#servicenow source to pay

[businesssolutionsbyrc]

Optimizing Source-to-Pay Processes with ServiceNow: A Step-by-Step Guide 

Organizations face significant digital procurement challenges in optimizing operations, cost management, and supplier relationship enhancement. This is where the "ServiceNow source to pay" solution becomes a game-changer. Enterprises gain improved efficiency, reduce risks, and complete compliance through digital procurement workflow integration into one central experience.  

Royal Cyber assists enterprises in harnessing ServiceNow capabilities effectively to advance their source-to-pay operations. The blog presents detailed guidance about optimizing source-to-pay processes through ServiceNow's comprehensive capabilities.  

Why Optimize Source-to-Pay with ServiceNow?  

Many organizations struggle with Disconnected procurement systems, causing several operational problems, including human errors, non-compliance issues, and poor visibility control. With ServiceNow source to pay, you can consolidate these processes, automate repetitive tasks, and establish end-to-end visibility.  

Your procurement process optimization through ServiceNow implementation provides six substantial benefits.  

Streamlined sourcing and vendor management  

Improved contract compliance  

Real-time spend analytics  

The system delivers quicker operational periods while lowering overall operational expenses.  

Seamless source to pay integration  

ServiceNow enables organizations to enhance procurement agility with governance by deploying a unified platform for procurement channels, supply management, and invoice payment functions.  

Step 1: Assess Your Current Source-to-Pay Maturity 

Your first step should be determining where your organization stands regarding source-to-pay maturity assessment.  

Every organizational transformation of the Source-to-pay (S2P) process needs a preliminary evaluation of the current setup. Teams need to evaluate their maturity levels across all S2P processes to discover operational areas that need improvement through assessments of sourcing, contract management, supplier relationship creation, and invoice payment stages.  

The evaluation process includes several components that become clear after a thorough audit.  

Manual vs. automated processes  

Visibility into supplier performance  

Contract compliance gaps  

Invoice approval cycle time  

ServiceNow consulting partners like Royal Cyber conduct readiness assessments to chart the best path forward for S2P optimization. 

Step 2: Define Your Source-to-Pay Goals 

Organizational teams function better when they possess clear goals that create alignment between procurement and finance teams and IT departments.  

ServiceNow offers customizable modules that enable organizations to achieve their business targets throughout procurement lifecycle management and vendor payments.  

Typical goals for ServiceNow source to pay operations might include:  

30% reduction in procurement cycle time  

100% visibility into contracts and supplier SLAs  

50% automation of invoice reconciliation  

Your established goals enable you to make correct ServiceNow module picks while developing relevant performance KPIs.  

Step 3: Enable End-to-End Integration  

ServiceNow needs full integration with all current ERP, finance, and supplier systems to demonstrate the most efficient results. Effective source-to-pay integration ensures data continuity and reduces duplicate data entry.  

ServiceNow implements platform integration capabilities for SAP, Oracle, and Workday solutions which support:  

Supplier onboarding and compliance verification  

ServiceNow allows automated workflow sequences to produce and approve purchase requests and orders.  

Integrated contract management  

Real-time budget checks  

The expertise of Royal Cyber includes designing these integration solutions to produce unified procurement ecosystems with increased responsiveness.  

Step 4: Automate Sourcing and Vendor Management 

ServiceNow enables the automation of sourcing together with vendor management functions through  

 Manual vendor sourcing activities lead both organizations to choose inferior suppliers while enhancing risk exposure. The Source Management module from ServiceNow allows procurement members to launch digital RFX events for supplier assessment and vendor selection through configurable scoring parameters.  

Benefits include:  

Centralized supplier repository  

Vendor risk and performance monitoring  

Automated supplier evaluation workflows  

The automated system allows organizations to develop data-driven strategies and take forward-looking actions when sourcing.  

Step 5: Streamline Contract Lifecycle Management 

Contract complexity functions as a significant delay source within S2P operations. ServiceNow's Contract Management solution manages contract versions through automated alert systems, allowing for digital approval routing to simplify the entire contract cycle. 

Advantages of managing contracts via ServiceNow source to pay include: 

Implementing the ServiceNow solution improves compliance with contracts and readiness for audits. 

 Enhanced contract compliance and audit readiness 

Clause-level versioning and approvals 

Searchable contract repository 

Royal Cyber can adapt contract management systems according to specific company structures for risk assessments and approval protocols. 

Step 6: Simplify Procurement Workflows 

All steps of the purchase requisition process, from automated request creation to PO manufacturing and review approvals that lead to goods receipt processing, run through a unified ServiceNow Procurement module interface. The system removes traditional paper-based systems, which enables faster processing of orders. 

Key features: 

Smart approval routing 

A budget validation system operates at the stage of requisition creation. 

Real-time order status tracking 

The result? The combination of shorter wait times, better financial tracking systems, and better management of budgets yields these outcomes. 

Step 7: Automate Invoice Processing and Payment 

The final step of the process consists of building an automated system that processes invoices and handles payments. 

Payment delays and missed early payment discounts are typical results of manual invoice handling. ServiceNow enables organizations to digitize their invoice process through its lifecycle from receipt to approval. 

Capabilities include: 

The system performs three-way matching between purchasing orders and receipts. 

Invoice validation workflows 

Integration with payment systems 

The process leads to accurate processing and compliant payments, enabling rapid payment procedures. 

Step 8: Monitor, Analyze, and Improve 

Once your ServiceNow source-to-pay operations are running, real-time dashboards and reports help measure performance. Take track of operational key performance indicators that cover cycle time, contract utilization, and invoice discrepancies with supplier performance assessment. 

ServiceNow Analytics provides procurement leaders with insights that help their operations. 

Identify savings opportunities 

Flag non-compliance trends 

Forecast future procurement needs. 

Long-term returns on investment stem from your investment, thanks to continuous improvement. 

Why Choose Royal Cyber as Your ServiceNow Consulting Partner?  

Royal Cyber brings deep expertise in implementing and optimizing ServiceNow source-to-pay workflows. We offer end-to-end support, from assessments to optimization, ensuring agile, secure, and strategic solutions 

Our ServiceNow consulting services include:  

S2P maturity assessments  

Source to pay integration with ERP  

Custom workflow development  

Change management and training  

Explore how we helped organizations like yours boost procurement efficiency in our featured blog: 7 Ways ServiceNow Source-to-Pay Boosts Procurement 

 Final Thoughts 

Digital S2P optimization goes beyond technology—it enhances operational excellence. When enterprises standardize all procurement procedures on the ServiceNow platform, they achieve operational efficiencies and real-time control for sourcing activities alongside payment management.  

With Royal Cyber as your ServiceNow consulting partner, your journey to streamlined procurement is backed by innovation, industry experience, and a commitment to measurable results.  

Your organization stands at a pivotal point in transforming its procurement systems. Talk to our experts today or explore our ServiceNow consulting services to learn more. 

[impossiblegardenpeanut]

Unlocking Agile Operations with the Power of Information Cloud

Introduction

In today’s rapidly changing digital landscape, agility is more than a competitive edge—it’s a business necessity. Organizations must be able to respond quickly to market demands, customer needs, and operational disruptions. This is where the Information Cloud comes in, serving as a dynamic foundation for enabling agile operations across all business functions.

The Information Cloud refers to an integrated, cloud-native environment that centralizes data, applications, and services to support fast, flexible, and scalable decision-making. Whether in manufacturing, logistics, finance, or customer service, an Information Cloud empowers teams with real-time insights, collaboration tools, and data-driven automation—transforming rigid processes into responsive, intelligent workflows.

What Is an Information Cloud?

An Information Cloud is a cloud-based infrastructure that brings together data storage, analytics, and communication platforms under one secure, accessible ecosystem. It supports:

Unified data access across departments

Real-time analytics and reporting

Scalable storage and compute power

Seamless integration with business applications

Intelligent automation and AI-driven decisions

Popular platforms enabling this capability include Microsoft Azure, AWS, Google Cloud, and hybrid solutions that blend private and public cloud environments.

Key Benefits of an Information Cloud for Agile Operations:

Real-Time Decision-Making Access to up-to-the-minute data enables faster, more informed decisions, especially during critical business events or disruptions.

Cross-Team Collaboration Cloud-based collaboration tools and shared data platforms help teams work in sync, regardless of location or department.

Operational Flexibility Agile workflows powered by cloud data ensure your business can pivot quickly—adapting to new demands without the need for infrastructure changes.

Cost Efficiency and Scalability Pay-as-you-go models and elastic scaling ensure you only use the resources you need, reducing operational overhead.

Business Continuity and Resilience Cloud-based backups, failovers, and remote access protect operations from on-premise system failures or disasters.

How to Build an Agile Operation with Information Cloud:

Centralize Data Repositories Unify siloed data sources into cloud platforms like Azure Data Lake, AWS S3, or Google BigQuery.

Adopt Cloud-Native Tools Leverage platforms like Power BI, Tableau, or Looker for real-time dashboards and analytics.

Automate Workflows Use services like Azure Logic Apps, AWS Lambda, or ServiceNow for intelligent process automation.

Enable Self-Service Analytics Empower employees with no-code/low-code tools to build their own reports and automate tasks.

Ensure Governance and Security Use built-in cloud controls to maintain compliance, monitor access, and enforce data privacy.

Real-World Use Cases:

Supply Chain Agility: Real-time tracking and predictive analytics enable proactive inventory management and logistics.

Finance and Accounting: Automated reporting and forecasting tools ensure quick insights into cash flow and profitability.

Healthcare Operations: Unified patient records and predictive care management enhance service delivery.

Smart Manufacturing: IoT sensors and cloud analytics optimize production schedules and machine maintenance.

Best Practices:

Start small with one or two cloud-enabled processes before scaling.

Regularly review data governance policies for security and compliance.

Train staff on cloud collaboration tools and agile methodologies.

Continuously monitor performance using integrated dashboards.

Conclusion:

An Information Cloud is more than just storage—it's the digital nervous system of an agile enterprise. By centralizing data, empowering teams with intelligent tools, and fostering cross-functional collaboration, it enables businesses to move faster, respond smarter, and operate more efficiently. Whether you're building smart factories, modernizing back-office functions, or enhancing customer experiences, the Information Cloud equips your organization to lead with agility in a digital-first world.

[isfeed]

ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio

ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of […] © 2024 TechCrunch. All rights reserved. For personal use only. Source:…

[uswanth-123]

X PANDION GRC

Streamlining Governance, Risk, and Compliance: Integrating ServiceNow with SAP GRC

In today’s complex regulatory landscape, ensuring robust governance, risk management, and compliance (GRC) is a top priority for organizations. ServiceNow and SAP GRC are potent tools that can help streamline these processes. Integrating the two can create a powerful combination that optimizes GRC activities, saving time and minimizing risks.

What is SAP GRC?

SAP GRC (Governance, Risk, and Compliance) is a suite of solutions designed to help organizations manage their GRC processes effectively. It includes modules for:

Access Control: Manages user access rights and segregation of duties (SoD) to prevent unauthorized activity.

Risk Management: Identifies, assesses, and mitigates potential risks across the enterprise.

Process Control: Automates and monitors business processes, ensuring compliance with internal and external regulations.

Audit Management: Supports seamless internal and external audit processes.

What is ServiceNow?

ServiceNow is a cloud-based platform that offers a wide range of IT service management (ITSM) solutions. Its solutions extend to other business functions, including security operations, customer service, and HR. ServiceNow’s flexible workflow engine and strong integration capabilities make it a natural fit for automating and streamlining GRC processes.

Benefits of Integrating ServiceNow with SAP GRC

Centralized GRC Management: ServiceNow is a central hub for GRC activities, consolidating information from SAP GRC and other sources providing better visibility and insights.

Automated Workflows: ServiceNow’s workflow engine automates GRC tasks such as access requests, risk assessments, and incident management, improving efficiency and reducing errors.

Improved User Experience: ServiceNow offers a user-friendly interface, enhancing the experience for GRC stakeholders and business users.

Enhanced Collaboration: Integration fosters seamless collaboration between IT, risk management, and compliance teams, promoting a holistic GRC approach.

Improved Decision-Making: Centralized data and automated reporting provide stakeholders with real-time insights to support timely and informed risk management decisions.

How to Integrate ServiceNow and SAP GRC

Integration between the two platforms can be achieved in several ways:

Web Services: Use SAP GRC’s web services and ServiceNow’s REST APIs for real-time data exchange and synchronization.

Middleware: Employ integration middleware for comprehensive, pre-built connectors

Custom Development: Custom integration solutions may be needed for particular requirements.

Use Cases

Access Request Management: Integrate ServiceNow’s access request workflows with SAP GRC’s access control module to automate provisioning and ensure compliance.

Risk Assessments: Trigger risk assessments in SAP GRC based on events and incidents raised in ServiceNow.

Incident Management: Automatically link incidents in ServiceNow to risks and controls in SAP GRC for better context.

Compliance Reporting: Generate compliance dashboards in ServiceNow using data consolidated from SAP GRC and other sources.

Before You Start

Consider these points before beginning your integration project:

Planning: Define clear objectives, integration scope, and use cases.

Governance: Establish a governance model for managing the integration.

Technology: Choose the most suitable integration method (web services, middleware, or custom).

Security: Pay close attention to securing data in transit and user authentication

Conclusion

Integrating ServiceNow with SAP GRC is a strategic decision that pays significant dividends. Harmonizing the two platforms establishes a unified, efficient, and less error-prone GRC framework. This enhances your organization’s ability to mitigate risk, comply with regulations, and make better business decisions.

You can find more information about SAP  GRC in this  SAP GRC Link

 

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[kirnakumar155]

Ariba Integration With Service Now

Streamlining the Source-to-Pay Process: Ariba Integration with ServiceNow

Two powerful tools stand out in modern enterprise resource planning (ERP) and procurement: SAP Ariba and ServiceNow. SAP Ariba is a comprehensive source-to-pay solution that simplifies and automates vendor management, sourcing, procurement, and invoice processing. ServiceNow is a flexible workflow automation platform that drives efficiency across various business functions, including IT, HR, customer service, and procurement.

By integrating these two systems, businesses can unlock benefits that streamline and optimize their procurement processes. In this blog, we’ll dive into the advantages of Ariba integration with ServiceNow and explore practical use cases.

Why Integrate Ariba with ServiceNow?

Single Source of Truth: This integration’s key advantage is creating a single source of truth for procurement data. Ariba is the primary system for vendor information, contracts, catalogs, purchase orders, and invoices. When integrated with ServiceNow, this critical data can flow seamlessly, eliminating duplicate data entry and the risk of inconsistencies.

Improved Workflow Efficiency: ServiceNow’s strength lies in its ability to orchestrate complex workflows across departments. Integrating with Ariba enables automated workflows for tasks such as purchase order approvals, invoice discrepancies, and contract renewals., whicheads to faster processing times and reduces manual efforts.

Enhanced Visibility and Spend Control:  With the data from Ariba flowing into ServiceNow, you have increased visibility into your entire procurement process. Real-time dashboards and reports in ServiceNow give insights into spending patterns, contract compliance, and vendor performance, empowering better decision-making and tighter control over expenses.

Better User Experience: ServiceNow’s intuitive interface provides a convenient access point for procurement-related requests and approvals. Users can initiate purchase requests, track order status, and manage invoices directly within ServiceNow, fostering a seamless user experience.

Use Cases for Ariba Integration with ServiceNow

Automated Purchase Requisition and Approval: ServiceNow users can create purchase requisitions that pull catalog data and contract terms from Ariba. The system then routes the requisition through pre-defined approval workflows, ensuring compliance and timely order placement.

Seamless Invoice Processing: Invoices entered into Ariba can be automatically sent to ServiceNow. ServiceNow can perform matching with approved purchase orders and create the necessary records for payments. In case of exceptions, it routes invoices for clarifications or approval.

Contract Management: Contracts created and managed in Ariba can be automatically synced and accessible in ServiceNow. This ensures all relevant stakeholders have visibility into contracts and provides automated reminders for renewal deadlines.

Technical Considerations

The technical aspect of Ariba and ServiceNow integration often involves the following approaches:

Web Services (REST APIs): Ariba and ServiceNow have robust APIs allowing communication between the two systems. This is often the preferred method for facilitating real-time data exchange.

Integration Platforms: Specialized integration platforms like Workato, Tray.io, or middleware offer visual tools and pre-built connectors that simplify the integration process.

Let’s Wrap Up

Integrating SAP Ariba with ServiceNow transforms procurement into a strategic, data-driven function. Businesses achieve improved efficiency, tighter spend control, and a more streamlined user experience. If you’re utilizing both Ariba and ServiceNow, exploring this integration could be a game-changer for your organization.

You can find more information about  SAP ARIBA in this  SAP ARIBA Link

 

Conclusion:

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[aelumconsulting]

Unlocking the Power of ServiceNow CMDB for Better IT Service Management 

Introduction 

In the fast-paced world of IT service management (ITSM), staying organized and efficiently managing your assets, configurations, and services is essential. This is where the ServiceNow Configuration Management Database (CMDB) comes into play. ServiceNow CMDB is a powerful tool that helps organizations maintain a comprehensive inventory of their IT assets, understand the relationships between them, and streamline various IT processes. In this blog, we'll explore the significance of ServiceNow CMDB and how it can transform your IT operations. 

What is ServiceNow CMDB? 

ServiceNow CMDB is a centralized repository of information about all the assets and configurations within an organization's IT environment. It serves as a single source of truth for your IT infrastructure, enabling you to track, manage, and understand various aspects of your IT landscape. This information can include hardware, software, network devices, applications, and their interdependencies. 

Key Benefits of ServiceNow CMDB 

Improved Visibility: One of the primary benefits of ServiceNow CMDB is the enhanced visibility it provides into your IT infrastructure. By maintaining an up-to-date record of assets, their configurations, and relationships, you can gain a holistic view of your IT environment. This visibility is crucial for decision-making, troubleshooting, and risk management. 

Efficient Change Management: With CMDB, organizations can effectively plan and implement changes in their IT systems. You can assess the potential impact of changes on existing configurations and services, reducing the risk of disruptions and downtime. This is essential for maintaining service continuity and user satisfaction. 

Faster Incident Resolution: When incidents or problems arise, ServiceNow CMDB helps IT teams identify the affected components and their relationships. This accelerates the troubleshooting process, allowing for quicker incident resolution and minimizing service disruptions. 

Optimized Asset Management: Managing IT assets can be challenging, especially in large organizations. CMDB simplifies asset tracking, ensuring that assets are utilized efficiently, and reducing unnecessary expenditures on redundant or underutilized resources. 

Enhanced Compliance: ServiceNow CMDB assists organizations in maintaining compliance with industry regulations and internal policies. By keeping track of configurations and assets, you can demonstrate adherence to compliance standards during audits. 

Streamlined Service Mapping: Creating and maintaining service maps is critical for understanding the relationships between components and the impact of incidents or changes on services. CMDB supports automated service mapping, making it easier to visualize these relationships. 

Implementation Best Practices 

To make the most of ServiceNow CMDB, consider the following best practices: 

Data Quality: Ensure that data entered into the CMDB is accurate and up-to-date. Regularly audit and clean the database to eliminate inconsistencies. 

Relationship Mapping: Pay close attention to mapping relationships between configuration items (CIs). Accurate CI relationships are crucial for incident and change management. 

Automation: Leverage automation to discover and update CIs. Automation tools can help reduce manual data entry and improve accuracy. 

Integration: Integrate CMDB with other ITSM modules and tools, such as incident management, change management, and discovery tools, to maximize its potential. 

User Training: Properly train IT staff on CMDB usage and best practices to ensure that the database is utilized effectively. 

Conclusion 

ServiceNow CMDB is a powerful asset for organizations looking to enhance their IT service management capabilities. By centralizing information about IT assets, configurations, and relationships, CMDB provides a foundation for informed decision-making, efficient change management, and streamlined incident resolution. Implementing CMDB best practices and integrating it with other ITSM tools can help organizations unlock its full potential and drive efficiency and effectiveness in their IT operations. 

In an era where IT infrastructure complexity continues to grow, ServiceNow CMDB is a valuable ally for maintaining control and delivering high-quality IT services. 

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[procurementproceskpi]

ServiceNow Procurement Automation

ServiceNow Procurement Automation is a new feature available on the Now Platform, which aims to make the procurement process more efficient. It offers automation for a number of different procurement tasks, from vendor onboarding to sourcing.

The platform also provides real-time benchmarking, which helps organizations improve their source-to-pay processes. Users can also receive updates on the status of their requests and orders. In addition, the system allows for a variety of different integrations. This includes the ability to tie in data from other systems, including Microsoft Office, SAP Ariba, Coupa Procurement, and Amazon Business.

The interface for ServiceNow Procurement Automation is easy to navigate. Employees can shop for work-related items, and their orders flow right to their vendors. The system also automatically sends order data to an ERP system.

The platform also integrates with various third-party vendors, including Amazon Business and IBM. It can also automate inventory updates and RFPs. Moreover, the service integrates with the world's largest online product catalogs.

ServiceNow's procurement automations are built on the same platform as its workflow automations. This means that the system pulls in all the information it needs to complete a particular task. The interface is simple to use, so it doesn't require users to retrain.

ServiceNow's Procurement Service Management feature is designed to streamline employee requests for help. It gives employees access to the procurement organization anytime, whether they need to purchase a product or request a change in the purchasing policy.

Also Read : real-time benchmarking

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Top quant firms

Top quant firms full#

Top quant firms software#

We asked 16 leading quant firms what happens next. Unlike most prop firms, the company offer trading on all forex and cryptocurrencies, making it a great option for those traders that like to diversify. 4 Acadian Asset Management reclassified some of its strategies the firm previously considered hedge funds, reducing its hedge fund AUM to $614 billion as of June 30, 2021, from $1.2 billion as of the same date a year earlier. If the world’s top quants are right, get ready for another decade of disruption across investing strategies. Surge Trader is a highly respected US prop firm offering forex traders a 75 profit split and funding of up to 1,000,000 after the challenge stage. Definitely looking into others like Tower and DE Shaw. Im interested in: HRT, Two Sigma, Jane Street, DRW, and Vatic specifically, as those are the ones contacting me.

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trendmicro service name full body wax at home Tech daal ventures deloitte servicenow developer salary short friends date pictures of mediterranean homes pappy van winkle buy. I chose Google because nk shop guaranteeds bonus after first year while Google was almost all guaranteed. Shaw Quantitative Management Associates Two Sigma Renaissance Technologies AlphaSimplex Group Capula AQR Capital PanAgora Acadian Asset Management. Search job openings, see if they fit - company salaries, reviews, and more posted by Citadel employees. Quant Strats 2022, previously AI and Data Science in Trading, will bring together the leading minds on quantitative investment strategies, from hedge funds. The 2022 QuantNet ranking is best positioned to help prospective applicants. The actual AUM was $14.7 billion, not $22.8 billion as reported to P&I on last year's survey. Ive been getting interest from many recruiters in the quant space. The 2022 QuantNet ranking of Financial Engineering, Quantitative Finance masters programs in the US provides detailed information on placement and admission statistics from top programs in the country, making it uniquely valuable to the quant finance community at large. 3 Canyon Capital misstated its worldwide hedge fund assets under management as of June 30, 2020. of the worlds most sophisticated hedge funds and asset management firms. Notes: 1 Data are as of J2 Data are from a company source such as a spokesman, website or financial report. Data sets, insights, and news from the worlds leading quant research data. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30, 2021, unless otherwise noted. This is why we are the most respected financial institution in the world - and why we can offer you an outstanding career. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm every day. I have applied so many places and gotten rejected everytime and it feels so good that someone finally recognizes my talent.

Top quant firms software#

For example, they will often only take individuals who have a PhD, with a strong publication record in Mathematics, Physics or Computer Science and who can 'bring something to the table' that they currently dont possess. I got a job offer today and the pay is really good too It's a software engineering summer internship. We are a diverse team of innovators with a commitment to building the best and most respected financial services company, giving back to our local communities and building a healthy, vibrant company that creates opportunities for all employees. The top tier firms are only seeking the absolute best candidates, who possess the strongest technical skillsets. Our Asset and Wealth Management business provides global market insights and a range of investment capabilities for individuals and families, advisors and institutions. Head Hunters/Agencies Eka Finance Emerald Group Ivano Coni Michael Page Nicoll Curtin Proacademics Jobvermittlung Winterthur Selby Jennings SwissLinx. Quant pioneer Renaissance Technologies saw one of the biggest losses in its history from its. Through our Corporate and Investment Bank, we provide banking, markets and investor services, treasury services and more for the world's most important corporations, governments and institutions. For a comprehensive list please see 10 Biggest Quant Funds in the World. Morgan helps businesses, markets and communities grow and develop in more than 100 countries. We have one of the largest quantitative investment teams in the industry with over 40 dedicated portfolio managers, researchers, client portfolio managers.

[likelyyouththing]

Rapid Application Development (RAD) Market Key Trends, Segmentation, Consumption 2023

MarketsandMarkets estimates the global Rapid Application Development (RAD) market to grow from USD 7.8 billion in 2018 to USD 46.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period. The key factors driving the rapid application development market includes increasing need for rapid customization and scalability along with increasing business mobility driving adoption of business smartphones.

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The major vendors offering rapid application development globally include IBM (US), AWS (US), Google (US), Microsoft (US), Oracle (US), Salesforce (US), Appian (US), Mendix (US), Zoho Corporation (India), Kissflow (India), OutSystems (US), LANSA (US), Ninox (US), Oro (US), Matsoft (UK), and Kony (US). Pegasystems (US), ServiceNow (US), WaveMaker (US), KiSSFLOW (India), Radzen (Europe), AmpleLogic (India), FileMaker (US), QuickBase (US), AppSheet (US), and K2 (South Africa).

The study includes an in-depth competitive analysis of the key players in the rapid application development market, along with their company profiles, recent developments, and key market strategies. The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and upgradations; and partnerships, agreements, and collaborations, have been the most dominating strategies adopted by the major players, which helped them innovate their offerings and expand their audience.

Microsoft is one of the major providers of rapid application development platform provider over its Microsoft Azure Cloud. The company’s diverse customer base includes both large and small and medium-sized enterprises. Microsoft majorly adopts both organic and inorganic growth strategies to sustain its leading position in the competitive market. It also invests heavily in R&D activities to strengthen its capabilities and competencies in its core business. PowerApps is a platform-as-a-service that enables creation of mobile apps for Android, iOS, and Windows systems, and also with any internet browser. It is also available as a mobile application so the user can build an app over mobile. Microsoft Azure has already proven successful for a variety of research projects and future enhancements promise to support research in new and exciting ways, as cloud computing continues to evolve. In May 2017, Microsoft launched Azure Cosmos DB, the first globally distributed database service that enables the customer as per the pay-as-you-go method, which help in reducing the cost and enables access to the storage across multiple geographic regions. It is a cloud-based database that supports a multitude of data models and popular query APIs.

Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=252654522

Mendix, is one of the leading providers of cloud-based low-code application development platform. It enables easy integration with third-party software. Mendix users can develop proactive, context-aware smart applications to deliver innovative offerings and create new sources of competitive advantage. Siemens, an industrial manufacturing company, acquired Mendix in October, 2018; this is the largest investment made by an organization in the low-code development category till date. In July 2018, Mendix launched its office in Frankfurt, Germany. The opening of the Frankfurt office in addition to Rotterdam and London indicates the expansion of its reach in the Europe region.

Table of Contents

1 Introduction (Page No. - 17)     1.1 Objectives of the Study     1.2 Market Definition     1.3 Market Scope            1.3.1 Market Segmentation     1.4 Years Considered for the Study     1.5 Currency Considered     1.6 Stakeholders

2 Research Methodology (Page No. - 20)     2.1 Research Data            2.1.1 Research Methodology                     2.1.1.1 Key Industry Insights                     2.1.1.2 Breakup of Primaries     2.2 Market Breakup and Data Triangulation     2.3 Market Size Estimation     2.4 Market Forecast     2.5 Assumptions for the Study     2.6 Limitations of the Study

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)     4.1 Attractive Market Opportunities in the Rapid Application Development Market     4.2 Market By Deployment Model, 2018     4.3 North America Market, By Component and By Type     4.4 Market Share Across Regions

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

[businesssolutionsbyrc]

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Our ServiceNow Partnership 

Royal Cyber, founded on trust, expertise, and shared success, empowers your organization with: 

Cutting-Edge Solutions 

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ServiceNow Expertise 

ServiceNow ITOM: Optimize your IT infrastructure with our deep understanding of IT Operations Management. 

ServiceNow ITAM: Gain control over your IT assets, reduce costs, and enhance compliance with our expertise in IT Asset Management. 

ServiceNow ITSM: Streamline IT service processes and improve customer satisfaction with IT Service Management. 

ServiceNow SPM: Drive business success through efficient resource allocation with Strategic Portfolio Management. 

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[uswanth-123]

Service Now Integration with SAP GRC

Streamlining Governance, Risk, and Compliance: Integrating ServiceNow with SAP GRC

In today’s complex regulatory landscape, ensuring robust governance, risk management, and compliance (GRC) is a top priority for organizations. ServiceNow and SAP GRC are potent tools that can help streamline these processes. Integrating the two can create a powerful combination that optimizes GRC activities, saving time and minimizing risks.

What is SAP GRC?

SAP GRC (Governance, Risk, and Compliance) is a suite of solutions designed to help organizations manage their GRC processes effectively. It includes modules for:

Access Control: Manages user access rights and segregation of duties (SoD) to prevent unauthorized activity.

Risk Management: Identifies, assesses, and mitigates potential risks across the enterprise.

Process Control: Automates and monitors business processes, ensuring compliance with internal and external regulations.

Audit Management: Supports seamless internal and external audit processes.

What is ServiceNow?

ServiceNow is a cloud-based platform that offers a wide range of IT service management (ITSM) solutions. Its solutions extend to other business functions, including security operations, customer service, and HR. ServiceNow’s flexible workflow engine and strong integration capabilities make it a natural fit for automating and streamlining GRC processes.

Benefits of Integrating ServiceNow with SAP GRC

Centralized GRC Management: ServiceNow is a central hub for GRC activities, consolidating information from SAP GRC and other sources providing better visibility and insights.

Automated Workflows: ServiceNow’s workflow engine automates GRC tasks such as access requests, risk assessments, and incident management, improving efficiency and reducing errors.

Improved User Experience: ServiceNow offers a user-friendly interface, enhancing the experience for GRC stakeholders and business users.

Enhanced Collaboration: Integration fosters seamless collaboration between IT, risk management, and compliance teams, promoting a holistic GRC approach.

Improved Decision-Making: Centralized data and automated reporting provide stakeholders with real-time insights to support timely and informed risk management decisions.

How to Integrate ServiceNow and SAP GRC

Integration between the two platforms can be achieved in several ways:

Web Services: Use SAP GRC’s web services and ServiceNow’s REST APIs for real-time data exchange and synchronization.

Middleware: Employ integration middleware for comprehensive, pre-built connectors

Custom Development: Custom integration solutions may be needed for particular requirements.

Use Cases

Access Request Management: Integrate ServiceNow’s access request workflows with SAP GRC’s access control module to automate provisioning and ensure compliance.

Risk Assessments: Trigger risk assessments in SAP GRC based on events and incidents raised in ServiceNow.

Incident Management: Automatically link incidents in ServiceNow to risks and controls in SAP GRC for better context.

Compliance Reporting: Generate compliance dashboards in ServiceNow using data consolidated from SAP GRC and other sources.

Before You Start

Consider these points before beginning your integration project:

Planning: Define clear objectives, integration scope, and use cases.

Governance: Establish a governance model for managing the integration.

Technology: Choose the most suitable integration method (web services, middleware, or custom).

Security: Pay close attention to securing data in transit and user authentication.

Conclusion

Integrating ServiceNow with SAP GRC is a strategic decision that pays significant dividends. Harmonizing the two platforms establishes a unified, efficient, and less error-prone GRC framework. This enhances your organization’s ability to mitigate risk, comply with regulations, and make better business decisions.

You can find more information about SAP  GRC in this  SAP GRC Link

 

Conclusion:

Unogeeks is the No.1 IT Training Institute for SAP GRC Training. Anyone Disagree? Please drop in a comment

You can check out our other latest blogs on  SAP GRC here – SAP GRC Blogs

You can check out our Best In Class SAP GRC Details here – SAP GRC Training

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[kirnakumar155]

Service now Ariba Integration

Streamlining Procurement: The Power of a ServiceNow and Ariba Integration

In today’s fast-paced business environment, organizations constantly seek ways to optimize operations and drive efficiency. One key area where significant gains can be made is procurement. By integrating ServiceNow and SAP Ariba, businesses can create a seamless, automated workflow that revolutionizes how they source, purchase, and manage goods and services.

What are ServiceNow and Ariba?

ServiceNow is a powerful cloud-based platform that streamlines workflows across various business functions, including IT service management (ITSM) and customer service management (CSM).

SAP Ariba is a leading cloud-based procurement solution that facilitates the entire source-to-pay process, enabling organizations to effectively manage their spending, supplier relationships, and contracts.

Why Integrate ServiceNow and Ariba?

Integrating these two powerful platforms unlocks a multitude of benefits for organizations:

Centralized Procurement: Create a single, unified portal for procurement requests, approvals, and tracking accessible within ServiceNow. This avoids disparate systems and manual hand-offs.

Enhanced Visibility: Get real-time insights into spending patterns, supplier performance, and contract compliance across the procurement lifecycle.

Improved Efficiency: Automate repetitive tasks and workflows, reducing errors and freeing employee time for more strategic activities.

Strengthened Compliance: Ensure procurement processes adhere to internal policies and external regulations.

Better User Experience: Provide a seamless, intuitive experience for employees involved in the procurement process.

Critical Use Cases for a ServiceNow and Ariba Integration

Purchase Requisition and Approval: Users raise purchase requests directly within ServiceNow. The integration triggers automated approval workflows in Ariba based on predefined rules.

Supplier Onboarding and Management: Synchronize supplier data between Ariba and ServiceNow, maintaining a consolidated repository of supplier information.

Contract Management: Connect Ariba’s contract management capabilities to ServiceNow to maintain visibility into contract terms, expiry dates, and renewal processes.

Invoice Processing and Reconciliation: Automatically match invoices received in Ariba with purchase orders and receipts in ServiceNow, streamlining three-way matching and payment processes.

Spend Analytics: Combine spend data from Ariba with other operational metrics within ServiceNow for robust reporting and insights to drive better decision-making.

Getting Started

Integrating ServiceNow and Ariba can be achieved in a few ways:

Pre-built Connectors: Some integration platforms offer pre-built connectors to facilitate data flow between ServiceNow and Ariba.

Custom Integration: Utilize the API capabilities of both platforms to build a custom integration tailored to your organization’s specific needs.

Integration Platforms as a Service (iPaaS): Leverage iPaaS solutions to create and manage complex integrations in a low-code, visual environment.

Conclusion

Integrating ServiceNow and SAP Ariba unlocks a powerful combination for organizations looking to streamline procurement processes, boost efficiency, and gain greater control over spending. Seamlessly connecting these systems creates a foundation for intelligent, data-driven procurement that adds strategic value to your business.

You can find more information about  SAP ARIBA in this  SAP ARIBA Link

 

Conclusion:

Unogeeks is the No.1 IT Training Institute for SAP  Training. Anyone Disagree? Please drop in a comment

You can check out our other latest blogs on  SAP ARIBA here – SAP  ARIBA Blogs

You can check out our Best In Class SAP ARIBA Details here – SAP ARIBA Training

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[aelumconsulting]

How To Achieve IT Asset Management Success

Business challenges

How do you manage capital and operational costs, if you don’t know what you have? How do you secure your organization if you aren’t sure what assets are where? How do you know if you’re out of compliance? Are you willing to wait for a government official or big-name vendor to tell you? That could be a costly conversation if it comes attached to a massive fine. In this blog, we will be discussing how you can manage these issues effectively with IT Asset management.

Wasted Spending

Recognizing that a part of present spending is likely going to waste is by far one of the most painful aspects of gaining full control over ITAM. It may be necessary to pay for ITAM software or subscriptions that are no longer in use. Based on actual usage and consumption history, it may mean purchasing more licenses or subscription seats than are actually required. In either case, the result is excessive spending on idle assets that provide little return on investment.

Unnecessary and Avoidable Risk 

The failure to pay or get licenses or subscriptions required to lawfully use specified software or services is the other side of overspending. Overuse of a license can be caused by a variety of factors, including:

Admins who deploy software without first learning the license terms, which vary by publisher and can be fairly complicated.

Using virtual machines or containers to deploy licenses without first comprehending (and then applying) license rules.

Increasing the processing capability of devices without affecting license.

Costs Are Opaque and Unpredictable

Licenses and contracts come and go on a regular basis, each with its own set of terms and restrictions. Vendor or service provider bills arrive at irregular and unpredictable intervals if they are not handled. Cost increases, changes in usage terms or costs, or variations in consumption levels make it difficult to analyze and consolidate expenditures.  

Proposed Solution

The solution for all these challenges will be the use of ServiceNow IT Asset management effectively.

What is  IT Asset Management?

ITAM is best understood as a set of business practices built around record-keeping (and maintenance). It combines and deals with contractual functions, discovery and inventory, and financial activities. On one hand, IT Asset Management software seeks to accommodate and represent all the various contracts for licenses, subscriptions, and services (such as SaaS applications) within an organization in a coherent and consistent way.

On the other hand, ServiceNow ITAM also looks out onto an organization’s networks to sniff out, discover, and compile as complete a list as possible of what IT assets it actually sees in use, along with who’s using them, what for, how long, and so forth. Finally, IT Asset Management software also tracks financial activities around those assets—including costs of acquisition, licensing, upgrades, maintenance, and so on. Simply by assembling, combining, and correlating these three bodies of data, ITAM helps to create a current and consistent record of IT assets within an organization. 

Software asset management (SAM)—best understood as part of the overall IT Asset Management  software practice—works best when all its elements come together under a single software umbrella. Such a platform handles record-keeping and interfaces with multiple organizational units and departments.

Why do customers choose ServiceNow SAM?

ServiceNow SAM can automatically distribute key data from the CMDB. This becomes your single source of truth, a valuable asset for decision-making that can be shared across the enterprise. An investment in ServiceNow SAM means you have one central source, a single architecture solution, that can deliver crucial software data to the business via digital workflows. Improved asset control also means you’re in a better position to derive value from those investments. Even SaaS can be monitored and optimized through ServiceNow SAM. The bottom line is that ServiceNow SAM can help an organization pare back spending while optimizing usage with right-sized purchases. These real savings occur for on-premises and cloud-based services, too.

Introducing the CMDB

The configuration management database (CMDB) is an important source of information about an organization’s systems, and it supports critical IT service management functions such as problem management and change management. The CMDB helps IT resolve issues more effectively by answering the proverbial first question in troubleshooting: “What was the last thing you changed?”

What does ITAM do for the business?

Compounding Cost Savings

ITAM can assist firms in reducing waste and overspending by removing excess, unused, or unwanted assets from their asset inventory.

ITAM can also help with:

Maximize the useful life of individual IT hardware assets by helping to identify when preventive maintenance is needed, and keep records of completed preventive and corrective maintenance

Keep track of service and support contracts for important hardware assets to ensure they don’t expire.

To assist businesses in planning and budgeting for hardware replacement, keep track of EOL and EOS dates.

Identify any unused hardware, such as new inventory, parts and spares, pooled equipment, and unallocated resources, that could be assigned or deployed.

Simplifying ITSM

ITAM automates and simplifies ITSM. ITAM can help IT deliver a superior service management experience for your users when they need it most. By automatically pre-populating the ITSM portal or service desk dashboard with asset and user information, users and support staff can focus on describing and resolving the actual incident or problem. Anything you can do to make it easier to create a service desk ticket and get to a resolution quicker will help your users stay productive and reduce frustration.

Minimizing Risk

ITAM assists firms in a variety of ways to reduce risk. One of the more obvious areas where ITAM may assist firms in risk management is software license compliance. Managing financial risk, in particular, due to non-compliance penalties, hold-up buying (“true-up” or else—list price, no discounts), and overspending, are all closely related (unused entitlements).

Software Spend Detection

Software spend detection can help you spot inefficient “shadow IT” purchases (“Why is marketing paying more for project management software that operations use?”). can unearth overlapping software capabilities in many applications (“Why do we have five different file sharing apps and three different project management tools?”). There are indirect cost savings, such as increasing interoperability and productivity across teams, workgroups, departments, and business units.

Conclusion

IT Asset Management isn’t an afterthought in IT; it’s at the heart of your business. You’re essentially flying blind without good ITAM, not knowing if you’re losing money or putting the business at risk due to security or compliance problems. And flying blind will almost always result in a crash. It doesn’t have to be that way, though. With adequate ITAM in place, you can rest assured that you’re tracking every piece of hardware and software in your business and that you’ll be able to present whatever is required when the auditors arrive. You have perfect 20/20 insight into the IT assets that keep your organization running every day, rather than flying blind. 

For More Details And Blogs : Aelum Consulting Blogs

If you want to increase the quality and efficiency of your ServiceNow workflows, Try out our ServiceNow Microassesment.

For ServiceNow Implementations and ServiceNow Consulting Visit our website: https://aelumconsulting.com/servicenow/

[likelyyouththing]

Rapid Application Development (RAD) market Research Analysis and Potential of Market from 2020-2023

MarketsandMarkets estimates the global Rapid Application Development (RAD) market to grow from USD 7.8 billion in 2018 to USD 46.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period. The key factors driving the rapid application development market includes increasing need for rapid customization and scalability along with increasing business mobility driving adoption of business smartphones.

Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252654522

The major vendors offering rapid application development globally include IBM (US), AWS (US), Google (US), Microsoft (US), Oracle (US), Salesforce (US), Appian (US), Mendix (US), Zoho Corporation (India), Kissflow (India), OutSystems (US), LANSA (US), Ninox (US), Oro (US), Matsoft (UK), and Kony (US). Pegasystems (US), ServiceNow (US), WaveMaker (US), KiSSFLOW (India), Radzen (Europe), AmpleLogic (India), FileMaker (US), QuickBase (US), AppSheet (US), and K2 (South Africa).

The study includes an in-depth competitive analysis of the key players in the rapid application development market, along with their company profiles, recent developments, and key market strategies. The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and upgradations; and partnerships, agreements, and collaborations, have been the most dominating strategies adopted by the major players, which helped them innovate their offerings and expand their audience.

Microsoft is one of the major providers of rapid application development platform provider over its Microsoft Azure Cloud. The company’s diverse customer base includes both large and small and medium-sized enterprises. Microsoft majorly adopts both organic and inorganic growth strategies to sustain its leading position in the competitive market. It also invests heavily in R&D activities to strengthen its capabilities and competencies in its core business. PowerApps is a platform-as-a-service that enables creation of mobile apps for Android, iOS, and Windows systems, and also with any internet browser. It is also available as a mobile application so the user can build an app over mobile. Microsoft Azure has already proven successful for a variety of research projects and future enhancements promise to support research in new and exciting ways, as cloud computing continues to evolve. In May 2017, Microsoft launched Azure Cosmos DB, the first globally distributed database service that enables the customer as per the pay-as-you-go method, which help in reducing the cost and enables access to the storage across multiple geographic regions. It is a cloud-based database that supports a multitude of data models and popular query APIs.

Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=252654522

Mendix, is one of the leading providers of cloud-based low-code application development platform. It enables easy integration with third-party software. Mendix users can develop proactive, context-aware smart applications to deliver innovative offerings and create new sources of competitive advantage. Siemens, an industrial manufacturing company, acquired Mendix in October, 2018; this is the largest investment made by an organization in the low-code development category till date. In July 2018, Mendix launched its office in Frankfurt, Germany. The opening of the Frankfurt office in addition to Rotterdam and London indicates the expansion of its reach in the Europe region.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com