Soft Budget Cap
Next to the monthly Hard Budget Cap; Cortex also offers the option of setting a monthly Soft Budget Cap with a non-recurring Surge Budget for those on the Pay-as-you-go plan, providing cost management flexibility within each monthly billing cycle.
Soft Budget Cap is valid for ALL Runners with their Cost Management is selected as Pay-as-you-go. (cf. Create a Runner to Run Applications, Create a Runner to Run Applications)
Flexibility Compared to Hard Budget Cap
Soft Budget Caps are designed to offer a more flexible spending limit for your Pay-as-you-go Runners, compared to a Hard Budget Cap. Soft Budget Cap allows Pay-as-you-go expenses to exceed the set limit up to a certain point, thanks to the inclusion of a Surge Budget.
Setting Up Monthly Soft Budget Caps
To configure a Monthly Soft Budget Cap, navigate to the Spend Limits section found under the Pay-as-you-go graphs in the Current Costs area within Organization Settings. Soft Budget Cap not only sets a preliminary spending threshold but also incorporates a Surge Budget for unexpected increases in resource usage.
Managing the Surge Budget
The non-recurring Surge Budget is a predefined amount of funds that can be used once the Soft Budget Cap is reached, preventing immediate service interruption due to budget constraints.
Surge Budget is non-recurring, meaning it's designed to absorb sporadic spikes in usage within multiple billing cycles without becoming a permanent addition to the Soft Budget Cap.
Editing or Removing Monthly Soft Budget Caps
Adjustments or removal of the Monthly Soft Budget Cap can be done through the Spend Limits section found under the Pay-as-you-go graphs in the Current Costs area within Organization Settings.
This flexibility ensures that organizations can respond to changing financial or operational circumstances, adjusting their budget caps as necessary.
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