SOURCE: ComSci

ComSci

October 06, 2011 08:00 ET

ComSci to Showcase Financial Technology Management Expertise at Gartner Symposium/ITxpo 2011

Innovative Suite of IT Cost Transparency Solutions Enables Companies to Manage Risk, Control Costs and Demonstrate the Value of IT

ORLANDO, FL--(Marketwire - Oct 6, 2011) - Gartner Symposium/ITxpo 2011 - Technology Financial Management solutions provider, ComSci, announced today that it will showcase its cost transparency capabilities during this year's Gartner Symposium/ITxpo 2011, which is taking place in Orlando, Fla. from Sunday, Oct. 16 through Thursday, Oct. 20, 2011.

At the event, ComSci will exhibit its innovative SaaS-based financial technology management solutions including ITCostFlow™ and Budget Forecaster™. Built for C-suite leadership, senior IT executives, as well as IT finance, and service and product management professionals, these solutions are integral to those individuals seeking to deploy a superior, accurate strategic financial modeling discipline within their IT organizations.

ComSci ITCostFlow provides a centralized line of sight into corporate wide IT costs and usage patterns, allowing companies to more accurately manage their technology resources. Event attendees will be able to learn how ITCostFlow assesses fixed versus variable components of product costs, benchmarks infrastructure costs against industry competition and alternative 3rd party solutions, and performs dynamic "What-If" analysis of various potential situations.

ComSci's Budget Forecaster automates the IT budget process, improves analytics and provides total control over IT cost drivers through dynamic management of monthly salary planning, supply chain and project spending. Attendees will learn how Budget Forecaster automates the IT budgeting process, integrates with all corporate financial systems, and performs detailed variance analysis.

ComSci will also showcase its BillBrowser™ module, which assists IT organizations in achieving total technology cost, capacity and utilization transparency. The increased visibility provided by BillBrowser supports more productive dialogue with IT consumers and, as a result, better cost control. Visitors will also see firsthand how this solution delivers ComSci's web-based CIO Invoice™ report to promote IT cost transparency and help organizations more efficiently manage demand, support collaboration across the organization, and institute accurate chargeback initiatives to communicate the value of IT.

Said Bob Svec, CEO, ComSci, "Today's IT organizations need to do more than demonstrate lower base costs; they need to effectively communicate the value of IT and help business managers make informed technology decisions that enhance the business strategy. An IT financial and business management solution helps business management understand the true cost and utilization of technology as well as the savings and opportunities across different deployment scenarios. We look forward to demonstrating how our innovative IT financial and business management solutions can bring discipline to IT financial management and create a competitive advantage."

Gartner Symposium attendees are encouraged to visit the ComSci booth to learn more at the event.

About Gartner Symposium/ITxpo
Gartner Symposium/ITxpo is the IT industry's largest and most strategic conference, providing business leaders with a look at the future of IT. For more than 10,000 IT professionals from the world's leading enterprises, Gartner's annual Symposium/ITxpo events are key components of their annual planning efforts. Attendees rely on Gartner Symposium/ITxpo to gain insight into how their organizations can use technology to address business challenges and improve operational efficiency. For more information, please visit http://www.gartner.com/technology/symposium/orlando/index.jsp.

About ComSci
ComSci delivers Technology Financial Management solutions and capabilities that empower organizations to implement more effective IT financial management processes and governance. Through decades of experience, strict adherence to ITIL technology financial management process guidelines and its suite of Web 2.0 IT finance solutions, ComSci helps IT organizations optimize technology costs by enhancing transparency and visibility, which in turn enables IT and business management to understand demand, utilization and value of its corporate technology resources. ComSci is headquartered in Iselin, New Jersey. ComSci has a growing number of clients for which it provides IT Financial Management capabilities including The McGraw-Hill Companies, The Bank of New York Mellon, Whirlpool, NYU Medical Center, 1-800-FLOWERS.COM, SAP AG, Memorial Sloan-Kettering Cancer Center and UBS Investment Bank. Visit www.comsci.com for further information.