Overview
Assessment, recommendation and implementation of the best practices for enhancing FinOps reporting and allocation capabilities for large organizations.
In particular, deployment of proper cost segmentation, custom allocation of shared costs, credits, marketplace, and improved reporting and chargeback.
Using a combination of tagging, restructured billing organizers such as AWS accounts, and custom allocation, this enables clients to gleen the full picture behind their cloud economics, within the Cloud Financial Management framework.
The Challenge:
IT Leaders may find themselves facing challenges in understanding the economics behind their cloud spend, which inhibits expansion of their cloud workloads, and hence the benefits they see from AWS. For example, they may face challenges in segmenting their AWS spend by business units such as departments, geographic regions, customers or customer segments, or by product or service lines.
The offering is a solution for this issue, as it improves the c-suites understanding of the value that cloud is delivering.
Approx 8-10 weeks to complete.
Our publications on the topic: https://www.eweek.com/cloud/architecting-cloud-workloads-for-financial-reporting-best-practices/
Highlights
- Built by Co-Founders of modern FinOps Framework, and FinOps practice builders from Cloudability, Onica/Rackspace and SADA.
- Enterprise level deployment of Proper Cost Segmentation, Custom Allocation of Shared Costs.
- Improved Reporting and Chargeback
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