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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.

Spreadsheet Confessions: 7 True Stories That Should Make You Rethink Your Next Budget Cycle

From billion-dollar swings to bungled city budgets, these real-world Excel errors reveal just how risky the wrong process can be. Budget season déjà vu? You’re not alone. In our eBook, Confessions of Spreadsheets Anonymous, we take a practical look at why planning often feels stuck in a loop—and what it takes to get out. The message is clear: spreadsheets aren’t the enemy, but they’re no substitute for purpose-built software. Still not convinced? Consider these seven spreadsheet “confessions.” They're not hypotheticals. [...]

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ITFM vs. FinOps Part 3: Challenges and Use Cases in Bringing FinOps and ITFM Together

In this third installment on FinOps and IT financial management (ITFM), we dig deeper into the process of integrating these complementary practices and what […]

ITFM vs. FinOps Part 2: How FinOps and IT Financial Management Work Together

Analysts at McKinsey estimate that companies using FinOps, a cloud financial management discipline focused on cloud cost management, can reduce cloud costs by up […]

ITFM vs. FinOps Part 1: Do Companies Need Both?

According to the Flexera 2023 State of the Cloud Report, we’ve reached the tipping point where the majority of workloads are now in the […]

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

Organizations looking for comprehensive IT financial management (ITFM) and technology business management (TBM) services now have a one-stop shop for ITFM and TBM software, […]

Why IT Financial Management (ITFM) and ServiceNow Are Better Together

ServiceNow is at the forefront of digital transformation, with a staggering 85% of Fortune 500 companies using the platform to manage IT operations. But […]

ITFM Glossary

If you’re an IT expert needing to learn about finance—or vice versa—this ITFM glossary of terms used in IT financial management can help you […]

Technical Debt and the Case for ITFM

Technology has become a primary driver of business competition today, but as companies pursue digital strategies, many are struggling under a significant and often […]

5 Personalities Who Can Sink Your ITFM Program or Help it Soar

Every ITFM program has two core requirements for success: effective tactical execution and strong stakeholder buy-in. Which one is more important? The answer isn’t […]

Don’t Miss 2-Day IT Finance Boot Camp

A Strategic Investment for Every IT Finance Professional and Organization In the fast-paced world of IT Financial Management (ITFM), staying ahead of the curve […]