FinOps as Code: Using Terraform to Build a Cost Reporting Structure

The blog post discusses the integration of FinOps as Code principles with Terraform to automate the creation of a cost reporting structure in Vantage, a cloud cost optimization tool. By leveraging Infrastructure as Code practices, organizations can visualize their cloud costs alongside their business structure, improving cost management and alignment with business objectives. The post provides a detailed demonstration of setting up an organization structure using a structured YAML file to map business units and cost centers, and iteratively creating corresponding resources in Vantage, including folders, cost reports, and dashboards. This approach allows for tailored reporting that meets the diverse needs of stakeholders, from management to engineers, while enhancing the efficiency of resource management and cost tracking. The tutorial assumes an intermediate understanding of Terraform and requires setting up a Vantage API token, enabling users to quickly deploy and manage cost-reporting resources suitable for their organizational units.