Companies Will Spend $80Billion on Compliance over 5 Years

AMR Research predicts the cost of compliance over the next five years will reach the $80 billion mark. In the near term, the analysts estimate that organizations will spend close to $15.5 billion on compliance-related activities in 2005. Though an average company will spend approximately $500,000, leading businesses are using these mandates as an opportunity to identify and transform business areas that need improvement. Most are centralizing initiatives under an executive-level compliance officer.

See full Article and AMR Research Press Release.