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What is Spend Shrink?

Spend Shrink offers an excellent solution for organizations aiming to manage their AWS cloud expenses effectively. Our platform streamlines cloud billing by examining AWS usage to reveal substantial and meaningful savings opportunities. Spend Shrink provides comprehensive account overviews and tracks historical spending trends. Moreover, it equips users with actionable insights that enable them to optimize their cloud budgets and eradicate wasteful expenditures. What sets Spend Shrink apart from other tools is its dedicated focus on cost management, deliberately steering clear of unnecessary features that might divert attention from the primary objective of saving money. This makes it well-suited for businesses of all sizes, ranging from startups looking to maximize their budgets to large enterprises overseeing multiple AWS accounts. Our user-friendly dashboard not only grants complete visibility into cloud spending but also presents customized recommendations for cutting costs while maintaining performance standards. Additionally, Spend Shrink empowers users to make informed financial choices, thereby facilitating more efficient scaling of their operations and enhancing overall profitability.

What is AWS Cost & Usage Report?

The AWS Cost & Usage Report serves as the most comprehensive source of data related to AWS expenses and utilization, including essential details on AWS services, pricing models, reserved instances, and savings plans. This report provides a detailed analysis of costs at both the account and organizational levels, organized by product code, usage type, and specific actions taken. To enhance cost management, it also utilizes cost allocation tags and categories, promoting better financial oversight. Offered in various formats—hourly, daily, or monthly—the AWS Cost & Usage Report allows users to monitor expenses at the instance level, revealing how purchase options like Reserved Instances and Savings Plans are being applied. It not only allocates related fees but also performs necessary calculations to support internal cost distribution and reporting, meeting the financial tracking needs of your organization. By adopting this thorough methodology, businesses can obtain more precise insights into their AWS spending and improve the efficiency of their cloud resource management, ultimately leading to smarter financial decisions. The ability to analyze data over different time periods further aids organizations in identifying trends and making informed adjustments to their cloud strategies.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Elastic Observability
Yotascale

Integrations Supported

Amazon Web Services (AWS)
Elastic Observability
Yotascale

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Spend Shrink

Date Founded

2024

Company Location

United States

Company Website

spendshrink.com

Company Facts

Organization Name

Amazon

Date Founded

1994

Company Location

United States

Company Website

aws.amazon.com/aws-cost-management/aws-cost-and-usage-reporting/

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

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