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Tropic and Vendr both offer procurement platforms with approval workflows, simplified intake, contract management, and software supplier intelligence.
The short answer: Tropic is focused on making technology a buyer’s market and doesn’t take kickbacks from suppliers.
Both Tropic and Vendr provide platforms that help organizations control spend through simplified intake, automated workflows and approvals, and renewal management solutions.
Tropic gives you data you can trust by following a strict supplier code of ethics – we don’t take referral kickbacks from suppliers. Tropic is best suited for organizations looking to control spend using our Intake to Procure solution and reduce spend using our Supplier Intelligence solution.
Tropic’s Intelligent Spend Management platform helps lean Finance and Procurement teams reduce time spent on administrative tasks and save money.
It’s important to keep in mind that nothing in life is truly free. When it comes to selecting a partner who will uphold your best interests, it’s worth doing research on what you're exchanging for access to a free solution.
Only Tropic offers unbiased, self-serve price benchmarks that give you a true comparison of your price compared to your peer set. We don’t have deals with software suppliers, so we’re not incentivized to push you to buy from certain companies, and our negotiation playbooks are written by Tropic experts (not the supplier).
“When we need [software] recommendations, you don't want [your provider] to be financially incentivized to push some other company on us, you know?” - Tropic customer
All of Tropic’s R&D goes towards improving our product – not towards building a marketplace. We’re constantly building new functionality that will meet a finance and procurement team at whatever stage of maturity they’re at and scale with them, while continuously controlling and reducing spend along the way.
Tropic has invested in building robust ERP/accounting integrations to give finance leaders visibility into their spend, helping them become strategic advisors to their business.
Tropic’s ERP integrations ensure all transactions are properly and accurately tracked, supporting variance analysis between contracted and actual spend, spend monitoring, budgeting and forecasting.
In just 4 weeks, Tropic’s team can transform your procurement process with reliable software, data, and services before your next negotiation. We take a consultative, hands-on approach, sharing best practices and insights to help you design the procurement process that is best suited for your organization.
Tropic will supercharge your teams’ effectiveness with custom pricing benchmarks, negotiation plans, and 1:1 coaching from our expert negotiators. We’re your partner when it comes to getting better outcomes, not just price. We’ll take care of all the back-and-forth communications, document collection, and negotiating, while you get time back to focus on your next big project.
[Tropic] knew the solution. They had a good handle on what the market is and they didn't just care about the bottom line.” - Tropic Customer
Dillion Jacobson
Cameron Davis
Director of Procurement
J.B. Snodgrass, CPA
VP, Financial and Sales Operations, Procurement
Nick Zaharchuk
AVP of Finance
Ryan Roccon
VP of Finance
Coulter King
Chief Operating Officer
Brandon Bailey
VP Strategic Financial and People Operations
Ariel Nahmias
VP of Finance
Xavier Del Rosario
VP of Finance & BizOps
User in Hospital & Health Care
User in Think Tanks
User in Computer & Network Security
Chris Mullins
User in Computer Software
User in Computer Software
User in Information Technology and Services
Sam Good
User in Computer Software
Matt Weiler
CFO
Jeremy Klein
Senior Director, Finance Operations & Transformation
Steve McMullen
General Manager
Heather Scheel
Senior Systems Program Manager
Jeremy Klein
Senior Director of Finance Operations
Discover why hundreds of companies choose Tropic to gain visibility and control of their spend.