Why your Business Needs ServiceNow ITBM for Effective Business Management?

Business leaders are making more efforts to improve service quality and streamline their workflows every year. Companies around the globe have begun to look for ways to improve their business outcomes, reduce product delivery times, and eliminate the uncertainty. This has ultimately led to structured IT Business Management solutions.


What is IT Business Management?

Information Technology Business Management (ITBM) is a collection of tools and solutions that help you align your IT investments with your business processes to achieve your strategic goals, it is called Information Technology Business Management. ITBM allows your business to be more innovative by changing the delivery of products and services quickly and efficiently.

How can ITBM help businesses?

Businesses that use structured ITBM workflows have shown measurable business results. The Project Management Institute found that companies with mature ITBM processes have a 92% success rate, compared to 32% for those with legacy processes.

ITBM platforms offer many applications to organizations. They cater to many business models and address key IT challenges such as

  • The cost of developing, managing and administering IT in the business is not proportional to the value-added
  • Maximizing the value of your business
  • Projection of ROI
  • Unifying disparate systems
  • Outstanding customer service

Why Choose ServiceNow ITBM For Your Business?

ServiceNow is one of the most flexible business and employee management platforms today. The ServiceNow ITBM package offers a wide range of workflow options that help businesses align business services, track service delivery and provide financial visibility. See some solutions offered by ServiceNow ITBM: 

Project Portfolio Management

ServiceNow Project Portfolio Management (also known as Strategic Portfolio Manager) is a platform that allows you to manage all your resources, investments, and projects according to the organization's key objectives. ServiceNow Project Management Modules can be organized to reduce costs and increase operational efficiency.

Agile Development

Are you looking to improve the efficiency of your Agile software development? ServiceNow Agile Development is the best choice to manage your Agile software development. You can track and manage your project work cycles with an innovative program board, interactive dashboards and flexible backlog tracking.

Application Portfolio Management (APM)

You can upgrade your applications according to your technology needs and save money with ServiceNow Application Portfolio Management (APM). ServiceNow APM provides detailed insight into applications which will help you make the right decisions for your company. You can reduce the cost of redundant applications by partnering with the right partner to implement them. Instead, you can use these resources for applications that are truly valuable to your business.

IT Financial Management

Because financial management relies heavily on spreadsheets to track and manage the budget, it has been a challenge for many years. ServiceNow Financial Management, a team of specialized domain experts and architects, will make managing your financial planning much easier. You can now choose from different budget models to suit your business for multiple purposes.

IT Demand management

An effective IT Demand Management tool is essential to make informed investments in new products/services and improve existing ones. ServiceNow Demand Management allows you to centralize your business as well as IT requests, so you can accurately forecast demand for products and services based on changing market trends.

Conclusion

You need to work with a ServiceNow Partner who is certified and experienced to get the most out of your business in today's fast-paced, modern world. Dxsherpa is a ServiceNow Premier Partner and works with clients to maximize their benefits. Our ServiceNow specialists have assisted organizations in maximizing their ServiceNow ROI over the years through extensive experience working with top organizations. We have a professional and knowledgeable team that will provide you with insight into the details of your implementation. 

 

Location: United States

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