Major NY Bank Selects ComSci's Technology Chargeback Solution
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Edison, NJ, September 12, 2006 - ComSci, a leading provider of IT financial management solutions,
has signed an agreement with a major New York City Bank to provide a Total Technology
Chargeback Solution delivering results through BillBrowser. BillBrowser is ComSci's technology
expense management portal that will provide the Bank's Business Units with a single view of
all technology-based products charged to their departments. The initial scope includes the
chargeback of the costs and utilization of WebEx, Audio/Video conferencing, cellular, desktop
services and the collection and processing of polled data from over 40 of the Bank's domestic
locations, 10 locations in the UK and over 250 branch locations. Business Unit Managers will
have a robust tool to view charges for all technology-based products at either a summary level
or drill down to individual employees to view consumption and utilization of services. The
BillBrowser solution is a strategic component of the Bank's overall transparency goal to drive
costs to the cost causers to ensure the entire enterprise is accountable for controlling and
managing technology-based costs.
"BillBrowser provides the Bank with the most powerful and total technology chargeback
solution in the industry today", says Lou Takacs, Vice President of Product Management. "Our
clients want a single portal to view all technology related products and services to bring
clarity to technology expenses throughout the firm and BillBrowser exceeds their needs for a
total consumption management tool," continued Takacs.
About ComSciComSci delivers Technology Financial Management™ solutions that empower organizations to implement more effective IT financial governance. Through decades of experience and a suite of web-based tools, ComSci helps IT organizations enhance technology transparency and visibility, which in turn enables business units to understand and optimize demand and utilization of technology resources. ComSci is headquartered in Edison, New Jersey, and was founded in 1971.