In this new article we look at four key areas where understanding TCO is crucial to IT decision-making, and how teams can get this information in the ServiceNow applications they’re already using.
The newest addition to the FMDB family is available now in the ServiceNow App Store.
Explore Nicus’ comprehensive suite of IT financial management products designed to enhance transparency, streamline processes, and unlock strategic value. Whether optimizing costs, increasing agility, or proving IT’s business impact, Nicus equips your organization with actionable insights and unmatched flexibility. Take control of your ITFM journey and start driving smarter decisions now.
Extend transparency to every intersection of IT and the business, reveal unseen opportunities to optimize spend and empower decision-makers with insights they can act on. (encompasses Cost Transparency and IT Planning products).
Establish accurate, fully-burdened cost structures for everything IT delivers – allowing technology leaders to eliminate doubt, rationalize spend, and expose opportunity.
Build detailed IT budgets and forecasts quickly and accurately. See how and why today’s funds are being spent, and how tomorrow’s investments can drive new value.
FMDB provides a centralized, single source of truth for financial data in ServiceNow that can be leveraged across ServiceNow applications.
Populate precise app TCO data in ServiceNow, enabling teams to streamline application rationalization, eliminate redundancies, optimize resources, and track financial impact.
Unlock asset TCO insights across ServiceNow® ITAM workflows with comprehensive asset costs, empowering stakeholders to make data-driven asset decisions.
Ginger Allen, Senior Director, IT Business Management Office, Florida Blue
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