You are head of the board audit committee at Lancer, a medical device supplier. Over the past several years your costs have skyrocketed due to ever-increasing complexity in the regulations governing the health care industry. The head of internal audit announces at a meeting of the board audit committee that the company has entered into a contract with SoftMed, a company specializing in providing computerized compliance and internal audit monitoring in the health care industry. The head of internal audit estimates that the SoftMed product will allow Lancer to save nearly a million dollars a year. How should you respond?