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Budgets and Cost Alerts

Welcome to the Budgets and Cost Alerts guide for CloudYali. In today's cloud-driven landscape, keeping track of your cloud costs is as essential as managing the infrastructure itself. Unexpected expenses can arise, making it crucial to have tools that help you monitor and control your spending effectively.

Introducing CloudYali Budget Alerts​

CloudYali Budget Alerts is a powerful feature designed to help you stay on top of your cloud spending with ease and precision across multiple providers like AWS and GCP.

Why Cloud Budgets Matter​

Managing cloud budgets is challenging due to several factors:

  • Unexpected Cost Spikes

    Resources that scale automatically can lead to surprise expenses piling up quickly.

  • Decentralized Spending

    Multiple teams using cloud resources make it tricky to track who’s spending what.

  • Complex Multi-Cloud Environments

    Each cloud provider has its own billing model and metrics, adding complexity.

  • Resource Sprawl

    Unused or forgotten resources can silently consume your budget.

Recent studies show that organizations waste an average of 30% of their cloud spend due to poor cost optimization and limited budget controls. CloudYali Budget Alerts aims to make a difference by providing tools to manage and optimize your cloud costs effectively.

Key Features of Budget Alerts​

Flexible Budget Creation​

Create budgets that align perfectly with your organization’s financial cycle—whether you’re tracking monthly, quarterly, or annually. CloudYali's multi-cloud approach lets you build unified budgets for both AWS and GCP, eliminating the need to juggle separate budgets for each provider.

  • Multi-Cloud Budgets

    Build unified budgets that encompass both AWS and GCP spending.

  • Custom Timeframes

    Align budgets with your financial cycles—monthly, quarterly, or annually.

  • Streamlined Cost Management

    Simplify the complexity of managing multi-cloud spending with a consistent approach.

Advanced Filtering and Scope Control​

Tailor cost tracking to fit your exact needs using CloudYali’s budget filters.

  • Account and Project Tracking

    Monitor spending by AWS account or GCP project.

  • Regional Monitoring

    Track costs within specific regions.

  • Service-Specific Budgets

    Focus on particular cloud services that are critical to your operations.

  • Tag-Based Filtering

    Zero in on project or department-specific expenses based on your organization's tagging strategy.

Use these filters individually or combine them to create the precise budget scope you need.

Intelligent Alert System​

Stay in control of your cloud spending with CloudYali’s flexible alerts.

  • Threshold Notifications

    Set thresholds as percentages of your budget (like 50%, 80%, or 100%) or in specific dollar amounts.

  • Automated Alerts

    Receive notifications whenever you hit a predefined threshold.

  • Fresh Data Cycles

    Alerts reset with each new budget cycle, ensuring your data is always up-to-date.

  • Multiple Notification Channels

    Get alerted via email, with options to integrate with other communication tools.

Real-World Use Cases​

Development Team Cost Control​

Scenario: A development team works across multiple cloud providers (AWS and GCP) and multiple accounts.

Solution: Create a unified budget that spans multiple AWS accounts and GCP projects, focusing on specific services like AWS EC2 and GCP Compute Engine.

Result: Gain a consolidated view of cloud spending across providers and accounts with unified alerts, simplifying cost management.

Environment-Based Budget Management​

Scenario: Managing costs across development, staging, and production environments.

Solution: Set up environment-specific budgets with different thresholds.

Result: Prevent development and testing environments from consuming the production budget, ensuring resources are allocated appropriately.

Department Cost Allocation​

Scenario: Multiple departments share cloud resources.

Solution: Implement account and tag-based budgets for each department.

Result: Easily track departmental spending and promote accountability within the organization.

Getting Started with Budget Alerts​

Follow these simple steps to start using Budget Alerts in CloudYali:

  1. Log In to CloudYali

    Access your CloudYali console with your credentials.

  2. Navigate to the Budgets Section

    Find the Budgets option in the main menu.

  3. Create a New Budget

    Click on Create Budget to set up your first cloud budget alert.

  4. Configure Your Budget

    • Set Budget Amount and Cycle

      Define the total budget and select the cycle (monthly, quarterly, or annually).

    • Apply Filters

      Use account, region, service, and tag filters to scope your budget.

    • Set Alert Thresholds

      Choose percentage or dollar amount thresholds for alerts.

  5. Review and Save

    Double-check your settings and click Save to activate your budget alert.

For detailed instructions, refer to our Setting Up Budget Alerts guide.

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