Commitments sized to real usage
Buy the coverage your usage supports, with the cost and break-even of each option.
Rate Optimization
Pay less per hour for the same usage, and pay only what you owe.
Rate Optimization is one of the four solutions in Finitizer CloudIQ. It plans Savings Plans, Reserved Instances and committed use discounts from your real usage on AWS and Google Cloud, and checks your bills against your usage and contract rates. Finance, FinOps and procurement teams see what to buy, what sits idle and which discounts were missed.
Discounts you can check
Confirm negotiated rates and credits appear on the bill, line by line.
No surprise renewals
Every commitment's expiry date tracked, with a recommended next step.
Why rate savings get missed
Cloud contracts are negotiated once and rarely checked again. Reserved Instances expire without renewal. Committed use discounts sit idle while on-demand charges grow. Credits go unreconciled. And when finance asks why the bill went up this quarter, nobody has a fast answer.
What Rate Optimization checks
Commitment coverage
The share of eligible spend covered by Savings Plans, Reserved Instances and committed use discounts, and what idle commitments cost each month.
Commitment renewals
Every expiry date, with a recommended replacement and its financial impact, so nothing lapses to on-demand rates by accident.
Contract rates
Whether negotiated enterprise discounts are applied to every eligible service, so rate mismatches are caught before they become disputes.
Billing anomalies
Unexpected charges, missed credits and pricing changes, flagged when they appear rather than at month end.
Credits and refunds
Expected credits and refunds against what the provider actually applied, by billing period.
Marketplace spend
Third-party software bought through the cloud marketplace, separated from infrastructure, and whether it counts toward your commitment.
Who uses it
Finance and procurement
- Contract rate checks
- Credit and refund tracking
- Commitment renewal plans
- Billing anomaly alerts
FinOps and engineering leads
- Commitment coverage
- Idle commitment costs
- Allocation and untagged spend
- Savings Plan and RI utilization
Audit and compliance
- Evidence for each finding
- Audit trail of changes
- Support for internal controls
Two illustrative examples
A missed enterprise discount
Problem: A large AWS customer negotiated an enterprise discount. A service migration later introduced new SKUs that the rate card did not cover, and on-demand charges built up for six billing periods.
Finitizer action: The contract rate check compares each SKU with the rate card and flags the gap in the first billing cycle. Finance raises a credit claim with AWS.
Outcome: Credits recovered, and further overcharging stopped.
An idle Reserved Instance portfolio
Problem: An enterprise bought a three-year Reserved Instance portfolio. Staff changes and a workload migration left a third of the capacity unused.
Finitizer action: The commitment coverage check finds the gap in the first monthly scan, prices the daily waste, and recommends Reserved Instance exchanges and a partial move to Savings Plans.
Outcome: Commitment utilization back above 90%.
Frequently asked questions
What is rate optimization?
Rate optimization lowers the price you pay per unit of cloud usage, rather than how much you use: Savings Plans, Reserved Instances, committed use discounts and negotiated contract discounts. It pairs with usage optimization, which reduces how much you use.
Which clouds does Rate Optimization cover?
AWS and Google Cloud: Savings Plans and Reserved Instances on AWS, committed use discounts on Google Cloud, and the contract rates and credits on both bills.
Does Finitizer buy commitments for me?
No. Finitizer recommends what to buy, exchange or let expire, with the cost and break-even of each option. Your team decides and makes the purchase.
What access does it need?
Read-only access to billing and usage data. Nothing is installed in your cloud and no keys are stored.
How do I get started?
Get a free Cloud Cost Assessment. It covers your commitments and rates as well as your usage.