KEDAR Information Technologies Awarded Group Purchasing Agreement by Novation For IT Services Financial Management (ITSFM) Cost Optimization Solutions
Dallas, TX – September 2, 2015 – KEDAR Information Technologies (KEDARit) today announced an agreement with Novation, a leading healthcare services company which services members and affiliates of VHA Inc., UHC, Children’s Hospital Association and Provista LLC., to offer its members negotiated pricing for IT Service Financial Management (ITSFM) cost optimization solutions.
“We are excited to offer members served by Novation with a rich set of solutions that include IT Service Financial Management, Cost Optimization Service (COp-S™), Service Catalog Design and Business Process Management (BPM),” said Charles Williams, CEO of KEDARit. “We are recognized by industry analysts as a leading ITSFM Consulting Specialist. Typically customers are able to reduce IT spending by 3% to 8% and redeploy critical resources and budget to other strategic initiatives. With our Software as a Service (SaaS) COp-S™ and other flagship solutions customers are able to make IT spending and business decisions that are based on actual and accurate data.”
In today’s complex technology environment, IT organizations are expected to optimize budgetary spending, while providing greater levels of service and support. Since 2008, KEDARit has gained a track record of helping organizations to get lean and efficient by achieving greater financial control, cost optimization and transparency. In 2008, KEDARit introduced COp-S™ Version 1. Today COp-S™ is in its third version with significantly improved functionality and usability. With COp-S™ customers quickly rationalize their budgets, prioritize investments, formulate strategies, and manage and prioritize projects.
COp-S™ addresses the challenges IT and Business leaders face to deliver business relevant IT services, a service based strategy for IT, establish their cost and usage metrics, and provide greater cost transparency. The COp-S™ SaaS solution provides budget planning and accounting, charging and showback analytics, along with reporting and visualization capabilities that allow users to:
- track on-going actual costs against budgeted costs,
- benchmark and baseline costs versus other service options,
- perform detailed “What If” analysis across all services, and
- drill-down from customer facing services to their key cost drivers.
Using KEDARit solutions, IT and Business leaders can actively drive a transformation from a technology product defined strategy to an IT Service and customer focused one.
KEDAR Information Technologies (KEDARit), a subsidiary of KEDAR Integration Services Inc., is a leading Software as a Service (SaaS) company that specializes in and IT Service Financial Management (ITSFM) cost optimization solutions. The KEDARit team has a mission to develop lean IT solutions that achieve enduring results for customers. KEDARit’s “quick start” standalone offerings (called KEDARit Solutions “KITS”) include SaaS products, subject matter expert guidance and best practice training.
Based in Dallas, Texas, KEDARit works with organizations across industries that include energy, health care, government, logistics, higher education, business services, and financial services. For more information about KEDARit and its services visit www.kedarit.com or contact us directly at ContactUS@KEDARit.com or call (972) 317-3577 for a representative.Tags:COp-S, IT Strategy, ITFM