Cloud Financial
Management for
the Humans

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Finops Proccess

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FinOps Center Framework

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What problem is FinOps Center Solving and what does it do?

The adoption of AWS has fundamentally altered the IT financial management, expense distribution, and fiscal responsibility practices for customers. As they continue to develop their partnership with AWS, clients need to rationalize their credits and discounts to the appropriate product group or line of business. While cost optimization remains a priority for numerous Cloud Centers of Excellence (CCoEs), achieving a balance between expenditure and budget, and maintaining spend accountability, extends beyond mere cost optimization.

We call this the FinOps 2 Speed Problem

FinOps Center is a purpose-built process application that enables the business and engineering constituents in customers’ CCoE to understand and act to control their cloud cost. This frees up specialists to concentrate on optimization.

FinOps 2 Speed Problem & Solutions

Mode 1:

Spend/Bill Approval Processing

80% in soft saving opportunity

  • arrowSkepticism of value due to lack of centralized source of truth
  • arrowCost of time on task (budget scheduling, spend approval & data transformation to core financial application) compared to “onprem” control systems
Platform Service
Mode 2:

Cost Optimization

30% in hard saving opportunity

  • arrowOver provisioning, idle resources
  • arrowMaximizing buying option
Solution:
  • arrowCustom process applications that targets reducing time on task of management of project spending and integration of spending to core systems.
  • arrowAll of Organization ownership of Cloud Spending Tasks.
Process
Discovery
8 Weeks
V1 Process
Buildout
24 Weeks
Projects
  • QuickStart
  • Amazon Q Framework
  • CFM CCoE
  • Phase 1
  • Phase 2
  • Managed Services
Solution:
  • arrowSaaS Solutions that consumed billing data to provide resource provisioning recommendation and provide purchase options.
  • arrowSmall SME Business and Engineering Teams owning all Tasks including automation implementation and management.
Projects
Setup Billing Feed
1 Day
CostOps Automation
2 Weeks
CostOps Office
~50Hrs Monthly

Bringing things together

AWS programs

Credits Calculator

Credits Calculator

AWS Migration Hub MAP Funding

AWS Migration Hub MAP Funding

Buying Agreement

Buying Agreement

Cost and Usage

Cost and Usage

Governance Services

AWS Control Tower

AWS Control Tower

AWS Organizations

AWS Organizations

AWS Budget / Actions

AWS Budget / Actions

FinOps Center Logo

Financial System

Oracle

Oracle

Workday

Workday

Oracle NetSuite

Oracle NetSuite

IBM

IBM

Quickbooks

Quickbooks

SAP Ariba

SAP Ariba

ServiceNow

ServiceNow

Q&A / Business Intelligence

quicksightAmazon Q logo

Amazon Q in Quicksight FinOps Center Framework

CUDOS
KPI
Cloud intelligence Dashboard
TAO
Trends
quicksight

Key Cloud
Financial
Management
Processes &
Capabilities

Cloud Financial

How it Works

AWS Marketplace

AWS Marketplace

AMI

AMI

EC2

EC2

Role

Role

S3

S3

FinOps Center

FinOps Center

CloudFormation

CloudFormation

Customer Master Payer

title

Account Management API

title

Platform API

title

S3

title

Cost & Usage Report

title

Cost Optimization Hub Data Export

title

Route 53

Cloud Operations (Delegated Admin)

Cognito

Cognito

CloudFront

CloudFront

Cetificate Manager

Cetificate Manager

Virtual private cloud (VPC) Security Group

Unanimous Embedding

Unanimous Embedding

Amazon QuickSight

Amazon QuickSight

Amazon Athena

Amazon Athena

Amazon Q

Amazon Q

DynamoDB

DynamoDB

AWS Step Functions

AWS Step Functions

S3

S3

React

React

NodeJS

NodeJS

SNS

SNS

Lambda

Lambda

AppSync

AppSync

EndPoints

EndPoints

Plans

Select the plan that best suits your team.

FinOps Center “FinOps In-a-Box” Hourly

Free trial
$.99/hr *

  • Full Features
  • 10 Accounts
Try Now* Each installation/update requires ~10Mins of billable EC2 aligned to hourly fees. Estimate $83 per installation/update

FinOps Center “FinOps In-a-Box”

Year 1 $12,500 *

  • Full Features
  • 25 Accounts
Buy Now* Via AWS Marketplace Special Offer

FinOps Center Enterprise

$85k Annual

  • Full Features
  • Unlimited Accounts
Buy Now

Amazon Q in Quicksight
FinOps Center


FREE

  • Scripted Deployment
  • Onboarding Support
Try Now