City of Seattle Tackles IT Centralization and Gains 3,000 Hours Annually with Nicus

Like many other State and Local Government entities, the City of Seattle’s Central IT division was managing the IT planning process (including budgets, forecasts, and actuals) in Excel spreadsheets. The team was faced with multiple challenges including time-consuming budget adjustments, difficult data gathering, and complex and burdensome spreadsheets (often emailed back and forth). So Many...

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Excel Jockey or Financial Analyst? How to do more with your IT Finance data.

Today’s high performing companies know data is king. However, all too often with big data comes big headaches. Forward thinking companies recognize the tremendous value in having a cache of data to aid in tracking, budgeting and forecasting, but finding the right solution to manage and use the data effectively can present a challenge. For...

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4 Ways Corporate Planning Tools Prevent Best-in-Class IT Budgeting and Forecasting

IT organizations at high performing companies are backed by world-class IT budgeting and forecasting processes. The financial teams behind these processes achieve tremendous budgeting and forecasting performance: maintaining budget and forecast accuracy within three percent variance; completing monthly close cycles within two days; and expanding their monthly forecast process beyond two rolling years. They also...

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Nicus Software Appoints John Clark as Chief Executive Officer

Salem, VA — (ReleaseWire) — 11/06/2018 –Nicus Software, Inc., a leading provider of IT Financial and Technology Business Management solutions, today announced that John Clark has been named Chief Executive Officer and member of the Board of Directors. Clark has more than 20 years of senior leadership experience, most recently as President at Snow Software,...

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How AmFam Reduced TCO Analysis from Weeks to an Hour

In 2015, American Family Insurance (AmFam) launched a strategic initiative partnering Corporate Finance and Information Services divisions to improve IT intelligence and deliver better IT investment decisions. At the time, the AmFam team was logging extensive overtime, working nights and weekends to manage information requests from business partners and perform critical total cost of ownership...

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Key #5 to a Winning ITFM Implementation: Balance of Precision & Simplicity

An ITFM implementation can have its challenges, for example: accepting your data is “good enough” to get started and other obstacles including “precision traps.” Many ITFM implementations are plagued with these efforts to achieve an attractive, but unnecessarily high degree of precision, which adds difficulty to the project without significant value. The litmus test for...

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