TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Tropic

    Score9.4 out of 10
    N/ATropic is a procurement intelligence platform that automatically finds ways to reduce and control costs. By combining procurement workflows, supplier management, and benchmark pricing data together in one place, Tropic brings visibility, control, and leverage to company spend.N/A

    VendorSage

    N/AN/AVendorSage centralizes an organization's SaaS stack in one place to make buying, managing and adopting software simpler. The SaaS management and SaaS procurement platform and services help Finance and IT teams get better visibility and save on their SaaS spend. VendorSage continuously looks for ways to optimise the user's SaaS spend, whether its negotiating the best rates or identifying duplicate functionality in the company's stack. Beyond spend, VendorSage helps…

    $10

    per month

    Pricing
    TropicVendorSage
    Editions & Modules
    No answers on this topic
    Individual
    $10
    per month
    Team
    $150
    per month
    Enterprise
    Contact Sales
    Offerings
    Pricing Offerings
    TropicVendorSage
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    User Ratings
    TropicVendorSage
    Likelihood to Recommend
    9.5
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    TropicVendorSage
    Likelihood to Recommend
    Tropic
    Tropic is not ideal if you only have contracts below $5k. There isn't sufficient room to successfully negotiate those down. However, if you have sizable and or multi-year contracts, this is where they excel because they have a lot of real life data points to pull from. They are also tough negotiators. One of our reps owned an exhausting negotiation process with a data aggregator and saved us hundreds of thousands of dollars.
    Incentivized
    Read full review
    VendorSage
    No answers on this topic
    Pros
    Tropic
    • Contract negotiation
    • Contract visibility
    • Benchmarking
    • Current contract usage
    Incentivized
    Read full review
    VendorSage
    No answers on this topic
    Cons
    Tropic
    • Their platform could be improved a bit to do a better job of shadow IT tracking (licenses being used or expenses).
    • Lowering prices for folks who may only want their platform without negotiation services.
    Incentivized
    Read full review
    VendorSage
    No answers on this topic
    Alternatives Considered
    Tropic
    We reviewed other provides for automated bill entry, but not for contract negotiation.
    Incentivized
    Read full review
    VendorSage
    No answers on this topic
    Return on Investment
    Tropic
    • They returned savings for us that was greater than the cost of their service.
    • The company has better hygiene in terms of being on top of our contracts - from negotiating terms that finance cares about to ensuring we don't let a contract auto-renew.
    Incentivized
    Read full review
    VendorSage
    No answers on this topic
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