Why Cloud Financial Management with AWS?
The dynamic nature of cloud usage allows you to quickly scale up and down resources, according to real-time business needs. Such agility and scalability also drive the need for cost visibility and control. This allows you to track and understand your cloud investment and its value, and influence efficient technology resource consumption behavior. To achieve cost transparency and accountability, you need to have a unified view of your billing and usage and be able to organize your cost and usage data. This ensures they are meaningful and can be aligned with your business outcomes.
AWS provides tools for you to get a single pane view for your AWS cost and usage incurred by all of your users. You can manage your bills and payment, customize and report your cost and usage data, and allocate charges back to your business entities, e.g. teams, projects, or products.