Tag: Track and Allocate

How can you build a “team” that understands, executes, and optimizes CFM strategies that maximize business value from the cloud? We share ways you can accelerate your stakeholders’ optimization efforts, and establish and encourage cross-team communication to learn from each other, share what’s worked well, and accelerate best practice adoption. 

In this post, we’ll show you what tools you can use, and how you can use them to define, implement, and enforce a tagging strategy that improves your organization’s cost awareness using AWS Cost Explorer, AWS Organizations, AWS Tag Editor, and AWS Config.

AWS has launched two new features for creating AWS Cost Categories rules. It has added a new dimension -“Region” to its category rule, and a new dimension operator “OR” to define cost categories rules across dimensions. You can now create cost categories rules with six types of dimensions – “Linked Account”, “Charge Type”, “Service “, […]

To operationalize your CFM strategy, you need to identify what tools are available to help you allocate, visualize, and control your AWS cost and usage. In this blog, we’ll share our latest CFM Talk session, where we walk you through an example optimization (using AWS Graviton) to shed light on the framework for how you should think about each CFM pillar and layer tooling into your strategy.

In this blog, we will review how to define a chargeback and cost allocation strategy, and then walk you through a reference architecture to build and automate the chargeback process. The example will provide prescriptive guidance to chargeback AWS Transit Gateway costs.

AWS Billing Conductor (ABC) has launched SKU pricing rules, which allow you to change the rate for any resource running in your environment. In this blog, we’ll walk through how you can get started using this new feature, which lets you apply your chargeback method in a more targeted and consistent manner each month.

As your company starts to innovate faster, develop new solutions, and take advantage of the flexible model of the cloud, you need to ensure your CFM setup can handle it all. To help you get started, this blog series is going to take you through each of the four AWS CFM principles: See, Save, Plan, and Run. We’ll give you practical recommendations you can implement to set your business up for success.

The following blog was published on Nov.8, summarizing the Cost Explorer UI changes made in October this year. We’ve since incorporated your feedback in our recent updates and have called out these in the blog below with rationale and instructions. AWS Cost Explorer has recently updated its user interface on October 11, 2022 and from […]

The Cloud Financial Management (CFM) Peer Connect is a peer-focused interactive virtual event, providing AWS customers an environment to have an unbiased, open exchange of ideas and best practices relating to transforming your business with cost transparency, control, forecasting, and optimization. We share the top three ways customer have told us they allocate shared costs.

All week long, our Cloud Financial Management experts have been speaking with customers and CFM practitioners from around the globe at re:Invent 2022. A few questions, time and again, have emerged as trending topics, so we’re answering them here, direct from the CFM kiosk.