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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.

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How IT Leaders Transformed Budget Season from Chaos to Clarity

How IT Leaders Transformed Budget Season from Chaos to Clarity

Budget season is meant to be a focused period of alignment—where strategy meets financial discipline. But for many IT organizations, it becomes something else entirely: a prolonged, exhausting cycle of spreadsheets, reconciliations, version control battles, and defensive conversations. In a recent webinar, IT and finance leaders from BorgWarner and Graphic Packaging International (GPI)—both Nicus customers using Nicus for IT planning—shared how their organizations transformed budget season from a nearly year-round burden into a structured, trusted, and strategic process. What they [...]

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Gavin Drake

02/19/2026

Latest Blogs

Topics

Drive Better Investment Decisions with the Pyramid of Insights

While many organizations are embracing IT financial management (ITFM) to optimize IT spending, the truth is that it isn’t a native skill set in […]

Craig Hollenbeck

02/29/2024

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 […]

Chris Aber

02/13/2024

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 […]

Chris Aber

02/04/2024

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 […]

Chris Aber

01/03/2024

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, […]

Gavin Drake

11/17/2023

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 […]

Chris Aber

11/10/2023

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 […]

Gavin Drake

10/05/2023

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 […]

Gavin Drake

09/29/2023

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 […]

Robert Mischianti

09/16/2023