Tropic vs. Vertice

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
Vertice
Score 0.0 out of 10
N/A
Vertice is a tech-enabled SaaS purchasing platform that provides guaranteed savings to customers. It offers business leaders an overview of the tools they currently have in their stack, what the terms are, and when they are up for renewal. The platform also assists in usage and analytics, helping leaders see where they may be overprovisioned or where there may be duplicate tools. The platform leverages a database that covers over 16,000 different SaaS tools and supports the services side of the…
$30,000
per year
Pricing
TropicVertice
Editions & Modules
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Offerings
Pricing Offerings
TropicVertice
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing is based on yearly SaaS spend.
More Pricing Information
Best Alternatives
TropicVertice
Small Businesses

No answers on this topic

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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
TropicVertice
Likelihood to Recommend
9.5
(2 ratings)
-
(0 ratings)
User Testimonials
TropicVertice
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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Vertice
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Pros
Tropic
  • Contract negotiation
  • Contract visibility
  • Benchmarking
  • Current contract usage
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Vertice
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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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Vertice
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Alternatives Considered
Tropic
We reviewed other provides for automated bill entry, but not for contract negotiation.
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Vertice
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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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Vertice
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ScreenShots

Vertice Screenshots

Screenshot of Vertice DashboardScreenshot of Contracts SummaryScreenshot of Usage & AnalyticsScreenshot of Usage & Analytics