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 […]
Tag: ITFM Best Practices
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 […]
How to Overcome the 3 Biggest Challenges of IT Cost Modeling
Creating an accurate cost model to manage, measure, and bill IT services is a crucial step in organizational maturity. But it doesn’t come without […]
ITFMA ’19 New Orleans: Post-Conference Highlight Roundup
New Orleans never disappoints and neither did last week’s ITFMA event! The Financial World of Information Technology Conference was loaded with fresh insights, actionable […]
Nicus Presents CHIP Donation Supporting Healthcare Access
The 2019 Financial World of Information Technology Conference presented by the ITFMA is just around the corner. But before you land in New Orleans, there […]
Finding the Right ITFM Solution and Implementation Partner
From steering committees and goal alignment to avoiding common pitfalls and “precision traps”, there are many steps to a successful ITFM implementation. The steps […]
Key #5 to a Winning ITFM Implementation: Balance of Precision & Simplicity
An ITFM implementation can have its challenges, for example: accepting your data is “good enough” to get started and other obstacles including “precision traps.” […]
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Dispelling the 8 Biggest ITFM & TBM Misconceptions
As interest in IT Financial Management (ITFM) and Technology Business Management (TBM) continues to grow, many organizations still struggle with common misconceptions that can […]
ITFM/TBM Program Maturity Guide
Launching an IT Financial Management (ITFM) or Technology Business Management (TBM) practice can be one of the most impactful initiatives for an IT organization—but […]
4 Steps to a Healthier ITFM Practice Beyond Spreadsheets
Spreadsheets have long been the backbone of IT financial management, but as organizations grow, so do the challenges of budgeting, forecasting, service costing, reporting, […]