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Built native to the ServiceNow functionality, the Budgeting & Forecasting App automates and streamlines budget data capture and establishes tiered, automated approval/rejection workflows using native ServiceNow functionality.
Adaptive configuration processes ensure any organization's budget and forecast process can be accommodated efficiently within the application.
Streamline & Modernize the Budget Formulation Process
Automate Data Capture–modernize the IT budgeting process with an intuitive experience that saves time, reduces errors, and improves analysis
Align Expense Drivers–aggregate budget line items to quickly identify opportunities to reduce spend or deploy more resources toward strategic programs
Evaluate Variances–implement real-time dashboards that provide critical visibility into funding and project variance
- Automate and streamline budget data capture
- Incorporate tiered, automated approval workflows
- Adaptive budgeting and forecasting configurations
- Import budget line items
- Import actual spend
- Report through tailored dashboards
- Link posted spend to budget and forecasts
- Track changes and modifications to budget
- Track budget iterations until final approval
- Leverage current year budgets to create future year budgets