You also need to look at the Sentinel Content hub: https://learn.microsoft.com/en-us/azure/sentinel/sentinel-solutions-deploy this is the new place for content: https://learn.microsoft.com/en-us/azure/sentinel/sentinel-content-centralize
Centralized Log Management is sometimes different from Centralized Security Management that Microsoft Sentinel provides - the former maybe better achieved with log Analytics or another tool, but we'd need to know more about your requirement. The short answer is Yes, it can be a Central Log management solution.
If CSPM was the goal then you may look to https://learn.microsoft.com/en-us/azure/defender-for-cloud/quickstart-onboard-aws?pivots=env-settings - which you might also then connect to Sentinel.