Smarter AI Spending Starts Here

Artificial intelligence represents a transformative opportunity in the AI era, but it’s also a costly frontier that requires careful TBM adoption. Companies that plunge into AI investments without clear visibility into costs and outcomes risk repeating the financial missteps and massive budget overruns seen in the rush to the cloud.

Nicus transforms AI cost management with industry-leading tools built for accuracy, speed and scalability, so you can ensure every AI dollar contributes real business value.

Applying the technology business management (TBM) framework to AI cost management helps ensure AI is a strategic driver, not a financial liability. TBM brings together data from IT and finance to link AI spending with outcomes and prevent overspending on initiatives that don’t drive business value.

Core benefits of TBM for AI:

• TCO visibility: See the total cost of ownership (TCO) across every stage of AI initiatives
• Granular cost tracking:Identify inefficiencies in labor, infrastructure, and vendor costs through a data-driven TBM framework
  
• Link AI spending to outcomes: Measure the real-world results of your AI and digital transformation initiatives and identify your top opportunities for innovation

Artificial intelligence budgets are growing quickly, but managing them effectively requires overcoming common hurdles:

• Hidden lifecycle costs: TCO for AI systems isn’t just about tools—it also includes overlooked costs like labor, data management, and scaling efforts, in the context of TBM practice.
• Siloed data: Complex AI environments make it difficult to connect costs to business outcomes, blocking visibility into ROI and which decision levers will drive meaningful impact.
• Slow decision cycles: Slow financial management software tools can mean waiting days for updates to cost models and forecasts, delaying mission-critical decisions.

Nicus doesn’t just help you manage AI spending—it transforms how you plan, track, and optimize all your digital transformation investments in accordance with TBM best practices.

• Link AI expenses directly from the general ledger for accurate, defensible TCO
• Get 24/7, real-time cost model and forecast updates in just minutes
• Run unlimited what-if scenarios to evaluate the impact of scaling, vendor changes or new initiatives

• Robust cost modeling engine
• Cost model crosswalk
• Built-in TBM taxonomy + others
• Powerful reporting and visualization
• Role-based dashboards and reports
• Internal and external benchmarking
• Collaborate on budgets concurrently
• Cash, ops, and revenue views
• Multiple governance view (Run/Grow/Transform, supply/demand, LOB consumption)
• Run multiple forecasts concurrently with compare and versioning
• Automatic depreciation calculations for capital asset purchases

• Multi-currency support