AWS Cloud Financial Management
Author: Ethan Yoon
Ethan Yoon is a Senior Product Manager on the AWS Billing and Cost Management team, where he leads go-to-market initiatives for Credits, Reserved Instances and Savings Plans benefit applications. He works with customers and internal teams to develop features that help enterprises maintain cost accountability and align their AWS commitment investments and benefits.
Control Your AWS Commitments with Reserved Instances and Savings Plans Group Sharing
Your Reserved Instances and Savings Plans are designed to give you the most optimal discount rates by prioritizing the benefits to accounts in the organizations. However, you might have faced a challenge when you’re managing AWS costs across multiple business units: your Reserved Instances and Savings Plans don’t always benefit the teams that purchased them. As a result, it requires manual chargeback work to track ROI, maintain internal accountability, and align spending with your business structure. Today, we’re excited to announce the general availability of Reserved Instances and Savings Plans (RISP) Group Sharing – a new feature that gives customers an option to have granular control over how your AWS commitments are shared across your organization.