Finout Alternatives

4.7(22 Ratings)

Cloud Financial Management Tools

Considering alternatives to Finout? See what this market Finout users also considered in their purchasing decision. When evaluating different solutions, potential buyers compare competencies in categories such as evaluation and contracting, integration and deployment, service and support, and specific product capabilities.

Check out real reviews verified by Gartner to see how Finout compares to its competitors and find the best software or service for your organization.

Reviewed in Last 12 Months

How Alternatives Are Selected

1. IBM Turbonomic

By IBM

4.6

Overall the experience has been positive because the platform delivers clear and actionable insights for resource optimization. Automation works well once properly configured and has reduced manual effort. The main challenges have been related to initial setup complexity and tuning recommendations for specific workloads.Read all insights and reviews for IBM Turbonomic

Where Finout Scored Higher

Better evaluation and contracting

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2. Datadog Cloud Cost Management

4.4

My overall experience with Datadog Cloud Cost Management has been positive. It provides a centralized & detailed view of cloud spending, which has been very helpful in understanding how costs are growing and where optimizations are needed. The platform fits well with other Datadog services & gives reliable insights into cloud usage & cost trends. What has worked well: 1) Datadog provides a clear picture into cloud costs across different services, accounts & environments. Its tag-based filters make it easy to understand where the money is being spent. 2) Since it works within the same Datadog platform used for logs, metrics & performance monitoring, cloud cost insights feel connected to real operational data. 3) Seeing trends over time along with projected costs helps with better budget planning & clear decision making. What hasn't worked well or could be improved: 1) While the insights are strong, it takes some time to understand all the cost features & how best to use filters, tags & dashboards. For new users, the interface is not always intuitive right away. 2) The tool shows where the money is being spent but doesn't always provide specific recommendations for optimization without integrating with external or third party cost optimization services. Read all insights and reviews for Datadog Cloud Cost Management

Where Finout Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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3. IBM Cloudability

By IBM (Apptio)

4.1

My overall experience with IBM Cloudability has been positive. The onboarding process was relatively straightforward and easy, not proving to be overly complicated. From a value measurement perspective, the product's primary business goal revolves around financial optimization, which includes achieving reduced costs and enabling proactive measures to lower our overall cloud expenditures. The integration of this tool has significantly enhanced our workflow by providing much-needed transparency into our cloud consumption. This transparency, in turn, has allowed us to implement specific actions aimed at optimizing that consumption, such as the strategic purchase of savings plans from our various cloud vendors. The product demonstrates strong scalability with our business growth. While the solution scales effectively, a critical consideration that prospective customers must be aware of is the cost model. This model is typically based on the consumption monitored by the tool, meaning that significant growth in cloud consumption could potentially impact the overall cost of the tool itself. However, aside from this financial consideration, we have not needed to undertake any major upgrades, expansions, or significant modifications to the solution. Our decision to purchase this product was driven by several key factors. The top priorities included cost management and the goal of creating internal operational efficiencies. Beyond these, product functionality and performance, coupled with a robust roadmap and future vision from the vendor, were crucial determinants in our decision-making process. During the evaluation phase, we undertook a comprehensive process. This involved conducting an RFP (Request for Proposal) with several different vendors and engaging in a detailed assessment that spanned several weeks. A significant component of our evaluation was a Proof of Concept (POC), which allowed us to observe how the tool would integrate and function within our environment, evaluate the implementation effort required, and assess the platform's overall usability. Regarding internal adoption within our organization, we proactively established an overall practice supported by a dedicated team. This team's mission is to assist our internal customers in the adoption and successful utilization of the tool. This approach underscores our commitment to not merely rolling out technology but also providing the essential support structure necessary for widespread and effective adoption. The deployment architecture of IBM Cloud ability is cloud-based. Our internal team responsible for the deployment and ongoing management of this solution is geographically dispersed across Switzerland, and the United States.Read all insights and reviews for IBM Cloudability

Where Finout Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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4. Umbrella

4.3

The tool provides details on the overall cloud spend and cost optimization recommendations in a single view, which is really good for planning for optimizations. Faced challenges with Cloud Recommendation feature 1. The new UI is difficult for some users to find where the option is to 'exclude/mark done' the recommendations. 2. Observed in many cases that after marking an item as 'Done' from the recommendation, it does not remove it from the recommendation 3. When an action is taken upon a recommendation in the Cloud account and not marked as 'Done' in the Anodot, it does not track or mention the savings achieved for such cases. The product could also include custom parameters on which I want to see my cloud infra stands. for ex. how many high-cost vs low cost EC2s, if I can define high and low cost.Read all insights and reviews for Umbrella

Where Finout Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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5. Vantage

5

Vantage makes our cloud spending data more accessible to our team and gives us usage data from within our Kubernetes clusters to estimate the cost of workloads. Because Vantage can pull cost data from both AWS and Azure we can create reports that show cross-cloud spend. In some cases the offerings are more complete on AWS than Azure - for example the Autopilot feature is AWS only. We initially had some issues with the Kubernetes provider returning incorrect estimates, but the Vantage team worked with us to address those issues and win back our trust in the Kubernetes provider.Read all insights and reviews for Vantage

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6. Kubex

4.7

Kubex has genuinely streamlined the deployment process which just works in a such a way that our team actually enjoys using it. There is a bit of a learning curve at the start but in overall, it is a reliable and well designed platform.Read all insights and reviews for Kubex

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7. ServiceNow Cloud Cost Management

4.4

ServiceNow Cloud Cost Management is the most effective tool that helps the organization to control their cloud expenditure; it helps in cost control and budgeting allowing the organization to manage their finances and allow them to implement necessary steps. According to my experience at our organization, this software can be utilized to control IT and cloud usage, which helps manage hotel operations such as online booking platforms, F&B control system, Guest application and store management. One of the key roles of this software is cost control. This allows the IT and finance team to manage the expenses of each department such as Front office, reservations, housekeeping department, sales department, guest occupancy which allows the operations to understand were the utilization is required and were we need to focus more. This software also helps us in budget planning and forecasting, which is an essential element for my organization to analyze the occupancy and needs of the guest; it also provides streamlined resources by identifying the idle resources and allows the organization to focus more on the product which is required for the organization and helps in reducing the over cost. Overall, ServiceNow Cloud Cost Management is the most valuable tool for the organization as it helps the finance team to control the budget and allows them to work on decision making and align IT cost with organizational goals. Read all insights and reviews for ServiceNow Cloud Cost Management

Where Finout Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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8. Pier Cloud FinOps Platform

4.7

Overall experience with Pier Cloud has been strongly positive. The platform consolidate multi-provider billing and usage into a single point of truth, enabling governance at scale, accurate showback/chargeback , and actionable optimization. We saw faster month-end close, better forecast accuracy. Data provided helps a lot on daily decision making. Vendor supporting has been responsive and knowledgeable. Overall, Pier Cloud is a reliable, enterprise-grade FinOps platform that elevates cost governance operational efficiency Read all insights and reviews for Pier Cloud FinOps Platform

Where Finout Scored Higher

Easier to integrate and deploy

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