In this episode, host Michael Stephenson sits down with Frank Contrepois – independent FinOps voice, co-host of the FinOps Guys podcast, and one of the earliest practitioners in the space. Frank brings a genuinely different lens to cloud cost management, shaped by his background in commodity trading and financial markets. They cover why reserved instances are really just forward contracts, how to think about commitment strategies through a risk appetite lens, and what the FinOps community often gets wrong when it focuses too narrowly on tooling over financial thinking.
You can listen to the other episode on Apple Podcasts, Spotify, and YouTube.
00:00:00 – FinOps on Azure: Welcome & Intro
00:05:00 – What is TOP-DOWN FINOPS?
00:06:36 – Why CFOs HATE Cloud Budgets
00:07:36 – Bottom-Up vs Top-Down FinOps Explained
00:09:00 – Get EXECUTIVE POWER in FinOps (Step-by-Step)
00:11:24 – FinOps Policies: Strategic → Tactical Framewor
00:13:48 – Where Should FinOps Report? (CIO vs CEO)
00:15:00 – Read THIS to Understand Your C-Suite
00:17:36 – FinOps in NON-TECH Companies
00:19:12 – Risk in FinOps = OPPORTUNITY
00:20:48 – AI Cloud Spend
00:22:24 – Frank’s Website + FinOps Guys Podcast
Don’t miss other episodes of the FinOps on Azure Podcast, where we speak with practitioners, consultants, and cloud leaders about real-world cost management challenges, lessons learned, and what actually works in practice.
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