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What Is Budgeting in Vantage?

In Vantage, you can create budgets and be alerted if costs are trending over budget. Budgets can track dollar spend or a usage quantity, such as tokens or instance-hours, so you can plan in the same units you’re billed or metered in. You can import budgets for hundreds of accounts, organizational units, and services as part of annual planning. Configure alerts for email, Slack, or Microsoft Teams when spend is trending over budget, with quick links to investigate.

Why Should I Use Vantage Budgets?

Using Vantage budgets allows you to control cloud spending effectively, ensuring costs stay within planned limits. You can create multiple alerts for various teams or projects to ensure budgets stay on track.

Budgets Use Cases

As a financial analyst, you create a budget for the entire organization on the period that matches your planning cadence (for example, monthly or quarterly). You configure the associated alert to notify you within the first or last several days of the budget period if costs are trending over budget. This allows you to review and adjust spending in time to stay within financial targets, ensuring that there are no surprises at period-end and supporting accurate financial reporting and planning.

Lesson 1: Create Standard Budgets

Lesson 2: Create Hierarchical Budgets

Lesson 3: Create Budget Alerts

Lesson 4: Create Usage Budgets

Additional Resources

Create a Budget

Cost and Usage Budgets

Create a Budget - CSV Import

Budget Alerts

Slack

Microsoft Teams