AWS Cloud Financial Management

ICYMI: Become a data-driven organization, track AWS Elastic Disaster Recovery costs, and manage cloud costs for your business

We understand how important it is to understand and use your data to centrally manage your billing and payment for multiple accounts, define tagging and allocation strategies that speak to your business needs, and attribute cost and usage back to the right entities to evaluate performance and profitability.

So, we’ve selected the top 3 resources from last month to help you organize and report cost and usage based on user-defined methods:

[AWS Executive Insights]

1. How do you become a data-driven organization?

Data is more than an operational asset like factories, machinery, IP, and capital. Utilized correctly, data is an invaluable source of potential growth. The key is recognizing its inherent value, leveraging it intelligently, and creating a culture that embraces the power of being data-driven.

🔎 Read the executive insights article

[AWS Storage Blog]

2. Tracking AWS Elastic Disaster Recovery costs with AWS Cost Explorer and cost allocation tags

Organizing, forecasting, and understanding the costs of your disaster recovery (DR) solution is an important part of cost optimization and management. AWS Elastic Disaster Recovery provides scalable, cost-effective application recovery to AWS. However, it can be challenging to predict and plan for overall expenses. Read this blog to get step-by-step instructions on activating cost allocation tags, creating and saving a custom report, and exporting the report data to understand the overall costs of using Elastic Disaster Recovery.

🚀 Explore and get started

[AWS Smart Business Blog]

3. How to manage cloud costs for your Small or Medium Business

For your small or medium business (SMB) to get maximum return on its IT investments, you must build a strong foundation of cloud financial management capabilities. We’ll walk you through how to generate enriched billing data, and analyze and understand this data with AWS tools and best practices to identify cost savings, cost optimize your operations, and enable future growth.

💡 Check out the blog

Luis Abud

Luis Abud

Luis oversees the Digital Experience for AWS Billing and Cost Management services. He focuses on enabling finance and business leaders to transform their business with cost transparency, control, forecasting, and optimization. In his previous career, he helped tech and retail companies establish and enhance their digital presence in Latin America.