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ServiceNow Strategic Portfolio Management (SPM) allows for the assessment of top-level investments and adaptation to changing business priorities. It supports functionalities to
Visualizing plans and objectives to help decision-makers easily understand the status, progress, and alignment of projects with business objectives. This helps in making informed decisions that align with the organization's strategic goals.
By providing a clear view of the business portfolio via SPM, we enable organizations to prioritize investments based on their impact on business goals; and ensure that resources are allocated to the initiatives that are most critical to the organization's success.
We utilize SPM to provide organizations with a holistic view of the risks associated with their portfolio of projects and programs. This enables them to identify potential risks and take corrective action to mitigate them.
We enable stakeholders to access real-time information, share updates, and collaborate on tasks. As a result, everyone involved in the project is aligned with the organization's strategic goals and working towards the same objectives.
We recognize the significance and benefits that organizations can gain from implementing ServiceNow SPM. We understand how ServiceNow can cater to the distinct requirements of all stakeholders involved at every organizational level, thereby facilitating efficient and effective implementation of SPM.
Effective implementation of ServiceNow SPM requires informed investment decisions and proper visibility. Our approach, which is driven by data, takes into account the requirements of all stakeholders involved, thereby reducing the administrative workload for everyone involved.
Automation can significantly assist internal teams working on complex projects by eliminating the need for time-consuming manual tasks. Therefore, we help you identify the operations that need to be automated and determine how the desired business process would support them.
We focus on enabling you to manage both strategic and operational work in a single unified platform, reducing bottlenecks and enabling faster go-to-market strategies. This allows you to manage resources effectively and respond quickly to changes in priorities, resulting in increased agility.
Creating a comprehensive view of how the organization functions by integrating customer offerings, business capabilities, and corporate structure.
Facilitating a comprehensive view of all IT operations throughout the enterprise, which enables both teams and business leaders to manage resources across the organization.
Helping business leaders align costs with business strategy by emphasizing forecasting the potential impact of cost reduction in various areas.
Facilitating risk and security management to identify potential hazards and fortify any areas that may be vulnerable to security weaknesses or non-compliance issues.
Simplify the process of adding or removing assets in the IT environment, reducing the time and effort required for asset management.
Enabling governance to the hierarchical layers of intricate business systems, which empowers organizations to synchronize their resources and tools with the overall business.
ServiceNow’s Strategic Portfolio Management (SPM) is a module within the ServiceNow platform that enables organizations to manage their strategic portfolios more effectively and efficiently.
SPM provides a central location for managing an organization’s project and portfolio data, including financial, resource, and performance information. It helps organizations to align their portfolios with their strategic objectives, identify and prioritize the most important initiatives, allocate resources efficiently, and monitor and measure performance against targets.
As a result, organizations can make data-driven decisions by providing real-time insights into the performance of their portfolios, enabling them to adjust their plans and strategies as needed.
Some of the key features of SPM include portfolio analysis, scenario planning, financial management, resource management, project management, and performance analytics. It also integrates with other ServiceNow modules, such as IT Service Management (ITSM), IT Business Management (ITBM), and Enterprise Project Management (EPM), to provide a comprehensive solution for managing an organization’s strategic portfolios
ServiceNow SPM is designed to integrate seamlessly with other systems and applications in your organization to help you manage your service portfolio more effectively. Here are some ways in which ServiceNow SPM can integrate with other systems and applications:
ServiceNow provides pre-built integrations with many popular enterprise applications, and its open APIs and web services make it easy to integrate with other systems and applications as well. By integrating ServiceNow SPM with other systems and applications in your organization, you can gain a more holistic view of your service portfolio and improve your overall service delivery.
Here is how we ensure data security and compliance during the SPM implementation:
Working with a ServiceNow-certified company like us for your SPM implementation offers several benefits, including:
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GlideTable Hierarchy is a ServiceNow Server scoped API which provides information about the
