Sarbox Run Amok

Think Sarbanes-Oxley has been a drain on resources? Well, you ain’t seen nothing yet.

BY ERIK SHERMAN

Pitney Bowes CEO Michael J. Critelli knew the only way to approach Sarbanes-Oxley was fast, hard and relentlessly. But even foresight and planning didn’t anticipate the need for greater business process centralization, more information technology outsourcing, and more time spent resolving the Sarbox problems of less prepared business partners. “There are things you do because of your processes, and there are things you do because someone else has a Sarbanes-Oxley issue,” Critelli says.

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