Releases & Updates

Tropic Takes Intelligent Spend Management to New Heights and is Now ‘Built for NetSuite’

Kristy McCown
September 10, 2024
2 min read

We are thrilled to announce Tropic’s latest achievement—Tropic is now ‘Built for NetSuite’! This collaboration with Oracle NetSuite’s SuiteCloud Platform marks a pivotal moment for Tropic customers, offering enhanced control over spend management, real-time variance analysis, and supplier intelligence by simply connecting their NetSuite ERP to Tropic’s Intelligent Spend Management platform.

“Organizations today face significant challenges in managing spend and efficiencies across departments. Tropic’s SuiteApp for NetSuite adds an essential layer of intelligence to ERP systems, transforming how teams approach budgeting and forecasting,” said David Campbell, CEO of Tropic. “By enabling detailed variance analysis and providing Tropic’s unbiased supplier insights, we’re helping organizations not just track their spend, but optimize it, while saving time —ultimately making it easier to adhere to budgets and make informed decisions that drive business growth.”

Through Tropic’s SuiteApp, users can now monitor and optimize their spend with unprecedented accuracy, leveraging our unbiased supplier insights and powerful data-driven tools to reduce costs and improve efficiency. This partnership empowers cross-functional teams to collaborate seamlessly and make smarter, faster decisions, from procurement to finance.

At Tropic, we understand that managing budgets and spend effectively is essential to driving business growth. That’s why we’ve built this solution to enable organizations to not only track transactions but also ensure their spending aligns with contracts and forecasts, ultimately reducing overages and inefficiencies. This results in clear, actionable insights that can inform negotiations, manage risks, and support financial goals.

Additionally, the new integration means faster, more accurate spend analytics—allowing teams to save valuable time that can be reinvested into strategic initiatives. By adding this intelligence layer to their ERP, our customers can feel confident that they are making well-informed decisions that support long-term success.

Together with NetSuite, we are proud to deliver tools that allow our customers to gain greater visibility and control over their spending, reduce risk, and drive efficiency across all levels of their organization.

To learn more about how Tropic’s new SuiteApp can transform your spend management, visit suiteapp.com/Tropic or reach out to your Tropic account manager. We are excited to see how this new innovation will help you take control of your spend and grow your business.

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Kristy McCown
Kristy McCown is the Director of Product Marketing & Partnerships
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