Saving Big on Software Costs: How ServiceNow Software Asset Management Can Revolutionize Your Manufacturing Company’s Budget
As a manufacturing company, you’re always on the lookout for ways to improve your operations and reduce costs. But what about your software asset management? Have you considered how ServiceNow Software Asset Management can streamline your software management processes and help you achieve significant savings?
What is it?
ServiceNow Software Asset Management is an advanced solution that is built on ServiceNow’s industry-leading Configuration Management Database (CMDB) technology. It provides comprehensive software asset management capabilities that can help you optimize costs, improve compliance, and minimize risks associated with software usage.
With ServiceNow Software Asset Management, you can take advantage of advanced analytics and automation capabilities to optimize software license usage, reduce software spending, and minimize financial risks associated with non-compliance or unnecessary purchases. By tracking and monitoring software usage trends, you can make informed decisions on when to renew, reallocate, or renegotiate licenses, thus reducing overall software spend. And with automated alerts for expiring licenses, you can proactively renew licenses and maintain compliance.
What’s in it for your organization?
One of the most significant benefits of ServiceNow Software Asset Management is the streamlined operations it offers. By leveraging automation capabilities, you can reduce manual errors, simplify license renewals, compliance monitoring, and reporting, and improve operational efficiency. With automated workflows and notifications, you can streamline software asset management tasks and improve decision-making capabilities.
Another benefit of ServiceNow Software Asset Management is risk mitigation. By monitoring software usage, you can identify potential risks and take proactive measures to mitigate them, such as avoiding security vulnerabilities or data breaches. And by ensuring compliance with software licensing agreements, you can avoid legal and security risks.
Finally, ServiceNow Software Asset Management provides advanced reporting and analytics capabilities that enable you to gain insights into software usage trends, license allocation, and compliance status. With this information, you can make informed decisions on software asset management, optimize software usage, and reduce costs.
In summary, ServiceNow Software Asset Management is a powerful and sophisticated solution that offers comprehensive software asset management capabilities for manufacturing companies. Leveraging advanced analytics, machine learning, and automation, can help you streamline software asset management and achieve significant savings. So if you’re looking to optimize your software asset management processes, ServiceNow Software Asset Management is the solution you’ve been waiting for.
Want to learn more?
At Neyo, we are a specialist ServiceNow provider working in the manufacturing industry. Discover what Neyo can do for you HERE!