Accurate and timely cloud financials can be extremely elusive. While tags can help, they are not enough to deal with shared resources, untaggable costs, or to map services to your accounting structure and to provide a cohesive view across accounts, subscriptions and clouds. Furthermore, billing data does not reflect discounts, credits, amortization and custom surcharges — critical for allocations and chargebacks.
"With so many constantly moving parts, stakeholders are desperate for a precise and timely business allocation of their cloud spend. Cloud financial accuracy is not a nice to have, it’s a must have."
"Every week I get a new request for a specific slice of our usage and spend data across clouds: allocations by product, by service type, by environment (test vs production), by cloud provider, by geography, by user – you name it!"
"I understand how cloud can be great for agility, but we are running a business and we need to manage our cloud financials like we do the rest of the business. No big black box, no wild west. Move fast and be accountable, with solid governance and financial reporting."
Visibility is not much use if it doesn't start with the right data.
Map cloud resources to any organizational accounting structure, business organization, or technology environment.
Create custom Views to further narrow down the subset of data you want to focus on.
Empower teams with the allocation and chargeback data relevant to the business and technology slice they are accountable for.
Reporting what happened is tough enough in the cloud, and forecasting what your spend will be can be even tougher. Not with Cloudability!
Container technology adoption is gaining momentum. Being a shared service across teams, applications and underlying resources, it is challenging to get visibility to properly allocate container usage to the right cost centers for chargebacks.