ISELIN, NJ--(Marketwire - Aug 7, 2012) - ComSci, the award-winning technology financial and business management solutions company, announced today details of the sessions it will deliver during the IT Financial Management Association's (ITFMA) The World of IT Financial Management conference. The conference, which celebrates the 25th anniversary of the founding of the IT Financial Management profession, will be held in Scottsdale, Arizona from Monday, August 20 through Friday, August 24, 2012.
As an industry-leading provider of solutions that enable organizations to implement more effective IT financial governance, ComSci will have a prominent role at the conference. In addition to sponsoring the event, the company's executives will be on hand to highlight its cutting edge products and services designed to enhance IT cost transparency and visibility. Attendees will have the opportunity to learn more about ComSci's award-winning SaaS-based IT financial management capabilities in three sessions:
- IT Financial Planning, Budgeting and Reporting Best Practices: Why IT Needs Specialized Technology Planning Tools - Today's IT Finance teams face numerous impediments, such as large cost pools and extensive service catalogs. Key to their success is dynamic IT budgeting and forecasting. During this session, Jeff Yoder, ComSci's vice president of Strategic Partnerships and Global Marketing Strategies, leads a discussion on the key requirements for effective IT budgeting and forecasting. He will also share aspects of automating a "bottom's up" budgeting, forecasting and re-forecasting with complete version management. Additionally, he will discuss why existing enterprise budgeting and planning tools are not adequate for articulating accurate cost and consumption data to meet the budget and forecasting demands of the modern enterprise. This session will be held on Wednesday, August 22 from 9:15 - 10:00 a.m.
- ComSci IT Financial and Business Management Software Demonstration - Many IT Finance executives spend large amounts of time aggregating disparate data rather than analyzing and managing the business of IT Finance. In this session, Brian Stedman, vice president of Product Management, will discuss how automating the aggregation process with commercially available tools, such as those available from ComSci, significantly frees up valuable IT Finance teams to work on higher value tasks. He will also introduce the five key elements needed from IT Financial and Business Management automation tools, provide an IT financial maturity roadmap and share best practices from ComSci's more than 57,000 users. Additionally, Stedman will give a live demonstration of ComSci's IT Financial and Business Management capabilities including automated costing, budgeting and forecasting, and consumption reporting and demand management. This session will take place on Thursday, August 23 from 4:15 - 5:00 p.m.
- ComSci's 25th Anniversary ITFMA Celebration & Reception - ComSci is hosting a reception to honor the 25th anniversary of the ITFMA. During this two-hour networking event, guests can enjoy food and drinks as well as informal conversations with their peers. In addition to networking, attendees can also learn more about ComSci's award-winning IT Financial and Business Management solutions. The reception will be held on Thursday, August 23 from 5:30 - 7:30 p.m.
"IT financial management has undergone numerous changes over the past 25 years, and ComSci has been at the forefront of this field every step of the way," said Yoder. "We have a deep understanding of the challenges that face today's IT professionals and are fully committed to developing cutting-edge solutions that bring rigor and discipline to IT financial management. We look forward to celebrating all that the ITFMA has accomplished in 25 years and leading the discussion around the need for accurate technology data to connect IT investments to business value and help today's organizations not just run the business, but invest in technology that delivers competitive advantage."
ComSci delivers Technology Financial and Business 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 and business solutions, ComSci helps IT organizations optimize technology costs by enhancing fact-based 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, AECOM, and UBS Investment Bank. Visit www.comsci.com for further information.