AWS Cloud Financial Management
Tag: invoices
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.
Adapting procurement to payment (P2P) with AWS Purchase Order Management
Procurement and Account Payable (AP) teams are critical players in the IT Financial Management process. They ensure the accurate and punctual purchase and payment of technology resources that organizations need. From the “traditional technology consumption” era, when organizations had a more structured approval and procurement cycle to acquire and stand up physical infrastructures, to the […]