New AWS Billing Transfer for centrally managing AWS billing and costs across multiple organizations

Source: AWS Blog

AWS has launched Billing Transfer, a feature designed for organizations operating in multi-organization environments. With Billing Transfer, customers can centrally manage billing and payments through a single management account, streamlining processes and enhancing overall efficiency. This tool is especially beneficial for AWS Partners that manage multiple customer accounts, allowing them to take charge of billing operations while ensuring security management remains with the organization administrators.

The setup process for Billing Transfer begins with sending an invitation from an external management account to a designated bill-source account. Upon acceptance, this bill-transfer account is authorized to manage and pay bills for the specified accounts, thereby simplifying invoicing and payment processing. Additional benefits include the ability to control visibility over cost data and historical information management through AWS tools, though users must recognize that past cost data will be inaccessible once the transfer begins.

Overall, Billing Transfer is positioned to enhance the cloud financial management experience, particularly for enterprises that juggle multi-account and multi-organization structures by mitigating complexities often associated with decentralized billing practices.

👉 Pročitaj original: AWS Blog