Logspend

LogSpend is an AI tool that helps businesses streamline and manage their OpenAI costs. It provides full visibility and control over AI spend, allowing users to understand and analyze their usage patterns, identify cost-saving opportunities, and make data-driven decisions to reduce their AI spend bill. The tool automates the process of monitoring AI spend and provides daily cost reports to ensure users stay on top of their budget. It also offers cost transparency, allowing users to see which teams and features are driving costs and revealing cost-saving opportunities. LogSpend sends proactive notifications and alerts via Slack, Teams, or Email when it detects cost anomalies, helping users stay in control and avoid unexpected surprises. The tool also provides cost-saving recommendations and has features such as dashboards with advanced filters, the ability to track usage by team/feature, and the option to export data. LogSpend is built by ex-Spotify engineers with experience in managing AI and cloud infrastructure at scale. It ensures data protection through encryption and only a subset of senior employees have access to the data. LogSpend optimizes at the billing layer only and does not cause server downtime or interrupt developer workflows. Overall, LogSpend helps businesses make informed decisions and reduce their AI spend by providing visibility, cost-saving recommendations, and control over AI costs.