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Tropic Reviews & Product Details

Tropic Overview

What is Tropic?

Tropic is the leading Intelligent Spend Management solution that gives buyers maximum leverage to improve efficiency and savings at any stage. By combining simple, user-friendly spend management capabilities and unbiased software supplier intelligence in one platform, Tropic reduces procurement frustration and allows businesses to proactively manage, control, and reduce their spend. With $10B in spend under management, Tropic has reduced total spend by 17% across all customers, even saving teams 150K hours across their spend management and procurement processes.

Tropic Details
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Tropic Community
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Product Description

Tropic is the leading Intelligent Spend Management solution that gives buyers maximum leverage to improve efficiency and savings at any stage. By combining simple, user-friendly spend management capabilities and unbiased software supplier intelligence in one platform, Tropic reduces procurement frustration and allows businesses to proactively manage, control, and reduce their spend.

How do you position yourself against your competitors?

Tropic has data on all types of tools in your tech stack to help you better control and reduce your tail spend, including, but not limited to, enterprise applications. And importantly, our data is unbiased. We don’t have deals with software suppliers, so we’re not incentivized to push you to buy more from certain companies. With Tropic’s supplier intelligence, you’re accessing price benchmarks and supplier insights on contracts we’ve helped to negotiate, so we know the outcomes are possible - and we’re committed to helping you achieve them.


Seller Details
Seller
Tropic
Company Website
Year Founded
2019
HQ Location
New York, US
Twitter
@TropicApp
192 Twitter followers
LinkedIn® Page
www.linkedin.com
340 employees on LinkedIn®
Description

Tropic is a procurement management platform designed to streamline and optimize the purchasing process for businesses. By providing tools for sourcing, negotiation, and vendor management, Tropic helps organizations manage their spending more effectively and make data-driven decisions. The platform aims to enhance efficiency and reduce costs, allowing teams to focus on strategic initiatives. For more information, visit their website at https://tropicapp.io/.


Heather Q.
HQ
Overview Provided by:

Recent Tropic Reviews

Patrick F.
PF
Patrick F.Mid-Market (51-1000 emp.)
5.0 out of 5
"Unbelievable product!"
Tropic has completely transformed our approval flow! It's interface is intuitive and easy to use. If any issues do arrise, customer support is ver...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"Slow start but ramping"
Tropic is a single source of truth for all of our software contracts and has some very nice dashboards to allow you track renewal dates and other i...
Tanner J.
TJ
Tanner J.Mid-Market (51-1000 emp.)
5.0 out of 5
"Immediately impactful & versatile, great Customer Service"
On October 1st, my company started using Tropic. By November 15, with the help of the Tropic support team, we had designed an entirely customized a...
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Tropic Media

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92 Tropic Reviews

4.5 out of 5
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92 Tropic Reviews
4.5 out of 5
92 Tropic Reviews
4.5 out of 5

Tropic Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
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Tanner J.
TJ
Senior accountant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

On October 1st, my company started using Tropic. By November 15, with the help of the Tropic support team, we had designed an entirely customized and somewhat complicated workflow in time for 2025 Contract renewals. We had never used POs before and Tropic was the perfect fit.

Apart from the platform itself, which I find incredibly intuitive and versatile - and the fact it completely changed how we manage Contracts - my favorite thing about Tropic has honestly been the Customer Service. Probably the best support I've ever received, beginning from our introductory meeting, then onboarding and training support, to just day-to-day issues that come up. I feel confident that competent people are handling what I need in a professional but personable way.

They build trust. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

We use the platform slightly differently I think that some of their other customers, and a credit to the versatility of their platform to be able to accommodate a critical change we needed - at the same time, other areas are (currently) more cumbersome for us because of that - though I suspect may not require major changes, it's just waiting for that update one day. My examples would be reports, which I believe they are in the process of updating, and better filters.

We use ALOT of tasks and having better filters would honestly really help me manage a large volume of requests at once, which is what's happening now. Being able to filter by Approver (not just Department or Requestor) - things like that.

Our other issue is we are driven by Netsuite class (not Department) - and Tropic is completely organized around Department. I think if they continue to expand, they will be even more versatile. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

Contract management and purchase orders, renewals Review collected by and hosted on G2.com.

Response from Heather Quitos of Tropic

Tanner, thank you for your positive feedback! We strive to put our customers first and are glad to see that you're feeling the support of our team. I've shared your feedback with our team, particularly around how you're using NetSuite - and encourage you to continue sharing your feedback (as you have been). The more we can learn about your needs and use cases, the better we can improve our platform.

Thanks again!

KH
VP, Global Procurement
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Tropic?

The most helpful thing about Tropic is the support of the product & success teams. They take feedback very seriously, and it feels like they are building the platform around your needs (in a good way). It's a very intuitive platform that can adds value across in multiple areas across the Procurment spectrum (spend management, requisition/workflow, renewal planning, contract management), but doesn't force you to do everything at once. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

There's still room for improvement with the functionality & ease of use. There's always a way to do something in Tropic, but occassionally, it takes more steps or is more roundabout than it should be. The weakest area of the platform is contract management and it doesn't have a lot of the same functionality as more traditional CLM platforms. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

Tropic adds controls & visibility into vendor spend, and allows Procurement to be as much or as little involved as is approriate for each individual company. Review collected by and hosted on G2.com.

Ginette B.
GB
Senior Accountant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

The product has been very helpful in improving our procurement process and allowing us to track our spend. Also, Support, during implementation and after go-live, has been amazing! They have been very helpful on improving our use of the product and answering all of our questions. Shoutout Kelly Lytle for being a rockstar!! Review collected by and hosted on G2.com.

What do you dislike about Tropic?

There are some aspects of the product that are still a work in progress. Currently, there are some items that require manual work arounds or there are items that cannot be edited (e.g. questions in the request form). Also, it is not possible to approve requests in Slack or email, which can lead to confusion on the approvers end. However, they are contanstly improving the product and accepting our feedback with grace! Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

It is helping us keep track of our spend. It also increases visibility for IT/Security and Finance on what is being purchased through the organization. Review collected by and hosted on G2.com.

Response from Heather Quitos of Tropic

Hi Ginette, thanks for your feedback! It's great to hear that you're seeing improvements to your procurement process by tracking your spend in Tropic. Great news - we recently released functionality to approve requests by Slack! We'll have Kelly follow up to show you the ins and outs.

Thanks again and continue to share your feedback with our team so we can continue to improve Tropic for you.

Nicole R.
NR
AP Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

I really like how Tropic has people who are very help. Josh Small has helped us a lot with getting set up into Tropic which has been a big help. I also like how everything in in one place for Tropic. It provides excel sheets to help pull data quickly out of Tropic and makes processing data a lot faster. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

One thing I dislike abount Tropic is that I wish we were able to pull data out of Tropic that we can easily export into our accounting software so we can process the subscription invoices faster. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

Tropic is solving the problem that we have with our team just purchasing new Subscriptions while we may already have a subscription similar to the newly bought product. Review collected by and hosted on G2.com.

Verified User in Internet
AI
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

It's a good platform as a SaaS CLM or whatever other types of contracts you might want to enter as well. A really cool feature of Tropic that I've found quite useful is the Supplier Intelligence feature, which in the most simplest terms, provides benchmark pricing and other interesting market data and negotiating levers which, depending on the application you are looking for, can be really powerful in assisting with your negotiations for acquisition or renewal terms. It's very easy to use and when you have an issue or notice something that is off or needs to be fixed, the support team is very fast to respond and address or fix whatever issue you have noticed. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

The level of data in the Supplier Intelligence tool is a work in progress. Obviously, data is basd on the number of current clients using any given tool, so until Tropic both builds its customer base and/or finds a way to get market data from third parties that aren't clients, this feature will always have its limitations. When we started with Tropic it supported integration with our SSO client, Azure AD, to be able to pull usage data on various platforms, but it stopped supporting that integration, so we lost that functionality. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

We use Tropic primarily to manage SaaS renewals, pretty much exclusively. Other than the Market Intelligence feature, we mostly got it because we liked that you have the ability to create workflows for different processes that you might use the platform for, so it gave us a much more formal, automated, and documented way to do all of our renewals. It's also proven to be a better contract management tool than what we were using previously. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
AM
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

Tropic is a fantastic tool for tracking a great number of services. The implementation team walks you through its capabilities, and the set up of it's robust conrols you may need, making integration as painless as possible. With visual workflows to track your approval matrix, and a lot of support. Then, when you are looking for new services to add, Tropic also suggests average prices, and helps you to compare similar services. Once you have your list of services used, you can also then report on these within the platform.

From having to overlook these services frequently, Tropic has made this much easier to manage as you are promted as things are coming up for renewal.

In summary, very easy with lots of great support. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

Any 'issues' we have encountered have been met with immediate support & training. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

-Spend Management, being able to track these in one platform, across departments is empowering.

-Procurement is helpful. Identifying similar products already used.

-Renewal timing. Never miss a renewal again! Ease of platform helps drive timing.

-Vendor management is imparative to a whole picture. Review collected by and hosted on G2.com.

Patrick F.
PF
Director of Finance
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

Tropic has completely transformed our approval flow! It's interface is intuitive and easy to use. If any issues do arrise, customer support is very helpful and knowledgable as well. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

I have no dislikes. Tropic has been a terrific product from day 1 Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

Our business needed an effictive way to manage our spend, organize our procurement flow, and maintain our contracts in one centralized location Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

Our company has used Tropic for far more than we ever expected, we have stress tested their systems with all the types of things we use the product for and the Tropic Team is always happy to help and take our feedback on new features. I initially sought to use Tropic as a Contract Repository for our Vendors, but quickly saw the value in all the workflows they have. Our team uses Tropic every single day by routing ALL purchase requests within our Org through Tropic. The ease of setting up customizable workflows has allowed us to tailor make forms/flows for everything we need to approve at our company. The team is pleasant to work with and they are constantly evolving the product to help serve their customers! Review collected by and hosted on G2.com.

What do you dislike about Tropic?

The only downside that I can think of is the inability to sync data in Tropic with our FP&A Software so there is manual work involved in making the two match. This can lead to discrepancies and/or confusion between sources but we are working to always keep the two up to date. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

Documentation of approvals with proper routing of said approvals. Prior systems that we had didn't even come close to the ease of use, flexibility, and ability to implement internal controls compared to Tropic. Review collected by and hosted on G2.com.

Verified User in Health, Wellness and Fitness
AH
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Tropic?

The Tropic Platform is at the top of the list. The company needed a contract repository instead of just using Google Drive or Microsoft OneDrive. It is very helpful to have key dates established and when there were upcoming renewals to get the negotiations started. The next best thing was the service as a whole. Our specific Account Manager was always available and readily able to provide answers whenever needed. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

The only dislike would be that it feels that we have to manage everything where it may be better if there were suggestions on which vendors to use vs other based on utilization, but I've already seen enhancements to counter this point. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

Topic is helping us with tracking our contracts as well as linking us with the people that have expertise with most of the vendors we have used in the past. It helps so that we don't have to constantly meet with all of our vendors and save time and money. Review collected by and hosted on G2.com.

Matthew C.
MC
Director, Corporate Accounting
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Tropic?

We engaged Tropic to help save contract owners time and drive down costs. They helped streamline our procurement through their user-friendly platform and expertise in negotiating with vendors. The Tropic team was always responsive and willing to help even when we were late in submitting a request and handled everything once the initial request was submitted. As we scaled, Tropic adjsuted their services as needed to either provide data to help internal stakeholders ensure they were getting the best deal possible when owning negotations. I'd recommend Tropic to any company that is not big enough to have a dedicated internal procurement function. Review collected by and hosted on G2.com.

What do you dislike about Tropic?

Tropic were generally great but I think we could have used a little bit more training on the platform as they rolled out new features. We started working with Tropic before the platform was rolld out and they added a bunch of functionality that we didn't do a good job leveraging because we didn't really know how to use it. Review collected by and hosted on G2.com.

What problems is Tropic solving and how is that benefiting you?

When we started with Tropic, our contracts were all over the place so we were missing renewals and trying to find the right contract owner within the org. Tropic helped us organize our contracts internally and then took care of reminding stakeholders when a contract was coming up for renewal, working with the stakeholder, and ultimately helping us find savings without having to spend a lot of time speaking with the vendor. Review collected by and hosted on G2.com.

Response from Heather Quitos of Tropic

Matthew - thanks for sharing your Tropic experience! We're so glad to be a procurement extension of your team and glad that you're seeing both time and cost savings. We're working on more ways to make customers aware of new platform capabilities as they come out so that you can take advantage of them.