Are you struggling with low ROI from your ServiceNow investment?

inMorphis, a ServiceNow invested company, can boost ROI tracking by 50% and speed up decision-making by 40% with its real-time analytics, seamless integration, and robust documentation. Read the blog to know how!

Digital business transformation can be overwhelming, with companies struggling to realize value from their investments. Misaligned goals, lack of agility, and outdated processes often stall progress. For providers, unlocking true value requires addressing these pain points and delivering measurable, strategic outcomes that drive sustained success in an evolving digital landscape.

To achieve this, the organization must unite behind a strategy they fully support and endorse.

Further, inMorphis, a ServiceNow-invested company, can help you boost your ROI by 50% and speed up decision-making by 40% with its real-time analytics, seamless integration, and robust documentation. Read the blog to know how!

Navigating the Pitfalls: Overcoming Value Realization Challenges


Value realization in digital transformation faces the following challenges that must be solved to achieve success:

  • Maintaining Focus on Value Over Time: In long-term projects, the concept of value realization often gets lost as focus shifts to implementation.

For example, a company might initially aim to reduce operational costs but later get bogged down in integrating new software, losing sight of the cost-saving goals.

 

Another example is a project designed to improve customer service, which can become overly focused on deploying new CRM systems, neglecting the original objective of enhancing customer satisfaction.

  • Misaligned Operational Paradigms: Existing operational models may not support value creation, leading to inefficiencies and delays.
  • Inadequate Documentation: Lack of sufficient documentation on value creation makes measuring and demonstrating success a problematic task.
  • Ineffective Monitoring Frameworks: Metric misalignment and the absence of ways to gauge the effectiveness of initiatives may hide the actual value of the spending during digital transformation.
  • Budget Prioritization Over Value: Unfavorable circumstances, such as the extension of agreed-upon deadlines, significantly increase the likelihood of managers focusing on the time constraints rather than the value being generated.

Unlock the Secrets of Value Realization with inMorphis

Key benefits of implementing value realization with inMorphis are as follows:

  • Continuous Value Tracking: inMorphis offers comprehensive solutions that keep value at the heart of your digital transformation journey. Real-time analytics and reporting tools ensure that the focus on value remains strong throughout project execution
  • Aligning Operational Models: inMorphis is an integrated platform that aligns with your existing operational paradigms, ensuring integrated value production throughout the processes. These aligning operational models assist in uniting and automating strategic goals for the smooth running of the business.
  • Enhanced Documentation: When using inMorphis’ solutions, one can easily attain powerful document management features that keep track of value deliveries very keenly. It also makes it easier to point to success and facilitate the issuing of reports during digital transformation.
  • Effective Monitoring and Assessment: The approach to monitoring and the built-in frameworks and dashboards enable the real-time tracking of key performance indicators (KPIs). This creates a positioning for the organization's goals that will allow assessment and realignment of investments
  • Balanced Focus on Value and Budget: It ensures value retention by directly linking it to value tracking, with financial instruments facilitating favorable risk analysis throughout the project lifecycle.

Significant benefits result from matching operational KPIs or measures to organizational goals. These include a 25% increase in time to market and a 40% decrease in Total Cost of Ownership (TCO).

Why Invest in Value Realization with inMorphis?

ServiceNow integration provides you with the tools to determine what your success looks like for your business. By adequately positioning cloud strategies and business goals, inMorphis removes uncertainty and confusion from your transformation journey. Statista 1 reported that 34% of American companies had strategic objectives to improve resilience and flexibility in 2021.

With all the new features of inMorphis, a ServiceNow-invested company, you can build a team that understands change management’s technical and strategic perspective.


Case Study

One of the leading enterprises sought to improve its digital business processes by optimizing ServiceNow integration. However, they encountered several challenges, including:

  • Delayed Time-to-Market: The enterprise struggled to deploy new enterprise applications quickly, mainly when there was the need to do it within a short time, thereby escalating costs
  • Slow Application Updates: The previous practices of releasing new features and updating applications were slow, which affected organizational flexibility
  • Underutilized IT Resources: A large part of the IT service staff was engaged in tiresome and monotonous work, which limited the time they had for designing and implementing new ideas.

Solution

To address ROI issues, the enterprise enlisted a Consulting Firm to conduct a Total Economic Impact (TEI) study. The goal was to evaluate the potential benefits of integrating ServiceNow with inMorphis.

Strategic Value Assessment utilized a comprehensive evaluation tool to measure ServiceNow's utilization by the enterprise, identifying inefficiencies and value opportunities. Additionally, inmorphis is also walking on the same path and providing services with the utmost excellence. That’s why you can also choose them.

The TEI study led to a focused optimization plan, increasing application deployment rates, speeding up updates, and reducing the need for labor-intensive IT tasks. Continuous monitoring and implementation ensured that the enterprise could sustain these gains over time.

Value Outcomes

ServiceNow integration resulted in substantial business benefits for the enterprise. You can also experience these results through inmorphis. These results are:

  • 50% Faster Time-to-Market: The enterprise was able to launch new applications in half the time, reducing costs by one-third compared to alternative solutions.
  • 2.5x Faster Application Updates: By optimizing release and delivery processes, the enterprise achieved a 2.5x increase in the speed of application updates.
  • 15% Repurposing of IT Staff: Automation of manual tasks allowed the enterprise to reassign 15% of its IT service staff to more strategic, value-driven work.

If you are seeking similar performance for your enterprise, you can choose ServiceNow integration through inmorphis.

Conclusion

Investing in services from inMorphis, a ServiceNow- invested company, streamlines digital business transformation where you gain clear direction, more substantial team alignment, and measurable success, making your transformation journey smoother and more effective. Embrace all new services from inMorphis to unlock the full potential of your digital transformation.

References

1. Statista (https://www.statista.com/statistics/1245661/cloud-value-business-goal-realization-united-states/)
2. Case study (https://www.servicenow.com/community/in-other-news/new-study-driving-digital-transformation-and-business-value-with/ba-p/2274374)