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Nicus Reviews & Product Details - Page 2

Nicus Overview

What is Nicus?

Nicus Software offers a powerful suite of ITFM/TBM applications designed to achieve true IT cost transparency and encourage informed decision making including: Planning, Cost Modeling, Bill of IT, Application TCO, Cloud Financials, and Project Financials. Built on a powerful data and analytics platform that leverages proprietary modeling capabilities, self-service analytics, and planning workflows, Nicus enables customers to make actionable, data-driven, strategic and operational decisions.

Nicus Details
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Nicus Community
Languages Supported
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Product Description

Nicus is a leading provider of end-to-end IT financial management and business analytics. It provides a comprehensive set of tools, including IT planning, service costing, benchmarking, bill of IT, application TCO and demand management, which help analyze and manage the business of IT more effectively.


Seller Details
Year Founded
1992
HQ Location
Roanoke, Virginia
Twitter
@NicusSoftware
418 Twitter followers
LinkedIn® Page
www.linkedin.com
46 employees on LinkedIn®

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Overview Provided by:

Recent Nicus Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
4.5 out of 5
"Powerful tool, highly customizable with great potential"
Nicus is a highly flexible platform that provides exceptional out of the box reports and the ability to create custom reports. The customer service...
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"NICUS is an excellent tool to drive IT maturity."
We have achieved significant gains through billing automation and in customer confidence. NICUS is a robust solution and allows IT service input ...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Amazing customer service"
Very knowledgeable staff to help you improve your ITFM processes. Customer support is very fast and helpful.
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Nicus Media

Nicus Demo - IT Planning
Vendor, Labor, and Project Expense Management Streamlined budgeting today enables stronger diligence for tomorrow. Centralize and integrate spend data to reduce variance and effectively manage resource supply against shifting demand, while reducing the burden of essential operations to refocus e...
Nicus Demo - Cost Transparency
App TCO, Service Cost Modeling, and Benchmarking Spend less time defending costs and more time driving innovation. Lift the veil on true costs (including Cloud) and what they enable to inform smarter consumption, justify budgets, and harvest savings to fund growth and transformation - continuall...
Nicus Demo - Bill of IT
Transparent and Defensible Showback or Chargeback Build trust and expedite dispute resolution to recover costs quickly. Cultivate accountability, monitor usage, and provide consumers with granular, fully loaded rates to show market fairness, encourage prompt payment, and expose levers for optimi...
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12 Nicus Reviews

4.9 out of 5
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12 Nicus Reviews
4.9 out of 5
12 Nicus Reviews
4.9 out of 5

Overall Review Sentiment for NicusQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
David D.
DD
AVP IT Finance & Capital Control
Retail
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Nicus?

Easy to use software suite designed for IT Finance professionals. Implementation and support teams are Knowledgeable and professional. Full implementation of the Planning module for Actual, Plan, and Forecast data at the cost center, account, investment (project, applications & services) level in less than three months - amazing. Review collected by and hosted on G2.com.

What do you dislike about Nicus?

Honestly, I have no dislikes. If an issue has arisen, the Nicus team has always found a solution that works for all involved. Review collected by and hosted on G2.com.

Recommendations to others considering Nicus:

There are multiple products in the marketplace today. Do your research, compare apples to apples before you make a decision. Consider the product suite, development road map and the skill set of the implementation team before deciding. Review collected by and hosted on G2.com.

What problems is Nicus solving and how is that benefiting you?

Provide our IT and Finance teams insight into IT spend and trends at the account, vendor and investment level,. In addition, create automation around our forecasting and planning efforts. This data is critical to managing expectations within IT and with our business partners. Review collected by and hosted on G2.com.

GA
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Nicus?

The functionality is powerful and creates many opportunities for operational efficiencies. Additionally, the cost transparency this tool enables is truly changing the future value discussions around IT services and our related cost structure. Review collected by and hosted on G2.com.

What do you dislike about Nicus?

For those not accustomed to data base structures, it requires a mid-shift from the more traditional Excel models most Finance teams have utilized for years. Review collected by and hosted on G2.com.

Recommendations to others considering Nicus:

Take the Plunge! It involves a lot work to structure your existing data in ways that flow through databases, and to change your own thinking around processes, but the output and enhanced insights are more than worth the investment. Review collected by and hosted on G2.com.

What problems is Nicus solving and how is that benefiting you?

Rather than a flat discussion on the overall size of spend by IT, we are now able to hold IT accountable for Unit Costs and hold the Business accountable for the number of units they consume. Rolling out broader shared services models is also strongly supported by this application. Review collected by and hosted on G2.com.