TrustRadius Insights
Customizable Reporting: Reviewers have found Nicus to be highly customizable in terms of its reporting capabilities. Out-of-the-box …
Overview
What is Nicus?
Nicus Software headquartered in Roanoke is a provider of IT Financial Management solutions: Planning, Cost Modeling, Bill of IT, Application TCO, & Cloud and Project Financials.
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- About
- Tech Details
What is Nicus?
Nicus provides IT Financial and Business Management solutions that help customers achieve IT cost transparency and make informed IT decisions. Nicus’s software enables companies and organizations around the world, and includes tools supporting IT Planning, Service Cost Modeling, Benchmarking, Bill of IT, Application TCO, and Demand Management.
An ITFM Solution
The Nicus ITFM Suite solution is designed to extend transparency to every intersection of IT and the business, reveal unseen opportunities to optimize spend and empower decision-makers with insights they can act on.- Illustrate how all new and existing technology investments strengthen the business.
- Explain and justify changes in spend with true cost transparency and a defensible bill of IT
- Establish a deeper partnership between IT, consumers and business leadership.
- Foster collaboration and shared responsibility to manage costs.
- Shift focus from business-as-usual to fueling business outcomes.
- Uncover wasteful spend and eliminate inefficiency.
- Reinvest savings into new initiatives and innovation
- Take a long view on planning with advanced tracking and forecasting.
- Expand cost transparency across vendor, project, labor and infrastructure portfolios.
- Translate IT spend into terms the business understands and give consumers clear levers to control costs.
- Justify spend with benchmarks based on industry peers.
Nicus Video
Visit https://youtu.be/ORHzIWQrAmE to watch Nicus video.
Nicus Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Pros
- Cons
- Recommendations
Customizable Reporting: Reviewers have found Nicus to be highly customizable in terms of its reporting capabilities. Out-of-the-box reports were exceptional, and customization was seen as a significant advantage by multiple reviewers. Customizing reports and tables was easy with the drag-and-drop interface, making it accessible for a variety of users in IT and business.
Excellent Customer Service: Nicus has received high praise from reviewers for its customer service and partnership approach. The staff is knowledgeable, helpful, professional, and provided outstanding support in improving ITFM processes according to some reviewers.
Flexible Solution: A reviewer stated that Nicus was highly flexible and adaptable to most any need requested by users. It allowed IT service input files to be automated and mapped to customers while also being viewed as a single source of truth inside an IT organization, helping build customer confidence by consistently producing the same information.
Complicated Planning in Different Currencies: Some users have found the planning process for different currencies to be complicated, and suggest that Nicus should make it more flexible and user-friendly.
Limited Customization of Internal Logic: Reviewers note that the internal logic built-in by users is not visible or changeable within the tool. This lack of customization may limit its usefulness for certain teams.
Inflexibility with Monthly Finalizations: Several reviewers mention that once a month is finalized, changes cannot be made except through future adjustments. While similar to an accounting system, this inflexibility does not allow for real-time updates and could cause issues for some finance teams.
Users highly recommend Nicus as it is a great cultural fit and tool fit for their business needs. One of the standout features of Nicus is its exceptional support and quick problem-solving capabilities. Users suggest conducting thorough research and comparing similar products before making a decision. Furthermore, investing in Nicus is advised for gaining enhanced insights and output. Taking into account these user recommendations can help businesses make an informed choice regarding Nicus. Users also appreciate the level of customization available in Nicus, allowing them to tailor the platform to their specific needs.