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Services

Cloud Financial Management Services 

Effectively navigate cloud’s financial and operational challenges

Cloud introduces new complexity into IT financial management that often can’t be successfully navigated with traditional processes. To provide spending transparency, keep costs in check, and gain the expected ROI on their cloud investments, many organizations may need to evolve their IT financial management capabilities. Deloitte’s Cloud Financial Management services can help.

The impact of Cloud Financial Management

The complexity inherent in cloud ecosystems can create difficulties in controlling and predicting cloud use and spend—which can hinder cloud success. Better financial management of your cloud environment can help you understand the true cost of cloud across your organization. With our CFM services, you can gain the ability to more effectively identify, govern, and optimize your cloud spend.

The benefits of our CFM services start almost immediately, and they are impactful and long-term. Our services help you:

  • Define your cloud opportunity and business case and communicate those effectively to organizational leadership
  • Identify, assess, and optimize cloud costs and maximize savings and return on cloud investments
  • Build a new cloud-centric operating model that embeds cloud-spend awareness and management in your operating model and culture
  • Define and implement FinOps capabilities to effectively govern cloud spend long-term and increase the value of cloud to your organization

Why it works

Deloitte’s Cloud Financial Management services work because they help you examine—and plan for—cloud consumption and continuously monitor costs to help reduce cloud-spend waste. Also, more transparency and accurate reporting helps you gain a deeper understanding of associated costs across platforms and vendors and gain early visibility into spending issues, so corrective actions can be taken early. Finally, with more effective cloud financial management, you can determine the right mix of workloads to migrate to cloud to generate more ROI from your cloud investments.

Ongoing, our FinOps services help you keep your cloud journey on track financially by providing resources that help monitor and adjust your cloud financial operating model to meet your needs as they change. This agility can provide higher value long-term from your cloud investments.
 

 

Get in touch

Rakinder Sembhi

Rakinder Sembhi

Principal | Deloitte Consulting LLP

Rakinder is a Principal in Deloitte's Technology practice focusing on Technology Strategy and Architecture within the Financial Services industry. Rakinder combines over 20 years of experience in tech... More

Akash Tayal

Akash Tayal

Cloud Strategy & Architecture Market Leader

Akash is a principal and market offering leader for Cloud Strategy, Architecture, & Transformation at Deloitte Consulting. He has over 18 years of experience with technology management and business pr... More

Mark Steckel

Mark Steckel

Specialist Leader, CFM | Deloitte Consulting LLP

Mark is a Specialist Leader in the Cloud Engineering practice where he is leading efforts to further develop Deloitte’s Cloud Financial Management (CFM) offering. He has over 20 years of experience in... More

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