According to AMR Research, companies will spend approximately $5.8 billion on Sarbanes-Oxley compliance in 2005 alone. "Financial compliance is one of the most vexing issues for public companies today, and one that consumes a great deal of time and energy of senior finance and technology professionals," Mr. Jones said. "To the extent we can help our customers understand compliance more completely, and address their compliance-related challenges more effectively, we are performing a valuable service and contributing to our customers' success in ways that transcend the software products we sell."
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