new
improved
Cloud Cost Management (FinOps)
Cost Allocations
The Cost Allocations feature provides a systematic approach to apportion costs to tenants in an efficient and accurate manner. This functionality is essential for organizations that need to track and monitor the costs associated with specific resources and services consumed by tenants.
This feature enables organizations to distribute costs among tenants efficiently, significantly reducing administrative overhead and minimizing the potential for errors. It also helps identify the exact usage and ensure that each tenant is charged appropriately.
The cost allocation process is driven by a set of predefined rules. These rules determine how costs should be apportioned among tenants. The system offers flexibility by allowing these rules to be customized according to specific business requirements.
The feature includes robust reporting capabilities, allowing users to generate detailed reports on cost allocation. These reports provide insights into resource consumption and cost distribution and help in budgeting and financial planning.
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