Billing and GRIs (Guaranteed Reserved Instances)

Understanding Cloud Billing with Archera.ai

Cloud billing refers to how customers are charged for using cloud services, whether directly through a cloud provider like AWS (Amazon Web Services) or Azure (Microsoft’s cloud platform), or directly via Archera. Archera helps manage and optimize cloud costs across these providers, but the billing itself depends on your chosen cloud platform.

This guide will break down how Archera itself is billed via cloud providers like AWS and Azure and how those charges work.

How Archera is Billed

Archera provides cloud cost management solutions for Cloud customers. However, Archera's pricing structure depends on the cloud provider you're using, and how services are consumed.

Archera’s Monthly Premium Billing Model: What You Need to Know

At Archera, we follow a Monthly Premium-Based Billing Model designed to be straightforward and transparent. Here’s how it works:

How Our Billing Model Works

• 30-Day Consumption Period: Archera assesses your usage over a configurable term length of 30 days. This includes all the services and consumption tracked during that period.

• Invoicing the Following Month: Once the 30-day period concludes, we calculate the charges and issue an invoice in the following month. For example:

  • Your November usage will be assessed from November 1st to November 30th.

  • The invoice for these November charges will be generated and sent out in December.

Why This Model?

This approach allows us to provide accurate billing based on actual consumption, ensuring you only pay for what you use within the defined period. It’s simple, predictable, and aligns with your usage patterns.

Key Benefits:

• Transparency: Charges are based on real consumption data.

• Flexibility: The 30-day term length ensures alignment with most standard accounting practices.

• Simplicity: Predictable billing cycles make it easy to track and reconcile invoices.