TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Vertice (Vendr + Blissfully)

    Score7 out of 10
    N/AVertice is a Software-as-a-Service (SaaS) and cloud spend management platform designed to centralize software purchasing, renewal tracking, and cloud cost optimization. Following its acquisition of Vendr—which had previously absorbed Blissfully—the solution integrates Blissfully's automated application discovery, license utilization tracking, and shadow IT detection alongside Vendr's transaction pricing benchmarks, intake-to-procure workflows, and assisted contract negotiations. Finance and…N/A
    Pricing
    TropicVertice (Vendr + Blissfully)
    Editions & Modules
    No answers on this topic
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    Offerings
    Pricing Offerings
    TropicVertice (Vendr + Blissfully)
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    TropicVertice (Vendr + Blissfully)
    Considered Both Products
    Tropic
    No answer on this topic
    Vertice
    Chose Vertice (Vendr + Blissfully)
    Vendr is very closely aligned feature wise with Tropic. The main separation between the two is that Tropic provides more workflow tools and pricing insights while Vendr has come in at a lower price point as compared to Vendr.
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
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    Delivers good value for the price
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    Happy with the feature set
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    Lived up to sales and marketing promises
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    Implementation went as expected
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    User Ratings
    TropicVertice (Vendr + Blissfully)
    Likelihood to Recommend
    9.5
    (2 ratings)
    8.0
    (3 ratings)
    User Testimonials
    TropicVertice (Vendr + Blissfully)
    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.
    Incentivized
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    Vertice
    My experience with Vendr has overall been quite good; they are invested in making sure their companies get the best possible discount and I appreciate both the money and time save they provide for me. Be aware that, while they will support any software spend over $5K, there are certain products (like Notion and Slack) that, unless you are a much bigger company, they will not be able to secure you savings on. There are also the occasional company that will not work with Vendr, though this is the exception, not the rule.
    Incentivized
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    Pros
    Tropic
    • Contract negotiation
    • Contract visibility
    • Benchmarking
    • Current contract usage
    Incentivized
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    Vertice
    • Access tracking and revocation.
    • On-boarding and off-boarding workflows.
    • Systems spend tracking, per team.
    • Internal access and purchasing ticketing.
    Incentivized
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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.
    Incentivized
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    Vertice
    • I would love to have more access to the data insights they're using in terms of pricing benchmarks.
    • As we utilize a different software to manage workflow spend approval, it would be ideal if Vendr could expand their systems in that way.
    • Notes on contract preferences seem to be very manually maintained, which can result in occasional oversights.
    Incentivized
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    Alternatives Considered
    Tropic
    We reviewed other provides for automated bill entry, but not for contract negotiation.
    Incentivized
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    Vertice
    We initially investigated other alternatives, but found that Blissfully was well suited for our needs. It had a good amount of pre-built functionality which was built based off of Blissfully's expertise; but also the ability to customize where we needed. Additionally, other solutions try to do A LOT more, which makes it much more cumbersome to move over to because you're changing multiple systems as opposed to augmenting specific processes.
    Incentivized
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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.
    Incentivized
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    Vertice
    • They have generally been a time saver from a Procurement point of view
    • I have learned a great deal about negotiating tactics and leverage from them.
    • They save us contract money!
    Incentivized
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