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Cloud Financial Management

Cloud Financial Management with AWS

Transform your business with cost transparency, control, forecasting, and optimization

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Why Cloud Financial Management with AWS?

The cloud allows you to trade fixed expenses (such as data centers and physical servers) for variable expenses, and only pay for IT as you consume it. And, because of the economies of scale, the variable expenses are much lower than what you would pay to do it yourself. Whether you were born in the cloud, or you are just starting your migration journey to the cloud, AWS has a set of solutions to help you manage and optimize your spend.

During this unprecedented time, many businesses and organizations are facing disruption to their operations, budgets, and revenue. AWS has a set of solutions to help you with cost management and optimization. This includes services, tools, and resources to organize and track cost and usage data, enhance control through consolidated billing and access permission, enable better planning through budgeting and forecasts, and further lower cost with resources and pricing optimizations.

Cloud Financial Management Solution Areas

AWS Cloud Financial Management Services

Whether you want to organize and track your cost and usage, enhance control through consolidated billing and access permission, enable better planning through budgeting and forecasting, or further lower cost with resources and pricing optimizations, you can leverage our services, tools, and resources to help reduce your AWS bill.

Use Cases
Capabilities
AWS Resources
Organize
Construct your cost allocation strategy that aligns with your business logic
AWS Billing Conductor | AWS Cost Allocation Tags | AWS Cost Categories
Report
Raise awareness and accountability of your cloud spend with the detailed, allocable cost data
AWS Cost Explorer | AWS Cost and Usage Report
Access
Track billing information across the organization in a consolidated view
AWS Consolidated Billing | AWS Purchase Order Management | AWS Credits
Control
Establish effective governance mechanisms with the right guardrails in place
AWS Cost Anomaly Detection | AWS Identity and Access Management | AWS Organizations | AWS Control Tower | AWS Service Catalog
Forecast
Estimate your resource utilization and spend with forecast dashboards that you create
AWS Cost Explorer (Self-Service) | AWS Budgets (Event-Driven)
Budget
Keep your spend in check with custom budget threshold and auto alert notification
AWS Budgets | AWS Budget Actions | AWS Service Catalog
Purchase
Leverage free trials and programmatic discounts based on your workload pattern and needs
AWS Free Tier | AWS Reserved Instances | AWS Savings Plans | AWS Spot Instances | Amazon DynamoDB On-demand
Elasticity
Scale and schedule your services based on your expected utilization pattern and needs
AWS Instance Scheduler | Amazon Redshift pause and resume | EC2 Auto Scaling | AWS Trusted Advisor
Rightsize
Align your service allocation size to your actual workload demand
AWS Cost Explorer Right Sizing Recommendations | AWS Compute Optimizer | Amazon Redshift resize | Amazon S3 Intelligent Tiering
Inspect
Stay up-to-date with your resource deployment and cost optimization opportunities

AWS Cost Explorer