---
sourceDocument: Australia Asset Management
sourceDocumentLink: https://www.servicenow.com/docs/r/it-asset-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Cloud Cost Management Workspace

# Cloud Cost Management Workspace {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
Use the Cloud Cost Management Workspace, the intuitive and streamlined user interface of the Cloud Cost Management application, to analyze the full range of costs that are associated with cloud resources. You can identify and act on opportunities to save money and optimize operations.

The Cloud Cost Management Workspace is a unified medium with multiple views. The views help you analyze costs, spend, budget of your cloud resources, and provide insight into how IT supports business application and services
through various dashboards.  
Note:  
You can view the reports and data based on your role. For more information, see [Cloud Cost Management roles](https://www.servicenow.com/docs/~HPyr~yrC2WdtCp_jGPGLQ "You assign Cloud Cost Management roles to user groups and to individual users based on user activities and responsibilities.").  
The Cloud Cost Management Workspace contains the following views:

* [Cloud cost overview](https://www.servicenow.com/docs/f1XlM4MsM3XOXhA6rs2bww "Enhance your experience by using the modernized and user-friendly Cloud Cost Management overview. This overview page helps you use the Cloud Cost Management application more effectively by reducing complexity."): Use the Cloud Cost Management Workspace through this simplified overview page and get insights into your cloud resources.
* [Spend view](https://www.servicenow.com/docs/ULg2CMfgH_aBpBvfm9xGEQ "Ensure accurate spend reporting by using the Spend view in the Cloud Cost Management Workspace."): Analyze and understand the spend on your cloud resources using spend analytics.
* [Optimization view](https://www.servicenow.com/docs/IrCl0AxkFDhMtWiV6f3dGA "Use the Optimization view in the Cloud Cost Management Workspace to review savings opportunities and act on recommendations across Unused resources, Rightsizing, Business hours, and Commitments."): View your total savings by recommendation type and the number of recommendations to review, which are grouped by their state.
* [Budget view](https://www.servicenow.com/docs/ylpv8kDAO6IK24Jb9m37Yw "Understand budget compliance by groups and service accounts can significantly improve oversight and reduce cloud spend."): Reduce cloud spend by proactively understanding the budget compliance of your cloud resources.
* [Business Insights view](https://www.servicenow.com/docs/JTHX4tBuqkvjBLBoeLGKmw "The Business Insights view in the Cloud Cost Management Workspace provides a unified outlook of your cloud and non-cloud costs. This view helps finance, FinOps, and business teams understand the total cost of ownership (TCO) and unit economics for applications, departments, and business units."): Calculate and view the total cost of ownership (TCO) for your business applications by combining cloud spend with non-cloud costs such as hardware, software licensing, and labor.
* [Operations view](https://www.servicenow.com/docs/yicVEw7pXb3dH9JqT7aAsQ "Use the Operations view in the Cloud Cost Management Workspace to view and manage your preferences, cost usage tags, and administration-related operations."): View and manage your preferences, cost usage tags, and admin-related operations.
* [Admin view](https://www.servicenow.com/docs/VjVEkF2tSfhKlFK9qFrQmA "Use the Admin view in the Cloud Cost Management Workspace that enables you to install, set up, and configure the application through a guided experience."): Install, set up, and configure Cloud Cost Management through a guided experience.
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