AWS Cloud Financial Management

Category: AWS Organizations

Starting your Cloud Financial Management journey: Cost visibility

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.

Changes to AWS Billing, Cost Management, and Account Consoles Permissions

AWS will be retiring AWS Identity and Access Management (IAM) actions for the Billing, Cost Management, and Account Consoles under the service prefix aws-portal and two actions under purchase order namespace, purchase-orders:ViewPurchaseOrders, and purchase-orders:ModifyPurchaseOrders. We are replacing them with new fine-grained service specific permissions that give you more control. Read this blog and understand how you can perform updates to your permissions so you can maintain intentional access control to Billing, Cost Management, and Account services.

Cost Tagging and Reporting with AWS Organizations

Voiced by Amazon Polly   Organized, meaningful cost and usage data helps make informed decisions for your cloud investment. AWS provides various resources and tools to help you organize resources and accounts, such as AWS Cost Categories, AWS Control Tower, and AWS Organizations. AWS Organizations is a great service to centrally manage and govern your […]

Cost Reporting Based on AWS Organizations Account ID Tags

This blog post shares how you can build cost reports based on AWS Organizations Account tags.  Learn how you can retrieve your account information, including tags from AWS Organizations, get your cost details from the AWS Cost Explorer API, and store this information in a CSV file in Amazon S3.

Take a sneak peek at AWS re:Invent 2020 Cloud Financial Management Sessions

What do you miss most about re:Invent? For those of you who haven’t been to one yet, re:Invent is a conference hosted by AWS for the global cloud computing community. Each year tens of thousands of customers and partners from around the globe gather in Las Vegas for a week of “jam packed” launch announcement, education, networking, and most importantly fun activities.

AWS Well-Architected Cost Optimization Labs Updated

  AWS’s breadth of resource options and purchase models allow you to design your infrastructure in a most cost-efficient way possible.  You can start by identifying idle and underutilized resources with services such as AWS Cost Explorer Recommendations, matching your resource capacity with business demand using services such as Instance Scheduler, and taking advantage of […]

Launch: AWS Budgets Actions

Imagine you can put some real teeth to your AWS Budgets.  Rather than warning you of a forecasted or actual cost overage, AWS can act on your behalf and stop the activities that caused the overage. We are pleased to announce that this came to a reality with the launch of AWS Budget Actions. Our […]

Cost Allocation Blog Series #5: Building an AWS cost allocation strategy with Apptio Cloudability

As you establish and implement your cost allocation model, AWS equips you with tools and resources to organize accounts and resources (e.g. AWS Organizations), improve visibility into detailed cost and usage data (e.g. AWS Cost and Usage Reports), and group cost and usage information into meaningful groups by your own rule (e.g. AWS Cost Categories).  For customers who want to understand what premium 3rd party solutions are available to help you better organize and report your cost in preparation for chargeback or showback in your organizations, AWS Partner Network has verified partners that can offer cloud management solutions to help customers manage and optimize AWS environments.   In this blog post, we will share how you can leverage Apptio Cloudability to build your cost allocation strategy.

Enforce and Validate AWS Resource Tags

Cost Allocation Blog Series #3: Enforce and Validate AWS Resource Tags

Tagging is one of the most foundational steps that you need to take in order to establish a meaningful cost allocation model. Customers asked us how you can ensure teams consistently create and apply the resources tags based on the tagging strategy. In this blog, we will share recommendations on how your team, especially your AWS administrators, can enforce and validate your resource tags.