COMPLIANCE MANAGEMENT SYSTEM
ComplyNet combines its on-site inspections and audits with its online employee trainings and policies to create the most comprehensive workforce compliance management system in the automotive industry. ComplyNet’s workforce compliance management system, or CMS, is a solution that addresses onsite and online compliance efforts in their entirety and puts everything under one umbrella. Our platform also incorporates eTask Issue Tracking and our unique Monthly Self-Inspections.
Our online eTask Issue Tracking system allows every issue to be tracked until they are resolved. No more, “oh I forgot about that.” We schedule reminders for issues until they resolve! Managers assigned to complete eTasks are reminded via email, and users can also login to the compliance management system to complete tasks within the platform. Monthly Self-Inspections bring the department managers into the solution and helps solidify a compliance culture.
As the needs of our dealers transform due to ever changing regulation and insurance best practice we will continue to update and rethink what a CMS should be.
A Buick dealership in suburban Chicago was having four to six eye injuries per year. The dealership thought that these injuries were normal. Though the insurance claims amounted to only a few hundred dollars each, the management came to realize that every time an eye injury occurred, work stopped for the injured party and for the person who drove the injured employee to the hospital. We helped the dealership develop programs and policies that eliminated these injuries, the claims, and the downtime.
The Payoff – Return on Investment
Having a comprehensive compliance and risk mitigation program improves your bottom line. Though results vary, we regularly see businesses experience a minimum of a $5 benefit for every $1 spent on compliance and risk management services in insurance premiums alone.
Without outside help from experts, your most expensive personnel (your managers) will struggle with researching, evaluating, and administering a compliance program. After all, these compliance efforts typically work against your managers’ pay-plans, so it is no surprise when an internal program is not the highest priority to your managers.
To highlight this scenario, a workers compensation insurer decided to hire ComplyNet to service dealerships that were experiencing the highest losses in a particular state. These dealerships all claimed they had internal compliance programs. Unsurprisingly, a review occurred 3 years later and it established that these same dealers were now experiencing some of the lowest losses of all dealers in that state.
The dealer wins.
The insurer wins.
The employees win.