AWS Cloud Financial Management

Tag: AWS Budget

Introducing Budget Controls for AWS: Automatically Manage Your Cloud Costs

If you are new to AWS, you may be wondering how you can learn and experiment with cloud services while keeping your spend under your control. Budget Controls for AWS is an open-source solution designed to solve this problem. This solution was designed for customers new to AWS with no prior experience. It automatically watches your spending and takes actions you define when costs reach certain thresholds. Think of it as a safety net that can send you alerts, temporarily stop resources, or even delete them to prevent runaway costs.

Automating Budget Management Across Multi-Account Environments

Managing AWS spending across multiple accounts demands a sophisticated approach to budget control and monitoring. Our custom solution enables centralized budget management with automated email notifications, allowing organizations to set and enforce account-specific budgets from a central management account. This automated system tracks spending across individual accounts and delivers timely alerts when accounts approach or exceed their allocated budgets. The central management account serves as a single source of truth, where finance teams can configure unique budget thresholds for each account and receive notifications about spending patterns across accounts in the entire organization.

Cost Control Blog Series #2: Automate Cost Control using AWS Service Catalog and AWS Budgets

Customers let us know that they want native, automated spend management capability at the point of self-service resource provisioning. AWS Service Catalog allows you to pre-approve services for your users. With its integration with AWS Budgets, you can create and associate budgets with portfolios and products, and keep your developers informed the resource costs for them to run cost-aware workloads. In this blog post, we will walk you through how you can set up a serverless automated workflow to govern the cost for your AWS Service Catalog portfolio.