Set cost alerts for your cost groups, budgets and get notification from the custom channels like Slack, email, and etc.
Set the cost threshold you need
Different teams can set their own thresholds and receive alerts in their preferred channels, ensuring everyone stays informed without overwhelming them with irrelevant notifications
Keeping track on your Cloud budget
In Octo, you can create multiple budgets for each Cost Group. Within the budget, you can set multiple budget threshold alerts
Not missing out on discount expiration
For AWS accounts linked to Octo, determine how long before the discount plans expires you need to be reminded so that you can take the necessary actions
Anomaly detection alert
Manage and receive cost anomaly alerts from your cost groups when there is unusual cost pattern recorded in Octo
Create visual reports for you and your teams
Create reports to visualize your cost, optimization opportunities, and savings from the past to assist your team to plan for the future.
Customize the report you need with widgets
Different stakeholders can rearrange, add, or remove widgets to fit their specific needs or priorities, ensuring that everyone gets the information that is most valuable to them
Manage access of your reports
Shared and private reports control who has access to sensitive financial data, ensuring confidentiality and compliance with data governance policies
Switch between currencies
Compare cloud expenses against local budgets without needing to do manual currency conversions, simplifying budget allocation and forecasting
A templated report to help you get started
If you need specific structure for a cost report. You can generate a fixed summary report through Octo quarterly and yearly report
Understanding cost per item in your business
Split Cloud cost into understandable chunks such as products, services, departments, or business units with Octo’s cost group.
Automatically identify shared resources
Octo is currently developing this way to allow users save time and effort that would otherwise be spent manually identifying and categorizing these items, making process more efficient
Compare the cost between your units
Octo shows you optimization opportunities based on your resource usage from AWS and our own Octo recommendation engine
Splitting shared resources to different units
Allocate costs based on specific criteria, such as usage percentage or business value, ensuring that each unit accurately reflects its share of expenses
Create your own units and unit item
Break down cloud costs into custom units (e.g., projects, products, or business segments). This makes it easy to communicate spending patterns to non-technical stakeholders
Receive optimization recommendations
Access optimization opportunities based on your resource usage from AWS and our own Octo recommendation engine
Record your executed optimization in Octo
Teams can maintain accountability for actions taken. This also provides transparency, helping stakeholders understand which changes were made and why
Recommendations not only from Cloud vendors
Octo’s own recommendation provide additional flexibility, allowing organizations to implement optimizations that align more closely with business processes
Support for the top Cloud vendors
Allows company to manage and optimize costs across all their cloud environments from a single platform, offering a comprehensive view of spending
Recommendations organized into groups that made sense
Easily identify which group is relevant to specific stakeholders to focus on like finance for rate optimizations, while technical teams handle usage related optimizations
