As managed service providers (MSPs) expand their service portfolios across clouds, the right FinOps platform becomes your differentiator. Your customers rely on you not only to maintain infrastructure but to optimize cloud costs, reduce waste, and provide clear, actionable reporting. But, not all FinOps tools are built to empower partners. Although the FinOps Foundation tracks more than 100 tools in the market, only a small number are designed with MSP programs, multi-tenant management, and partner-focused billing in mind.
For MSPs, the best FinOps tools are those that strengthen client relationships, improve margins, and scale service delivery. The right platform should simplify multi-cloud management, streamline billing, and make it easy to deliver differentiated FinOps services.
In this guide, we’ll review the top 6 FinOps tools for MSPs. We’ll highlight where each platform shines, how it supports partners, and the benefits it brings to MSP service delivery.
What are the best FinOps platforms for MSPs?
1. Ternary
Ternary is the best FinOps tool for MSPs supporting multi-cloud customers.
Since its launch in 2021 as a GCP-first platform, Ternary has maintained a channel-first motion and rapidly gained partner momentum. Purpose-built for FinOps and MSP-ready, Ternary delivers cost control across AWS, Azure, GCP, OCI, and Alibaba Cloud.
Our multi-tenant architecture, comprehensive MSP Dashboard, and flexible billing tools allow partners to simplify customer management, streamline operations, and generate accurate partner billing statements with ease. For multi-cloud MSPs, Ternary provides the ideal balance of visibility, control, and scalability.
Key features for MSPs:
- Multi-tenant architecture. Manage all clients from one centralized interface.
- Bill splitting. Separate billing data for each customer with ease.
- Granular customer management. Control client access to integrations and optimization insights.
- Comprehensive MSP Dashboard. Monitor cost trends, anomalies, savings, integration status, and user engagement.
- Billing rules engine. Create rules for rerating, operating margins, adjusting to list price, and backing out line items.
- Partner billing statements. Generate white-labeled, client-ready invoices.
2. CloudHealth
CloudHealth is a well established FinOps tool for MSPs.
Founded in 2012, CloudHealth Technologies was acquired by VMware in 2018. The platform has since gone through several branding transitions—CloudHealth by VMware, VMware Aria Cost powered by CloudHealth, and VMware Tanzu CloudHealth. Most recently, in 2023, Broadcom acquired the business and spun out go-to-market functions to Arrow Electronics.
Despite the changes in ownership, CloudHealth has retained a loyal MSP base thanks to features like Partner Generated Billing, which remains a standout capability. With strong policy governance and deep AWS optimization support, CloudHealth remains best suited for MSPs with a heavy AWS customer footprint.
Key features:
- Centralized customer management. Provision, assign, or delete customer tenants easily from one console.
- Partner Generated Billing. Create and customize individual customer bills from consolidated usage data.
- Robust policy engine. Apply automated policies for optimization, tagging, budgets, and alerts.
- AWS optimization. Deep support for Reserved Instances and Savings Plans management.
- GraphQL & REST APIs. Automate tenant provisioning, billing, policies, and reporting programmatically.
3. IBM Cloudability
Cloudability has long been a pioneer in cloud cost management, but it came late to the MSP market.
Founded in 2011, it was acquired by Apptio in 2019 and later folded into IBM through the 2023 acquisition. In May 2024, Cloudability officially launched its MSP-focused offering—years after rivals had already built partner-ready platforms. Despite the late start, it cannot be overlooked. Cloudability brings the weight of its FinOps expertise and its integration with ApptioOne, giving MSPs access to advanced ITFM and chargeback workflows.
Key features:
- Granular business mapping. Allocate costs by client, team, or project with precision
- Multi-cloud visibility. Get a single-pane view of all managed cloud spend
- Customer management. Provision tenants, manage price books, and automate margin reporting
- Invoicing and rerating. Apply markups/discounts for simplified, isolated customer billing
4. Umbrella (formerly Anodot)
Umbrella is a purpose-built FinOps platform that helps MSPs deliver AI-driven insights at scale.
The company’s roots trace back to Pileus, founded in 2019 as a cloud cost management startup, which was later acquired by Anodot in 2021. In 2025, the Umbrella brand was launched, carrying forward Anodot’s machine learning expertise and Pileus’s cloud cost optimization foundation into a unified FinOps solution.
While newer to the market under the Umbrella brand, the platform gives MSPs the reporting they need to scale profitably.
Key features:
- CostGPT AI assistant. Query cloud cost and usage data in natural language.
- Multi-tenant workspaces. Isolate clients and deliver scalable white-label reporting.
- Advanced rebilling. Apply flexible markups, discounts, and margin rules.
- GreenOps dashboards. Track AWS carbon emissions, and power and water consumption.
5. CloudCheckr
CloudCheckr has long been a staple in the MSP toolkit. Founded in 2011, CloudCheckr originally combined cloud cost optimization with security and compliance monitoring, giving MSPs a versatile governance solution for AWS and Azure.
The company was acquired by NetApp in 2021 and absorbed into the Spot by NetApp portfolio. Its product focus pivoted towards public sector clients during that time with its FedRAMP-ready designation. In 2025, Flexera acquired CloudCheckr, promising to align it with its broader ITAM and governance portfolio.
This acquisition could give MSPs new synergies by combining cost governance with license and asset visibility. However, Flexera’s roadmap remains unclear, creating uncertainty about how the product will evolve and how long it will continue as a standalone FinOps platform for MSPs. For partners, this ambiguity adds risk compared to newer, more MSP-focused competitors.
Key features:
- Comprehensive white-labeling. Customize logos, colors, login pages, email domains, and URLs (tiers sold separately).
- Security and compliance. Monitor 30+ frameworks, including CIS Benchmarks, HIPAA, PCI DSS, NIST etc.
- Best practice checks. Report on 600+ automated checks for cost, security, and compliance workflows.
- Invoice generator. Create AWS and Azure invoices for customer billing.
- Advanced billing engine. Apply custom charges, pricing models, and manipulate cost allocation.
6. CloudBolt
CloudBolt is a hybrid cloud management platform that blends provisioning, cost optimization, and infrastructure services into a single solution for MSPs.
Founded in 2012, CloudBolt built its reputation on hybrid cloud orchestration and self-service IT portals, making it a trusted name in infrastructure management. While not primarily known as a FinOps tool, CloudBolt has steadily expanded into cost governance and optimization. Today, it offers MSPs a full-stack platform that combines infrastructure provisioning with FinOps automation.
Key features:
- White-label portals. Branded client experiences with secure tenant isolation
- Continuous Native Actions. AI-driven optimization and automated remediation workflows
- Policy-based control. Enforce cost and resource rules across hybrid and multi-cloud estates
- Customizable margins & discounts. Apply markups or discounts from cloud-wide to individual resource levels
Final thoughts
Choosing the right FinOps platform for MSPs depends on your service model, client infrastructure, client size, and operational goals. The top FinOps tools for MSPs offer partners the flexibility and power to drive customer value, reduce spend, and operationalize FinOps at scale.
Explore the Ternary MSP Platform.
