Tap In Cloud Management provides a platform for independent management, deployment, and reporting of cloud resources across multiple cloud vendors. It addresses challenges like compliance with management policies, provisioning cloud resources, monitoring outside of a company's control, allocating resources dynamically, and optimizing usage of multiple cloud services. The solution uses a management server, client applications, and interface modules to automate processes using a control plan editor. This provides benefits like improved revenue through billing integration, reducing skills and resources needed for deploying cloud applications.