider First Advantage CREDCO has announced the addition of Red Flag Manager to its Red Flag Solution. Powered by compliance management software provider Compli and developed in consultation with Michael Benoit of Hudson Cook LLP, the new component was designed to help dealers automatically draft, roll out, train, monitor and report on their identity theft-prevention program.
"Many dealers may underestimate the timing and effort involved in creating, implementing and maintaining an identity theft-prevention program as required by the Red Flags Rule,” said Kevin Clements, senior vice president of corporate development for First Advantage CREDCO. "Our complete Red Flags Solution, which now includes Red Flag Manager, helps dealers get up to speed quickly, easily and conveniently, so they can stay on track with their compliance obligations."
Earlier this year, First Advantage CREDCO announced a strategic alliance with Compli to deliver a more complete Red Flag compliance solution. The introduction of Red Flag Manager adds an automated process component designed exclusively for automotive dealers with 30 or fewer employees to help them set up or finalize their unique Red Flags Program.
"We’re pleased to expand our alliance with First Advantage CREDCO to offer Red Flag Manager as part of a simplified compliance solution for dealers with 30 or fewer employees," said Lon Leneve, president of Compli. "The combination of industry-leading consumer data and compliance management expertise delivers a truly dynamic and convenient solution for easing dealer compliance concerns."