Clearly Communicate Spend And How It Translates To Business Value

Build a defensible account of all IT spend for informed decision-making with Nicus.

Nicus Bill of IT rescues organizations from the systemic frustration caused by vague allocations. By mapping cost and usage data to consumers – and offering transparency via chargeback or showback – the conversation around costs instantly changes… giving IT leadership newfound capabilities to:

  • Justify new and existing spend
  • Get full cost driver visibility
  • Make fair, apples-to-apples option comparisons
  • Stop perception of IT as a free and limitless resource
  • Minimize and manage billing errors
  • Reduce manual work for staff
illustration for Bill of IT page showing reports

Reduce questioning of costs and accelerate dispute resolution

  • Increase billing accuracy to cultivate trust, reduce disputes, and expedite payment
  • Leverage enhanced dispute mechanisms – collect payment on open disputes, guarantee retroactive reconciliation, and reach resolutions faster
  • Generate data-backed cost explanations in minutes instead of hours or days
  • Address unnecessary questions before they arise with self-service billing reports and invoices

Gain new transparency and awareness behind costs

  • Drill down from business unit to consumption details
  • Automate bill delivery to keep consumers informed
  • Deliver easy-to-interpret invoices to each stakeholder group using role-based templates
  • Integrate with corporate financial systems to automate showback or chargeback
illustration for Bill of IT which offers transparency via chargeback or showback
Illustration for Bill of IT page
Guide informed consumption behavior
  • Create clear pricing for IT services, and invoice by your choice of billing structure
  • Give detailed showback by unit rate and consumption for all apps and services
  • Empower business relationship managers with new abilities for cost recovery and true-ups
  • Drive adoption or discontinuation of services based on insights gleaned from cost and usage data
Elevate IT’s seat at the table and grow trust
  • Expand cost transparency across the whole enterprise to every consumer
  • Reduce doubt in IT spend and quickly respond to inquiries with justified answers
  • Establish a firm connection between business goals and IT spending
Illustration for Bill of IT by Nicus

Resources

Speak with an ITFM expert

Skip the sales speech and speak directly with an ITFM expert about your challenges