---
sourceDocument: Xanadu Strategic Portfolio Management
sourceDocumentLink: https://www.servicenow.com/docs/r/xanadu/it-business-management

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    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Configuring SPM Benchmarks

# Configuring SPM Benchmarks {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 1, 2024
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Learn about the process required to set up SPM Benchmarks to view the
comparative understandings on your key performance indicators (KPIs).  
Use the following steps as guidelines for your SPM Benchmarks setup process.

1. Install SPM Benchmarks. For more information, see [Install SPM Benchmarks](https://www.servicenow.com/docs/Kstd_EhxItJ6M6SWF6zZ9w "As an admin, you can install the SPM Benchmarks application (sn_spm_bm) from the ServiceNow Store.The application includes demo data and installs related ServiceNow Store applications and plugins if they are not already installed.").
2. Enable SPM Benchmarks. For more information, see [Enable SPM Benchmarks](https://www.servicenow.com/docs/FNd2kiH66WPpct0dg1t1Eg "Opt in to SPM Benchmarks to participate in SPM Benchmarks data collection for Strategic Portfolio Management KPIs.").
{#configuring-benchmarks__ol_jxr_tbn_fvb}
* **[Install SPM Benchmarks](https://www.servicenow.com/docs/Kstd_EhxItJ6M6SWF6zZ9w)**   
  As an admin, you can install the SPM Benchmarks application (sn_spm_bm) from the ServiceNow® Store. The application includes demo data and installs related ServiceNow® Store applications and plugins if they are not already installed.
* **[Enable SPM Benchmarks](https://www.servicenow.com/docs/FNd2kiH66WPpct0dg1t1Eg)**   
  Opt in to SPM Benchmarks to participate in SPM Benchmarks data collection for Strategic Portfolio Management KPIs.