FinOps Center Enterprise Monthly

Cloud Financial Management needs to be Simple. There is the need to hold Budget Owners and their Management responsible for their AWS Spending but its too complicated.

FinOps Center make Cloud Financial Management Easy with an Intuitive User Experience and AI Agents that assist with CFM Business Processes.

AWS Cloud Financial Management Core Processes provided by FinOps Center:

AWS Account Vending Onboarding & Mapping/Remapping to Finance Chart of Account User to Spending Scope Onboarding with Rollup/Hierarchy Workload Estimates to Budget Alignment Workload Resource Claiming for 100% Allocation Monthly Spend Scheduling with Approval/Validation Period/Weekly Spend Cards to Approve/Dispute Spending to Enforce in Billing Cycle Management AWS Credit Alignment to Financial Scope AWS Spending Program Management (Migration Acceleration Program / Private Pricing Agreement) for Vendor Management and Product Owners

AWS Cloud Financial Management Integrations

"Bring Forward" of Approved Annual Budgets for AWS Spending from Enterprise Budgeting System FP&A Integration for Business KPI Integrate Spending to Account Payable - Procure to Pay Amazon Q/QuickSight Row Level Security & Dashboard/Topic Management Cost Optimization Accountability leveraging Cloud Optimization Hub Recommendations

FinOps Center Roles & Responsibilities Roles have Daily/Weekly Tasks with some Roles having Admin tasks. All Roles are dependent on their individual Financial Scope.

CCoE Daily/Weekly Tasks

View of Spending & Workload Estimates across the Organization Configure Alignment of Users to Budgets Scope Onboard AWS Accounts to Initial Financial Budgets Remap Allocation Confirm AR Invoices match Cloud Bill Download File and Upload to Core Financials Validate that FP&A is Accurate Monitor Program Participation (MAP and Cost Optimizations)

Admin Tasks

Map Users to Budgets Scope Map AWS Accounts to Budgets Close Month and Run Final Cards

Business Unit Executive Daily/Weekly Tasks

View of Spending & Workload Estimates within their Business Unit Monitor Program Participation (MAP and Cost Optimizations) Validate that FP&A is Accurate and Download/Upload to Business Unit Core Financial (Optional)

Department Manager Daily/Weekly Tasks

Monitor Program Participation (MAP and Cost Optimizations) View of Spending & Workload Estimates within their Department

Portfolio Owner Daily/Weekly Tasks

View of Spending & Workload Estimates within their Portfolio View/Recommend Resource Claiming/Tagging Approval/Rejection of Portfolio Products Monthly Budgets Planned Spend and Rescheduling Monitor Program Participation (MAP and Cost Optimizations) Approval/Rejection/Resolution of Product Spend Cards

Product Owner Daily/Weekly Tasks

View of spending within their Product(s) Approval/Rejection of Products Spend Cards Create/Rescheduling of Planned Monthly Budget Spend Monitor Program Participation (MAP and Cost Optimizations) Add Tags for Programs Participation Create Workload Estimates with AWS Calculators Claim/Release Resource to Workload

Cloud Engineer Daily Weekly Tasks

Monitor Program Participation (MAP and Cost Optimizations) Execute Cost Optimization Add Users Review Workload Estimates Claim/Release Resource to Workload Add Tags for Program Participation

Admin Tasks

Deploy/Update FinOps Center Add Users Vend new AWS Account and Initial Mapping (optional) Add/Modify Amazon QuickSight Dashboard/Topics Alignment Add Budget Files

Vendor Management Daily Weekly Tasks

View of Spending & Workload Estimates across the Organization Monitor Program Participation (MAP and Cost Optimizations)

Admin Tasks

Setup Pricebook and Pricing Agreements Onboard MAP Contracts