John Hagerty
John Hagerty
John Haggerty is a guitarist...
billion company comply laws million revenue spend various
A company will spend $1 million for every $1 billion generated in revenue to comply with various laws and partners.
companies compliance concerns expectation governance increased industries might moderate policies risk spending thinking tip visible wishful within
Spending on Sarbanes-Oxley is only the visible tip of the compliance iceberg. Any expectation that compliance spending might moderate is just wishful thinking as companies in all industries grapple with increased regulatory concerns and stricter governance and risk policies within their own firms.
aspect comment ongoing position
I'm not in any position to comment on any aspect of an ongoing investigation.
coming data drill flag information people seeing situation source start support
That's a situation where, as you start seeing the source of where information is coming from, it may be a flag to start investigating further. If you see some anomalies, people will drill into the support data to find out why.
analyze information longer product truly whatever
It truly allows you to analyze information in whatever (tool) makes the most sense to you. You're no longer hampered by going from product to product.
corporate north
And they're just getting started, North American Corporate SOX Costs.
bottom criminal excessive line prohibited
While there may have been some excessive expenditures, the bottom line was it does not violate criminal statutes because it was not prohibited by the contracts.
charge contracts deception dollars government per provided theft
You may have misappropriation of government dollars or theft by deception or something of that nature. But the way the contracts were, the way the monies were provided to the day cares, it didn't place limitations on the dollars per se. Therefore, we can't charge a crime.
bring strengths
Different vendors bring different strengths to SOX compliance.
barometer business companies gives good information piece point system
The transaction-capture piece is important, but what companies really want to get to is this information system that gives them a good barometer of where their business is at any point in time.
cases ultimately
This administration is assessing all of the cases and some of those cases may ultimately be reopened.
access biggest companies customer customers data easily outside report
These decreases are not easily explainable, because customer inquiries are veering more into these areas. The biggest impediments companies report in deploying PM are access to enterprise-wide data and data from customers and suppliers outside of the firm.
automated effort human intensely process sustaining technology
We're going from an intensely human effort to a much more automated process for sustaining operations. There will be a lot more technology investment.
beyond cake community foundation icing information original platform recognizes
A company's BI platform is the cake and the dashboard is the icing on the cake. What BI does is the investigation beyond the original presentation, and the BI community recognizes that they are the information foundation for dashboards.