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Experts Available To Discuss IT Asset Management Gaining Momentum Due to Sarbanes-Oxley

Friday, March 26, 2004

(Business Wire) --

TOPIC: Compliance with Sarbanes-Oxley is making IT asset management a must for many organizations, according to an article by infoworld.com. The need to justify the cost and value of IT assets has resulted in new enterprise service automation products from companies such as PeopleSoft and Niku. For example, PeopleSoft has announced it will offer several versions of its enterprise service automation product in Dutch, French and German.

EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story:

Alastair Kingsley, managing director of NetSupport, Inc., is considered a leader in network management, asset management, training and remote control software. Educated at the Leys in Cambridge England, Alastair has worked with NetSupport Inc. and the PCI Group for over seven years and has held key positions as head of sales and marketing and managing director before taking on his latest role as President and CEO. With the advent of Sarbanes-Oxley and a recovering economy, CIOs are making IT asset management a top five priority on their to do list. Asset management can help businesses reduce costs and get the most out of their infrastructure. While public companies are looking at new laws that require auditing, private companies are also taking stock of their IT assets to reduce overpayment of software licenses and lower total cost of ownership.

Robert Kaehler is the vice president and general manager of Sunflower Systems. The advent of Sarbanes-Oxley exposes more organizations to a mandated fiduciary responsibility to accurately report their financial status. Accountable assets can expose corporations to undue scrutiny when the internal controls and business processes do not capture retirements, transfers, and sufficient detail to mitigate corporate risk. Kaehler is transforming the tactical function of asset management to the cornerstone of an enterprise's financial system. With the right processes in place, customers will enjoy improved asset accountability and utilization, comprehensive historical information, and required reporting capabilities for compliance and audit purposes.

Professor Allan Horwich, of Northwestern University Law School, is an expert regarding corporate governance, including audit committee requirements under Sarbanes-Oxley.

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