To optimize cloud spend, organizations need detailed visibility into their costs and usage of cloud services. This enables successful adoption of FinOps, which provides a framework to maximize the value from cloud expenditure. Key practices include tagging resources for cost allocation, maximizing commitment-based discounts, and alerting on unexpected cost changes. Datadog Scorecards can track compliance with these best practices and provide insights into an organization's progress in maturing its FinOps practice.