Tropic

About Tropic

Tropic is an essential tool for companies of all sizes. Its suite of products are designed to help manage the software purchasing process and provide a strategic advantage to its users. Finance teams can take advantage of guaranteed savings and ROI. IT teams can ensure compliance and reduce risk. Procurement teams can implement process efficiencies and work with Tropic as an extension of their own team. Tropic's products are designed to save money and time, while mitigating risk and ensuring compliance. Its comprehensive suite of features helps companies of all sizes manage their purchasing process, guarantee savings and turn their software spend into an advantage. Companies who choose Tropic can rest assured that their software acquisitions are handled in a secure and cost-effective manner.

Pricing

Free Trial Not Available
Starts at $10000.0.
View Detailed Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

93%
Reviews

80%
Momentum

62%
Popularity

73%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)
Freelancers

API Support

NA

Modes of Support

Online

Tropic Features

Show Feature Explanation

Show Missing Features

SaaS Spend Management Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

93%

Usage Monitoring

Enables admins to monitor and control SaaS tool usage, preventing unauthorized access and detecting suspicious activity or misuse.

Spend Optimization

Allows to identify and control redundant and unnecessary costs and transactions.

Spend Forecasting

Helps to measure future spending on SaaS tools based on contracts.

Spend Tracking

Ability to effortlessly track and map spending across departments using all tools.

Peer Benchmarking

Enables comparison of software products, costs, sentiment, and usage with those of peer companies.

Policy Enforcement

Allows administrators to establish comprehensive security and data governance policies.

SaaS Automation

Facilitates process automation surrounding SaaS administration

License and Renewal Tracking

Helps to track all contracts, software licenses, and service agreements to operate effectively.

Recommendation Engine

Analyzes available data using machine learning algorithms to make the most relevant suggestions the user might be interested in

Contract Management

Helps in automating, streamlining and enhancing every vital aspect of a contract

Dashboard

A digital insight of reports and other workings on a single screen

Access Control

Defines application access to various users. Includes role-based system that controls options to be displayed to different users based on their role

SaaS Utilization Tracking

Allows to keep track of the number of licenses in use and their usage

Application Catalog

Businesses have the option to select from a variety of applications for subscription, tracking, and management

Onboarding Tools

Comes with built-in onboarding tools for new user adoption

Tropic Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Subscription )

Pricing Plans

Supplier Intelligence $10,000.00 $10,000.00 per year

Based upon the Number of Employee Count, the Pricing Plan Varies

Features

For 100 Employees
Unlimited Price Benchmarks
Negotiation Playbooks
Supplier Insights

Intake to Procure $14,500.00 $14,500.00 per year

Based upon the Number of Employee Count, the pricing plan varies

Features

For 100 Employees
Intake
Workflows & Approvals
Contract Management
Renewal Management
Reporting
ERP Integration
Utilization Tracking
Shadow Spend Detection
Audit Logs
HRIS Integration

Intelligent Spend Management $22,000.00 $22,000.00 per year

Features

For 100 Employees
Includes Features of Intake to Procure Plan, Plus
Includes Features of Supplier Intelligence Plan, Plus

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 29/10/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Tropic Pricing

Tropic Alternatives

View All Tropic Alternatives

93% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Spendbase cut your costs and control SaaS subscriptions read more

5 11 user ratings

View Details

70% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Oveo Smart Management for Growth read more

View Details

96% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Spendflo Get the best purchasing, negotiating, renewal, and tracking service... read more

4.8 81 user ratings

View Details Tropic Vs Spendflo

83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

SaaSTrax Streamline Cloud-based Software Usage Across Organizations read more

5 2 user ratings

View Details

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

SaaSrooms Control Your SaaS Spend read more

View Details

97% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Vendr The no-brainer SaaS buying platform read more

4.8 109 user ratings

View Details Tropic Vs Vendr

85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

VendorSage Save on your SaaS and Cloud spend read more

View Details

82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Diminish Stay Ahead of Wasteful SaaS Spend read more

View Details

98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Zylo Get Complete Control Over SaaS Costs And Risks read more

4.9 51 user ratings

View Details Tropic Vs Zylo

96% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Torii Maintain all your SaaS applications at a single place read more

4.7 238 user ratings

View Details

Tropic Reviews

User Rating

4.8/5 (Based on 52 Ratings)

Rating Distribution

Excellent
78.8%
Very Good
19.2%
Average
1.9%
Poor
0%
Terrible
0%

User Sentiments

Excellent Customer Support, Negotiation Expertise, Centralized Contract Management, Time Saving

Lack of Mobile App, Limited Integrations, Platform Complexity, Slow Platform Migration

Do You Use Tropic?

Write a Review

Review Summary

Users consistently praise Tropics' exceptional customer service and expertise in SaaS contract negotiation, leading to significant cost savings and time management improvements. The platform is praised for its user-friendly interface, centralized contract management, and helpful renewal reminders. However, some users note the need for further integration with other platforms like Coupa and Slack, as well as enhanced customization of intake questions and workflows. While the platform is still developing, Tropics' commitment to user feedback and continuous improvement ensures a valuable solution for organizations looking to streamline SaaS procurement and optimize spending.

Pros

Streamlines procurement processes, saving time and money.
Provides valuable insights for better vendor contract negotiation.
Offers intuitive platform and exceptional customer support.
Centralizes contract information for easy access and visibility.

Cons

Lack of integration with existing accounts payable systems.
Limited customization options for request intake questions.
Mobile app functionality could be improved for onthego access.
Turnaround time for procurement requests can be longer than some prefer.

Tropic Reviews

AI-Generated from the text of User Reviews

Did you find this information valuable?

YES NO

Tropic FAQs

What is Tropic used for?

Tropic is SaaS Spend Management Software. Tropic offers the following functionalities:

Usage Monitoring
Spend Optimization
Spend Forecasting
Spend Tracking
Peer Benchmarking
Policy Enforcement
SaaS Automation
License and Renewal Tracking
Recommendation Engine
Contract Management
Dashboard
Access Control

Learn more about Tropic features.

What are the top alternatives for Tropic?

Here`s a list of the best alternatives for Tropic:

Does Tropic provide API?

No, Tropic does not provide API.

Tropic Contact

Vendor Details

New York, New York

Contact Details

+1-800-981-6303

https://tropicapp.io/

Social Media Handles

Linkedin 7K

Twitter 180

Disclaimer

This research is curated from diverse authoritative sources; feel free to share your feedback at [email protected]

Tropic

About Tropic

Tropic Features

SaaS Spend Management Features

Tropic Alternatives

Tropic Reviews

User Rating

Rating Distribution

User Sentiments

Do You Use Tropic?

Review Summary

Pros

Cons

Tropic FAQs

Tropic Contact

Disclaimer

We understand SaaS better

SaaSworthy helps stakeholders choose the right SaaS platform based on detailed product information, unbiased reviews, SW score and recommendations from the active community.

Buyers

Makers