AWS Cloud Financial Management

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.

Tagging, as a great way to define the ownership and usage purpose of your resources in the format of metadata, allows you to quickly manage and filter your resources and trace costs back to the right entities. In this blog post, we will share his advice on how you use the two types of cost allocation tags: AWS-generated and User-defined.

If it’s Everyone’s job, it’s No One’s job. On our team, we take this lesson to heart and always make sure there is a clear owner for everything we do.  This helps ensure everyone is responsible for specific tasks or goals, and will not be bystanders, assuming someone else will pick up the work. The […]

Elastic Load Balancing is a service that automatically distributes incoming application traffic across multiple targets, such as Amazon EC2 instances, containers, IP addresses, and Lambda functions.  It helps customers achieve fault tolerance for any application by ensuring scalability, performance, and security. Starting August 1, Elastic Load Balancing cost and usage information will start showing up […]

As part of the procure-to-pay process, many AWS customers use Purchase Orders (“POs”) to procure AWS services and approve invoices for payment. Customers have told us that they want to use separate POs for different types of purchases and need the ability to track their PO information to ensure that valid POs are used for their invoices.

We have further enhanced our forecasting algorithm to allow a same day start date so customers can always access and view their historical and predicted costs in their Cost Management console and via Cost Explorer API without any gaps. Prior to this change, the current date was an invalid start date for calls to GetCostForecast […]

We are pleased to announce the AWS Cost Management suite of products is now available in AWS China (Ningxia) Region, operated by NWCD, and in AWS China (Beijing) Region, operated by Sinnet.  The services and features include AWS Cost Explorer, AWS Budgets, AWS Cost and Usage Report (CUR), Reserved Instances Recommendation and Reporting, and EC2 […]

We recently released an updated version of the Cost Optimization pillar of the AWS Well-Architected Framework with a heavy focus on Cloud Financial Management. Since releasing the AWS Well-Architected Tool at re:Invent 2018, we’ve continued to work with customers, partners, and other AWS subject matter experts to understand how we can improve the tool and […]

This blog is contributed by Shankar Ramachandran, Solutions Architect, Optimization Enterprise customers who leverage consolidated billing on AWS often have the need to do internal cost allocation. This can be challenging, particularly when using pricing models such as Savings Plans. In this blog post, we will provide prescriptive guidance on how to build an equitable […]

We are pleased to announce that AWS Cost Management Console is now available on the AWS Console Mobile Application. This means you can now check your cost and usage information anywhere anytime on the go. Getting started If you haven’t done so, you can download the AWS Console application from your Apple App Store, Google […]