Most organizations will increase IT spending to comply with Sarbanes-Oxley
Aberdeen found that, of the one-third considering upgrading IT operations to comply with Sarbanes-Oxley, more than 40% are considering beefing up their contract-management and supply-chain analytics functions. About 35% are looking at upgrading spending analysis and invoice reconciliation and payment. Other upgrades prompted by Sarbanes-Oxley: supplier performance measurement, employee expense reimbursement automation, inventory management, E-sourcing, and E-procurement. A few respondents, representing about 10% of those polled in the survey, say Sarbanes-Oxley had no impact whatsoever on their supply-chain organizations.