Azure Budgets and Alerts are primarily designed for technical monitoring and have no significant role in financial cost management.

Implementing Azure Budgets and Alerts enables setting predefined spending limits and automatically notifying relevant stakeholders when these limits are approached or exceeded, aiding in proactive cost management.

The use of Azure Budgets and Alerts is automatically enforced by Microsoft for all Azure subscriptions, regardless of the user's configuration.

Azure Budgets and Alerts can directly reduce Azure service costs by limiting resource usage when budget thresholds are reached.

When setting up Azure Budgets and Alerts, it's crucial to analyze historical spending patterns, project growth forecasts, and organizational financial policies to ensure the alerts are meaningful and actionable.