Configure Checks for your cost accounts

The Checks feature in CloudSpend enables you to configure and manage budgets and anomalies for your cost accounts. By setting up budget thresholds and monitoring spending patterns across accounts, business units, and reports, the Checks feature ensures proactive cost management. It helps in the timely detection of irregularities in cloud expenditures, enabling you to stay on top of your cloud expenses.

The feature periodically evaluates budgets and anomalies, leveraging AI to analyze deviations and permissible limits. This proactive approach minimizes alert noise while providing actionable insights into cost anomalies.

Use case

If your organization uses multiple cloud accounts across AWS, Azure, and GCP to host applications and manage services, you may face challenges in staying within budget, detecting cost spikes promptly, and providing accurate chargebacks and showbacks to business units.

With the Checks feature in CloudSpend, you can set budget thresholds and configure the anomaly deviation percentage for each account, business unit, or report. CloudSpend automatically monitors these thresholds, alerting you when the checks exceed their limits. Additionally, the anomaly detection feature identifies unusual spending patterns and calculates permissible deviations, allowing you to address overspending effectively.

By using these insights, you can ensure budget compliance, gain better cost visibility, quickly investigate and resolve irregular spending issues, and optimize cloud expenses.

Benefits of Checks

The Checks feature provides you with the following benefits:

  • Proactive cost management: Monitor spending patterns for cost accounts, business units, and reports, ensuring you stay within your budget thresholds.
  • Anomaly detection with AI: Leverage AI to identify deviations in spending and determine permissible variations for a given anomaly. Understand how much your cost has deviated for quick corrective action.
  • Reduced alert noise: The periodic checks minimize redundant notifications, ensuring you receive alerts only for configured budget or anomaly limits.
  • Improved cloud expenditure visibility: Gain insights into irregular cloud expenditures, helping you optimize costs and maintain financial control.
  • Enhanced decision-making: With detailed anomaly insights, make informed decisions to realign budgets or investigate expenditure issues effectively.

Configuring a Budget

You can configure and set budgets for Accounts, Business Units, and Reports.

Checks Budget

Configuring an Anomaly

You can configure anomalies for Accounts, Business Units, and Reports.

Anomaly Checks

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