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Tropic

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Company health

Employee growth
10% decrease in the last year
Web traffic
25% decrease in the last quarter
Financing
November 2021 - $67M

Ratings

G2
4.6/5
(93)
Glassdoor
3.7/5
(116)

Tropic description

Tropic is a software platform designed to help mid-sized companies in the USA manage their software spending. It provides a central location to track all software subscriptions, monitor contract renewals, and get insights into pricing benchmarks. Tropic aims to simplify the process of buying and managing software, allowing companies to identify potential savings and negotiate better deals. It combines automation with expert advice to optimize software procurement.


Who is Tropic best for

Tropic helps mid-sized US tech companies manage software spending. It provides a central platform to track subscriptions, monitor renewals, and benchmark pricing. Users praise Tropic's excellent customer support and cost savings. However, some find the platform difficult to navigate and expensive. Tropic combines automation and expert advice to optimize software procurement, helping businesses save time and money.

  • Best for medium-sized businesses (50-1000 employees).

  • Ideal for US-based technology companies.


Tropic features

Type in the name of the feature or in your own words tell us what you need
Supported

Tropic supports storing, managing supplier contracts, and tracking key dates and milestones.

Supported

Tropic streamlines SaaS procurement with automated requests, approvals, and purchasing.

Supported

Tropic offers SaaS renewal management with automated reminders and centralized contract visibility.

Supported

Tropic helps optimize SaaS spending by identifying unnecessary costs, leveraging discounts, and rightsizing licenses.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly positive
+0.85

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+0.7

Reliability and Performance

Neutral
+0.14

Ease of Implementation

Strongly positive
+0.71

Tropic reviews

We've summarised 69 Tropic reviews (Tropic G2 reviews) and summarised the main points below.

Pros of Tropic
  • Excellent customer support, highly responsive and helpful.
  • Effective contract management with renewal reminders.
  • Significant cost savings through vendor negotiations.
  • Centralized platform for software spend tracking and vendor management.
  • Time savings by handling vendor communication and negotiations.
Cons of Tropic
  • Difficult navigation and overwhelming information on the platform.
  • Implementation challenges due to platform transitions and manual reporting.
  • Confusing workflows slow down processes.
  • Limited customization for workflows; user-defined fields are lacking.
  • High cost, especially for smaller businesses, despite potential savings.

Tropic pricing

The commentary is based on 36 reviews from Tropic G2 reviews.

Tropic's pricing, while sometimes perceived as high, ultimately delivers significant cost savings on software purchases and renewals. Many reviewers highlight a positive ROI, emphasizing the value of Tropic's negotiation expertise and time savings despite the cost of the service.

Users sentiment

Strongly positive
+0.85

See the Tropic pricing page.


Tropic alternatives

  • Logo of ReleaseNote.AI
    ReleaseNote.AI
    Better for larger enterprises and product management. Higher ratings, but declining faster. Focuses on AI-powered product development. No information on pricing or cost savings. A Tropic alternative and competitor.
    Read more
  • Logo of CloudEagle
    CloudEagle
    Better suited for larger companies. Has a user-friendly interface and offers real-time spending insights. Shows stronger momentum.
    Read more
  • Logo of Rippling
    Rippling
    Better for larger companies and international payroll. Broader focus than software procurement. Has more momentum.
    Read more
  • Logo of Productiv
    Productiv
    Better for larger companies in any industry. Has positive pricing sentiment and is growing faster. Users highlight excellent SaaS insights, seamless integrations, and user-friendly interface. Some report limited reporting and app catalog features. A strong Productiv alternative or competitor.
    Read more
  • Logo of SpendHound
    SpendHound
    Free and better rated, but has fewer features and is less established. Focuses on software renewals. A Tropic competitor and alternative.
    Read more
  • Logo of Zluri
    Zluri
    Better for IT teams seeking to manage SaaS usage and security. Has stronger momentum and more positive user reviews. More automation features for onboarding/offboarding. A Tropic alternative and competitor.
    Read more

Tropic FAQ

  • What is Tropic and what does Tropic do?

    Tropic helps mid-sized US companies manage software spending. It provides a central platform to track subscriptions, monitor renewals, and gain insights into pricing benchmarks, leading to cost savings through vendor negotiations and streamlined procurement. It combines automation and expert advice for better software purchasing decisions.

  • How does Tropic integrate with other tools?

    Tropic integrates with existing procurement workflows to streamline software purchasing. It centralizes contract management and offers renewal reminders. While specific integrations aren't detailed, its focus on SaaS spend optimization suggests compatibility with common procurement tools.

  • What the main competitors of Tropic?

    Alternatives to Tropic include CloudEagle, Productiv, Zluri, Zylo, and Talisman. These platforms offer similar SaaS management features, catering to mid-size and large businesses seeking to optimize software spending and streamline procurement processes. Rippling also offers related functionalities but focuses on broader employee management.

  • Is Tropic legit?

    Yes, Tropic is a legitimate platform helping mid-sized companies manage software spending. User reviews highlight excellent customer support and cost savings through vendor negotiations. However, some users find the platform difficult to navigate and expensive.

  • How much does Tropic cost?

    I cannot find pricing details for Tropic. Contact Tropic directly for product pricing information to determine if it's worth the investment for your needs.

  • Is Tropic customer service good?

    Tropic's customer service receives overwhelmingly positive feedback. Users consistently praise the support team's responsiveness, helpfulness, and proactive approach. They appreciate the personalized support and guidance provided throughout the onboarding process and ongoing management of software procurement.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.