Financial governance

We have already described the fairly significant changes to IT finance implied by the cloud: the change from a capital expense model to an operational expense, or subscription model. Financial
governance ensures that the financial changes are managed in a methodical and predictable fashion,

 Actual cloud costs are in line with predicted cloud costs
 Capital expenses are declining in line with expectations
 Cloud billing is consolidated and no “rogue” credit card accounts are allowed
 Appropriate chargeback mechanisms are created or extended to support cloud computing
 Quarterly or annual budgeting shows the appropriate changes
 Reporting systems accurately reflect current spend on IT

Source of Information : Microsoft Enterprise Cloud Strategy

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