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Tropic vs. Vendr

Tropic and Vendr both offer procurement platforms with approval workflows, simplified intake, contract management, and software supplier intelligence.

Why do customers choose Tropic over Vendr?

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.

Unbiased data and negotiation playbooks

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

Innovative, comprehensive, and enterprise-ready platform

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.

Integrity and easy maintenance of spend data

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.

Consultative, white-glove implementation

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.

Negotiation services focus on the best outcomes for your business, not just the bottom line

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
Tropic
Vendr
Control & Visibility
Intake
Workflows & Approvals
Contract Management
Renewal Management
Slack Integration
Multi-Currency Support
AI-generated Request Summary
ERP Integration
HRIS Integration
Spend Reporting
Workflow Analytics
Contract vs Actuals Analysis
Utilization tracking
Netsuite Purchase Orders
Coupa Integration
Leverage
Unbiased Price Benchmarks
Unbiased Negotiation Strategies & Tactics
Unbiased Negotiation Confidence Indicators

Our Customers

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Tropic clearly shows where a deal is in the workflow and is the source of truth our vendor contracts. Easy to use and implement.

Dillion Jacobson

Supplier Intelligence has been invaluable in helping us make informed and timely decisions on our software purchases. I regularly reference Tropic’s price benchmarks and negotiation playbooks to get an understanding of the competitive landscape and where our terms stack up.

Cameron Davis

Director of Procurement

As a Tropic user, and buyer of a lot of SaaS tools, no company come anywhere as close to Tropic on listening to the customer, really caring and following through with meaningful feedback and customer driven platform development.

J.B. Snodgrass, CPA

VP, Financial and Sales Operations, Procurement

To have one URL that we can publish internally and that takes care of any purchase requests saves us a tremendous amount of time.

Nick Zaharchuk

AVP of Finance

Tropic has been one of the highest ROI initiatives we’ve ever deployed on the finance team at Zapier, they are true partners to us, and it’s been amazing watching them release better and better technology to help Zapier save money.

Ryan Roccon

VP of Finance

I like that Tropic easily offers insights from their unbiased marketplace along with discounts I couldn't get anywhere else. Because they don't take any kickbacks or incentives, I'm confident that Tropic is working in our best interest to get us the best deal.

Coulter King

Chief Operating Officer

Without Tropic, procurement would’ve come to a screeching halt at RainFocus because of limited internal personnel. The platform is good, but the people are great. Tropic offers well-managed service, and I get responses in a timely manner.

Brandon Bailey

VP Strategic Financial and People Operations

Tropic helps keep track of all of our SaaS services. It visually keeps your team accountable to be on top of their contracts so that things don't just automatically renew.

Ariel Nahmias

VP of Finance

We manage 100% of our spend with Tropic and consistently been impressed by their ability to step in and be an extension of the Rightway team.

Xavier Del Rosario

VP of Finance & BizOps

Tropic is helping us negotiate new contracts and understand if we are getting a good deal or not. This helps us save time and money.

User in Hospital & Health Care

They can provide proactive insight into a market most internal employees don't have the time to understand. They act as partners, not as vendors.

User in Think Tanks

I really liked that once I submitted my Tropic ticket, I was able to get back to doing my job and didn't spend hours with legal and sales folks and bringing in additional managers... Tropic just handled everything for me while ensuring we got competitive and fair pricing.

User in Computer & Network Security

As an IT Manager, I have a small team and do not have the resources to dedicate time to negotiations for SaaS spend for each vendor. Tropic helps take that off my plate and prevents the need to onboard a procurment role specifically to reduce our annual spend.

Chris Mullins

We were unable to get a good summary of all our contracts, their renewal dates, costs, and comparisons to market rates. It's been a life saver as a growing company that is trying to accommodate expanded software tool usage, but don't have the resources to coordinate and control them all.

User in Computer Software

SaaS procurement and renewals can take up a ton of time for "owner" of each software tool. Tropic frees up time to work on more pressing needs. And they help reduce overall spend.

User in Computer Software

It's allowing us to see all of our SaaS spend management in one place for easier management. We can see the renewal dates and opt-out dates that allow us to keep better track of what needs to be done and when. Tropic is great for keeping everything streamlined and getting us deals.

User in Information Technology and Services

Tropic has enabled our company to get our current software spend under complete visibility and control and craft an invaluable workflow for acquiring new vendors and services. Super happy with the platform and team thus far.

Sam Good

I like that it easily helped us consolidate and manage our tech stack and spending. Previously the ownership and renewal management of our tech stack was complicated, and there were certain products we weren't even sure we were using. Tropic has helped us gain control of that process.

User in Computer Software

We've saved 20% on our software spend and countless hours of time. We don't have to worry about procurement at all anymore now that we use Tropic.

Matt Weiler

CFO

Great UX; knowledgeable team members; great response time and partnership, really feels like an extension of the team. [Tropic is] saving tons of time as well as physical dollars on contracts.

Jeremy Klein

Senior Director, Finance Operations & Transformation

I love hopping into the dashboard and seeing the dollar value of savings that we’ve achieved with Tropic. Tropic really is a no-brainer, it pays for itself multiple times over.

Steve McMullen

General Manager

Since introducing Tropic to our business, we have been able to work with their team to create a source of truth for all elements of our tool stack including spend, renewals, and overlap. This has saved us an exceptional amount of time and money.

Heather Scheel

Senior Systems Program Manager

Tropic’s Code of Ethics makes Tropic feel like a true extension of our finance and procurement team. We’re able to delegate to Tropic as if they’re an internal subject matter expert, ultimately leading to a more effective and efficient procurement process.

Jeremy Klein

Senior Director of Finance Operations

Drive savings and efficiency at any stage

Discover why hundreds of companies choose Tropic to gain visibility and control of their spend.