Tropic

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Tropic
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Tropic
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Tropic
Considered Both Products
Tropic
Chose Tropic
We reviewed other provides for automated bill entry, but not for contract negotiation.
Best Alternatives
Tropic
Small Businesses

No answers on this topic

Medium-sized Companies
Freshservice
Freshservice
Score 8.5 out of 10
Enterprises
Freshservice
Freshservice
Score 8.5 out of 10
All AlternativesView all alternatives
User Ratings
Tropic
Likelihood to Recommend
9.5
(2 ratings)
User Testimonials
Tropic
Likelihood to Recommend
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.
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Pros
Tropic
  • Contract negotiation
  • Contract visibility
  • Benchmarking
  • Current contract usage
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Cons
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.
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Alternatives Considered
Tropic
We reviewed other provides for automated bill entry, but not for contract negotiation.
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Return on Investment
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.
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