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How to Secure ITFM Program Buy-in with a Solid Business Case

Posted December 2, 2019

The first, and arguably the most important, step in launching an ITFM program is to gain internal buy-in across both ...

Cost Optimization IT Cost Transparency IT Leadership

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Customer Insights: 3 Key Takeaways from GuideWell’s Path to ITFM Maturity

Posted November 19, 2019

In a 1-hour “fireside chat,” GuideWell’s IT BMO, Ginger Allen, shared several valuable insights from her ...

IT Cost Transparency IT Leadership

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Customer Insight: Erie Insurance’s Cost Transparency Journey

Posted November 12, 2019

We sat down with Nick Kaliszewski, Director of IT Finance at Erie Insurance, to discuss the key inflection points of ...

IT Cost Transparency Planning, Budgeting & Forecasting Showback & Chargeback

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IT Leadership: Are You Playing Defense or Offense?

Posted November 7, 2019

As CIO, are you and IT in a strong, offensive position? Or are you often defending or playing catch up? At Gartner ...

IT Leadership

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[Webinar] Changing the Value Conversation: A “Fireside Chat” with Thavron Solutions and GuideWell

Posted November 7, 2019

How do you shift from defending your IT budget to focusing on the value IT brings to the table? Listen in on the ...

IT Leadership Partner Insights

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[Case Study] State IT Agency Simplifies Cost Allocation to Gain Visibility and Trust

Posted October 29, 2019

In response to a set of increasingly burdensome operational inefficiencies, a state IT agency responsible for $60+ ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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6 Rules for Long-term Showback or Chargeback Success

Posted October 22, 2019

In recent weeks, we've covered two crucial topics around the process of building a new showback or chargeback model: ...

Bill of IT Service Cost Modeling Showback & Chargeback

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[Case Study] Fortune 500 Insurance Firm Reclaims 2,000 Hours while Elevating IT’s Strategic Position in the Business

Posted October 16, 2019

In an effort to alleviate ongoing struggles from its legacy, spreadsheet-based planning system, a Fortune 500 insurance ...

IT Cost Transparency Planning, Budgeting & Forecasting

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Gartner IT Symposium/Xpo 2019

October 20-24, 2019

Gartner’s IT Symposium/Xpo is an opportunity to interact with Gartner and industry experts, cutting-edge ...

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[eBook] How to Produce an Effective Bill of IT Using Showback or Chargeback

Posted October 1, 2019

Enable more intelligent conversation around technology spend- and the value it provides - with an effective ...

Bill of IT Showback & Chargeback

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5 Unexpected Cloud Costs to Consider Before Migration

Posted September 26, 2019

Cloud computing continues to make big promises of reduced costs, increased flexibility, and greater scalability (to ...

Cloud Transparency Planning, Budgeting & Forecasting

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3 Bill of IT Execution Strategies for Showback or Chargeback

Posted September 19, 2019

There are three core phases necessary to launch a new showback or chargeback and deliver it as a bill of IT. First, ...

Bill of IT Cost Optimization IT Cost Transparency Service Cost Modeling Showback & Chargeback

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[Webinar] Nicus 5.13 Release

Posted August 29, 2019

We are very excited to introduce Nicus 5.13. With this latest release in August 2019, Nicus pushes forward to serve ...

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A Brand New, New Brand for Nicus

Posted August 29, 2019

We’re excited to announce a highly anticipated launch the Nicus team has been working passionately towards…a ...

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IT Financial Management Beyond Spreadsheets

Posted August 26, 2019

Let’s face it. As IT Finance practitioners, we love Excel. It’s flexible, familiar, predictable...it’s what we ...

Planning, Budgeting & Forecasting

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4 Ways to Win with Nicus at Gartner IT Sourcing, Procurement, Vendor & Asset Management Summit

Posted August 15, 2019

As we prepare for all the buzz at the upcoming Gartner Summit in Dallas, Texas, we can’t help but get excited ...

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Showback vs. Chargeback: Which Should Drive Your Bill of IT?

Posted August 7, 2019

As organizations increasingly rely on technology to drive growth and transformation, it’s critical that IT and ...

Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Showback & Chargeback

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4 Key Takeaways from ITFMA ’19 San Antonio

Posted August 1, 2019

It has taken me over a week to unpack my experience from the latest ITFMA conference in San Antonio. I’m grateful ...

Bill of IT Planning, Budgeting & Forecasting

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5 Ways to Drive IT Budget Accountability & Collaboration

Posted July 24, 2019

In many organizations, there’s a problematic disconnect between IT Finance and the rest of the business, especially ...

IT Cost Transparency Planning, Budgeting & Forecasting

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[Webinar Replay] Know Your Audience: Providing insights that create value to stakeholders

Posted July 18, 2019

One of the main values of an ITFM/TBM program is providing transparency into IT spend, but what does that really ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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Choosing a Cost Model Design & Allocation Methodology

Posted July 17, 2019

One of the most intimidating aspects of building a cost model is choosing your design and allocation methodology. ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[Presentation] A Roadmap to Building Value Through IT Finance

Posted July 13, 2019

Informed decision-making is the core objective of IT Financial Management, and the key to delivering value. But it’s ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[Presentation] Cost Modeling Best Practices for Practitioners

Posted July 13, 2019

This session is for ITFM practitioners and leaders interested in either… 1) building accurate IT cost models for the ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[Presentation] Know Your Audiences: Providing Insights to Stakeholders that Create Value

Posted July 13, 2019

Everyone wants cost transparency. But once you have it, what's the next step? That crucial question is where ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[Presentation] Data Collection & Challenges with Cost Transparency

Posted July 13, 2019

Mature IT Finance operations have a huge appetite for data. But feeding that appetite isn't always easy. Accuracy and ...

Application TCO Cost Optimization IT Cost Transparency Service Cost Modeling Showback & Chargeback

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[Presentation] How to Implement IT Showback or Chargeback Like a Pro

Posted July 13, 2019

Putting a showback or chargeback system in place may feel intimidating, but it doesn’t have to be. This presentation ...

Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Showback & Chargeback

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5 Tangible Cost Model Use Cases & Business Outcomes

Posted July 10, 2019

You already know that cost modeling gives you transparency behind service costs. But what can you use that transparency ...

Application TCO IT Cost Transparency Service Cost Modeling

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How to Write Airtight Service Definitions for Your Cost Model

Posted July 3, 2019

The first step in every new cost modeling project is to create a catalog of clearly defined IT services. Your service ...

Application TCO IT Cost Transparency Service Cost Modeling

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Showback & Chargeback Best Practices – Expert Panel Recap

Posted June 26, 2019

In our recent monthly webinar, a dynamic panel discussion unfolded as experienced Nicus customers shared ...

Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Showback & Chargeback

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3 Key Capabilities Every Service Cost Model Should Include

Posted June 18, 2019

If you’ve made the decision or have been tasked with building a cost model, it’s likely your organization and its ...

Application TCO IT Cost Transparency Service Cost Modeling

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How to Defend and Socialize Your New IT Cost Model

Posted June 12, 2019

As IT Finance practitioners and practice leads, we can all agree that cost modeling (aka service costing) is the key to ...

Application TCO IT Cost Transparency Service Cost Modeling

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5 Ways CIOs and IT Finance Reap Value from Cost Modeling

Posted June 5, 2019

From a high-level perspective, the value of cost modeling is relatively simple: it brings full transparency to service ...

Application TCO IT Cost Transparency Service Cost Modeling

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How to Overcome the 3 Biggest Challenges of IT Cost Modeling

Posted May 29, 2019

Creating an accurate cost model to manage, measure, and bill IT services is a crucial step in organizational maturity. ...

Application TCO IT Cost Transparency Service Cost Modeling

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The Top 3 ITFM Conferences Remaining in 2019

Posted May 23, 2019

A common challenge we hear amongst IT Finance practitioners and practice leads is the inability to get out of the ...

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[Webinar Replay] Showback & Chargeback: Keys to success now and in the future

Posted May 22, 2019

  In this panel discussion, ITFM experts from various industries will share their expertise on how to ...

Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Showback & Chargeback

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[eBook] A Practitioner’s Guide to Cost Modeling

Posted May 21, 2019

Optimize costs, deliver insight, and “run IT as a business” by implementing a cost model in your ...

Application TCO IT Cost Transparency Service Cost Modeling

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ITFMA ’19 New Orleans: Post-Conference Highlight Roundup

Posted April 29, 2019

New Orleans never disappoints and neither did last week’s ITFMA event! The Financial World of Information ...

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[Webinar Replay] Delivering Value with IT Finance

Posted April 29, 2019

Hear Nicus Chief Evangelist Rob Mischianti deliver a step-by-step roadmap for IT finance to consistently drive value ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[eBook] 4 Steps to a Healthier ITFM Practice Beyond Spreadsheets

Posted February 11, 2019

The most trusted tool in any finance professional’s toolkit is Excel. IT Finance practitioners have been managing IT ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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[Video] Nicus IT Planning

Posted February 11, 2019

Manage IT budget, multi-year forecasts, and actuals with versioning, variance reporting, and more in real-time with ...

Cost Optimization Planning, Budgeting & Forecasting

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[Video] Nicus Cost Modeling

Posted February 11, 2019

Build your Service Catalog, create a Cost Model, calculate service costs, and provide data and insights to influence ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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4 Steps to a Healthier IT Financial Management Practice Beyond Spreadsheets [eBook download]

Posted February 11, 2019

Excel holds a special place in the hearts of IT finance professionals – it’s comfortable, familiar, and has a ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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[Video] Nicus Bill of IT

Posted February 11, 2019

Enable your team to clearly articulate consumption and empower spending choices with the automation, influence, and ...

Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting

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[Video] Nicus Application TCO

Posted February 11, 2019

Evaluate the business value derived from applications and the costs incurred to deliver them, and drive accountability ...

Application TCO Cost Optimization IT Cost Transparency Service Cost Modeling

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[Video] Nicus Cloud Transparency

Posted February 11, 2019

Monitor cloud spend and consumption, compare product service rates, leverage cost-effective solutions, and automate ...

Cloud Transparency Cost Optimization IT Cost Transparency

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[Video] Nicus Project Financials

Posted February 11, 2019

Centralize project costs, react promptly when changes happen, and confidently forecast project costs and track back to ...

Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting

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Nicus Presents CHIP Donation Supporting Healthcare Access

Posted February 7, 2019

The 2019 Financial World of Information Technology Conference presented by the ITFMA is just around the ...

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Full Support of TBM and Bill of IT Variance Reporting Among Top Highlights in Nicus 5.12

Posted January 30, 2019

We are very excited to introduce Nicus 5.12, a meaningful update to the Nicus platform and suite of ITFM products. As ...

Bill of IT

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[Webinar] What to Expect at 2019 Financial World of IT Conference (ITFMA)

Posted January 22, 2019

Ready to experience Bourbon Street, the beautiful Hotel Monteleone, and can't miss content for IT Finance ...

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[Webinar] ITFM & TBM Solutions: What’s New in 5.12 & What’s Next

Posted January 17, 2019

Nicus Chief Evangelist Rob Mischianti deep dives into the latest features available in Nicus 5.12 and what's to ...

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[eBook] Corporate Planning vs. ITFM Tools

Posted January 8, 2019

IT organizations at high-performing companies are backed by world-class IT budgeting and forecasting processes. The ...

Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting

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[Video] Break up with Excel

Posted December 20, 2018

Have your IT Finance needs matured beyond spreadsheets? Maybe it's ...

Planning, Budgeting & Forecasting

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[Video] The Challenges of Excel in IT Financial Management

Posted December 20, 2018

Rob Mischianti, Nicus Chief Evangelist, shares the challenges organizations face when they've outgrown Excel and need a ...

Planning, Budgeting & Forecasting

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Moving the Needle: Enacting measurable change in IT Finance [eBook]

Posted December 20, 2018

The IT demands of today’s businesses are rapidly expanding. An increasing dependence upon the cloud for growth ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[eBook] MOVING THE NEEDLE: Enacting measurable change in IT Finance

Posted December 20, 2018

A former study conducted by Duke University and CFO magazine found that today’s top executives identified the ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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Case Study: City of Seattle Gains 3,000 Hours Annually with Nicus

Posted December 4, 2018

Like many other State and Local Government entities, the City of Seattle’s Central IT division was managing the IT ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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[Webinar] Insider Q&A: Nicus CEO talks about the future of ITFM and Nicus

Posted November 29, 2018

Originally aired November 29, 2018. Duration: 30 minutes Now Available ...

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How to Do More With Your IT Finance Data

Posted November 27, 2018

Today’s high performing companies know data is king. However, all too often with big data comes big headaches. ...

Application TCO Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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[Case Study] City of Seattle Tackles IT Centralization and Gains 3,000 Hours Annually with Nicus

Posted November 26, 2018

Like many other State and Local Government entities, City of Seattle’s Central IT was managing the IT planning ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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Nicus Appoints New CEO John Clark to Lead the ITFM Charge

Posted November 14, 2018

In last week’s Nicus News and published press release, Nicus announced John Clark as the newly appointed Chief ...

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

Posted November 7, 2018

IT organizations at high performing companies are backed by world-class IT budgeting and forecasting processes. The ...

Planning, Budgeting & Forecasting

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[Webinar Replay] Driving Business Transformation with BI & ITFM

Posted October 30, 2018

We live in a world where anyone can become data literate and access analytical tools at their fingertips. ...

Cost Optimization IT Cost Transparency

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[Case Study] American Family Insurance Uses Nicus to Elevate IT Intelligence and Business Planning

Posted October 18, 2018

In 2015, American Family Insurance (AmFam) launched a strategic initiative partnering Corporate Finance and Information ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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How AmFam Reduced TCO Analysis from Weeks to an Hour

Posted October 9, 2018

In 2015, American Family Insurance (AmFam) launched a strategic initiative partnering Corporate Finance and ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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Making the Leap from ITFM Reporting to Business Intelligence

Posted October 2, 2018

Guest Post by Lauren Fulton We live in a world where anyone can become data literate and access analytical tools ...

Cost Optimization IT Cost Transparency

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3 Major Takeaways from Gartner ITSV 2018

Posted September 26, 2018

Here we are three weeks after the Gartner IT Sourcing, Procurement, Vendor & Asset Management Summit 2018, and ...

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Finding the Right ITFM Solution and Implementation Partner

Posted September 18, 2018

From steering committees and goal alignment to avoiding common pitfalls and “precision traps”, there are many ...

Cost Optimization IT Cost Transparency

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

Posted September 11, 2018

An ITFM implementation can have its challenges, for example: accepting your data is “good enough” to get ...

Cost Optimization IT Cost Transparency

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[Video] About Nicus ITFM

Posted September 7, 2018

Nicus provides IT Financial and Business Management solutions that help customers achieve IT cost transparency and make ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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Key #4 to ITFM Implementation Success: “Good Enough” Data

Posted September 4, 2018

Purchasing and implementing an ITFM tool, along with building a sustainable ITFM program, can feel like an ...

Cost Optimization IT Cost Transparency

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Key #3 to ITFM Implementation Success: Proof of Value

Posted August 28, 2018

Proving value of your ITFM program may not be at the top of your list of to-dos when planning and implementing a ...

Cost Optimization IT Cost Transparency

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[eBook] 6 Keys to a Winning ITFM Implementation

Posted August 25, 2018

  IT Financial Management (ITFM) has become one of the most important initiatives for any organization. When IT ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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Key #2 to ITFM Implementation Success: Strategic and Tactical Alignment

Posted August 21, 2018

Successful ITFM implementation requires resources, communication, organization, and strategic and tactical ...

Cost Optimization IT Cost Transparency

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Key #1 to ITFM Implementation Success: Steering Committee

Posted August 14, 2018

IT Financial Management (ITFM) has become one of the most important initiatives for any organization. When IT can ...

Cost Optimization IT Cost Transparency

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7 Steps to Great ITFM Data

Posted June 27, 2018

About a month ago, I attended a phenomenal IT Financial Management (ITFM) Week in Chicago. The weather was perfect, ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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[Presentation] Managing Overhead & Shared Costs

Posted June 12, 2018

As you begin to build your cost modeling processes, you will inevitably come across many forms of overhead ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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[Presentation] Evaluating and Implementing ITFM Solutions

Posted June 12, 2018

There are several different IT Financial Management solutions on the market, and each offers its own area of ...

Application TCO Bill of IT Cost Optimization IT Cost Transparency Planning, Budgeting & Forecasting Service Cost Modeling

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[Presentation] Building an Effective Service Catalog

Posted June 12, 2018

One of the first steps in implementing a cost model and a showback or chargeback process is defining the ...

Cost Optimization IT Cost Transparency Service Cost Modeling Showback & Chargeback

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FASB Excitement in the Air

Posted March 29, 2018

When I think about exciting things happening in 2018, I think Winter Olympics in South Korea, the forthcoming nuptials ...

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TBM vs ITFM: New clothes for IT Financial Management?

Posted February 19, 2018

Over the past few years, we've heard more and more IT professionals mention "Technology Business Management" (TBM), ...

IT Cost Transparency Planning, Budgeting & Forecasting

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What’s The Value?

Posted January 26, 2018

Much like patrons of Super Bowl LII will react to prices at the concession stand, most of us frequently look at our ...

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Tis the Season

Posted November 27, 2017

This time of year is always cause for reflection - on what we are thankful for and what lies ahead in the upcoming ...

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Did Someone Say Project Financials?

Posted October 25, 2017

SURPRISE!  It’s pop quiz time: Do you ever wonder if there’s a better way to report on the current and future ...

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6 Lessons I Learned From an Escape Room

Posted September 26, 2017

  Despite what the title might suggest, I’m not talking about a place to hide from your boss or other stress ...

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2017 Gartner IT Finance, Procurement, and Asset Management Conference

Posted August 29, 2017

Nicus is a Premier sponsor at the upcoming 2017 Gartner IT Finance, Procurement, and Asset Management Conference ...

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Hybrid Cloud

Posted June 26, 2017

Over the weekend, I was driving through the mountains in Virginia and had the opportunity to stop at various scenic ...

Cloud Transparency Cost Optimization IT Cost Transparency

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Increasing Adoption of Your ITFM Processes

Posted June 26, 2017

The success rate of your ITFM program increases with broad user adoption.  This can be a challenge for many reasons ...

Cost Optimization IT Cost Transparency

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Enabling Actionable Transparency Through Allocated Views of IT Spend

Posted May 30, 2017

Basic ITFM: ITFM provides allocated views of IT spend Each view is generated by separate data & processes ...

Cost Optimization IT Cost Transparency Service Cost Modeling

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Elements of Effective IT Planning

Posted April 30, 2017

An important component of successful IT planning, budgeting and forecasting is the ability to align top-down financial ...

Cost Optimization Planning, Budgeting & Forecasting

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The Grit Factor

Posted March 31, 2017

As the weather warms up this time of year, I start thinking about dusting off my golf clubs.  I recently thumbed ...

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The Great Pendulum Swing of IT Cost Transparency

Posted February 28, 2017

At one time or another, most of us in IT or IT Finance have heard things like “IT is a big black hole” or “I ...

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Are you ready for some football?

Posted January 27, 2017

It’s show time in Atlanta on February 5th for the Atlanta Falcons and the New England Patriots. Each team made it to ...

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A season for giving

Posted December 12, 2016

It seems like the end of another year is cause for reflection.  Many of us are lucky to spend the holidays surrounded ...

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2016 Gartner IT Financial, Procurement & Asset Management Summit

Posted October 25, 2016

IT practitioners gathered from around the world in Grapevine, TX on September 18-21, 2016 for three days of ...

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ITFM Tool Performance

Posted September 7, 2016

Several of our clients have used ITFM solutions from other vendors before making the switch to Nicus M-PWR.  When one ...

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ITFMA World of IT Financial Management Conference

June 15-19, 2020

June 15-19, 2020 - Santa Fe, ...

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ITFMA Financial World of Information Technology Conference

August 9-14, 2020

August 9-14, 2020 - Charleston, ...

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The Importance of Better IT Data

Posted June 25, 2016

We recently started working with Tom, who took a job in IT financial management with one of our top clients. In the ...

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Nicus Software 2016 IT Finance Conference

Posted April 5, 2016

    You can’t tell from the picture above but this year’s conference had somewhat of a ‘Saturday ...

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Why Details are Important

Posted January 22, 2016

We recently had a discussion with an IT financial management analyst who asked why an ERP system can’t provide the ...

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Improve the Way You Measure IT

Posted November 23, 2015

There’s often a significant divide between the way IT and the way finance thinks.  CFOs want to control costs, and ...

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The Business of Client Focused IT Financial Management

Posted March 1, 2015

What a Super Bowl! An undrafted player from West Alabama, who used to work at Popeyes, intercepts the ball on the goal ...

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Deciphering the Buzz About IT Cost Visibility

Posted February 19, 2015

Anyone who works in IT financial management for more than two weeks has come across the phrase, "Transparency through ...

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Actionable Data

Posted July 1, 2014

As we approach the MLB All-Star Game, guess who's leading the American League Western Division, again - yep, the ...

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Managed Services for IT Financial Management

Posted May 21, 2014

When a meeting with a prospective client starts with an apology, it's a little disheartening. Thankfully, this the ...

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What’s the Forecast?

Posted February 14, 2014

While speaking to a college class last week, I asked the students a question : What profession needs to make an ...

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Avoid the Pitfalls of Benchmarking

Posted December 11, 2013

When done correctly, benchmarking can be a useful practice.  Benchmarking can lead to performance improvement and can ...

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Time Saver

Posted October 19, 2013

We're going to share one line of a short email we received last week: "You are right, working 40-45 hours a week is ...

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Nicus ITFM & TBM Solutions

Posted March 28, 2013

The Nicus ITFM platform is the most robust technology business management solution on the market. Nicus helps Fortune ...

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