How many tools in your software stack do the same thing? When a renewal comes up, do you know what alternatives exist in the market? Most organizations can't answer these questions quickly, which means missed consolidation opportunities and weaker negotiating positions.
This month, we're rolling out Alternate Suppliers as part of the Purchase Prep Assistant to fix that. Plus three more updates to help you work faster and smarter.
Alternate Suppliers: See what competes before you buy
Organizations waste significant budget on redundant software. Someone requests a new tool without knowing similar functionality already exists. Renewals get approved without exploring consolidation. Negotiators walk in without knowing what alternatives are available.
Alternate Suppliers fixes this by surfacing competitive intelligence directly in your workflow:
- For your existing stack: See which contracted suppliers offer overlapping functionality. Identify consolidation opportunities before renewal season hits.
- For new purchases: Get alerted during intake and requests when you're about to buy something that duplicates what you already have. Approvers see the same context before signing off.
- For negotiations: Research market alternatives without leaving Tropic. Filter by what matters—cost reduction, platform consolidation, or feature expansion—and use competitor pressure to secure better terms.
The data comes from AI analysis validated by our team, drawing from real customer conversations and contract negotiations across the Tropic network. It's competitive intelligence that web research can't match.
What Else Is New
Expert Insights: Now available directly in Tropic
Expert Insights—early intelligence on supplier pricing changes, packaging updates, and discount shifts—now lives inside Tropic instead of your inbox. Find relevant insights on supplier pages, contract records, and a new dedicated index. Contract owners and requestors get automatic notifications when new insights are published for suppliers they manage.
No more digging through emails when you need intel at renewal time.
Google Drive Document Uploads
Connect your Google Drive to Tropic and import contracts and documents directly, skipping the tedious download-and-reupload process. Authenticate once, browse your Drive from within Tropic, and bring files in with a few clicks. Supports PDFs, images, Google Docs, and Google Sheets, and is especially useful during onboarding when you need to import a large document library fast.
Customer Exports Expansion
Organization Owners can now export 15+ data types—users, requests, workflows, policies, forms, documents, and more—from a centralized Exports page. View all organizational exports in one place, re-run past exports, and maintain a clear audit trail.
Your data, portable when you need it.
Available Now
These features are rolling out to all Tropic customers. Questions? Reach out to your Account Manager for more information.
Not a Tropic customer yet? Book a demo to see how intelligent procurement can work for your team.
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