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An organization deploys several workloads across an Azure subscription. The finance team wants to track ongoing cloud expenditures, establish spending limits against a planned financial threshold, and receive automated email notifications whenever spending reaches 80% and 100% of that threshold.
Which feature in Microsoft Cost Management should the organization configure?
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Budgets in Microsoft Cost Management are governance tools designed to help organizations plan, track, and control cloud spending across various Azure scopes such as subscriptions, resource groups, and management groups.
Budgets are built natively into Microsoft Cost Management specifically to bridge the gap between financial planning and actual cloud consumption. Unlike pre-deployment estimation tools, budgets continuously evaluate live billing data to prevent unexpected invoice overages.