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  1. Home
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  3. Nicus ITFM Suite
Logo of Nicus ITFM Suite

Nicus ITFM Suite

byNicus
in IT Financial Management Tools
4.1

Overview

Product Information on Nicus ITFM Suite

Updated 13th October 2025

What is Nicus ITFM Suite?

Nicus ITFM Suite is a software designed to support organizations in managing and optimizing IT financial processes. The software offers features for budgeting, forecasting, cost allocation, and chargeback, enabling visibility into IT expenditures and resource usage. It provides tools for analyzing cost drivers and aligning IT investments with business objectives. The software aims to improve financial management practices by delivering insights into service costs and supporting decision-making for IT projects and operations. Organizations use Nicus ITFM Suite to address challenges related to financial transparency, accountability, and planning within IT departments.

Nicus ITFM Suite Pricing

Nicus ITFM Suite software uses a subscription-based pricing model, typically structured per user or per organization, with costs varying based on the selected modules, features, and level of support required. Pricing details are generally provided upon request, allowing organizations to select configurations according to their requirements.

Overall experience with Nicus ITFM Suite

IT SECURITY & RISK MANAGEMENT ASSOCIATE
1B - 3B USD, Insurance (except health)
FAVORABLE

“Strong Enterprise Adoption Indicates Success of AI-Powered Insights”

4.0
Jan 31, 2025
its user-friendly solution for its financial management.
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 17th October 2025

Nicus helps IT, Finance, and business leaders manage and optimize technology spend with confidence. Built on ServiceNow, Nicus unifies financial and operational data to give organizations complete visibility into costs, consumption, and value across applications, services, projects, departments, and products. Nicus enables teams to plan and forecast budgets accurately, perform showback and chargeback, and identify savings through application rationalization, cloud optimization, and reduction of technical debt. It also provides a clear view of total cost of ownership (TCO) and unit economics. By connecting financial insight with operational workflows, Nicus turns visibility into action—helping enterprises reduce IT run costs, improve forecasting accuracy, and fund innovation. Whether optimizing cloud and AI investments or aligning IT and Finance, Nicus delivers the clarity, control, and confidence to make smarter technology decisions and maximize the return on every dollar invested.

Company Details

Updated 17th October 2025
Company type
Private
Year Founded
1992
Head office location
Roanoke, United States
Number of employees
51 - 200
Website
https://www.nicus.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Nicus ITFM Suite
Performance of Nicus ITFM Suite Across Market Features

Nicus ITFM Suite Likes & Dislikes

Like

AI-powered insights and strong enterprise adoption for cost transparency and optimization

Like

It allows to have a broad vision of each of the processes related to sales, and the costs related to it, which maximizes efficiency in operations and guarantees that many of its functions are carried out in a shorter time with better quality

Like

What I like the most about this platform is that it works in real time which allows having current figures when required as well as maintaining a transparent and collaborative IT process

Dislike

steep learning curve for user unfamiliar with IT financial management tools

Dislike

I have had no problems with the tool

Dislike

I have had no problems with the tool

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Peer Discussions

Nicus ITFM Suite Reviews and Ratings

4.1

(8 Ratings)

Rating Distribution

5 Star
25%
4 Star
75%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.6

Integration & Deployment

4.4

Service & Support

4.6

Product Capabilities

4.4

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • IT SECURITY & RISK MANAGEMENT ASSOCIATE
    1B-10B USD
    Insurance (except health)
    Review Source

    Strong Enterprise Adoption Indicates Success of AI-Powered Insights

    4.0
    Jan 31, 2025
    its user-friendly solution for its financial management.
  • Sales And Marketing Specialist
    10B+ USD
    Services (non-Government)
    Review Source

    Financial control system

    4.0
    Sep 15, 2021
    It is an efficient platform in terms of financial management in the cloud, it is a system that allows remote workgroups, companies or professionals to carry out their processes in a modern way and with technology
  • Product Solutions Manager
    1B-10B USD
    Services (non-Government)
    Review Source

    An IT system that allows investment management

    4.0
    Aug 3, 2021
    This is one of the innovative ITFM solutions necessary for professional teams in companies, since in general it helps to optimize processes thanks to its ability to manage financial systems from investments to resource management in a simple and accessible way
  • Application Testing Lead
    50M-1B USD
    IT Services
    Review Source

    Nicus ITFM Suite Review

    5.0
    Jul 29, 2021
    It is one of the leading ITFM platform that offers excellent self service analytics and workflow creations. It also provides option to customize my report irrespective of volume of data flow. Overall I would say that it is a powerful platform to achieve cost transparency in an innovative way.
  • Senior Analyst
    1B-10B USD
    Retail
    Review Source

    Nicus in Retail

    4.0
    Apr 14, 2021
    We've enjoyed using the tool for the past few years. It has helped us collaborate with our IT partners more effectively, drive accountability, and provide transparency.
Showing Result 1-5 of 8

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Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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