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,
including:
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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