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Using AWS Organizations, you can create Service Control Policies (SCPs) that centrally control AWS service use across multiple AWS accounts. You can also use Organizations to help automate the creation of new accounts through APIs. Organizations helps simplify the billing for multiple accounts by enabling you to setup a single payment method for all the accounts in your organization through consolidated billing. AWS Organizations is available to all AWS customers at no additional charge.
More information can be found here
Benefits Of Using AWS Organizations In Cloudaware
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If you need instructions on how to download the template and execute CloudFormation Stack, click here.
Adding multiple AWS accounts with CloudFormation StackSets
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