Question 1

What is IT Financial Management on ServiceNow?

Accepted Answer

IT Financial Management on ServiceNow is a solution that helps companies tell a better technology value story, enabling them to manage their technology investments from budgeting to cost modeling and showback/chargeback.

Question 2

What are the key features of the IT Financial Management solution?

Accepted Answer

The key features include budgeting clarity, cost transparency, billing simplicity, and end-to-end IT financial planning. The solution helps build a budget that everyone understands, improve forecasting accuracy, manage variance, justify funding requests, and enable cost modeling to cut redundant expenses, balance the application portfolio, and optimize IT spend.

Question 3

Why is IT Financial Management important?

Accepted Answer

IT Financial Management is important because the business expects value from its technology investments. The solution enables companies to tell a story that the business cares about, delivered natively on the ServiceNow platform.

Question 4

What is the benefit of the Proven Optics acquisition of CloudGenera?

Accepted Answer

The acquisition of CloudGenera by Proven Optics extends the company's cloud financial management capabilities, allowing customers to better manage their technology investments and tell a more compelling value story.

Proven Optics

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What is IT Financial Management on ServiceNow?

What are the key features of the IT Financial Management solution?

Why is IT Financial Management important?

What is the benefit of the Proven Optics acquisition of CloudGenera?

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