For large organizations, infrastructure expenses are running out of control.
The Sarbanes-Oxley Act of 2002 requires strict financial accountability for publicly held corporations. The task of maintaining the services infrastructure that supports these processes falls on IT. These statutory-mandated tasks are placing enormous pressure on Chief Financial Officers and their teams who burn thousands of man-hours each year to track and report this information.
It's the CFO's job to demonstrate to shareholders that data centers, networks, projects, and software licenses are all being funded and managed efficiently. There are hard dollar savings in properly (centrally) managing the technical infrastructure. With Servnation's IMS Software, any "C" level executive will be able to have a real-time dashboard of this information and make quick, informed decisions that will assist the CFO in his or her reporting requirements, improve overall efficiency and thereby create shareholder value.
The Servnation solution is able to identify and control the actual costs of running an infrastructure environment while validating the estimated costs in real-time. Once a company has a grasp of their actual infrastructure expenditure, they are able to then reduce the fixed costs by eliminating resources and renegotiating maintenance contracts. This gives companies the ability to save hard dollars with these reductions.
The IMS software gives companies the ability to understand the hard dollar expenditure of their infrastructure environment. Additionally, companies today do not know if their projects are profitable or not. The decision to continue with a money-losing project must be carefully weighted against the benefits. It is very difficult today to judge the cost benefit analysis of an infrastructure project. The Servnation IMS software gives a clear view of a companies infrastructure costs, in addition to the cost benefit analysis of infrastructure projects.
Many companies are looking to "virtualization" for the answer; ironically, this is not a complete solution, in fact the IMS Software heightens the need to illustrate how these companies can forecast and control their environments. The IMS Software solution addresses areas of specific concern to companies such as:
- Developing and illustrating a foundation on which internal process controls and financial data can be maintained. The IMS Software by taking active control of the data infrastructure, IT can enables enterprise-wide processes, and can ensure the accuracy, availability of both data and process controls.
- Supporting enterprise-wide implementation of high-level process task flows through a centrally web based tracking tool (IMS Software)
- Defining standardized procedures, logging and tracking in order to ensure process consistency throughout the organization.
- The IMS Software enables accurate, real-time inventory and reporting on computing hardware and software as part of an overall asset reporting process utilizing existing systems within an organization. This will enable the IT department to provide accurate, validated information on IT assets to the financial staff.
An organization is able to bring applications and services to market much faster and run with a reduced or remote workforce (outsource). These significant savings will be realized through increased productivity, reduced personnel expenses, early elimination of unprofitable projects, and maximized efficiency of hardware deployment, such as the SAN environment.