Nicus Announces Availability of M-PWR 5.8

Salem, Va. (August 26, 2016) – Nicus Software, a leading IT Financial Management (ITFM) solution provider, announces the availability of M-PWR 5.8, a major upgrade to the flagship product.   This new release includes many performance improvements along with the following major enhancements:

  • New Vendor Expense Management functionality in the IT Planning module allows customers to track contracts, invoices and payments for all IT spend at a detail level.  M-PWR maps actuals to forecast and automatically generates amortization, accrual and depreciation entries.
  • A complete redesign of the Report Definition interface allows users to quickly and easily author meaningful reports, visualizations and dashboards in a clean, intuitive interface.

“M-PWR users already have the most advanced IT Financial Management software product available, and these new features further emphasize that”, said Bill Walker, Manager of Research and Development at Nicus.  “No other product has the depth of ITFM knowledge behind it or the rich reporting capabilities.  M-PWR has carved a one-of-a-kind niche in the ITFM community.”

For more information about the upgrade, contact

About Nicus Software

Headquartered in Salem, Virginia, Nicus is a veteran-owned, privately held software company, providing IT Financial Management solutions to achieve IT cost transparency and encourage informed decision making. Built by experienced practitioners who had a desire to create a better way of managing IT financial information, Nicus’ flagship software, M-PWR, empowers many of the world’s leading companies and organizations to make informed IT decisions. The solution is provided as a SaaS or on-premises, and includes a comprehensive set of tools, including IT Planning, Service Costing, Benchmarking, Bill of IT, Application TCO, and Demand Management. Learn more at