Cloud Cost Management - FINOPS
Operate effectively with visibility and control over multi-cloud costs
Actionable spend recommendations paired with budget controls and cost policies help your organization avoid surprises and eliminate waste. Powerful functionality enables cloud governance teams to work collaboratively with business units and cloud resource owners to report, manage and optimize cloud spend.
Identifying opportunities for cloud costs savings is a powerful facet of your cost optimization journey. The Flexera One platform not only 
enables the identification of these cost savings, but also provides the tools to automate these cost savings opportunities, allowing cloud cost optimization to become a repeatable part of your cloud governance activities.
Cloud cost optimization capabilities
Back to Cloud Cost Optimization
Benefits
Manage cloud spend in a multi-cloud world
- Reduce or eliminate wasted cloud spend with full visibility
- Regain control over cloud costs at an organization-wide level
- Report cloud spend with confidence by using a centralized view of costs
- Avoid cloud spend invoice shock with anomaly detection
Featured details
Now you can manage overall cloud resource costs
Get visibility into cloud usage and costs for all your cloud accounts. You can evaluate and report on your most cost-effective regions and instance sizes, and dive deep into public and private cloud costs by application, category, business unit, cost center, department or team. You also can allocate costs for chargeback and showback with complete backup and justification.
Complete cost visibility
Get a complete picture of public and private cloud costs including compute, network and storage with combined billing data and detailed usage information.
Robust cost reporting
Analyze, forecast, budget and report on cloud infrastructure costs by an assortment of factors, including cloud provider, account and region.
Cost allocation by center/team
Tag cloud resources to track cloud budget and spend and enable invoice reconciliation and allocation to cost centers/teams with specific markups and markdowns on cloud costs.
Cost anomalies alerting
Automatically calculated spend anomalies reporting gives you insight and culprits behind spikes and reduction in cloud spend by a variety of variables.
Success story
Business spend management platform puts its money on cloud optimization and saves
As Coupa rapidly expanded, managing their multi-cloud environment along with its costs became top priorities. Already a customer, Coupa added additional Flexera capability and gained cost visibility, discount reporting and cost optimization concierge services.
Cloud cost optimization capabilities
Optimize public and private cloud spend
Gain full control over multi-cloud costs
Simplify cloud cost management across multiple platforms and work collaboratively with cloud resource owners to report, manage and optimize cloud spend.
Leverage AI and machine-learning policies to control cloud estate
Enable your cloud governance teams to manage and control hybrid cloud use to automate governance of costs, operations, security and compliance.
THOUGHT LEADERSHIP
Top cloud challenges for all organizations in 2023
82%
Managing coud spend
79%
Security
78%
Lack of resources/expertise
