AoraNow Co., Ltd., headquartered in Chuo-ku, Tokyo, has announced the launch of advanced IT financial management (ITFM) solutions tailored for Japanese enterprises. This initiative is a result of a strategic partnership with Proven Optics, a U.S.-based provider of ITFM solutions. Operating on the ServiceNow platform, the new solutions aim to modernize and enhance IT financial operations, contributing to the digital transformation of businesses in Japan.

Key Highlights of the Partnership

1. Leveraging the ServiceNow Ecosystem

• ServiceNow’s Expanding Reach: The platform is growing rapidly worldwide, providing businesses with powerful tools for digital workflows.
• AoraNow’s Commitment: AoraNow brings innovative solutions from global ServiceNow ecosystem partners to the Japanese market to address customer challenges more effectively.

2. Proven Optics’ Expertise in IT Financial Management

• Proven Optics offers native ITFM solutions built on ServiceNow, providing:
  • Enhanced visibility into IT spending.
  • Automated budgeting and cost recovery.
  • Streamlined processes for invoicing, chargeback, and IT financial modeling.
• These tools empower IT and finance leaders to make data-driven decisions at the executive level, ensuring effective management of applications, services, and product portfolios.

How the Partnership Benefits Japanese Enterprises

1. Modernizing IT Financial Management

• The integration of Proven Optics’ solutions with AoraNow’s expertise in the Japanese ServiceNow market offers a comprehensive suite of tools to:
  • Automate complex IT budgeting tasks.
  • Enhance transparency in IT spending.
  • Simplify cost allocation and chargeback processes.

2. Driving Digital Transformation

• By improving financial decision-making processes, these solutions will accelerate the digital transformation of Japanese enterprises.
• The collaboration also supports the modernization and efficiency of IT operations, ensuring businesses stay competitive in a rapidly evolving technological landscape.

Proven Optics ITFM Solution Suite

The Proven Optics suite includes:

1. IT Financial Modeling: Helps organizations simulate different financial scenarios for better planning.
2. Budgeting Solutions: Simplifies budget creation and approval processes for IT departments.
3. Invoicing and Chargeback: Streamlines the recovery of costs from internal and external stakeholders.
4. Data-Driven Decision Support: Provides actionable insights into IT spending to align with business goals.

Statements from Leadership

Tomoyuki Azuma, President and CEO of AoraNow:
“We are thrilled to partner with Proven Optics to deliver advanced IT financial management solutions to Japanese enterprises. By combining their domain expertise with our local experience, we aim to transform IT operations for our customers and support their journey toward digital excellence.”

Ben Perkins and William Miller, Co-CEOs of Proven Optics:
“Our collaboration with AoraNow extends the reach of our ITFM solutions into a key global market. Together, we are equipping Japanese businesses with the tools needed to optimize their IT financial management and make informed, data-backed decisions.”

AoraNow’s partnership with Proven Optics represents a significant step forward for Japanese enterprises seeking to modernize their IT financial management systems. With solutions built natively on the ServiceNow platform, this collaboration provides enhanced transparency, efficiency, and automation, empowering businesses to stay ahead in their digital transformation journeys.