Cloud Finance Management

Finops CFOs, Finance Managers, Cloud Operators, Product Managers

Finops assesses and optimizes finance health for organizations invested in the cloud. On average, over 35% of cloud spends go to waste due to typical reasons of idling and overprovisioning. Cloud organizations need to constantly watch out for billing and utilization anomalies. FinOps provides visibility into cost and resource utilization trends along with targeted reports and proactive alerts so that users can be in the know all the time. Our automated actions alleviate operators of complex and error-prone operations while improving their productivity by orders of magnitude. Finops is your long term partner for cloud finance strategy.

Enterprises face challenges in cloud finance management

Limited visibility into cloud waste

After lift-and-shift to the cloud, many Finance and CloudOps teams do not have a clear picture about their cloud waste. Even though cloud is very flexible in resource provisioning and adjustment, these teams lack visibility on what to optimize

Time consuming optimization tasks

Optimization tasks such as right-sizing, setting startup/shutdown schedules for non-production instances, cleaning unused storage can be time consuming especially if the organization has a large number of resources Automation is key here.

Centralized governance

Enterprises have company-wide policies, which are not easy to implement in a flexible cloud environment. They need a policy engine that can enforce the policies across the company, e.g. budgets.

Collaboration between Finance and IT Teams

Finance Teams and IT Teams often have different perspectives on how to manage cloud finance. Finance Teams have the objective to be lean and not wasteful while IT Teams have the goal to ensure their business services run smoothly in the ever-changing dynamics. These two teams need a collaboration platform to balance the various priorities.

Self-service to boost productivity

Finance Teams want to access to the cloud resource consumption data whenever they need without having to wait for IT Teams to submit monthly reports. IT Teams need to be able to access the optimization recommendation data whenever they need to without having to wait for reports from cloud administrators A self-service platform with role- based access is key

Aquila Clouds FinOps addresses all the above challenges in our holistic SaaS platform using a closed-loop approach providing visibility, optimization recommendations, automated actions, centralized governance, and collaboration mechanisms. Our goal is to ensure that your organization runs wisely and efficiently on the cloud, be it AWS, MS Azure (and Azure Stack), GCP, Oracle Cloud, Digital Ocean or VMware

Aquila Clouds FinOps ROI include:

Truly leverage cloud flexibility

Cloud's promise to be flexible and elastic can be achieved only with comprehensive visibility and automation by Aquila Clouds Finops.

Business applications run on necessary resources (and no more)

FinOps facilitates decisions and actions to reduce cloud waste. Your business applications on the cloud will only run on necessary resources.

Disciplined organization with clear budgets

FinOps enables clear company oversight using federated governance and policies. Organizations can drive their profitability with close control of budgets.

Team collaboration

Team communication becomes so much easier and more efficient because of in-platform messagingtivate Windows capabilities. Productivity becomes orders of magnitude better.

Billops - Target audience: Managed Service Providers, Cloud resellers

BillOps simplifies monthly billing operations with automation and customizable product catalog. Operators no longer have to fret about huge spreadsheets and manual operations. Billing data are automatically ingested and processed into customer consumable bills after the rules are set. Operations that used to take weeks to finish now take minutes.

Huge data volume

Consumption data per billing period scales up quickly as number of end customers and associated consumption rises. Manual operations with spreadsheets no longer suffices.

Fluctuating pricing information

Cloud vendor pricing information changes all the time. Hard for billing operators to keep track.

Pricing customization

Billing operators need to customize pricing for different resources and services. The scale of this task is too much for manual operations.

Business reporting

Business owners need a holistic view of business forecast and planning after analyzing billing data and consumption details. Reporting quality depends on the due diligence of billing operators.

Billing portal for end customers

End customers desire a portal where they can self-serve and see all historical and current bills. It is too much to build such a portal in-house for MSPs and Cloud Resellers since they need to focus on building their cloud reselling business.

Aquila Clouds BillOps ROI include:

Reduce revenue leak

Our empirical data show 4% to 19% revenue leak saved through BillOps

Improve productivity

Weeks of work reduced to minutes 1000x improvement in productivity.

OPEX savings

10:1 optimization ratio of billing staff.

Wal-Net was founded in 2010 and based in Hong Kong. As
the Digital Coupon Platform provider with our partners in
China, Hong Kong, Macau, Singapore, etc.