To insure that their is oversight on Spending, Portfolio Owners need to Approve, Reject Accepted Cards and Resolve Rejected.

While Spend Cards are Open, Portfolio have no Action

Portfolio Owner need to Approve, Reject, or Resolve Submitted Spend Cards

Spend Cards are created every Monday. Each Product Owner will see their Cards to Approve or Dispute

Status will Change once Action is taken.

For maximum accountability, customers need their budet owners and their management to actively manage their spending during the billing cycle with approvals in that cycle.

With FinOps Center, we introduce the capability for Spend Cards that are created at the end of ever period.

Spend Card are created every Monday during the billing month with the last Card being created when the Cost and Usage Report includes the AWS Monthly invoice number indicating that the Billing Cycle has been finalized.

Management Users (Financial Admins, Vendor Management, Business Unit, & Department) can monitor the Cards in their Financial Scope with the capability to identify the Product and Portfolio Users that own the Card Approvals.