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 […]
Topic: Service Cost Modeling
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 […]
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 […]
City of Seattle Gains 3,000 Hours Annually with Nicus
Like many other State and Local Government entities, the City of Seattle’s Central IT division was managing the IT planning process (including budgets, forecasts, […]
How to Do More With Your IT Finance Data
Today’s high performing companies know data is king. However, all too often with big data comes big headaches. Forward thinking companies recognize the tremendous […]
How AmFam Reduced TCO Analysis from Weeks to an Hour
In 2015, American Family Insurance (AmFam) launched a strategic initiative partnering Corporate Finance and Information Services divisions to improve IT intelligence and deliver better […]
7 Steps to Great ITFM Data
About a month ago, I attended a phenomenal IT Financial Management (ITFM) Week in Chicago. The weather was perfect, the presenters were excellent, and […]
Enabling Actionable Transparency Through Allocated Views of IT Spend
Basic ITFM: ITFM provides allocated views of IT spend Each view is generated by separate data & processes Each view provides value to key […]
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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 […]
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 […]
How Much Is Excel Costing You?
In nearly every company that does IT financial management (ITFM), the starting point is Excel. In a way, it makes sense. Excel is a […]