---
sourceDocument: Australia Asset Management
sourceDocumentLink: https://www.servicenow.com/docs/r/australia/it-asset-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Configure

# Configuring AI Cost Management {#ariaid-title1}

Release version: Australia  
Updated September 25, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
Configure the AI Cost Management application so that you can track usage and monitor spend across your AI services.

## Configuration overview {#configuring-ai-cost-management__cf-config-parent-checklist}

* [Install AI Cost Management](https://www.servicenow.com/docs/B5wn43OjEWipZYMiQcatFA "You can install the AI Cost Management application (sn_itam_aicm) if you have the admin role..")
* [Integrating with AI providers](https://www.servicenow.com/docs/PmyvF_beT5dgClvf5oUIzA "You can integrate with AI providers to track and monitor spend and usage for your AI accounts. Use this information to maintain AI budgets and optimize costs.")
* [Set up an AI spend limit](https://www.servicenow.com/docs/XqlqIjhsSxlcutCKquzgxQ "Spend limits define the maximum amount of consumption AI spend permitted each month. Align this spend limit with your organization's AI budget thresholds.")
{#configuring-ai-cost-management__ul_oky_kpl_clc}