FINOPS
Tangoe One Cloud + FinOps Premier Partner
Empowering Financial Operations to Unlock Growth Potential
As cloud spend grows, so do expectations to manage every dollar with precision. That’s why organizations are turning to FinOps: a practical way to bring financial clarity, control, and collaboration to the cloud. Built on proven methodologies, FinOps helps IT, finance, and business teams align around a shared strategy so they can plan, optimize, and take ownership of cloud costs with confidence.
FinOps Principles
Listed in no specific order and should be taken as a whole
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FinOps should be enabled centrally
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Take advantage of the variable cost model of the cloud
Explore the full FinOps framework with the official overview from the FinOps Foundation.
Dive into Tangoe’s guide for pro strategies to maximize your FinOps impact.
FinOps Domains Supported by Tangoe One Cloud
Understand Usage and Cost
Know exactly who’s spending what and why
Quantify Business Value
- Planning & Estimating
- Benchmarking
- Forecasting
- Unit Economics
- Budgeting
Optimize Usage & Cost
- Architecting for Cloud
- Rate Optimization
- Cloud Sustainability
- Workload Optimization
- Licensing & SaaS
Manage the FinOps Practice
Know exactly who’s spending what and why
Data Ingestion
Continuously gather and organize cloud cost and usage data from multiple sources to create a single source of truth. Have complete confidence that the numbers you’re seeing and acting on are accurate and audit ready.
- Seamlessly integrate data from your public cloud, SaaS applications, and enterprise systems for consistent, real-time insights. Tangoe One Cloud connects with all major cloud providers and hundreds of SaaS apps.
- Automate daily data ingestion to reduce manual effort and ensure reliable, real-time reporting.
- Validate monthly cloud usage against provider invoices to ensure costs match down to the penny.
- Align teams with centralized reporting, powered by advanced APIs and connectors.
Allocation
- Automatically allocate cloud costs to departments, teams, and projects based on actual usage.
- Enforce tagging policies and custom business rules to support consistent, accurate cost attribution.
- View how current spend is allocated based on your business rules through an interactive Exception Dashboard.
- Enable accurate chargeback and showback processes to promote accountability across business units.
Reporting & Analytics
From high-level snapshots to deep-dive analysis, give every team the insights they need to understand cloud costs, track trends, and make smarter decisions together.
- Share dashboards with any user across your organization with access to Tangoe One Cloud, making insights easy to distribute and act on.
- Filter, analyze trends, and export data for flexible, self-service exploration.
- Drill down into cost and usage data with features that allow for deeper insights into specific data points.
- Customize reports with tags and allocation rules so different teams and end users can see cloud costs in a way that matches the business, updated in near real-time.
Anomaly Management
Automatically detect cloud cost anomalies before they affect the budget.
Leverage AI-driven monitoring to detect unexpected spikes, unauthorized provisioning, and billing errors across multi-cloud environments.
Easily visualize spending trends based on cost and usage data.
Get near real-time alerts when costs deviate from historical trends or predefined thresholds.
Uncover irregularities with time-based comparisons and percent variance insights.
Resolve issues faster and prevent cost overruns through proactive notifications
Planning & Estimating
Run what-if scenarios to assess trade-offs and financial impacts.
Visualize forecasts by project, department, or cost center using tagging.
Model architectural changes and track plans versus actuals.
Shift from reactive budgeting to proactive, business-aligned planning.Resolve issues faster and prevent cost overruns through proactive notifications
Budgeting
Automate daily spend tracking and get actionable insights into spending trends.
Get real-time visibility into budget consumption and alerts when spending approaches predefined thresholds.
Establish granular budget controls based on cloud provider, account, project, or specific service categories.
Upload your entire fiscal year budget and associate line items with specific cost centers, projects, or services to track spending.
Create customized budget views comparing planned vs. actual spend.
Keep finance and IT in sync with proactive budget monitoring.
Architecting for Cloud
- Visualize cost spikes across categories like storage, compute, and network.
- Use tagging to associate charges with projects, environments, or cost centers.
- Group and track costs with greater granularity at project level.
- Set proactive alerts to monitor rising costs in near real-time.
Rate Optimization
Tangoe One Cloud constantly canvases your cloud environment to surface cost-savings opportunities based on usage patterns (admin users can act on cost-saving recommendations across AWS, Azure, and Google through Tangoe’s IaaS Optimization tool).
Identify underutilized resources and take action through automation and pausing tools.
Get actionable recommendations to reduce costs without sacrificing performance or flexibility (i.e., when to commit to long-term pricing models and when to take advantage of dynamic pricing).
Apply optimization strategies with policy-based enforcement.
Workload Optimization
Evaluate and optimize workload placement across hybrid environments.
Identify the most cost-effective environment for each workload without sacrificing performance.Follow an iterative process of planning, testing, and refining to drive continuous improvement.
Align workload decisions with evolving business needs and technical requirements.
Licensing & SaaS
Manage license data, software usage, renewal cycles, licensing terms, and costs from a single platform.
Automated license tracking pinpoints underutilized or duplicate subscriptions with support for license re-harvesting.
Contract management features track renewal dates and negotiated rates so you can stay ahead of renewals and avoid surprise costs.
Integrate with vendor-specific pricing models to ensure you get the most cost-effective licensing options.
Use approval-based workflows and actions, which can be scheduled for a greater degree of control and automation.
FinOps Practice Operations
Support a mature FinOps discipline with real-time visibility, automated cost allocation, and actionable insights.
Leverage 25+ years of IT expense management expertise to scale your FinOps program with confidence.
Establish a culture of financial accountability, streamline cross-functional collaboration, and implement cost-saving measures without sacrificing agility.
Cloud Policy & Governance
Set real-time controls for spend thresholds, tagging,
and usage limits.Restrict access to cost and usage data by role (admin settings control visibility so users only see data for their assigned cost centers).
Maintain regulatory compliance with detailed audit logs and certifications (SOC 2, ISO 27001, GDPR).
Enforce policies automatically at both the admin and resource level.
Resolve issues faster and prevent cost overruns through proactive notifications
FinOps Assessment
Evaluate your current FinOps maturity through guided consultative sessions.
Define cost savings guarantees and unpack the value of a FinOps program with Tangoe.
Receive actionable recommendations for improving financial performance and operational efficiency based on your spending trends, policy adherence, and best practices.
Track progress with ongoing assessments aligned to your business goals.
FinOps Tools & Services
Intelligently monitor cost, analytics, and governance with a centralized, AI-powered FinOps platform.
Integrate with ERP systems, financial tools, and third-party services across multi-cloud environments.
Foster collaboration between IT, finance, and business teams.
Use automation and customizable dashboards to boost cost accountability.
Create customized budget views comparing planned vs. actual spend.
Keep finance and IT in sync with proactive budget monitoring.
FinOps Enablement & Education
Get personalized, ongoing guidance from FinOps experts no matter the maturity of your FinOps model.
Get role-based access to FinOps data (personalized views that provide specific teams with the insights most relevant to their responsibilities).
Improve financial literacy around cloud spend across technical and non-technical teams.
Invoicing & Chargeback
Distribute costs clearly to departments, teams, or projects to drive ownership.
Consolidate invoices from multiple public cloud providers to eliminate discrepancies and ensure accuracy.
Tangoe One Cloud applies your organization’s business rules to usage data, ensuring AP files and general ledger (GL) journal entries match specific formatting and reporting requirements.
Automatically match public cloud invoices to vendors’ cost and usage data for accurate IaaS cost reconciliation.
Instantly spot hidden costs with detailed invoice analysis that uncovers unused services, unexpected fees, and areas for potential savings.
Onboarding Workloads
Plan and place workloads based on performance, cost, and business priorities.
Leverage workshops to guide structured onboarding and environment selection.
Ensure hybrid environment support without compromising performance.
Continuously evaluate placement to optimize as needs evolve.
Intersecting Disciplines
Leverage enhanced reporting, budget tracking, data customization, financial rules monitoring, optimization evaluation, and workshops to enhance FinOps activities for KPIs specific to each business unit, including “non-cloud” specific departments.
Drive cross-team alignment and collaboration with shared data and goals, ensuring financial efficiency never comes at the expense of innovation or performance.
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