enStratus financial controls enable you to track your cloud spending across multiple accounts in multiple clouds down to the resource level and associate cloud resources with distinct cloud budgets. How do you handle a multi-cloud environment, however, that includes cloud providers who charge you in different currencies? Or what if you are using a single cloud provider who charges you in a currency different from your national currency? Today, enStratus announces multi-currency financial controls to enable you to maintain budgets in your company accounting currency across clouds billing in any number of different currencies.
As we continue to gain customers across the globe and expand our cloud support to clouds that bill in currencies other than US dollars, we made sure to extend our financial controls to operate in this environment. When configuring your account, you can now specify the company accounting currency to be whatever currency you commonly use internally. You establish all of your soft and hard budget quotas in your internal currency, and those are the values your team works with in enStratus. enStratus also displays reports using your accounting currency.
Behind the scenes, your cloud providers may be billing you in any number of different currencies. These currencies may not match at all to your internal accounting currency. enStratus will track your spending against budgets by translating the prices from the cloud provider currency into your accounting currency. We use either exchange rates updated daily or exchange rates you set for your organization. If your spending in Australian dollars in one cloud combined with your American dollars costs in another cloud exceed your budget defined in Euros, enStratus will alert you and/or prevent further resource allocation against that budget.
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