/plushcap/analysis/openmeter/launchweek-1-day-3-cost-attribution

Cost AttributionAttribute shared costs to customers and internal teams

What's this blog post about?

Companies must attribute shared costs to customers and internal teams for effective management of cost leadership. Finance and engineering should communicate using unit cost and internal rate cards, enabling efficient budgeting and forecasting. OpenMeter's FinOps unit economics solution helps companies attribute shared costs and predict vendor expenses like OpenAI token usage. By combining cost and meters into resources, businesses can break down resource costs by customers or groupings. Unit economics establishes a common language between teams and fosters better decision-making in product development and pricing strategies, ultimately leading to increased profitability.

Company
OpenMeter

Date published
Feb. 7, 2024

Author(s)
Peter Marton

Word count
360

Language
English

Hacker News points
None found.


By Matt Makai. 2021-2024.