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Strategic CFOs. Lead with Data. Invest with Confidence.

Move beyond cost control—align IT investments with business goals to maximize impact, optimize spending, and fuel innovation.

CFOs: From Cost Managers to Strategic Leaders

Technology is no longer just an operational expense—it’s a business driver. CFOs who take an active role in IT financial management can enhance profitability, optimize resources, and enable digital transformation. By gaining full visibility into IT spending, you can ensure every technology dollar supports business growth, operational efficiency, and innovation.

CFOs who embrace ITFM don’t just manage costs—they drive strategy, innovation, and business success. By leveraging financial insights into IT, you can transform your organization’s approach to technology, ensuring every dollar spent fuels growth, efficiency, and competitive advantage.

Full Visibility into IT Investments

Lack of transparency into IT costs can lead to inefficiencies and misaligned investments. IT Financial Management (ITFM) provides clear insights into IT spending, helping CFOs:

  • Understand exactly where IT dollars are going
  • Align IT budgets with business objectives
  • Justify and optimize technology investments based on data-driven insights

Optimize Costs While Funding Innovation

ITFM allows CFOs to move beyond cost-cutting and take a strategic approach to IT spending. With the right insights, you can:

  • Identify cost-saving opportunities without stifling growth
  • Shift spending from legacy systems to digital transformation initiatives
  • Ensure IT investments deliver measurable business value
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Run Grow Transform

Run, Grow, Transform

A CFO’s Lens on IT Strategy and Spend

What if your organization’s second largest cost was also your biggest blind spot? This is the reality for many CFOs when it comes to IT spending, with millions of dollars flowing into IT without a clear line of sight into how those dollars support specific business strategies.

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Align IT Investments with Business Priorities

Technology should enable—not hinder—business success. CFOs must ensure IT resources are allocated where they will have the greatest impact. ITFM helps you:

    • Tie IT costs directly to revenue-generating activities
    • Assess IT investments based on ROI and business outcomes
    • Enable smarter decision-making for long-term growth
Team Alignment

Stronger CFO & CIO Collaboration

Finance and IT must work together to drive digital transformation while maintaining financial discipline. ITFM fosters collaboration by:

  • Creating a shared framework for evaluating IT investments
  • Improving IT budgeting and forecasting accuracy
  • Ensuring financial discipline doesn’t limit technology-driven innovation

 

Read Blog: Why ITFM is the Key to CFO-CIO Alignment

Now we know how we are spending our IT dollars in support of our strategic imperatives.

Dan Strang, IT Financial Services Manager, American Family Insurance

Nicus IT Finance Products

IT Cost Transparency

Establish accurate, fully-burdened cost structures for everything IT delivers – allowing technology leaders to eliminate doubt, rationalize spend, and expose opportunity.

IT Planning

Build detailed IT budgets and forecasts quickly and accurately. See how and why today’s funds are being spent, and how tomorrow’s investments can drive new value.

FMDB on ServiceNow

FMDB provides a centralized, single source of truth for financial data in ServiceNow that can be leveraged across ServiceNow applications.

Recommended Resources for CFOs

Blogs
Why ITFM is the Key to CFO-CIO Alignment
Why ITFM is the Key to CFO-CIO Alignment

Research from Gartner shows that strong CFO-CIO partnerships are 51% more likely to easily secure funding for digital initiatives and 18% more likely to […]

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News
Nicus Launches FMDB for ServiceNow, Bringing Financial Clarity to Technology Business Decisions
Nicus Launches FMDB for ServiceNow, Bringing Financial Clarity to Technology Business Decisions

Empowering organizations to quantify technology investments and optimize costs. Nicus Software, Inc. (Nicus), a leading provider of enterprise IT Financial Management solutions, has announced […]

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Blogs
4 Places Where TCO Is Essential to IT Decision-Making
4 Places Where TCO Is Essential to IT Decision-Making

Making decisions based on incomplete information can lead to unintended consequences. It’s a particular problem in IT decision-making, where companies often make decisions that […]

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