AWS Cloud Financial Management

Category: Billing & Account Management

Amazon case study for ABC

Automating custom rates at scale: an Amazon case study with AWS Billing Conductor

In this blog post, we discuss how Amazon used AWS Billing Conductor to build a custom solution, enabling them to view their AWS cost at internal rates in AWS Cost Explorer and AWS Cost and Usage Report (CUR).

Custom billing view

Introducing custom billing views: tailored cost and usage view for your stakeholders

Today, we are excited to announce custom billing views, a new feature within AWS Billing and Cost Management that allows you to grant member accounts in your organization access to cost and usage view spanning multiple member accounts. Many of you have teams that own multiple AWS accounts and told us that you want to have a single view of cost data for each team. At the same time, you want to minimize the number of people who have access to the management account that owns the organization-level cost data. With the newly launched custom billing views, you can now make cost and usage data spanning multiple member accounts available to a designated member account in your organization. Let’s dive into how you can set this up.

Configuring your AWS Invoices using Invoice Configuration

Today, AWS announced Invoice Configuration, which provides you the ability to customize your invoices to fit your unique business needs. Invoice Configuration enables you to receive separate AWS invoices for each of your business entities such as subsidiaries, cost centers, legal entities, departments etc., while being a part of the same AWS Organization.

Invoice Configuration enables you to split AWS charges on a business entity level, designate a separate Invoice Receiver, and receive separate invoices for each of your business entities. This not only enables you to process your AWS Invoices faster, but also enables you to track funding for each business entity separately and enables you to customize your AWS Invoices to adhere with unique FinOps processes that you may have across your business entities.

Recap of 2023 reinvent CFM launches

Recap of AWS re:Invent 2023 Cloud Financial Management Product Launch Announcements

If you’re scratching your head and trying to catch up with all the re:Invent launch announcements from the AWS Cloud Financial Management team, let me walk you through how your FinOps experience may be improved for better with the latest capabilities that were just released last week at AWS re:Invent 2023. I’ve also included recordings of these launch announcements, so you can watch these at your own pace.

unified billing and cost management console

Managing your cloud finances with the unified Billing and Cost Management Console

Today, AWS launched a unified Billing and Cost Management console to help you manage your AWS cloud finances more easily and efficiently. The unified console includes a new home page with insights and recommendations to help you make faster, better-informed decisions, more intuitive navigation to streamline your workflows, and improved resources to help you learn and implement Cloud Financial Management best practices. This post explains how you can use the unified Billing and Cost Management console to manage your AWS cloud finances and answers frequently asked questions.

AWS re:Invent 2023 Know Before You Go: a guide to Cloud Financial Management programs

If you’re planning to attend the AWS re:Invent 2023 and wondering what Cloud Financial Management sessions and activities you should participate, look no further! In this blog post, we’ll take a sneak peek into these programs. Hope it can help you navigate re:Invent like a true CFM pro and learn and meet with like-minded FinOps professionals.

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 […]