Finout is an enterprise-grade FinOps solution designed to help companies easily allocate, manage, and reduce their cloud spending across their entire infrastructure. Finout’s solution provides the entire organization with complete visibility and context for cloud costs, enabling them to save money, work smarter, and innovate more profitably, all without the need to add code or an agent.
Unlike traditional CCMs, Finout offers a holistic, 100% accurate observability layer, known as the MegaBill. On top of this, Finout provides an instant virtual tagging layer that allocates 100% of the enterprise cloud spend, including shared cost reallocation. All of this is offered with a fixed, transparent price and no savings fees.
Finout’s customers include Lyft, the New York Times, Choice Hotels, Wiz, Tenable, and more. On average, customers report a total cost reduction of 30% year over year and a 50% time savings for engineers.
Product or Service Overview
Finout’s enterprise-grade FinOps solution is designed with three distinct layers:
Integration: The enterprise integrates its entire cloud infrastructure into Finout’s MegaBill. This seamless integration supports all major cloud providers, including AWS, GCP, Azure, and OCI, as well as Kubernetes and cloud services like Snowflake, Databricks, and Datadog. For services not natively supported, custom CSV uploads into MegaBill are possible, ensuring comprehensive coverage.
Allocation: Finout’s Instant Virtual Tagging solution enables the FinOps team to allocate 100% of the company’s cloud spend into unit costs such as teams, features, regions, and segments. The allocation layer supports shared cost reallocation, catering to the most advanced FinOps use cases in the market. Finout can also be exported as a data layer, allowing connection to enterprise BI tools or service catalogs, thereby enriching data with precise spend tracking.
Cost Management: Once allocated, Finout’s advanced cost governance and waste detection features come into play. These tools allow each team to create customized dashboards with widgets for cost, usage, waste, budget, and unit economics. Users can set alerts for spend anomalies, budget structures, and forecasting for any unit cost. Additionally, Finout can correlate costs to unit economics using external metrics and business data sources such as Datadog, Salesforce, and Looker. The platform can even integrate revenue data to show profitability and ARR margins for each customer, making it an essential tool for any FinOps professional.