Nicus FMDB for IT Asset Management (ITAM) provides ServiceNow ITAM customers with accurate and defensible total cost of ownership (TCO) data for assets.
Using an out of the box ITAM cost model, FMDB can calculate the TCO for each phase of the lifecycle of an asset, configurable by asset category. Finance data, including the fixed asset list can be imported from finance and auto-mapped to the ITAM asset list. Use the ITAM labor and task rate cards or calculated labor costs configured within FMDB to get to the true TCO.
Consumers can access accurate total cost of ownership asset data directly within the ITAM Asset TCO dashboard (new in Washington release) to see asset expense distribution breakdown by phase, including how TCO has trended over time.
Improve cost efficiency, align technology to strategy and make faster decisions directly within the ServiceNow ITAM application using FMDB for IT Asset Management.
Experience the power of FMDB for IT Asset Management with a free 30-day trial. Expert-led onboarding ensures rapid implementation, allowing you to achieve value within days.
Nicus is an award-winning Technology Business Management and IT Financial Management provider recognized by Gartner and with enterprise clients across a range of industries.
- Seamless on-platform integration between the Nicus FMDB and Asset Management.
- Gain insights into the cost of assets with a breakdown of costs by the phases in the asset lifecycle.
- Standard cost model driven by actual spend from the General Ledger (GL) supplied by Finance.
- The protection policy on application code objects have been updated.
- Minor bugs have been resolved.
- Nicus FMDB – Financial Management Database 1.0.1 or later
- Hardware Asset Management 10.0.0 or later
- Fiscal Calendar plugin