Tropic + Mostly Metrics

Take Control of Your Spend with Intelligent Spend Management

Welcome Mostly Metrics listeners! We're Tropic - the intelligent spend management solution that doesn’t just show you where your spend problems are—we help you solve them. Take a look around.

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Why Tropic

Bring your procurement processes and spend data together in an interactive platform to forecast with confidence

Automate procurement workflows

Identify Shadow IT & rogue spend

Manage contracts & renewals

Generate pricing & negotiation insights

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Negotiation Playbook

Proven negotiation strategies and tactics to help you maximize savings with all of your biggest software suppliers.

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Price Benchmark

Calculate how much you could be saving on your software in seconds!

Free Price Check

Benefits

Tropic is your command center for every dollar spent on suppliers — from tracking and visibility, to control and smart negotiations to real savings.

Comprehensive spend visibility

Tropic AI gives you visibility into every dollar of spend across purchase requests, contracts, and your financial systems.

Process orchestration & automation

Tropic unifies your spend data and procurement workflows in one place – AI-powered to automate steps and save you time.

Intelligent purchasing

Tropic AI delivers customized, on-demand price benchmarks and negotiation strategies for hundreds of software suppliers. Limited bandwidth? Tap our team of experts to handle the back and forth.

Capabilities

Intake to Procure

Establish complete spend control with Tropic’s Intake to Procure solution that uses AI to automate and orchestrate every step in your buying process, freeing up valuable time while driving compliance.

Control spend across every category
Drive adoption with a process employees want to use
Create an efficiency flywheel

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Supplier Intelligence

Transform every purchase with AI-powered supplier intelligence based on tens of thousands of real transactions. Tropic Supplier Intelligence analyzes spending patterns, identifies cost-saving opportunities, and recommends optimal pricing in real-time.

Know what you should pay for software
Buy with confidence
Prioritize your time

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Reporting & Analytics

Pre-built reports & dashboards give you data at your fingertips to make strategic decisions about contracted spend, actual spend, and your procurement process.

Learn more from your data
Reduce administrative workloads
Optimize cycles and spend

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Services

Tropic’s team of SaaS specialists have negotiated tens of thousands of contracts across every category. Our services let you reap the benefits of their work, whether you’re looking for guidance and coaching or you want to outsource your SaaS contract negotiations to Tropic.

Lean on Tropic’s expertise
Gain back valuable time
Achieve optimal terms

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Integrations

Easily connect tools in your tech stack to Tropic to orchestrate workflows and gain efficiency without disrupting your stakeholders.

Boost the effectiveness of all your tools
Integrate with no-code connections
Orchestrate purchasing from a central hub

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Customer Success

~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

~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

Senior Finance Manager, Drata

~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

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

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

$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

$84K

saved in less than 8 months

45%

negotiated savings on single contract

6

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

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

100%

buy-in for easy-to-use platform

Multiple

departments using Tropic

“If the broader team doesn’t want to use it, then our process ultimately won’t succeed.”

Ben Wetzel

VP of Accounting

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

Senior Director of Financial Operations

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

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

$178K+

saved annually

300+

hours saved per year

100%

contract coverage

“Tropic really is a no-brainer, it pays for itself multiple times over.”

Steve McMullen

General Manager

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

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

Drive savings and efficiency at any stage

Discover why hundreds of companies choose Tropic to gain visibility and control of their spend.

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