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Difference between Cost Management vs Billing

Rajesh Swarnkar 851 Reputation points
2023-03-23T03:41:20.05+00:00

Hi, I am trying to do FinOps for Azure. And as layman, may I know what is difference between Billing and Cost Management (Analysis)?

I believe billing is more wrt to invoicing and payment methods.

  • Can you suggest which would be appropriate for pulling data suitable data for FinOps
Azure Cost Management
Azure Cost Management
A Microsoft offering that enables tracking of cloud usage and expenditures for Azure and other cloud providers.
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  1. SadiqhAhmed-MSFT 44,506 Reputation points Microsoft Employee
    2023-03-25T11:43:56.48+00:00

    @Rajesh Swarnkar Thank you for reaching out to us on Microsoft Q&A community platform. Happy to help!

    Cost Management is a set of FinOps tools that enable you to analyze, manage, and optimize your costs. Billing provides all the tools you need to manage your billing account and pay invoices. In other words, Cost Management is used to monitor and control Azure spending and to optimize Azure resource use, while Billing is used to manage your billing account and pay invoices.

    Reference document - https://learn.microsoft.com/en-us/azure/cost-management-billing/cost-management-billing-overview

    Hope this answers your question. Please ping if you have further questions!

    If the response helped, do "Accept Answer" and up-vote it

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