RouteOne Introduces Compliance Dashboard
RouteOne LLC introduced the Compliance Dashboard, a free tool that provides dealers with a visual assessment of the dealership's compliance status for all applicable deals.
FARMINGTON HILLS — RouteOne LLC introduced the Compliance Dashboard, a free tool that provides dealers with a visual assessment of the dealership's compliance status for all applicable deals. Dealers also can track compliance at both a dealership and transactional level.
The dashboard is customizable and allows dealers to choose the compliance categories they wish to track and monitor, including Adverse Action, OFAC, identity verification and credit score disclosure notices/risk-based pricing notices. The information is then presented in a single screen shot that includes a view of all applications within a 60-day timeframe, broken down by age of application and compliance category.
Dealers also can clear out any transactions for which all compliance activities have been completed, allowing them to focus only on deals that require additional action.
"Our dealers have expressed their concern about keeping pace with federal regulations, which was reinforced at the NADA 2012 conference," said Mike Jurecki, RouteOne CEO. "The Compliance Dashboard will help our dealer users alleviate those concerns by providing a quick and easy means by which to assess their compliance status in mere seconds."
The dashboard is free to dealers and is available today. For more information, visit www.routeone.com.
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →