AWS Cloud Financial Management

Category: Best Practices

New Cloud Financial Management Digital Training Courses

We’re excited to announce the release of AWS Cloud Financial Management digital training courses. These are four 1-hour courses that will get you familiarized with key AWS solutions to solve your daily FinOps needs, and equip you with cost optimization techniques for commonly used AWS services.

how and why CUR 2.0

How and why you should move to Cost and Usage Report (CUR) 2.0?

We want to show you the benefits of CUR 2.0 and provide steps on how to migrate to CUR 2.0, so you don’t lose out! CUR 2.0 builds upon the Legacy CUR, while offering several key improvements for your cost tracking. Both 2.0 and Legacy allow you to analyze AWS costs in greater detail and accuracy, especially by including Resource IDs and hourly time granularity.

automatic tagging for Service Catalog resources

Automating tagging for resources created by AWS Service Catalog

This blog shows how you can automatically propagate account-level tags to AWS resources created by AWS Service Catalog. Service Catalog allows sharing of portfolios across AWS accounts and provides a TagOption library to manage tags on provisioned AWS resources. Resource tagging varies by account, so it is not part of the portfolio product configurations. We designed the solution to reduce the burden on users to a minimum, while also adopting cloud best practices such as infrastructure automation.

Blog image for CAD and ITSM integration_ServiceNow

Integrate AWS Cost Anomaly Detection Notifications with IT Service Management Workflow – Part 2 ServiceNow

In part one of this blog series, we shared instructions on how you can integrate AWS Cost Anomaly Detection (CAD) notification with Atlassian Jira Service Management (read blog). In part two of the blog series, we will shed light on the integration of CAD with ServiceNow IT Service Management. ServiceNow IT Service Management offers a widely […]

Aligning Cloud Costs with the General Ledger for Accurate Financial Analysis

Aligning Cloud Costs with the General Ledger for Accurate Financial Analysis

Given cloud invoice timing and the corporate closing calendar, variances between the AWS CUR and the GL are common for many companies. Our recommendation is to document your financial closing process, and educate leadership on any identified variance drivers. Calculating the variance percentage between the finalized AWS CUR and your GL entry to use as a talking point can also enhance understanding of the financial process.

10 ways to work with Devs

10 Ways to work WITH Developers to take action with FinOps/Cost Optimization

When FinOps Practitioners share recommendations for cost optimization, they can often be met with a “No”, a “I can’t right now”, or “It’s not my priority” from a Developers (Devs). According to the FinOps Foundation’s “State of FinOps 2023” report, the number one pain point was getting engineers to take action. But, I am here to say, “it’s not the Devs fault!” We spoke with customers who have overcome this roadblock and want to share the lessons learned with you! This blog will walk through 10 ways you can work with your engineers to establish a FinOps culture at your organization.