Cloud Financial Management

Cloud Financial Management refers to the process of managing and optimizing the financial aspects of cloud services. It involves planning, controlling, and analyzing costs associated with cloud computing resources. This includes understanding usage patterns, setting budgets, forecasting expenses, and ensuring accountability across teams. By effectively managing these financial elements, organizations can maximize their cloud investments, reduce unnecessary spending, and align cloud resources with business goals. Overall, it helps businesses make informed decisions about their cloud services, ensuring they get the best value while maintaining control over their expenses.