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Unleashing ITFM Value: Proven Optics on the ServiceNow Platform

June 27, 2024 | 2 minute read
Proven Optics

Written by:
Proven Optics

Harnessing Seamless Integration for Enhanced ITFM Insights 

For business leaders, the ability to consolidate and analyze IT financial data across the organization is invaluable. Without a complete view into real-time data, leaders lack agility. Decisions become arduous and reactive instead of fast and informed.  

A clear and complete view into IT financials allows organizations to make informed decisions swiftly, optimize resource allocation, and drive operational efficiency. 

Unlock The Potential of Your ITFM Data 

You’ve strategically invested in ServiceNow® and are building a technology portfolio to maximize business value. Unlock the full potential of the NOW platform’s financial capabilities with the Proven Optics Suite of IT Financial Management applications. 

Our core strength lies in seamless integration with the ServiceNow platform. This interconnectedness enables users to leverage extensive datasets, transforming them into real-time, actionable insights for business leaders. 

Plug into the only platform-Native, end-to-end ITFM Solution that builds on your existing ServiceNow instance. Automate and manage financial processes that enable a continuous feedback loop that tracks, manages, and monitors decisions made to run the business of IT. 

Budget & Forecast Automation 

Plan, track, and deliver a streamlined IT financial plan that supports business outcomes. The Budgeting & Forecasting app puts you in the driver seat of your project variances. Real-time actuals data means you can pivot with confidence, deliver projects within budget, and build trust across the organization. Build on that trust with reliable forecasting that ensures you move with agility in response to market dynamics. 

IT Financial Management (ITFM) Cost Modeling 

Connect IT cost with business outcomes––show IT consumers how their decision drive IT expenses. Access, analyze, and automate cost drivers with the Cost Model app. Efficiently built at an 80% OOTB and 20% customizable––the Cost Model app centralizes and automates data review on platform. Build Business-IT trust in Total Cost of Ownership with defensible IT cost transparency.  

Chargeback / Fee-for-Service 

Build service and rate transparency that the business understands and trusts. Provide clear and defensible cost services and automate the invoicing process with the Billing & IT Cost Recovery app. Cultivate IT-Business alignment through financial accountability for sustained cost recovery and better service delivery. 

Learn how to take control of your technology financials within your ServiceNow® instance–from budgeting, costing, to recovery. Discover how our applications can give you the full picture of your IT financials today.