New FEI Study：39% rish in sox compliance costs.pdfVIP

ISSUE 05-05 WWW.IOMA.COM MAY 2005 IN THIS ISSUE EXERCISING LEADERSHIP TAX SAVINGS: In some states, new software Bain Study of 308 Firms Reveals Sales costs drop 6% with elec- Productivity, Not Budget, Keys Growth tronic delivery 4 BANKING CHARGES: Discounts average 60% Marketing and sales managers at many companies have already signaled for controlled disburse- they will push aggressively for funding increases in 2006 budgets. Controllers ment maintenance ... 5 tell us these managers now make the argument that—after several modest MANPOWER BENCH- growth years—their businesses have to increase spending on sales and MARKS: These average $65,530 per FTE in ser- marketing to ensure long-term company success. We have to spend money to vice industries 8 make money, is their contention. IT BUDGETS: Tech spending will increase Interestingly, a new study casts doubts on this