What is Finout's MegaBill?
A key aspect of FinOps is cost management, which involves tracking, identifying, and optimizing cloud spend. With Finout's centralized dashboard, known as the MegaBill, you can easily visualize your entire cloud spend and pinpoint areas for cost reduction, enabling informed decisions on budget allocation.
This approach aligns with the FinOps principle of financial governance, promoting collaboration between IT and finance teams to enhance visibility, accountability, and control of cloud costs.
Furthermore, by gaining a clear understanding of your cloud spending patterns over time, you can identify trends and continuously optimize your cloud usage, reducing costs and aligning with your business objectives. This reflects the principle of continuous optimization, an ongoing process of identifying, implementing, and measuring cost-saving opportunities and improvements.
In Finout, all of your technology costs appear in one easy-to-digest MegaBill. Costs are represented both graphically and in tabular form. The MegaBill shows the costs, categorized by resource type for out-of-the-box resources such as Azure, GCP, AWS, Datadog, GCP, Global, Kubernetes, Snowflake, or Databricks, and custom costs. You can easily select whether to view the costs on a daily, weekly, or monthly basis.
If you want to add a new cost center, you can easily do so by visiting our settings page. Within the settings page, you can connect and configure the new cost center on your own. This self-service capability empowers you to efficiently manage your cost centers and ensure accurate allocation of costs within your organization.
To drill down into your MegaBill, select a view. This shows you filtered and grouped cost data, for example, the Amazon RDS Compute by Instance Type costs for the last 30 days.
The costs appear above the graph:
Total Cost: The total cost for the resources selected in the filters for the specified period, for example, the total cost for all AWS services for the last 7 days.
Share of the Total Cost: The selected filtered costs as a percentage of the total MegaBill cost.
Average Daily Cost: The average cost per time interval (day/week/month) for the resources selected in the filters for the specified period, for example, the average daily cost of the Kubernetes clusters for the past 4 weeks.
Note: Click Clear View at the top of the page to return to your base main MegaBill.
Another way to quickly drill down into the costs is to simply click an area on the graph, for example, GCP. You now see the cost for all the GCP services (applies the Group By: GCP Service).
The cost table lists the selected cost data. On the left side of the table, scroll to view the daily costs for the selected period.
On the right side of the table, you can view the:
Total: The total cost for all the selected resources as well as for each resource for the current period (sorted from highest to lowest).
Previous period cost: The costs for the previous period. Costs that have decreased appear in green, and costs that have increased appear in red. An indication of the percentage increase or decrease in costs appears alongside.
Percentage of cost: The percentage of the total cost.
Remove costs by date from the cost table
Click the three dots and turn dates off.
Download cost data
You can download the data from the cost table in CSV format.
Above the cost table, click Download CSV.
Transpose cost data
You can transpose the data in the cost table.
Above the cost table, click the three dots and turn Transpose on or off.
What is a Finout View?
A Finout view is how you can save and name a set of filters and the applied group by, allowing you to easily return to view the required data and share this with your team. In addition, the time aggregation (daily, weekly, monthly) and period of the query are also saved as part of the view.
The filters can be applied using out-of-the-box resources such as Azure, GCP, AWS, Datadog, GCP, Global, Kubernetes, Snowflake, or Databricks, any custom costs, as well as Virtual Tags to view the costs associated with logical categories. You can create as many views as required, and these are shared automatically with all users in your account.
A view can be applied to the MegaBill or used as a Dashboard widget.
Apply a view
On the MegaBill page, click Select view.
(Optional) You can select one or more of the Filter by options to see a list of the relevant views, for example, Kubernetes to see all the views that include Kubernetes resources or labels.
(Optional) Click See all to see a list of all the views.
Select the required view from the list of views.
Clear a view
On the MegaBill page, click the Clear View icon. The view is cleared and the default MegaBill appears.
Apply a filter
You can also select which cost data to view by applying a filter.
On the MegaBill page, click Filters.
Select the required Cost center, for example, AWS.
Select the required key, for example, Regions.
Select the required Operator, for example, Contains.
Enter the required Value.
(Optional) To add extra criteria to the filter, click Add new filter and complete the required fields.
Click Apply Filters.
Note: Click Clear to remove the filter.
Create a view
Apply the required Filters.
Select the required Group By option.
Select whether the data should be calculated as Daily, Weekly, or Monthly, and select the period of the report.
Click Save.
Enter a View name.
If this is a new view, select Save as new view, and then click Save View. If this is an existing view that you are modifying, ensure that Save as new view is not selected.
Use a view in a widget
On the Dashboards page, click Create Dashboard.
Click Add Widget.
Select a widget or template.
In the Load from saved view dropdown, select the required view.
Configure the other widget options and click Save and return.
Edit a view name
On the MegaBill page, select the views dropdown.
Click the three dots and then Edit view name.
Enter the View name.
Click Save View.
Delete a view
On the MegaBill page, select the views dropdown.
Click the three dots and then Delete view.
Click Delete. This deletes the view for all users in the account.
Create a view based on an existing view
On the MegaBill page, select the required view from the dropdown.
Update the view options as required:
Apply the required Filters.
Select the required Group By option.
Select whether the data should be calculated as Daily, Weekly, or Monthly.
Select the period of the report.
Click Save.
Enter a View name.
Select Save as new view.
Click Save View.
-or-
On the MegaBill page, select the views dropdown.
Click the three dots and then click Clone view. The view is copied.
Edit the view, as required.
Update a view
On the MegaBill page, select the required view from the dropdown.
Update the view options as required:
Apply the required Filters.
Select the required Group By option.
Select whether the data should be calculated as Daily, Weekly, or Monthly.
Select the period of the report.
Click Save.
Click Save View.
Example view 1
This report details the costs associated with two specific Amazon EKS clusters in your Amazon Web Services account grouped by Kubernetes namespaces. The view shows the daily costs for the past 30 days.
Example view 2
This report details the costs associated with AWS grouped by AWS Sub-Service. The view shows the daily costs for the current month.
Still need help? Please feel free to reach out to our team at [email protected].