Proactive FinOps – Cost Policies

Today ControlMonkey is happy to announce a new capability that enables our users to take a Proactive FinOps approach by setting custom ‘Cost Policies’ on their cloud environment as part of their Terraform pipeline.

ControlMonkey’s Control Policies serve as proactive controls as part of our GitOps CI/CD Pipeline and help DevOps avoid errors and misconfigurations in production environments.
Leveraging Cost Policies is the best practice for enforcing budget restrictions in your cloud environment before resources are provisioned and prior to costing you money.

With the new ‘Cost Policy’ rule, ControlMonkey automatically alerts the user or blocks an infrastructure deployment in case the newly provisioned resources cost more than allowed (Threshold is configurable).

Don’t react to costly FinOps mistakes in production, prevent them from happening.

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