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Nicus IT Planning

Reduce the burden of maintaining what’s essential to spend more energy discovering what’s possible. Less Time Wrangling Spreadsheets. More Time Adding Value.

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Accelerate Your IT Budgeting and Forecasting Process

Organizations using Excel for IT budgeting, forecasting and planning face persistent challenges: manual errors, outdated data and difficulty consolidating complex spreadsheets. Traditional corporate planning tools also fall short, lacking the granular technology cost structures necessary for multi-year IT planning, real-time variance and what-if analysis and audience specific views.

Nicus IT Planning automates and centralizes enterprise IT budgeting and forecasting —empowering stakeholders to trim waste to fund innovation, govern vendor spend and accelerate decisions.

Make Decisions at the Speed of Business

Boost accuracy, eliminate spreadsheet headaches and wasting hours trying to connect aggregated numbers back to technology detail. Nicus’ high-performance modeling engine informs and accelerates IT forecasting and decision-making.

24/7 real-time forecasting and rapid what-if scenario modeling lets you instantly visualize the impact of decisions on budgets and operations
Understand the full IT footprint and precise decision levers that connect to business goals
See total spend commitment and compare true costs vs. value over time with multi-year forecasting
Reduce uncertainty and build trust with high-accuracy predictive insights and detailed audit trails of forecast changes
Capture budget below the cost center and account level for more detailed forecasting and what-if scenario modeling

Blog: How Much Is Excel Costing You?

Deliver Seamless IT Budgeting for the Enterprise

Build detailed IT budgets quickly and accurately with automatic line-item tagging and mapping that minimizes manual effort. Nicus IT Planning integrates directly with your general ledger to deliver defensible, real-time data and decision-making insights.

Consolidate validated IT cost and operational data in a detailed, centralized subledger to minimize confusion and conflict
Ensure transparency with detailed audit trails of all budget changes
Rationalize spend and expose waste with drill-down visibility into costs
Automatically import and map real-time actuals to quickly identify, explain and manage sources of variance

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

Take Control of IT Vendor Cost Management

Optimize contracts, uncover hidden savings opportunities, and avoid overpayment by unifying siloed vendor cost data in Nicus.

Expose redundant and underutilized contracts that drive waste in IT spending
Track vendor contracts and upcoming renewals to prevent surprise charges
Automatically map actuals to identify variance and errors in vendor billing
Use granular expense tracking to inform contract negotiations

Blog: The Bowtie Effect: Why Detail Matters in IT Financial Management

Monitor Labor Costs and Availability

Gain full visibility into labor costs, balance availability with shifting demand, and maximize predictability in workforce planning.

Automatically generate fully burdened labor rates across the enterprise for more accurate budgeting and forecasting
Optimize labor resources while factoring in supply variances like seasonality and vacancy rate
Plan by headcount using pre-defined roles and auto-generated financial line items

Case Study: How the City of Seattle Saved 3,000 Hours Annually with Nicus

Set Projects Up for Success

Managing projects in spreadsheets is challenging as evidenced by how many IT projects run over budget. Now with significant investments pouring into AI, accurately forecasting spend and continuously tracking budget versus actuals is essential. Nicus IT Planning provides clarity and precision, aligning projects with business goals, optimizing resource allocation, and offering multi-year forecasts to reveal true costs versus value.

Align projects—including AI initiatives—seamlessly with business objectives, using the ideal mix of resources
Gain accuracy and foresight through comprehensive multi-year forecasting
Prioritize initiatives based on a deeper understanding of what you can deliver
Stay focused on outcomes with enhanced tracking and reconciliation of project spend.

Blog: Nicus Acquires Proven FM: What It Means for IT Finance Leaders

Integrate IT Planning with ServiceNow®

Run IT Planning natively on the ServiceNow platform. Consolidate platforms, link financial and operational data across applications, and make value-driven decisions.

Eliminate standalone tools and spreadsheets by managing IT costs within ServiceNow for a unified, streamlined experience
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

Benefits

Efficiency

Eliminate up to 80% of labor costs associated with manual Excel-based planning processes.

Visibility

Get instant visibility into how changes will affect every aspect of your budget.

Accountability

Make it simple for business leaders to share responsibility for costs.

Nicus IT Planning Business Leader Dashboard on ServiceNow

How it Works

Create and save your annual budget
Automatically import and map actuals from general ledger
Iterate and compare multiple what-if scenarios quickly
Outer month forecasts automatically update for multi-year outlook

Nicus IT Planning is available in two flavors. Choose between the Nicus Private Cloud or a ServiceNow native version, fully integrated with ServiceNow.

It replaced almost 50 spreadsheets, removed a lot of manual entries and mitigated the risk of errors. It save a lot of time for us during month-end process, budgeting and re-forecasting.

Nicus Planning Customer in the Technology Industry

Features

Actuals & Variance Tracking
Cash, Ops, Revenue Views
Vendor, Labor, & Project Expense Management
Budget and Forecast Process Automation
Collaborate on budgets concurrently
Role-based Dashboards and Insights
Automatic Depreciation Calculations for Capital
Asset Purchases

Multi-currency Support
Detailed Audit Trail of Budget & Forecast Changes
Compare & Versioning
Real-time Web Edit (Multi-user & Concurrent)
Multi-year Forecasting & What-if Analysis
Line-item Tagging & Mapping
Multiple Governance Views (Run/Grow/Transform, Supply/Demand, LOB Consumption)

Ready to Bring Clarity and Control to IT Financial Planning?

Forecast with confidence, align spend with strategy, and keep projects like AI on track.

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