Nicus is a leading ITFM provider recognized by Gartner with clients across all industries, government and commercial.

Nicus Core provides the supporting tables, taxonomy and framework to enable the Nicus Cost Transparency.

The Nicus Cost Transparency application enables any organization to establish a firm connection between technology spend, consumption, and the outcomes provided. By managing the full lifecycle of an IT dollar, Nicus Cost Transparency creates a collaborative, strategic alignment between IT and the business. Once deployed, enables a transparent supply and demand relationship that can be continuously leveraged to optimize IT value from both a supplier and consumer perspective.

Nicus Cost Transparency provides class-leading cost-modeling, cost allocation, show-back and charge-back (Bill of IT) capabilities that are high-performance and highly scalable, satisfying the needs of the largest as well as the smallest organizations. Running natively (Built on Now) in the ServiceNow platform, Nicus Cost Transparency takes advantage of all the strategic value of ServiceNow providing lower overall cost of ownership, leveraging existing ServiceNow investments.

The application automates the allocation and recovery of costs using a granular, transparent chargeback – delivering automatic, interactive invoices monthly to help consumers understand their spend, the drivers behind it, and the value it provides.

Nicus uniquely provides a flexible cost model architecture that leverages market standards, existing client models, our model or some combination of all three. This gives your business the benefits of standardization while future-proofing your model for growth.