ServiceNow for Small Business

As a small business thrives
in a competitive market, a lack of smooth and secure operations can lead to many challenges and failures. Failing to cope with the fast-changing technical environment and sticking to the old ways of business management is one of the most common mistakes small businesses and startups make. And later, with time, they fail to manage risks, drive growth, and, as a result, fail to succeed as a business. 

The best and easiest way for small businesses to boost their operations, desk functionality, technical management, and support systems is by switching to a PaaS or a Platform-as-a-Service system. According to recent statistics, the PaaS market is expected to reach over 176 U.S. billion dollars by 2024; this proves how rapidly businesses worldwide are switching to cloud-based platforms for enhanced security and operations. 

From optimization to automation of processes, AI-driven PaaS platforms are the future of organizational efficiency. Platforms like ServiceNow help small businesses get a secured and personalized platform that can be used to optimize processes, store data, automate tasks, and so much more. Learn more about servicenow for small business below. 

What is ServiceNow and Why is It Popular?

A company that has gained a lot of popularity over the years for creating an AI-driven, multifunctional Platform-as-a-service, ServiceNow is an AI-driven, cloud-based platform that helps bridge the gap between employees, IT, customers, and business objectives. The platform helps to automate multiple workflows and boosts management and operations. 

Not just for bigger and more profitable organizations, it is equally beneficial to choose servicenow for small business to achieve operational efficiency and streamlined workflow management. ServiceNow creates equal opportunities for businesses of all types and sizes who want to optimize their digital workflows and achieve operational excellence.

The reason why ServiceNow is trending globally is its ease of use. ServiceNow offers a user-friendly interface through its PaaS approach. Departments, teams, and offices can easily communicate and collaborate, and businesses can easily automate tasks and make use of multiple low-code tools to ensure smooth management and operations.

Another reason why ServiceNow is considered convenient for businesses of all sizes is its ability to sit atop existing systems. There is no need to replace existing systems to achieve a digital transformation, as ServiceNow utilizes existing systems and data for operations. It helps create a scalable and secure intelligent platform for the business and employees and promotes a healthy ecosystem of work and growth. 

What ServiceNow Can Do for You?

This is a very common concern for users who are not familiar with the platform. There are many things ServiceNow can do for your small business, starting from introducing a digital approach for your business to enhancing customer service; let's find out in detail:

Automate Tasks

Through its Automation Engine tool, ServiceNow helps businesses automate their tasks and processes. From automating workflows to connecting different systems altogether, the intelligent technologies of the platform boost operational efficiency. 

Enhance System Security

Every business demands a common secure platform for all operations and storing employee data. ServiceNow takes the worry away as it is a secure, fast-paced, user-friendly platform with multilayer encryption and automated security control. 

Upgrade ITSM

You get to work in an ITSM framework that makes managing workflows and processes easier. This ITSM approach also helps in achieving business goals faster. 

Improve Customer Service

ServiceNow helps you focus on customer experience and services through its customer service management (CSM) tool. And undoubtedly, happy customers mean a healthy, growing business. 

Enhance HR Service Deliveries

You also get a chance to enhance the productivity of your business as ServiceNow helps streamline HR processes and deliver quality service to employees. In this way, good relations are built, and employee service experiences are enhanced. 

Better Asset Management

Managing assets is the key to achieving organizational success, and ServiceNow, through its IT asset management tools, makes it easier for you to boost the productivity and lifecycle of assets. 

Market Growth Rate 

World-renowned companies from different industries have relied on their trust in ServiceNow and achieved new heights. Similarly, servicenow for small business has proven equally efficient in driving growth. Seeing the popularity and increase in demand for ServiceNow among global organizations, the success rate of the company is quite predictable.

With the launch of the latest Q4 quarter in 2024, ServiceNow expects accelerated growth by 26%, with a global valuation reaching 2.437 billion. In 2024, the company recorded the highest revenues in the month of February, and by year-end, the market trends expect the company to set more new high records. Therefore, ServiceNow is growing at the fastest rate in the global market and will continue to do so.  

Challenges Faced Prior to Using ServiceNow

Encountering challenges in a business is very common. Especially for a small business, the list of challenges and issues is always long. Thriving in the competitive market and driving growth becomes the most challenging, but what is often overlooked by small businesses is their issues in management and operations. Thanks to servicenow for small business, with no or low-code development features, businesses can build their applications for completing less complex tasks and ensure smoother workflow management. The three most common challenges that businesses faced before using ServiceNow can now be effectively resolved. The platform can now help businesses solve their issues with the following:

• Operations Management
• Case Management and
• Service Management (Enterprise)

Benefits of Using ServiceNow

ServiceNow is an incredible platform for businesses seeking opportunities to upgrade their systems and welcome advanced digital transformations. From larger enterprises to servicenow for small business, switching to this cloud-based secured platform can benefit in many ways, such as:

• Faster, automated workflows
• Freedom to optimize your business processes
• Enhanced system security
• Seamless integration
• Enhanced communication and customer services
• Efficient task management
• Boosted productivity and growth
• Enhanced IT asset management and incident management 

Top ServiceNow Products

ServiceNow is praised by businesses worldwide for its exceptional products that make operations and management tasks easier. From developing applications to creating automated tasks, this single cloud-based platform is a one-stop solution for businesses of all sizes. The best products of ServiceNow include:

or IT Service Management product is designed to help your business deliver quality IT services. This product enables you to create better experiences and boost the productivity of your teams. As a result, you can proceed at a faster pace and quickly resolve issues that come along the way. 

HR Service Delivery

The key to improving your business productivity lies within this product. HR Service Delivery helps you optimize processes, improve human relations within the enterprise, introduce intelligent self-service features, and focus more on employee interactions and requests. 

IT Operations Management

The IT Operations Management product helps your business automate resolutions, track workflows, minimize user impact, boost remediation through predictive AIOps, and much more. As a result, your business achieves operational efficiency. 

App Engine

Automating workflows becomes easier when your developers get a chance to build low-code applications for automating tasks. This product simplifies application development for your developers and gives them opportunities to deliver streamlined experiences. 

Customer Service Management

You can pay more attention to customer experience with CSM. This product helps your business take customer service to the next level through quick, automated response and AI-powered self-service. You can also easily resolve issues with intelligent chatbots powered by AI. 

Automation Engine

With an approach to hyper-automation, the Automation Engine product is designed to help your business reduce human efforts and fully automate your day-to-day operations. This product can quickly connect with every system your business uses and boost workflows. The best part about this product is that it does not require coding knowledge to operate. 

Field Service Management

Field services are of equal importance to create a better customer experience. Through Field Service Management, your employees and customers can stay connected within one integrated system. This product helps your business accelerate productivity and efficiently automate and manage field service tasks. 

Workplace Service Delivery

This product is crucial for your business to deliver top-notch digital services to customers. Workplace Service Delivery helps your business create an ideal workplace platform where every tool and service is easily accessible. You can create a unified portal for your employees and easily monitor their progress. 

Strategic Portfolio Management 

Your business can gain more visibility across the world through strategic portfolio management. From delivering outcomes with confidence to making the best business decisions to achieve your goals, everything becomes easier to manage under this single platform that ServiceNow offers. 

IT Asset Management 

ITAM, or the IT Asset Management product, is the key to managing all your IT assets efficiently through a single cloud-based platform. You can easily optimize IT asset lifecycles, control costs, minimize risk factors like leases, and gain more insights on managing these assets like business leaders. 

Companies and Industries ServiceNow will Benefit

ServiceNow is an ideal platform for any business seeking a digital approach and operational efficiency. To cope with the ever-changing trends and demands of the industries, having a reliable platform to work on is crucial, and ServiceNow provides that secure space to companies globally. Through its single, cloud-based platform, ServiceNow fulfills every business demand that is necessary to achieve scalability and growth. 

No matter the size of the business, it is as beneficial for bigger companies as servicenow for small business. Industries that can primarily benefit from ServiceNow are:

• Information Technology
• Telecommunication and Media
• Healthcare
• Production 
• Educational Institutes
• Utility and Energy 
• Retail Service
• Government Organizations
• Non-Profit Organizations 

Today, ServiceNow is trusted by hundreds of companies globally. And its popularity keeps on increasing as several businesses have achieved growth and success through this platform. Some of the notable companies around the world that are global leaders and rely on ServiceNow are Coca-Cola, Mircosoft, JP Morgan Chase, MGM Resorts, Accenture, Adidas, Cengage Group, ElectraNet, KPMG, and many others.

Conclusion

ServiceNow is consistently playing a significant role in today’s fastest-growing digital world. It helps small businesses transform into bigger names, and bigger names break more records in the future through optimized workflows and boosted productivity. 

ServiceNow is helping small businesses go beyond their capabilities and achieve success in new ways every day. If you are a small business suffering from a lack of growth and operational issues, ServiceNow is your way to achieving a more scalable business with growth and enhanced customer experience. This single platform is enough to streamline your business processes and pave the way for improved service management. 

FAQ's

Is ServiceNow a CRM tool?

No, ServiceNow is not a CRM (Customer Relationship Management) tool; instead, it is considered an efficient PaaS platform offering ITSM or IT-Service Management. However, ServiceNow has a customer service management product that can help your business improve its overall customer experience.

Can ServiceNow be used in mobile?

Yes, you can use ServiceNow's Mobile Agent to get regular updates on records, work without needing an internet connection, coordinate and communicate with your co-workers, and also track your current location. The ServiceNow Mobile Agent is well-supported for Android and iOS devices. 

Is ServiceNow an application or a system?

ServiceNow is neither an application nor a system; it is a multifunctional Platform-as-a-Service that makes business operations and management smooth. 

Which is the latest version of ServiceNow?

The latest version of ServiceNow is the "Q3 2023" that was released in Vancouver. Sources predict that the upcoming version will be a Washington DC release and is expected to be launched by March 2024. 

Which companies use ServiceNow?

ServiceNow is globally popular and has trusted clients with big names like Accenture, Deloitte, Aegis, Allianz, IBM, Adidas, DXC Technology, Bank of Ireland, Nike, Comcast, Pfizer, and many others.

Sources:

https://explodingtopics.com/blog/ai-statistics 

https://www.servicenow.com/what-is-servicenow.html 

https://redresscompliance.com/what-exactly-does-servicenow-do/ 

https://plat4mation.com/servicenow/everything-you-need-to-know-about-servicenow/ 

https://www.31west.net/blog/what-is-servicenow-used-for/ 

https://itcompanies.net/blog/servicenow-benefits 

https://cyntexa.com/blog/what-is-servicenow/ 

https://www.techzine.eu/blogs/applications/115249/how-a-small-service-provider-chose-for-servicenow/ 

https://www.linkedin.com/pulse/servicenow-software-development-small-businesses-fstrc/ 

https://www.31west.net/blog/benefits-of-using-servicenow-for-your-business-operations/  

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