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Spend Management
Finance Leadership
Guides & How-Tos

Stop the Quarter End Fire Drill: 3 Proactive Tips from an FP&A Leader
Quarter end close is usually when finance teams lose sleep. Tropic FP&A Director Matt Pringle shares insights to stop this fire drill, close the books faster, and forecast more accurately.
3 min read
Spend Management
Finance Leadership
Expert Perspectives

Market Volatility is Here: The Cost of Bad Spend Management Just Went Up
In volatile markets, you don’t cut visibility–you increase it. Tropic CFO Russell Lester explains the mistakes companies are making right now and gives tips to turn up the dial.
4 min read
Procurement Fundamentals
Guides & How-Tos
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4 Steps to Getting Ahead in Today’s Complex Software Buying Cycles
Move from reactive buying to proactive purchasing by following four steps that successful procurement teams use themselves.
4 min read
Product Updates
Partnerships & Integrations

Unifying Your Spend Ecosystem: Connect Your Tools with Tropic's New API & Webhooks
Tropic's new API and webhooks breaks down data siloes and helps finance and procurement teams maintain a single source of truth for spend data.
2 min read
Spend Management
Data & Insights
.avif)
2025 Software Buying Trends for Effective Spend Management
We analyzed $11 billion dollars worth of software spend to understand the SaaS benchmarks and buying trends for effective spend management in 2025.
3 min read
Company Updates
Procurement Fundamentals

Tropic: Looking Back at 2024
Recapping a year innovating how teams manage and reduce spend. Check out how buyers drove business impact with Tropic back in 2024.
3 min read
AI in Procurement
Finance Leadership
Expert Perspectives

The Reinvention of Finance and Procurement: How AI and Deep Strategy will Define 2025
We've consolidated the top industry trends and executive predictions that finance and procurement teams need to know for 2025.
5 min read
AI in Procurement
Product Updates

What If Managing Spend Was as Simple as Asking a Question? Meet Ask Tropic
Learn how Ask Tropic allows users to interact with all their spend data and query insights, information, and actions throughout the procurement process.
4 min read
Spend Management
Guides & How-Tos

The Ultimate Guide to Spend Visibility: 7 Steps to Smarter Spending
Understand and optimize where every dollar is going by learning how to improve and maximize your spend visibility.
4 min read
AI in Procurement
Product Updates

Tropic AI: Your New Partner for Smarter Spend Management
Learn how Tropic AI eliminates manual workloads and spotlights actionable insights throughout your procurement process, turning spend data into a strategic asset.
3 min read
Spend Management
Guides & How-Tos

5 Spend Control Best Practices to Help You Scale Without Overspending
Explore five tips to gain effective (and proactive) control over tracking and managing business spend.
4 min read
AI in Procurement
Spend Management
Expert Perspectives

Adapt or Fall Behind: How AI is Redefining Finance and Procurement
Explore how AI is transforming finance and procurement, helping leaders tackle complex challenges with intelligent spend management, automation, and predictive insights.
3 min read
Spend Management
Guides & How-Tos

What Is Spend Management?
This complete guide to spend management teaches you how to track, control, analyze, and optimize expenses.
4 min read
Procurement Fundamentals
Guides & How-Tos
.avif)
From Fire Drills to Foresight: 5 Steps for Early Procurement Involvement
Learn best practices to engage procurement early into your purchasing processes, which will save costs, improve supplier relationships, and streamline project timelines.
4 min read
Spend Management
Finance Leadership
Data & Insights

Report: Why Spend Management is the Growth Tool Your Business Can’t Afford to Ignore in 2025
Discover the data and insights as to why spend management could be the missing piece in your growth strategy—and how to advocate for the resources you need to make it successful.
3 min read
Spend Management
Guides & How-Tos

Guide to Spend Analytics: Best Practices, Implementation, and KPIs
Understand how to implement and leverage spend analytics across your organization's spending, along with KPIs to look out for.
4 min read
Spend Management
Guides & How-Tos
.avif)
How to Improve Your Spend Management Strategy [4 Best Practices]
Understand how you can strengthen your spend management strategy and increase procurement efficiency in four important steps.
4 min read
Purchasing Workflows
Partnerships & Integrations
Product Updates

Tropic Takes Intelligent Spend Management to New Heights and is Now ‘Built for NetSuite’
Tropic's collaboration with Oracle NetSuite’s SuiteCloud Platform means companies can gain enhanced control over spend management, real-time variance analysis, and supplier intelligence.
2 min read
Procurement Fundamentals
Guides & How-Tos

Digital Procurement: Your Gateway to Efficient Sourcing and Supplier Management
Learn how digital procurement is your key to breaking free from manual procurement processes and disorganized spend data.
4 min read
AI in Procurement
Finance Leadership
Expert Perspectives

7 Generative AI Use Cases that Maximize Spend Management Efficiency
VP of Product & Data Srinivas Somayajula details how Tropic is leveraging generative AI to increase efficiency for the office of the CFO.
3 min read
Spend Management
Expert Perspectives

How Intelligent Spend Management Enables Efficiency
COO Justin Etkin explains Intelligent Spend Management, and how companies gain maximum leverage to enable greater savings and efficiency with this approach.
3 min read
Company Updates
Spend Management

Tropic’s Journey to Intelligent Spend Management
CEO David Campbell recaps Tropic's evolution from Procurement-as-a-Service to the Intelligent Spend Management SaaS solution it is today.
2 min read
Vendor & Supplier Management
Product Updates
.avif)
Tropic Supplier Intelligence: Maximize the ROI of Every Purchase
Learn how Tropic Supplier Intelligence unlocks maximum ROI from SaaS purchases through our self-serve commercial intelligence solution.
3 min read
Procurement Fundamentals
Guides & How-Tos

5 Best Practices to Streamline Your Procurement Process
Learn five ways that reduce your time spent on manual, administrative tasks related to the procurement process.
4 min read
Procurement Fundamentals
Data & Insights

5 Software Buying Trends and Tips in 2024
Explore five major trends that impact software buying in precarious market conditions, along with tips from expert Michael Shields to navigate effectively.
4 min read
Company Updates
Finance Leadership

Tropic Expands Executive Leadership with Russell Lester Joining as CFO
Tropic's CEO David Campbell explains why CFO Russell Lester is the right financial leader for Tropic's vision and next stage of growth.
2 min read
Contracts & Renewals
Guides & How-Tos
.avif)
Step off the Subscription Hamster Wheel with a Renewal Calendar
Learn how a renewal calendar is your key to proactive procurement, helping you stay ahead of renewals and control your spend more effectively.
4 min read
SaaS & IT Management
Data & Insights

3 Operations Tech Stack Trends in 2024
Procurement expert Tyler Jackson explores trends and actionable insights to optimize your Operations tech stack in 2024.
4 min read
Spend Management
Finance Leadership
Guides & How-Tos

Goodbye Data Silos: How to Boost Finance Efficiency and Decision-making with Unified Reporting
Leading organizations are shattering data silos with unified reporting, enhancing spend visibility and ensuring financial integrity.
4 min read
SaaS & IT Management
Data & Insights

3 Security Tech Stack Trends in 2024
Procurement expert Ashley Blackwell explores trends and actionable insights to optimize your Security tech stack in 2024.
4 min read
SaaS & IT Management
Data & Insights

3 IT Infrastructure Tech Stack Trends in 2024
Procurement expert Derek DeGroot explores current trends and actionable insights to optimize your IT Infrastructure software.
4 min read
SaaS Negotiation
Contracts & Renewals
Guides & How-Tos

The Dos and Don'ts of Negotiating SaaS Contracts
Maximize your leverage and make SaaS negotiations easier to navigate with these simple, actionable do's and don'ts.
4 min read
Purchasing Workflows
Events & Webinars

Tropic Promotes Intake Orchestration and Process Adoption at Coupa Inspire
Get the recap of a major milestone in Tropic’s strategic partnership with Coupa: Sponsoring their customer conference, Coupa Inspire.
2 min read
SaaS & IT Management
Finance Leadership
Data & Insights

Consolidating Your Finance Tech Stack in 2024
Procurement expert Dan Pescovitz explores the challenges to consolidating your finance software (and offers actionable tips to overcome them).
4 min read
Company Updates
Partnerships & Integrations

Caliper and Tropic Announce Strategic Partnership to Transform Spend Optimization
Tropic announces our partnership with cloud spend optimization leader Caliper, delivering comprehensive cloud pricing data, insights, and tools that allow organizations to manage their SaaS spend more efficiently.
2 min read
SaaS Negotiation
Events & Webinars
.avif)
ICYMI: Insights from our Webinar ‘SaaS Buying: 3 Strategies for Winning, Data-driven Negotiations’
Learn how to negotiate smarter and drive successful SaaS deals from three procurement leaders in Kate Seagriff, Mandy McGovern, and Michael Shields.
4 min read
SaaS Negotiation
Pricing Updates
Buyer's Guides

Buyer Guide: 4 Questions to Ask When Evaluating Third-Party Pricing Data
Not all third-party pricing data is created equal. Ask these four questions to evaluate a potential third-party buyer and ensure you’re receiving unbiased SaaS spend data and recommendations.
5 min read
Procurement Fundamentals
Finance Leadership
Expert Perspectives

Is a Fractional CXO the Right Move for Your Growing Business?
Explore the considerations and benefits of hiring a Fractional CXO across various functions such as finance, operations, IT, and procurement.
5 min read
Expert Perspectives
Procurement Fundamentals

Top 10 Procurement Leaders to Follow
Discover 10 Procurement Leaders you should follow on LinkedIn to learn about procurement, sourcing, negotiation, and more.
5 min read
Company Updates
Procurement Fundamentals
.avif)
Tropic Bolsters Executive Leadership with Liesl Geier Joining as CMO
Tropic's CEO David Campbell explains why CMO Liesl Geier is the right marketing leader to steer us into the future of Procurement Paradise.
2 min read
Expert Perspectives
Finance Leadership

Top 10 Finance Leaders to Follow in 2024
Discover 10 Finance Leaders you should follow on LinkedIn to learn about corporate finance, business, and everything in between.
5 min read
Spend Management
Finance Leadership
Expert Perspectives
.avif)
Optimizing your Private Equity Portfolio for Exit Readiness in 2024
We curated expert insights to uncover private capital expectations for 2024. Learn how they are optimizing their portfolios for lucrative exits, plus where Tropic can help.
6 min read
Purchasing Workflows
Partnerships & Integrations
Product Updates

Tropic + Coupa: Your Seamless, End-to-End Intake-to-Pay Solution
Tropic Intake Orchestration is now available in the Coupa App Marketplace, providing teams one place to run their intake-to-pay process.
2 min read
Expert Perspectives
Finance Leadership

5 SaaS Metrics Finance Leaders are Obsessing Over in 2025
Five SaaS finance leaders explain which metric they're obsessing over (or thinking differently about).
6 min read
SaaS & IT Management
Data & Insights

2023 SaaS Industry Trends and Benchmarks
Understand the top three SaaS industry trends and benchmarks to make strategic purchasing decisions in 2024.
2 min read
Company Updates
Procurement Fundamentals

Watching the Tropics: A Look Back at 2023
Take a dive into team Tropic's 2023 highlight reel, which included our growth into a true SaaS business, recognition as a rising company by LinkedIn, and so much more.
4 min read
Procurement Fundamentals
Expert Perspectives
.avif)
3 Ways Procurement Adds Value to Any Organization
Procurement isn’t a burden, it’s a powerful lever and strategic advantage for a business. Learn 3 ways procurement adds value to any organization, beyond cost savings.
4 min read
SaaS Negotiation
Pricing Updates
Product Updates

Tropic Price Checks: Conquer Your Next SaaS Negotiation With Precise Pricing Benchmarks
Supercharge your negotiations and know if you're getting a fair price with instant access to price benchmarks for hundreds of popular SaaS suppliers.
5 min read
SaaS Negotiation
Guides & How-Tos

Avoid These 4 Mistakes in Your Next SaaS Negotiation
Learn from expert negotiators and avoid the common mistakes companies tend to make during SaaS negotiations.
5 min read
Purchasing Workflows
Partnerships & Integrations
Product Updates

Unlock Frictionless Procurement with Workflow Studio Integrations
Discover how Tropic’s integrations give finance teams full control over the procurement process.
3 min read
SaaS & IT Management
Events & Webinars

ICYMI: Insights from our Webinar ‘Taking Control of Your Software Portfolio’
Learn how to control your software costs in 2023 from three procurement leaders in Brad Veech, David Campbell, and Michael Shields.
4 min read
SaaS Negotiation
Guides & How-Tos

5 Questions to Ask in Any SaaS Negotiation
Learn from expert negotiators and ask suppliers these 5 questions during your next SaaS contract negotiation.
4 min read
Purchasing Workflows
Product Updates

Introducing Workflow Studio: Put Spend Control & Compliance on Autopilot
Reduce inefficient spend and improve policy adoption when you build your ideal purchasing process in Workflow Studio.
6 min read
Procurement Fundamentals
Strategic Sourcing
Guides & How-Tos

What's the Difference Between Procurement and Sourcing?
Learn how both processes come together to help you make more informed decisions when buying SaaS.
4 min read
Spend Management
Data & Insights

SaaS Buying Insights: Navigating the Push & Pull of Rising Costs with Shrinking Budgets
Dig deeper into Tropic data to understand the SaaS buying trends that occurred during the first half of 2023, and how to plan ahead for 2024.
6 min read
SaaS Negotiation
Guides & How-Tos

Negotiate a Better SaaS Contract with These 2 Ingredients
Discover how two key ingredients can lead to more favorable SaaS negotiations (and more money saved).
4 min read
Procurement Fundamentals
Guides & How-Tos

What is a Procurement Process? (Including All the Steps & Stages)
Buying software isn’t as simple as you’d think. Here's why a great procurement process helps you make better decisions for your business.
5 min read
SaaS Negotiation
Guides & How-Tos

How to Negotiate Seat-Based Contracts
Explore 6 tips from procurement expert Zach Wolf on how to navigate per-user agreements.
5 min read
Company Updates
Vendor & Supplier Management

Everything You Should Know about Security, SOC 2, and Responsible Purchasing
Learn more about the relationship between security and responsible purchasing and what our SOC 2 audit and report means for your business.
2 min read
SaaS & IT Management
Spend Management
Product Updates

Rein In Rogue Purchases With Shadow Spend Detection
Shadow Spend costs businesses billions. Tropic's latest feature is here to stop the leaks before they sink your bottom line.
2 min read
SaaS Negotiation
Guides & How-Tos

Negotiation 101: 5 Tips from Procurement Experts on Increasing Your Leverage
Explore 5 tips to increase your negotiation leverage from two procurement experts Michael Shields and Brad Veech.
4 min read
Contracts & Renewals
SaaS & IT Management
Guides & How-Tos

What is a SaaS Agreement?
Understand the risks to look out for and learn how to navigate and negotiate the right SaaS agreements with five best practices.
5 min read
Product Updates
Procurement Fundamentals

Why it’s the right time to roll out the new Tropic
In the current economy, bottom-line efficiency beats top-line growth. That’s why Tropic is rolling out a new suite of products to help businesses spend responsibly.
6 min read
Procurement Fundamentals
Expert Perspectives

A House Divided? How Tropic Complements (but Doesn't Compete With) In-house Procurement Teams
Hear three tips from an expert about how procurement software supercharges an in-house procurement team.
6 min read
Company Updates
Procurement Fundamentals

Industry Veteran Michael Shields Joins To Shape Tropic's Vision Of Procurement Paradise
The former Qualtrics procurement head and MX VP explains why procurement is vital for tech companies’ survival.
6 min read
SaaS & IT Management
Guides & How-Tos

What is SaaS Ops? The Definitive Guide for 2023
Learn all about SaaS ops - the art and science of purchasing, managing, and renewing (or canceling) SaaS subscriptions.
7 min read
Spend Management
Product Updates

Beyond SaaS: Now You Can Control Every Spend Category With Tropic
Now you can control both software purchases and non-software purchases -- like hardware, advertising, contractors, and more -- in Tropic.
4 min read
SaaS & IT Management
Guides & How-Tos

SaaS Management: How to Control the Slippery Slope of SaaS Costs
In the age of SaaS sprawl, learn three practical tips for trimming, managing, and setting long-term goals for SaaS purchases.
6 min read
Company Updates
Procurement Fundamentals

Tropic Looks Back at 2022
Read about the year that was for Team Tropic, which expanded its leadership team and released a slew of new products.
2 min read
SaaS Negotiation
Product Updates

Introducing Tropic Discover: Market intelligence to empower software buyers
Read about how Tropic's Discover feature helps companies battle rising software costs using data gathered from thousands of deals.
4 min read
SaaS & IT Management
Expert Perspectives

Truebill For SaaS: How Businesses Are Taking Control Of Their Software Subscriptions
Read CEO and Co-founder David Campbell's essay in Forbes about how businesses can cut costs by cutting down on subscriptions.
5 min read
Purchasing Workflows
Product Updates

Tropic Introduces Buy Now Pay Later (BNPL) For SaaS
Read more about Tropic's partnership with Tranch, a B2B Buy Now Pay Later company that lets companies break up software payments over time.
2 min read
Company Updates
SaaS Negotiation

Tropic Launches Supplier Code of Ethics
Not all third-party SaaS buyers are created equal.
2 min read
Procurement Fundamentals
Expert Perspectives

The Cautionary Tale Of The Third-Party SaaS Buyer
Read Tropic CEO David Campbell's take in Forbes on how fast-growing companies can save themselves from overspending on software.
6 min read
Procurement Fundamentals
Finance Leadership
Expert Perspectives

Why You Can't Afford DIY Procurement In A Downturn
In this essay for Forbes, Tropic CEO and Co-founder David Campbell explains why companies are scrambling to cut costs amid an uncertain economic backdrop.
4 min read
Procurement Fundamentals
Expert Perspectives

You're Probably Overpaying For Software: Why That's Not The Worst Part
Read CEO David Campbell's essay in Forbes about why the traditional procurement function wasn’t built for a world run on software.
3 min read
Company Updates
Procurement Fundamentals

Tropic raises a $40M Series B led by Insight Partners
Tropic raises a Series B funding round to continue transforming the procurement industry for a world that runs on software.
2 min read
Company Updates
Procurement Fundamentals

A Note from Our CEO on Series A Announcement
CEO David Campbell talks about Tropic's latest round of funding.
3 min read
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