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?
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Conducting manual reconciliation of expenses across individual accounts each billing cycle
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Maintaining separate financial reporting and budgeting for each division without combining resource usage
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Implementing a service to consolidate bills and allocate costs efficiently among all divisions
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Relying solely on individual tagging strategies for resources to manage invoicing for each service
The optimal approach for the company is to utilize a feature that enables bringing together of billing and expenses from multiple accounts. In this context, grouping the accounts would provide a single bill and might unlock volume discounts, making it the most effective choice. Using individual reports or budgets will not achieve the combined billing and potential savings. Tags are useful for cost allocation, but they do not consolidate bills or offer volume discounts.
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AWS Cloud Practitioner CLF-C02
Billing, Pricing, and Support
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