Mosaic Compliance Services has launched AuditF&I, a new continuous-monitoring solution for U.S. auto, RV, motorcycle, power sports and marine dealerships.

The announcement follows the merger of Mosaic with the gvo3 & Associates auditing services provider. In addition to giving users the ability to conduct uniform audits in-house, the software was designed to spot and monitor trends in real time, giving dealers and their advisers new insights and meaningful documentation, according to attorney and Mosaic CEO James S. Ganther.

“If I’m arming myself against enforcement actions and legal claims, I’m choosing actionable intelligence over historical data every time,” Ganther said. “Properly leveraged, early detection equals early correction.”

Unique to AuditF&I is the presence of a “human in the loop,” executives said, noting the software component is backed by regular human interaction with Mosaic personnel to check for problems artificial intellligence cannot yet reliably detect.

AuditF&I was designed to help dealers satisfy the auditing component of their federally mandated compliance management system. The government puts the onus of identifying and resolving compliance issues on financial institutions, which flow the requirement down to dealership management and staff, noted gvo3 founder and auditing expert Gil Van Over III.

“AuditF&I will not replace your comprehensive annual audit. To the contrary, we want your third-party auditors to have access to the rich data AuditF&I generates,” Van Over said. “Our objective is to continue working between audits, identifying minor issues before they can become major problems.”

AuditF&I is now available to current and future Mosaic clients.