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Sarbox Not the Only Compliance Challenge

Sarbox Not the Only Compliance Challenge

by Rick Turoczy on February 3, 2005

Many firms can reap long-term gains by re-designing and streamlining business processes at the same time as rolling out compliance programs, says AMR Research analyst John Hagerty. He recommends using enterprise performance management applications and techniques, and establishing a primary focus on Enterprise software makers and the companies they serve have done much gnashing of teeth in the last year over meeting the requirements of the Sarbanes-Oxley Act (Sarbox). But Sarbox is only one of many regulatory challenges that organizations are struggling to meet, AMR Research’s John Hagerty stresses.

In 2005, U.S. enterprises intend to spend US$15.5 billion on compliance efforts, according to AMR. Only about 40 percent of that total, though, will go toward meeting Sarbox requirements.

Sarbox Not the Only Compliance Challenge

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