Does AWS Organizations enable the consolidation of multiple AWS accounts for centralized management?

AWS Organizations indeed allows for the consolidation of multiple AWS accounts, providing a framework for centralized management. This service enables users to manage billing and access policies across all accounts in an organization from a single master account. With AWS Organizations, users can create organizational units (OUs) to group accounts based on business needs and implement Service Control Policies (SCPs) that govern the permissions of the accounts within those OUs. This structure simplifies management tasks, such as applying security policies or managing budgets, and provides a more efficient way to oversee resources and policies across various AWS accounts.