What is the main benefit of AWS Certificate Manager (ACM)?

The main benefit of AWS Certificate Manager (ACM) is that it simplifies the management of SSL/TLS certificates. ACM automates the processes of buying, deploying, and renewing these certificates, which are essential for enabling secure communications over the internet. With ACM, users can easily provision certificates with a few clicks, ensuring that their web applications and services are secured with up-to-date encryption.

This service helps eliminate the complexity associated with managing SSL/TLS certificates. For instance, it handles certificate renewal automatically, which reduces the risk of having expired certificates, a common security issue that can expose applications to vulnerabilities. Furthermore, ACM integrates seamlessly with other AWS services, streamlining the deployment of secure connections.

The other options do not pertain to the core functions of AWS Certificate Manager. Monitoring cloud spending, providing automatic billing services, and generating IT compliance reports are not functionalities of ACM but are instead related to different aspects of cloud resource management and compliance tracking within the AWS ecosystem.