Tropic is a Buyer's Paradise

Get a demo of Tropic

See how Tropic’s AI-powered platform gives you the tools & insights you’ll need to simplify procurement, eliminate overspending and shadow IT, and capture greater savings from your software investments.
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Get a demo to see how you can:

Improve your pricing and terms with software suppliers with access to price benchmarks and proven negotiation tactics.

Create a source of truth to see all of your contracts in one place and never miss a renewal.

Identify and eliminate waste with shadow spend and shadow IT detection.

Tap into your organization’s full potential with Tropic

Data Unification

Current, accurate data in your system of record creates a strong foundation for your process and is the key to unlocking actionable insights.

Two dashboard-like charts of upcoming renewals and spend categories.

Workflow Automation

Once your data is in Tropic, establish spend control to automate and orchestrate every step in your buying process, freeing up valuable time while driving compliance.

Examples of price checks and cost analysis in Tropic

Spend Intelligence

Tropic's spend intelligence unlocks insights and actions on your spend when your data and processes are unified in one place.

Professional services example of a Tropic advisor commenting on a proposal.

Customer Success

49%
reduction in cycle time
5+ teams
using Tropic as source of truth

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$50K saved
on a single negotiation

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$378K+
in savings in 18 months
< 2 mo
purchase cycle time
~20 hours
saved per month

“It’s starting to help us foresee whether we are paying for things that we don't use, efficiency levels, and more. We’re starting to really drive it home and not focus just on saving as much money as we can.”

TJ Novella
Director of Strategic Finance
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~450
purchase requests per year
< 30
days average cycle time

“The cost savings are material – beyond my wildest dreams. … It’s been really impressive. Tropic’s a big reason for that.”

JB Snodgrass
VP, Procurement
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4 quarters
forecasted with full visibility
64% decrease
in average cycle time
96% decrease
in incomplete contract data

"It significantly decreases the risk profile for Tropic because the right approvers are approving the right things."

Michael Shields
VP of Procurement
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~300
annual purchase requests
<10 min
a day spent on admin tasks
99%
company spend managed in Tropic

“​​Every morning I log into Tropic and look at my active requests and I can clear out my queue within five to 10 minutes. It's seamless; I go in, I just look at my active requests and I know everything else behind the scenes is working.”

Tyler Toft
Director of Finance, Drata
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~1.8MM
savings
~$5M
annualized software spend

"We gain peace of mind knowing that Tropic has specific expertise to drive the right negotiation levers for our team."

Dan Hartz
Procurement and Logistics Manager
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50%
reduction in approval time
730+
purchase requests routed through Tropic

“Tropic is the starting point for our procurement process. Wherever workflow efficiency is a challenge, I would point someone to Tropic.”

Silver Wade
Senior Manager, Procurement
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2.77x
ROI
$244K
saved
$1M
annual software spend

"It felt like Tropic really had a good handle on the market, the spend, and the value — and what else we can do to make things better."

Daniel Brundige
VP of IT
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$84K
saved in less than 8 months
45%
negotiated savings on single contract
10
renewals on average per month

“This is something that took a lot of time and I wasn't doing it effectively. As long as I'm doing finance, I'll be using Tropic wherever I’m at.”

Gabriel Denny
Former Director of Finance and Business Analytics
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$380K+
saved in negotiations
200
hours saved per year
~3MM
annual software spend

Tropic puts controls in place to keep our requirements in mind and makes sure that we are passing the sniff test for our internal security team.

Xavier Del Rosario
VP of Finance and Business Operations
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22
days to implement
1.5x
ROI in less than 6 months
100%
buy-in from C-Suite

“With Tropic, we’re seeing there's a lot more opportunity than we realized. There's no way we would have that data, the leverage, to know exactly what everybody else is paying for contracts and what they're getting.”

Amber Papp
VP of Finance
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432
hours saved annually
36%
saved on a negotiation
100%
internal compliance

"The way I always describe Tropic to people that ask is that Tropic gives you your own procurement team."

Jeremy Klein
Former Senior Director of Financial Operations
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10%
reduced in overall spend
$20K
reduction in negotiated contract

"Within a few months working with Tropic, we’ve already been able to reduce our SaaS spend by 10 percent."

Nathan Ulery
Former Chief Operating Officer
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3x
ROI
$1MM+
total managed spend
90%
internal compliance to process

“I know what’s coming up-which negotiations are in process and where they stand. Having a centralized view is super valuable.”

Nick Zaharchuk
Former AVP of Finance
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25%
spend saved
500+
hours saved per year
90%
internal process compliance

“Tropic was not a purchase for us; it was an investment.”

Brandon Bailey
VP of Strategic Financial and People Operations
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125
hours saved per year
100%
stakeholder compliance
6X
ROI

"Tropic’s end-to-end approach to the procurement problem has given us a 180-degree turnaround of our internal procurement processes, saving us a ton of time and money."

Andrew Yim
Former Director of Strategic Finance, Intercom
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400+
hours saved
+38%
savings on largest contract
15%
average savings

"I don’t think our stakeholders realized how cumbersome and painful it was to research and buy all their own tools until we started using Tropic."

Ryan Roccon
VP of Finance
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Customer Testimonials