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 […]
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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The first step in every new cost modeling project is to create a catalog of clearly defined IT services. Your service definitions are crucial […]
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 […]
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 […]
As IT Finance practitioners and practice leads, we can all agree that cost modeling (aka service costing) is the key to truly evaluating costs […]
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, […]
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 […]
A common challenge we hear amongst IT Finance practitioners and practice leads is the inability to get out of the office for events and […]
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 […]
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 […]