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Cloud Financial Management


Get cost transparency, control, forecasting, and optimization. 

Benefits

Planning and assessment 

Improve planning and have visible forecasts of variable usage. 

Management and control 

Central billing, automatic cost governance, and simplified procurement processes. 

Organization and reporting 

Understand and track usage and costs appropriately.

Optimization and savings 

Continuously optimize spending with personalized savings recommendations. 

Use cases

Resources

Resources and Services

Organization

Develop a business-aligned cost allocation strategy.

AWS Billing Conductor, AWS Cost Allocation

Tags: AWS Cost Categories

Report

Increase awareness and accountability of yur cloud spending with detailed, allocatable cost data.

AWS Cost Explorer; AWS Cost and Usage Report; AWS Application Cost Profiler. 

Access

Track billing information across the organization in a consolidated view.

AWS Consolidated Billing; AWS Purchase Order Management; AWS Credits. 

Control

Establish effective governance mechanisms with the right protection measures.

AWS Cost Anomaly Detection; AWS Identity and Access Management; AWS Organizations; AWS Control Tower; AWS Service Catalog. 

Forecast

Evaluate spending and resource utilization with forecasting dashboards.

AWS Cost Explorer (Self-Service); AWS Budgets (Event-Driven). 

Budget

Keep your spending and resource utilization with forecasting dashboards.

AWS Budgets; AWS Budget Actions; AWS Service Catalog. 

Purchase

Leverage free trials and programmatic discounts based on pattern and workload requirements.

AWS Free Tier; AWS Reserved Instances; AWS Savings Plans; AWS Spot Instances; Amazon DynamoDB On-demand. 

Elasticity

Scale and schedule services based on pattern and usage needs.

AWS Instance Scheduler; Amazon Redshift pause and resume; EC2 Auto Scaling; AWS Trusted Advisor. 

Sizing

Align service allocation size to actual workload demand.

AWS Cost Explorer Right Sizing Recommendations; AWS Compute Optimizer; Amazon Redshift resize; Amazon S3 Intelligent Tiering. 

Inspection

Keep up on opportunities for cost optimization and resource deplyment.

AWS Cost Explorer. 

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