Nicus IT Cost Transparency

Demonstrate value in the business’ language. Make it simple to show how all tech expenditures fuel business goals.

• Build defensible, fully loaded service rates and analyze within a standard cost model
• Empower service managers to drive down unit rates and prove efficiency in relation to changes in overall costs
• Help app owners make fast, seamless optimization decisions
• Track performance by easily pivoting cost allocation to views for internal, peer and industry benchmarking

Allocate costs accurately and recover payment faster with a bill of IT that builds trust and promotes shared accountability over IT spending.

• Help technology consumers understand their spend with granular chargeback and showback that lets users drill down into cost and consumption details
• Generate intuitive, self-service role-based reports
• Resolve disputes with fact-based explanations of costs and advanced dispute management workflows
• Help business leaders optimize rates by showing all direct and indirect cost components related to their technology investments.
• Accelerate payments with automated email invoicing

Datasheet: Public Sector Bill of IT

Unlock the full potential of IT Financial Management by running Nicus Cost Transparency within ServiceNow. Eliminate silos, gain real-time insights, and seamlessly align IT costs with business operations—all within a single, powerful platform.

• Eliminate standalone tools and spreadsheets by managing IT costs within ServiceNow for a unified, streamlined experience
• Track and validate IT costs with precision by linking approved financial data from the finance team to operational metrics in ServiceNow
• Get up and running faster by leveraging ServiceNow’s built-in automation, security, data integration and reporting tools
• Provide IT and finance teams with drill-down visibility into IT spend for better decision-making
• Scale capabilities while aligning with ServiceNow’s evolving roadmap

Our deep bench of IT finance experts offers a full suite of services to help you reach your goals.

• Hit the ground running with personalized implementation from setup to training
• Leveraging our expert information in decision-based cost modeling
• Connect the dots between IT and the business with strategy as a service that focuses on your short and long-term value delivery goals
• Keep your team focused on what they do best through the Nicus data services or full ITFM as a Service solution, allowing them to perform at their highest level.

• Automatically import and map IT costs from the general ledger and other relevant data sources
• Build configurable cost models and run unlimited what-if scenarios
• Create and update stakeholder dashboards to align IT spend with business objectives
• Optionally deliver automatic, interactive invoices to support stakeholder accountability