Outsourcing FinOps: How it Can Drive Greater Cost Savings

With cloud spend increasing by 35% year-on-year, impacting the business margins of just about every modern organization, it comes as no surprise that FinOps – a discipline focused on optimizing cloud costs while ensuring the efficient use of cloud resources – is fast becoming a priority for CFOs, CIOs and CTOs alike.

Wanting to reduce cloud spend and actually having the tools to do it are two entirely different things. Many organizations still lack the visibility and internal structure required to create financial accountability across departments — a challenge covered in our article on why finance leaders should care about optimizing cloud costs.

The question is, with the rising cost of cloud computing now increasingly unsustainable, how can you keep your spend to a minimum given these challenges?

The short answer is by outsourcing your FinOps practices. Here’s what you need to know. 

The increasing need for companies to adopt a FinOps partner

With companies continuing to adopt digital transformation models and invest heavily in AI, cloud costs are spiraling. This comes before annual price hikes from the cloud providers – AWS recently raised the price of its on-demand compute instances by an average of 23%, and Google Cloud has made several increases to core services.

Cloud spend is growing faster than IT budgets, with many organizations already spending upwards of $3.8 million annually. With more than 30% of that typically going to waste, cutting cloud costs without affecting performance is no longer optional – it's essential.

Our article, 5 reasons why 96% of Fortune 50 companies have a FinOps strategy makes it clear that leading organizations aren’t just recognizing the value of FinOps, they’re embedding it as a core business function.

Manual processes aren’t enough. Even with an internal team, uncovering every cost-saving opportunity across complex multi-cloud environments is nearly impossible without automation.

The benefits of outsourcing FinOps

According to a study from Cloudcheckr, 100% of organizations using a managed service provider (MSP) for their cloud operations were found to benefit from the relationship. While this in itself should convince you to outsource your FinOps – or at least to consider it – if it doesn’t, hopefully the following advantages will. 

Greater cost savings

FinOps platforms help companies identify areas of overspend that even internal teams can’t always catch.

Why?

• Cloud environments are often fragmented across teams and geographies
• Billing structures are overly complex, with hidden charges and usage tiers
• Architecture changes frequently, making manual tracking impractical

With Vertice now available on the AWS Marketplace, companies can integrate cost optimization directly into their existing cloud operations. The platform enables you to adjust resource allocations based on real usage, build more predictable budgets, and hold teams accountable for spend — all from within the infrastructure you already use.

The result: up to 25% in annual cloud cost savings, achieved with minimal engineering effort.

Enhanced visibility

Lack of visibility is a recurring pain point for finance leaders. As outlined in The Complete Guide To Cloud Financial Management, many CFOs feel reliant on technical teams to interpret budgets and justify growing cloud expenses.

With FinOps platforms, this gap is bridged. Finance can gain real-time insight into how spend is distributed, what’s driving increases, and where cost-saving opportunities lie.

Continuous optimization

Manual cloud cost reviews tend to be reactive, time-consuming, and incomplete. By contrast, an automated platform continuously monitors usage, recommends right-sizing, applies reserved instances where needed, and flags areas for immediate adjustment — all with minimal lift from your internal team.

This proactive model ensures you’re not just reacting to costs, but consistently staying ahead of them.

Increased financial accountability

Tension between finance and tech teams is common, particularly when priorities clash: finance wants cost control, while tech teams want the flexibility to innovate. This disconnect often results in limited collaboration and missed opportunities.

FinOps helps unify stakeholders around a single view of spend, reducing friction and increasing shared accountability. It ensures cost-efficiency and innovation no longer have to compete – they can co-exist.

Take control of your cloud operations with Vertice

When it comes to getting a handle on your cloud costs, you ultimately have three options. 

1. You can ignore cloud optimization altogether and waste around a third of your cloud budget
2. You can train a FinOps team in-house which can come with its limitations
3. You can maximize your savings potential by partnering with a cloud FinOps solution

Platforms like Vertice offer over 75 optimization tests to identify inefficiencies, spot anomalies, manage discounts, and provide the insight needed for accurate forecasting.

Whether you're just getting started or scaling your FinOps maturity, the smarter approach is clear – as outlined in 6 Ways To Combat Rising SaaS And Cloud Spend.