Tropic vs. Vertice

Tropic

4 Reviews and Ratings

Vertice

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Tropic	Score9.4 out of 10	N/A	Tropic 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
Vertice	N/A	N/A	Vertice is a tech-enabled SaaS purchasing platform that provides guaranteed savings to customers. It offers business leaders an overview of the tools they currently have in their stack, what the terms are, and when they are up for renewal. The platform also assists in usage and analytics, helping leaders see where they may be overprovisioned or where there may be duplicate tools. The platform leverages a database that covers over 16,000 different SaaS tools and supports the services side of the…	$30,000 per year

Pricing

Tropic

Vertice

No answers on this topic

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Pricing Offerings
Tropic	Vertice
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

No setup fee

No setup fee

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Pricing is based on yearly SaaS spend.

User Ratings
	Tropic	Vertice
Likelihood to Recommend	9.5 (2 ratings)	- (0 ratings)

User Testimonials
	Tropic	Vertice
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 Verified User Read full review	Vertice No answers on this topic
Pros	Tropic Contract negotiation Contract visibility Benchmarking Current contract usage Incentivized Verified User Read full review	Vertice 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 Verified User Read full review	Vertice No answers on this topic
Alternatives Considered	Tropic We reviewed other provides for automated bill entry, but not for contract negotiation. Incentivized Verified User Read full review	Vertice 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 Verified User Read full review	Vertice No answers on this topic
ScreenShots		Vertice Screenshots