SOX spending smartening up

Spending on regulatory compliance in year two and beyondis looking huge...

AMR Research: Between 2005 and 2009, companies will spend more than $80B on compliance-related work.

But some of itis wasteful...

Gartner^{(reg. req.):} Many organizations are spending more than they need to on IT-related compliance work, because they haven't clearly defined the scope of what's necessary and sufficient for disclosure.

Socompaniesare getting smarter about it...

META Group^{(reg. req.):} Companies will spend 50%-75% of their 2004 Sarbanes-Oxley Act (SOX) budget in 2005 to optimize compliance approaches.

The blog "The Enterprise System Spectator," has an interesting post today about the current software to manpower ratio for SOX compliance...