After three years of customer feedback, Proven Optics has released an upgraded Cost Modeling application, designed to be simpler, faster, and more flexible than ever before—all while fully leveraging the power of the ServiceNow platform. Customers needed a more intuitive, automated, and adaptable cost modeling experience. We listened, and we delivered.
Key Enhancements:
- Automated, One-Click Cost Model Runs – Say goodbye to manual processes and workbenches. Our system runs models in the background while you focus on strategic decision-making.
- Simplified Data Structure – A cost object-centric approach means better reporting, easier data management, and seamless ServiceNow integration.
- Unlimited Cost Models – No limits on the number of models. Run as many models as you need for any scenario.
- Streamlined Data Structure for Better Reporting & Flexibility– A cost object-centric model simplifies reporting, enhances data accuracy, and improves overall flexibility, making it easier than ever to manage and analyze financial data efficiently.
- Guided Setup & Intuitive UI – Designed for non-ServiceNow admins, making implementation easier and faster than ever.
- Out-of-the-Box Dashboards & Reports (with customization flexibility) – Gain real-time insights without Performance Analytics dependencies. OOB options offer standardized reporting and faster time to value to start analyzing costs immediately. Our intuitive dashboards allow finance and IT teams to easily interact with data without requiring significant technical expertise.
An Expert’s Opinion
“The new Proven Optics Cost Model provides a wildly improved user experience. The workspace experience is intuitive and lends itself well to administrative changes. The ability to even split allocations across segments, use proxy allocations, and leverage data from ServiceNow sources has decreased processing time significantly and improved the accuracy of the models produced. Segment personalization, model cloning, and new reporting data structures are some of mine (and our customer’s) favorite additions. For ITFM practitioners looking for a powerful yet easy-to-implement solution, the new Proven Optics Cost Model is a game-changer.” –Carter Christley, Solutions Architect and Director of Customer Success at Proven Optics
Why ServiceNow?
By running natively on ServiceNow, our Cost Modeling application provides:
✔ A Single System of Record – No need for external tools or manual data consolidation. Everything stays within ServiceNow.
✔ Real-Time Visibility – Leverage live data from your IT and financial ecosystem for accurate, up-to-date insights.
✔ Seamless Integration – Connect directly with your existing ServiceNow modules and easily integrate with other systems such as APM, SMP, and DPM; ensuring a unified approach to financial management, strategic planning, and decision-making across your organization.
✔ Scalability & Security – Take advantage of ServiceNow’s enterprise-grade security, governance, and scalability.
✔ Streamlined Workflows – Automate approvals, data imports, and reporting within your existing ServiceNow environment
The Bottom Line
Our new Cost Modeling application makes it easy to import data, allocate costs, run reports, and drive financial clarity—all with a user-friendly interface, seamless automation, and the full power of the ServiceNow platform
Ready to experience the future of ITFM Cost Modeling?
Don’t let outdated or manual processes slow down your financial decision-making. See firsthand how Proven Optics can help you optimize your Cost Modeling to drive better business outcomes.
Book your personalized demo now and start transforming your IT financial management!
