A company operates several distinct online services, each with its own set of cloud resources and separate accounting. As the finance team seeks to streamline the invoicing process while potentially lowering overall costs, what is their optimal approach to managing these services collectively?
Conducting manual reconciliation of expenses across individual accounts each billing cycle
Maintaining separate financial reporting and budgeting for each division without combining resource usage
Relying solely on individual tagging strategies for resources to manage invoicing for each service
Implementing a service to consolidate bills and allocate costs efficiently among all divisions