AWS Cloud Financial Management
Category: Billing & Account Management
Changes to AWS Billing, Cost Management, and Account Consoles Permissions
AWS will be retiring AWS Identity and Access Management (IAM) actions for the Billing, Cost Management, and Account Consoles under the service prefix aws-portal and two actions under purchase order namespace, purchase-orders:ViewPurchaseOrders, and purchase-orders:ModifyPurchaseOrders. We are replacing them with new fine-grained service specific permissions that give you more control. Read this blog and understand how you can perform updates to your permissions so you can maintain intentional access control to Billing, Cost Management, and Account services.
AWS Cloud Financial Management 2022 Q4 recap
Hope you all had a memorable holiday and are ready to kickstart your Cloud Financial Management (CFM) effort for 2023. We were busy in Q4 last year and want to make sure you don’t miss anything. If you just started following our blog channel, we’ve provided reference links in this blog so you have the […]
Get AWS Cost Anomaly Detection alert notifications in Slack through AWS Chatbot
Get near real-time visibility into anomalous spend by receiving AWS Cost Anomaly Detection alert notifications in Slack using AWS Chatbot. With faster visibility and insights you can reduce cost surprises, enhance control, and proactively increase savings. AWS Cost Anomaly Detection uses advanced Machine Learning to help identify and evaluate the root cause of spend anomalies. […]
Cost Control Blog Series #3: How to Handle Cost Shock
Voiced by Amazon Polly One of the biggest benefits of the cloud is the ability to scale dynamically and reduce costs by paying for only what you use, when you need it. However, when development teams aren’t prepared for this newfound flexibility, cost shock and unexpected cost spikes can occur. If you are new to […]
Launch: AWS Marketplace Vendor Metered Tagging
Customers want to view all AWS related costs via one single pane of glass, whether it be AWS service charges, or third party tools and software licenses purchased through AWS Marketplace. Read this blog “Monitoring your AWS Marketplace Costs and Usage” to learn how you can use AWS Cost Management tools to monitor your software […]
Cost Control Blog Series #1: Good intentions don’t work, but cost control mechanisms do!
Gartner estimates a 70% overspend on cloud resources by organizations who do not have a defined plan for cloud cost management. While cloud brings lower Total Cost of Ownership (TCO), an effective billing management and cost control mechanism is required to make sure you only pay for what you need, and it also empowers your […]
Cost Allocation Blog Series #2: AWS-Generated vs. User-Defined Cost Allocation Tag
Tagging, as a great way to define the ownership and usage purpose of your resources in the format of metadata, allows you to quickly manage and filter your resources and trace costs back to the right entities. In this blog post, we will share his advice on how you use the two types of cost allocation tags: AWS-generated and User-defined.
Update: Elastic Load Balancing Code Change
Elastic Load Balancing is a service that automatically distributes incoming application traffic across multiple targets, such as Amazon EC2 instances, containers, IP addresses, and Lambda functions. It helps customers achieve fault tolerance for any application by ensuring scalability, performance, and security. Starting August 1, Elastic Load Balancing cost and usage information will start showing up […]
Getting Started with AWS Purchase Order Management
As part of the procure-to-pay process, many AWS customers use Purchase Orders (“POs”) to procure AWS services and approve invoices for payment. Customers have told us that they want to use separate POs for different types of purchases and need the ability to track their PO information to ensure that valid POs are used for their invoices.
Manage your Amazon Elastic File System (EFS) costs using AWS Budgets
by Deirdre Corley (Senior Product Manager – Amazon EFS) and Matthew Cowsert (Senior Product Manager – AWS Cost Management) Introduction Since Amazon Elastic File System (EFS) launched in mid-2016, AWS customers have been taking advantage of the low-cost, cloud-native, fully managed NFS file system for Linux-based workloads. Recently we’ve been hearing from EFS customers […]