Showback vs. Chargeback: Which Should Drive Your Bill of IT?
As organizations increasingly rely on technology to drive growth and transformation, it’s critical that IT and business leaders work together to maximize the value […]
Tag: Cost Model
5 Ways to Drive IT Budget Accountability & Collaboration
In many organizations, there’s a problematic disconnect between IT Finance and the rest of the business, especially when it comes to budgeting. Cost center […]
Choosing a Cost Model Design & Allocation Methodology
One of the most intimidating aspects of building a cost model is choosing your design and allocation methodology. The ideal approach will vary based […]
5 Tangible Cost Model Use Cases & Business Outcomes
You already know that cost modeling gives you transparency behind service costs. But what can you use that transparency to accomplish? Well, the answer […]
How to Write Airtight Service Definitions for Your Cost Model
The first step in every new cost modeling project is to create a catalog of clearly defined IT services. Your service definitions are crucial […]
Showback & Chargeback Best Practices – Expert Panel Recap
In our recent monthly webinar, a dynamic panel discussion unfolded as experienced Nicus customers shared real-world insight from their experience implementing new showback and […]
3 Key Capabilities Every Service Cost Model Should Include
If you’ve made the decision or have been tasked with building a cost model, it’s likely your organization and its stakeholders seek a deeper […]
How to Defend and Socialize Your New IT Cost Model
As IT Finance practitioners and practice leads, we can all agree that cost modeling (aka service costing) is the key to truly evaluating costs […]
5 Ways CIOs and IT Leaders Reap Value from Cost Modeling
From a high-level perspective, the value of cost modeling is relatively simple: it brings full transparency to service costs so they can be measured, […]