SOURCE: ComSci

ComSci

June 21, 2011 08:45 ET

Responsibility for IT Financial Accountability Resides Across the Enterprise

Latest White Paper From ComSci Examines Importance of IT Cost Transparency and Demand Management

ISELIN, NJ--(Marketwire - Jun 21, 2011) - ComSci, LLC, a leading provider of Technology Financial Management (TFM) solutions for IT Cost Transparency and Demand Management, today announced the availability of its latest white paper titled "Creating Technology Financial Accountability." The next in a series of complimentary white papers from industry leader ComSci examines the role of corporate culture in IT financial accountability and why attitudes towards technology usage need to change.

Rising costs and greater demands with fewer resources are spurring many businesses to look at their IT investments and identify opportunities to lower or control IT spending -- without impacting services delivered to business users. At the same time, CIOs are pressured with providing the highest quality service at the best possible price while also demonstrating the value of IT to their internal customers.

Robert J. Svec, President and CEO of ComSci, observed, "The CIO cannot stand alone in the quest to manage organizational consumption and IT expenses. It requires the businesses on an enterprise level to ensure their consumption of IT resources are consistent with their business goals and strategies. To do that effectively, organizations first need to implement IT financial transparency to gain accurate insight into the cost, value and quality of the IT services delivered to the business."

ComSci's automated solutions enable companies to obtain this degree of transparency and detailed insight into IT costs, which reveal the true cost of spend at the business unit, department and even individual level. As expenses rise or fall, this visibility can be valuable in helping businesses manage technology costs so that IT investments can be prioritized, key benefits understood and operational gaps addressed -- without putting the success of the business at risk. ComSci's IT financial transparency solutions deliver an evidence-based understanding of the cost of technology and its strategic value to the business.

ComSci's latest Technology Financial Management white paper is available on a complimentary basis for a limited time. To download the white paper, please visit: www.comsci.com/whitepaper_0611.php

About ComSci
ComSci delivers Technology Financial Management solutions that empower organizations to implement more effective IT financial management processes that support their ITIL V3 initiatives. Through decades of experience and its suite of web-based tools, ComSci helps IT organizations reduce costs by enhancing technology transparency and visibility, which in turn enables business units to understand and optimize demand and utilization of technology resources. ComSci is headquartered in Iselin, New Jersey, and was founded in 1971. ComSci clients include companies such as The Bank of New York Mellon, NYU Langone Medical Center, 1-800-FLOWERS.COM, Memorial Sloan-Kettering Cancer Center, SAP, and UBS Investment Bank. For more information on ComSci, please visit www.comsci.com or the IT Finance Blog at www.comsci.com/it-finance-blog.