TrustRadius

SpendHound vs. Tropic

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
SpendHound
Score 0.0 out of 10
N/A
SpendHound is a SaaS spend management solution offering a no cost software audit. Through a combination of software and human analysis, SpendHound offers personalized advice on how to cut wasted software spend.
$0
Tropic
Score 9.4 out of 10
N/A
Tropic 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
SpendHoundTropic
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SpendHoundTropic
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Best Alternatives
SpendHoundTropic
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Freshservice
Freshservice
Score 8.6 out of 10
Freshservice
Freshservice
Score 8.6 out of 10
Enterprises
Freshservice
Freshservice
Score 8.6 out of 10
Freshservice
Freshservice
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
SpendHoundTropic
Likelihood to Recommend
-
(0 ratings)
9.5
(2 ratings)
User Testimonials
SpendHoundTropic
Likelihood to Recommend
YipitData
No answers on this topic
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.
Verified User
Anonymous
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Pros
YipitData
No answers on this topic
Tropic
  • Contract negotiation
  • Contract visibility
  • Benchmarking
  • Current contract usage
Verified User
Anonymous
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Cons
YipitData
No answers on this topic
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.
Verified User
Anonymous
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Alternatives Considered
YipitData
No answers on this topic
Tropic
We reviewed other provides for automated bill entry, but not for contract negotiation.
Verified User
Anonymous
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Return on Investment
YipitData
No answers on this topic
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.
Verified User
Anonymous
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ScreenShots