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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.

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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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 […]

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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, […]

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 […]

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The Top 3 ITFM Conferences Remaining in 2019

A common challenge we hear amongst IT Finance practitioners and practice leads is the inability to get out of the office for events and […]

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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4 Steps to a Healthier IT Financial Management Practice Beyond Spreadsheets

Excel holds a special place in the hearts of IT finance professionals – it’s comfortable, familiar, and has a refined set of core capabilities. But […]