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SAP Supplier Relationship Manager vs. Tropic

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    SAP Supplier Relationship Manager

    Score9 out of 10
    N/ASAP Supplier Relationship Manager is a solution combining procurement, catalog management and contract management.N/A

    Tropic

    Score9.4 out of 10
    N/ATropic is a procurement intelligence platform that automatically finds ways to reduce and control costs. By combining procurement workflows, supplier management, and benchmark pricing data together in one place, Tropic brings visibility, control, and leverage to company spend.N/A
    Pricing
    SAP Supplier Relationship ManagerTropic
    Editions & Modules
    No answers on this topic
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    Offerings
    Pricing Offerings
    SAP Supplier Relationship ManagerTropic
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    SAP Supplier Relationship ManagerTropic
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Precoro
    Score9.5 out of 10
    No answers on this topic
    Enterprises
    GEP Quantum Intelligence
    Score9.1 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    SAP Supplier Relationship ManagerTropic
    Likelihood to Recommend
    9.0
    (1 ratings)
    9.5
    (2 ratings)
    User Testimonials
    SAP Supplier Relationship ManagerTropic
    Likelihood to Recommend
    SAP
    SAP Supplier Relationship Manager is well suited wherever SAP ERP (like ECC , S/4HANA) is in use. It might not work well when ERP is not from SAP (mostly ERP for small customers like NETSUITE, APPTIO, CORTEX etc.). for smaller customers procurement software like Coupa would better fit compared to SAP Supplier Relationship Manager. For large customers (like fortune 500 companies) SAP-SRM would fit very well.
    Incentivized
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    Tropic
    Tropic is not ideal if you only have contracts below $5k. There isn't sufficient room to successfully negotiate those down. However, if you have sizable and or multi-year contracts, this is where they excel because they have a lot of real life data points to pull from. They are also tough negotiators. One of our reps owned an exhausting negotiation process with a data aggregator and saved us hundreds of thousands of dollars.
    Incentivized
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    Pros
    SAP
    • Bid Invitation
    • contract management
    • Live Auction
    • Invoicing
    • Shopping Cart
    Incentivized
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    Tropic
    • Contract negotiation
    • Contract visibility
    • Benchmarking
    • Current contract usage
    Incentivized
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    Cons
    SAP
    • Integration with ERP other than SAP
    • Analytics
    • Languages support
    • Automation
    Incentivized
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    Tropic
    • Their platform could be improved a bit to do a better job of shadow IT tracking (licenses being used or expenses).
    • Lowering prices for folks who may only want their platform without negotiation services.
    Incentivized
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    Alternatives Considered
    SAP
    Coupa is better suited for smaller organizations and can integrate well with non-SAP ERPs. It has more languages supported and good mobile interface. Coupa has good Analytics and ca integrate well with ERPs like netsuite, octa, salesforce, cortex etc. It can also well integrate with other software like Docusign and support multiple languages with easier custom development.
    Incentivized
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    Tropic
    We reviewed other provides for automated bill entry, but not for contract negotiation.
    Incentivized
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    Return on Investment
    SAP
    • efficiency in procurement function resulting lower TCO
    • Better relationship with suppliers
    • compliance management
    Incentivized
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    Tropic
    • They returned savings for us that was greater than the cost of their service.
    • The company has better hygiene in terms of being on top of our contracts - from negotiating terms that finance cares about to ensuring we don't let a contract auto-renew.
    Incentivized
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    ScreenShots