Free Webinar Promises World-Class Compliance on a Budget

If you think developing a compliance management system is too costly — try getting sued.

A growing trend in CFPB compliance for small- and medium-sized collection agencies and debt buyers is to retain a third party with the experience, skills and infrastructure to help them develop, support and drive their in house compliance management system. You’ve heard the expression, “it takes a village…” — this could not be more apropos when discussing the collection industry.

DATE: 18 September 2014

TIME: 2.00 p.m. EASTERN

COST: FREE!

REGISTER: Here

Adding FTEs to drive your compliance program, managing complaints, overseeing service providers, writing policies and procedures, managing litigation, and developing role-based compliance training can be a daunting set of tasks. They can be a significant set of expenses for even a Larger Market Participant. Fortunately, a new model is emerging, and it comes straight from the CFPB examination manual.

By retaining a third party compliance services provider, agencies and debt buyers can maximize the dollars and time required to build a world class compliance management system on a limited budget. It’s the new-age model for compliance, and makes it possible for agency owners and governing boards to advance their compliance program exponentially while reducing their overall compliance costs.

This seminar is a must for organizations with fewer than 175 employees and will be informative for companies of all sizes.

Join Ontario Systems’ Chief Compliance Officer, Rozanne Andersen as she leads a panel discussion about the reasons why so many agencies are hiring third parties to support their compliance management system and their need to reduce compliance risks and costs.