FinOps Center FinOps-In-a-Box Hourly

Cloud Financial Management is no longer the responsibility of a few Technical and Financial SMEs but a Business Function that requires active participation by the whole organization: Executives, Business Product Owners, Finance Teams, and Technical Stakeholders.

FinOps Center provides the Role-Based User Experience, Business Processes, and Operating Model with Integrations to AWS and Financial/ITSM Application to enable a Business-Owned Cloud.

Deployed with our AI Agent - “Agent Bill”- Users can better understand their allocated spending by Asking any question to Amazon Q in QuickSight to get a personalized embedded multi-visual response. Agent Bill’s Model Context Protocol(MCP) Server connects to Bedrock Agents Actions Groups and Orchestrations capabilities to provide superpowers to the FinOps Center Users. AWS Cloud Financial Management Core Processes provided by FinOps Center:

• AWS Account Vending Onboarding & Mapping/Remapping to Finance Chart of Account
• User to Spending Scope Onboarding with Rollup/Hierarchy
• Workload Estimates to Budget Alignment
• Workload Resource Claiming for 100% Allocation
• Monthly Spend Scheduling with Approval/Validation
• Period/Weekly Spend Cards to Approve/Dispute Spending to Enforce in Billing Cycle Management
• AWS Credit Alignment to Financial Scope
• AWS Spending Program Management (Migration Acceleration Program / Private Pricing Agreement) for Vendor Management and Product Owners

AWS Cloud Financial Management Integrations

• "Bring Forward" of Approved Annual Budgets for AWS Spending from Enterprise Budgeting System
• FP&A Integration for Business KPI
• Integrate Spending to Account Payable - Procure to Pay
• Amazon Q/QuickSight Row Level Security & Dashboard/Topic Management
• Cost Optimization Accountability leveraging Cloud Optimization Hub Recommendations

FinOps Center Roles & Responsibilities Roles have Daily/Weekly Tasks with some Roles having Admin tasks. All Roles are dependent on their individual Financial Scope.

CCoE Daily/Weekly Tasks

• View of Spending & Workload Estimates across the Organization
• Configure Alignment of Users to Budgets Scope
• Onboard AWS Accounts to Initial Financial Budgets
• Remap Allocation
• Confirm AR Invoices match Cloud Bill
• Download File and Upload to Core Financials
• Validate that FP&A is Accurate
• Monitor Program Participation (MAP and Cost Optimizations)

Admin Tasks

• Map Users to Budgets Scope
• Map AWS Accounts to Budgets
• Close Month and Run Final Cards

Business Unit Executive Daily/Weekly Tasks

• View of Spending & Workload Estimates within their Business Unit
• Monitor Program Participation (MAP and Cost Optimizations)
• Validate that FP&A is Accurate and Download/Upload to Business Unit Core Financial (Optional)

Department Manager Daily/Weekly Tasks

• Monitor Program Participation (MAP and Cost Optimizations)
• View of Spending & Workload Estimates within their Department

Portfolio Owner Daily/Weekly Tasks

• View of Spending & Workload Estimates within their Portfolio
• View/Recommend Resource Claiming/Tagging
• Approval/Rejection of Portfolio Products Monthly Budgets Planned Spend and Rescheduling
• Monitor Program Participation (MAP and Cost Optimizations)
• Approval/Rejection/Resolution of Product Spend Cards

Product Owner Daily/Weekly Tasks

• View of spending within their Product(s)
• Approval/Rejection of Products Spend Cards
• Create/Rescheduling of Planned Monthly Budget Spend
• Monitor Program Participation (MAP and Cost Optimizations)
• Add Tags for Programs Participation
• Create Workload Estimates with AWS Calculators
• Claim/Release Resource to Workload

Cloud Engineer Daily Weekly Tasks

• Monitor Program Participation (MAP and Cost Optimizations)
• Execute Cost Optimization
• Add Users
• Review Workload Estimates
• Claim/Release Resource to Workload
• Add Tags for Program Participation

Admin Tasks

• Deploy/Update FinOps Center
• Add Users
• Vend new AWS Account and Initial Mapping (optional)
• Add/Modify Amazon QuickSight Dashboard/Topics Alignment
• Add Budget Files

Vendor Management Daily Weekly Tasks

• View of Spending & Workload Estimates across the Organization
• Monitor Program Participation (MAP and Cost Optimizations)

Admin Tasks

• Setup Pricebook and Pricing Agreements
• Onboard MAP Contracts