Efficient budgeting with ServiceNow IT Business Management

Organizations must do more than just operate – they also have to grow and evolve to keep up with an increasingly unpredictable business environment and tackle challenges effectively. With technology being more widely used and implemented than ever before, business expectations are skyrocketing.

With IT Business Management from ServiceNow, your business will be able to more efficiently drive change and speed up innovation across the enterprise with strategy. When you run IT like a business, you can align work to your business priorities, redirect spending towards more critical applications, and save valuable time.

ITBM simply groups key applications of a business into scalable packages that can grow with your organization as needs and goals change.

One package ITBM highlights is Financial Planning. The number one priority of any business is secured finances. If you’re still relying on spreadsheets and manual data entry, it’s difficult to know where your money is going and how it’s being spent without the possibility of making a mistake, losing credibility or wasting resources. In order to effectively manage projects and support strategic business initiatives, efficient budgeting is vital. With ITBM, Financial Planning is a budget data resource that is seamlessly integrated with Project and Portfolio Management to optimize budget planning and replace spreadsheets with an online repository. Budgeting becomes easier to analyze and forecast when integrated onto an easy-to-use dashboard with all information at your fingertips.

Interested in other features ITBM has to offer? Our ServiceNow experts can help get you started. Click here to schedule a demo with a member of our team.