Announcement
Split shared costs among your teams, apps, and more
By Matan Bordo
Cost Splitting lets you distribute shared and unallocated cloud costs across stakeholder groups for more accurate cost allocation and budgeting.
As part of a comprehensive FinOps practice, It's always important to consider shared costs when you distribute your cloud costs among various segments of your business.
If these "shared" shared costs are not factored in during cost allocation, several issues may arise:
- You might under-allocate or over-allocate costs to your cost centers, leading to inaccuracies.
- The responsibility for these costs may not be taken up by anyone, possibly causing them to skyrocket uncontrollably.
- Your cost predictions or budgets may be skewed due to the reliance on incomplete data.
To address these issues, we're thrilled to introduce "Cost Splitting." This new feature allows you to easily distribute shared and unallocated costs among different DoiT Console stakeholder groups!
Read more about how it works, or check out the additional resources below to explore it yourself.
Additional resources:
- [Interactive Demo] Split shared costs
- [Interactive Demo] Setting up Attribution Groups
- [Video] Attributions, Attribution Groups, and Splitting Costs
- [Live Webinar] Cloud Cost Allocation: How to get a clear picture of your cloud costs
- [Help Center] Distribute shared costs