Compli Receives 2014 GRC Value Award for Policy and Training Management

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Recognized for ROI That Customer Tricolor Auto Group Achieves Using Complí Workforce Compliance Management Software

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“Complí has demonstrated proven business value in Policy and Training Management with its program for Tricolor Auto Group."

Complí®, a leading provider of workforce compliance management software, today announced that it has been honored with a 2014 GRC Value Award in the category of Policy & Training Management by GRC analyst firm GRC 20/20. The 2nd annual GRC Value Awards recognize real-world implementations for Governance, Risk Management and Compliance programs and processes that have returned significant and measurable value to an organization. Complí is recognized for proven and measurable value that Complí client, Tricolor Auto Group, has achieved from its use of Complí’s compliance management system.

Since adopting the Complí solution, Tricolor Auto Group has reduced time spent on managing compliance by 50 percent, saves $45,000 per year in management expense since implementation, and eliminated $1,500 in office supply costs in the first year. Transitioning from a paper-based compliance program to an automated, online compliance system, Complí’s solution enables Tricolor Auto Group to streamline policy management as the company faces more complex employee onboarding requirements and encounters new compliance regulations.

“As Tricolor expands into new markets across the Southwest, Complí is saving us significant time and money by enabling my team to more easily manage our compliance training programs across a dispersed and bilingual workforce,” said Felicia Taylor, director of HR at Tricolor Auto Group. “And, we now have greater confidence knowing that we are compliant and keeping pace with the growing number of regulations affecting auto dealers today.”

“Complí has demonstrated proven business value in Policy and Training Management with its program for Tricolor Auto Group,” said Michael Rasmussen, Chief GRC Pundit for GRC 20/20 and internationally recognized expert. “Using Complí, Tricolor has cut thousands of dollars from operating costs and achieved greater efficiency, effectiveness, and agility in GRC processes. Most importantly, Complí Tricolor is positioned to effectively manage the documentation, policies, and training needs for current and new employees as the company expands.”

Complí provides easy-to-use and affordable compliance management systems that are delivered as software-as-a-service (SaaS), and helps organizations manage the many workforce compliance obligations they face today. The web-based platform streamlines compliance management by automating, tracking and reporting on all workforce compliance activities across Compliance, Human Resources, Operations and Information Technology.

“The value that Tricolor Auto Group has obtained from using Complí is a great example of the significant and long-lasting benefits that a systematic, centrally managed compliance program delivers – and is proof that workforce compliance management is no longer a core-competency reserved only for publically traded companies. Expanded regulatory and social pressures make compliance essential to organizations that have workforces that are rapidly growing or shrinking, geographically dispersed, or who desire to improve their approach to compliance and governance,” said Rob Warmack, vice president of Complí. “We are honored to be recognized by GRC 20/20’s Value Awards and applaud the success that Tricolor Auto Group has been able to achieve with Complí.”

Read more about the value that Tricolor Auto Group is realizing by using Complí at the company blog at: http://www.compli.com/dollars-sense-measuring-value-compliance-management-system/

Award recipients have been acknowledged in the GRC 20/20 blog at: http://www.grc2020.com/index.php/grc-pundit-blog/

About Complí
Complí was founded in 2000 with a simple but ambitious goal: make workforce compliance management and reporting easy, efficient and worry-free. With over 13 years of experience in the compliance field, Complí delivers solutions across highly regulated industries including energy and utilities, automotive, healthcare, financial services, and more, enabling organizations to rest easy knowing all their compliance activities are efficiently managed in one integrated, easy-to-use system. Complí embraces cutting edge technology that streamlines and automates compliance and business process management in ways never before possible.

About GRC 20/20
GRC 20/20 is the authority in understanding how organizations implement GRC practices that are effective, efficient and agile. Through independent research and industry interaction, GRC 20/20 advises the entire ecosystem of GRC roles within organizations, technology and knowledge solution providers, and professional service firms. Organizations engage GRC 20/20 when they need insight, guidance and advice in dealing with a dizzying array of disruptive issues, challenges, processes, information and technologies while trying to maintain control of a distributed and dynamic business environment. Visit GRC 20/20 at http://www.grc2020.com/ and follow on Twitter at @GRCPundit.

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HEATHER RACICOT
@compli
since: 02/2009
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