Cloud Cost Management Is Not Just for FinOps: How to Begin in Two Practical Steps for SAM Users
New article articles in ServiceNow Community
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Aug 15, 2026
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Cloud spending, software licensing, and business accountability are becoming increasingly connected, but many organizations still manage them through separate teams, tools, and processes. ServiceNow Cloud Cost Management helps bring those areas together by giving FinOps, ITAM, SAM, cloud, and finance teams a shared view of cloud consumption, cost ownership, optimization opportunities, and governance.
For organizations that have purchased CCM or are beginning to evaluate how it fits into their operating model, the first priority should be practical: establish a focused use case and start building trustworthy cloud cost visibility.
The first step is to align and prepare. Confirm the cloud footprint in scope, identify the sponsor and operational owners, and agree on an initial business goal. That goal could include BYOL planning, identifying unused cloud resources, improving cost allocation, understanding AI-related cloud spend, or creating showback for a business unit. Teams should also confirm the access, permissions, billing data, and stakeholders required to support activation.
The second step is to connect cloud data. Establish access to billing data from AWS, Azure, or Google Cloud, configure the required connections, and begin scheduled ingestion. Bringing cloud platform administrators and billing owners into the process early can help validate credentials, permissions, account structures, and data exports. Once that data begins flowing, teams can start creating a consistent view of cloud costs across accounts, services, and business owners.
These first two steps are the foundation for a broader Cloud Cost Management activation journey. To help customers move through that journey, we are hosting a three-part webinar series focused on activating ServiceNow Cloud Cost Management and applying it to practical ITAM, SAM, and FinOps priorities.
Part 1 takes place Wednesday, August 19, from 8:00 to 9:00 a.m. PT. Join us for Activate CCM: Connect ITAM, SAM and FinOps Visibility , where we will walk through how to prepare for activation, connect the required cloud billing data, and understand the access, roles, and stakeholders needed to get started.
The series continues with Part 2 on September 2 , focused on validating initial results, configuring CCM, and beginning to apply cloud cost data across the organization. Part 3 on September 16 will explore practical use cases including BYOL planning, cloud cost simulation, showback and chargeback, optimization, and visibility into AI-related cloud costs.
Join us on August 19 for Part 1 and start building the foundation to get Cloud Cost Management activated and working for your organization.
REGISTER HERE FOR PART 1
You can also review the CCM Implementation Guide and the CCM Implementation Starter Kit YouTube series for additional guidance and step-by-step resources.
Registration details for Parts 2 and 3 will be shared in subsequent communications.
https://www.servicenow.com/community/sam-articles/cloud-cost-management-is-not-just-for-finops-how-to-begin-in-two/ta-p/3587542