Have you used a tool that led to a proven decrease in cloud spend?
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I must admit it's been a while since I was involved in this. If you are 'stuck' with your current provider than an audit of the services and products you consumer is a good start. Critically evaluate what is available and what you need; the delta can be quite compelling. If you have the freedom to evaluate your cloud options, then a quick formal 'survey' of the market does wonders in getting a better deal from a provider. So instead of spending a little extra to spend less (a favourite tagline of many cloud tool providers), go straight to the spend less option. And if neither of those appeal you can always play the "let's revoke privileges" card for non-essential services: also known as the if-you-don't-use-it-you-lose-it approach to tools access.
Finally, now I think of it; the most money we saved recently is when we moved tons of storage from on-line to comparatively easy to retrieve back-up.
We haven't used any third-party tools but the built-in tools in AWS to aid in understanding where our cloud spending is coming from have proven useful. Moving to more serverless implementations rather than large dedicated instances has proven helpful.
regular audits helped in understanding spend details and then cutting off overuse. Also, next comes performance optimisation of application for helping out..
Almost all platform has a built-in feature to recommend based on your usage. I find it quite useful for AWS and Azure instead of using any 3rd party tool.
AWS Trusted Advisor is decent.