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7 Benefits of ServiceNow C-suite Can’t Afford to Miss

  • By Aelum Consulting
  • August 9, 2024
  • 1148 Views

Enterprises have spent trillions on digital transformation only to find that they need new technology for every process. A new technology disrupts the market to take on complex tasks and processes at a faster speed. But don’t you think tackling too many technologies all at once will only accumulate in complexity?

Or should I say you are putting digital transformation from multiple platforms in the driver’s seat of the enterprise’s success. A McKinsey report says 70% digital transformation projects fail due to lack of employee engagement, poor or non-existent cross-functional collaboration, and a lack of accountability.

To manage software portfolios for every organizational need, your business requires a unified, automated, cloud-based platform like ServiceNow.

Historically, ServiceNow’s focus was on ticketing solutions and IT operations. It is now more than just a ticketing solution and wears multiple hats to provide solutions across organizations. Today, more than ever, organization of every size, in every industry, everywhere in the world are looking to ServiceNow for better ways to work.

What’s your biggest challenge to make your enterprise digital-first?  

    Need to make employees work easier and flow much betterDifficult to break down silos with multiple platformsStruggling to develop and maintain alignment among all the elements of strategy, planning, and delivery.

    So, how is ServiceNow helping enterprises? We have compiled some of the key benefits of ServiceNow, which go beyond being scalable, efficient, and supporting seamless integration.

    7 benefits of ServiceNow to help enterprises drive innovation

    For every corner of your enterprise, ServiceNow has a powerful solution. The significant uplift across multiple platforms ServiceNow is digitally transforming everything about the work, from streamlining processes to enhancing customer experiences.

    1. A powerful platform connecting all your digital workflows across your enterprise

    ServiceNow allows your digital workflows to seamlessly connect people, processes, and technologies. This integration breaks down silos, accelerates service delivery, and strengthens business continuity. 

    ServiceNow covers all workflows, including low-code development, replacing spreadsheets, handling payrolls, onboarding, service delivery, and operations. Employees, customers, operations, security, supply chain, finance, and more, ServiceNow covers all your needs under one roof. You can even create, customize, or tailor workflows to meet your organization’s specific needs. Its seamless integration with third-party applications and existing IT investments creating intuitive user experience for customers.   

    You can maximize and explore ServiceNow’s full capabilities across various enterprise areas, such as IT Service Management, IT Operations, HRSD (Human Resource Service Delivery) to improve employee experiences, and CSM (Customer Service Management) for personalized and efficient customer experiences. 

    Use Case:

    A large retail company with disconnected systems for inventory management, customer service, payroll, and onboarding adopted ServiceNow. Now, they can:

    • Automate inventory updates, reducing errors and ensuring real-time data with the help of ServiceNow ITAM.
    • Streamline payroll processing and onboarding, enhancing the employee experience by using ServiceNow HRSD.
    • Integrate customer service workflows, providing quicker and more personalized support with ServiceNow CSM.

    Did you know?  

    Although many people know ServiceNow as a ninth-time Gartner Magic Quadrant leader for ITSM tools, it provides much more to its customers. In fact, ServiceNow helps you find a solution to drive specific outcome.  

    2. Delivering modern and meaningful experiences at scale

    ServiceNow delivers top-notch, intuitive, personalized experiences that enhance customer satisfaction and loyalty. It increases employee engagement and productivity to help you work faster and smarter. Not just that, ServiceNow unifies web, mobile and conversational experiences to give instant access to information. It easily creates powerful native iOS and Android mobile apps, and configure intelligent chatbots that work seamlessly with Teams, WhatsApp, Slack and other leading platforms.

    To bring creativity and productivity ServiceNow brings intuitive out-of-the-box workspaces empowering employees with rich contextual data that allows them to make better decisions with less effort. You can streamline processes, optimize workforce allocation, and automate processes with built-in platform capabilities.

    Product Insight:

    ServiceNow CSM deliver better services to customers and employees, while reducing requests and increase in speed for opening new cases. This led to delivering differentiated customer experiences and realize new revenue streams.

    3. Infused Generative AI across workflows

    According to Bloomberg, the generative AI market is projected to grow to $1.3 trillion over the next decade. With all the buzz around AI, ServiceNow is leading the charge by integrating AI capabilities across its platform, enabling end-to-end digital transformation. ServiceNow’s Now Assist harnesses the power of generative AI to help you work smarter and more efficiently.

    Now Assist is designed to meet the needs of customers, developers, agents, and employees by providing personalized and efficient experiences. This means customers can self-serve with intelligent recommendations, while agents benefit from summarized interactions, streamlined content creation, and automated code and flow generation.

    These generative AI capabilities are infused across all ServiceNow workflows, including ITSM, ITOM, HRSD, CSM, FSM, TSM, SPM and more. This ensures quick answers, improved efficiency, democratized creativity, and enhanced search capabilities.

    4. Seamless integration with third-party applications and existing systems

    ServiceNow provides more than 150+ integrations with third-party systems and existing IT investments providing flexibility for custom solutions. This easy integration approach power speed to automate and digitize cross-departmental processes. Besides this you can get a consolidated view of data through dashboards, and performance analytics which allows better decision-making.

    It streamlines and connects disparate systems by providing integration choices for LaaS, SaaS, ERP, legacy systems, and social media platforms. These integrations extend the ability of ServiceNow by reducing siloed functional areas to increase productivity and efficiency.

    5. Automating every business process of your organization

    Think of the difference between manually driving a car and using a self-driven car—that’s what ServiceNow automation can do for your processes.

    ServiceNow has taken the adoption of automation to the next level with hyperautomation, which orchestrates technologies like AI, machine learning, low-code development, and robotic process automation (RPA). ServiceNow’s hyperautomation capabilities streamline workflows and end-to-end processes, eliminating bottlenecks and significantly enhancing operational efficiency.

    The Automation engine of ServiceNow provides 175+ spokes, flow templates, 1300+ RPA components and customized solutions like password reset, client software distribution, and integration hub import. It can 3X the time to value and reduce TCO by 70% with ServiceNow handling development, maintenance, support, and upgrades.

    Did you Know?  

    A Gartner study found that over 60% of tech leaders are currently deploying RPA and AI tools as part of their organizations hyperautomation strategy. 

    (Source) 

    6. Proactively prevent risks and threats

    ServiceNow is poised with in-built security by default. Its comprehensive security framework ensures that your enterprise is protected against risks and threats. ServiceNow’s SecOps (Security Operations) and Predictive AIOps help you respond to incidents faster, maintain compliance, and keep your data secure.

    The platform’s proactive threat intelligence and automated responses reduce vulnerabilities and safeguard you against cyberthreats. ServiceNow integrates security into its workflows to build resilience and to emerge from threats stronger.

    7. The innovation power curve empowers higher return on investment

    ServiceNow unlocks the potential of digital transformation, letting you drive innovation and deliver extraordinary outcomes faster and with less risk. The pre-built solutions, low-code tools and constant innovation improves the IT visibility turning your enterprises digitally innovative.

    ServiceNow is a constantly evolving platform and deliver new capabilities that allow you to create value with even greater speed and control. As your business continues to evolve so does ServiceNow delivering you higher ROI than ever. ServiceNow’s ROI includes 450% in ITSM, 365% in SPM, nearly 400% in FSM, 250% in CSM, and 230% in SecOps over three years.

    Think future forward with trusted ServiceNow partner

    Simply put, ServiceNow offers numerous benefits and drives digital-first growth with its modern and automated approach. Notably, 85% of Fortune 500 companies, including Coca-Cola, Goldman Sachs, and JPMorgan Chase, rely on ServiceNow. Looking to achieve similar success for your enterprise?

    Whether you’re exploring potential use cases or are ready to implement ServiceNow to streamline your processes, Aelum Consulting is your ideal partner. With a team of over 150+ ServiceNow-certified experts, we have the expertise to ensure a successful implementation and consultation tailored to your needs. With our global presence in the US, UK, and India, we understand market challenges and have helped several enterprises utilize ServiceNow’s capabilities. Talk to our experts and learn how you can transform your organization with ServiceNow.

    Discover how ServiceNow is transforming enterprises