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ITFMA 2026, July 20–24: Elevate ITFM strategy with Nicus in Orlando

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Nicus Blog

Stay ahead in TBM and IT financial management with expert insights from Nicus. Explore best practices, industry trends, and strategies to optimize IT spend and align tech investments with business strategy.

Tag: ITFM Best practices

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 […]

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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 […]

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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 […]

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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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