Three Ways Finance Can Help Organizations Save on Cloud Expenses

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Finance leaders are responsible for driving results, but when it comes to cloud spend, they are heavily reliant on IT to manage the budget. Controlling cloud spend is an increasingly unique challenge that requires a team approach to finding opportunities to save costs.

As a finance leader, working in partnership with your IT leader will help you reach your cost optimizations faster. Some key areas to focus on:

Vendor Management: Cloud providers are committed to customer service and do offer concessions, limited-time discounts and credits. It does not hurt to ask.

Spend Analysis: Offer to help your IT department with a monthly cost analysis correlating cost with service utilization. That is the best way to identify opportunities for savings. 

Spend Control: Work with IT to develop a spend budget based on planned service usage and monitor ongoing performance and utilization.

Are you tired of manual processing, time constraints, budget pressures and changing compliance requirements? Book your ScriptString demo today.

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