Compare

Tropic vs. Spendflo

Uncover the key differences in spend management and procurement. Learn who is the top choice for businesses today.

What is the difference between Tropic and Spendflo?

Tropic and Spendflo are both software solutions designed to help companies manage their SaaS (Software-as-a-Service) spending and vendor relationships, but they differ in their specific approaches and features. Here's a breakdown of the main differences between the two, and why someone might choose Tropic over Spendflo:

The short answer: Tropic’s intelligent spend management platform extends beyond SaaS, becoming your source of truth for all spend and contracts. Use Tropic to manage all categories of spend, including intake of any purchase request, tracking contract renewals, and identifying shadow spend. Over 500 companies choose Tropic to help them manage their spend.

Tropic’s ERP integrations offer a comprehensive view of spend, making it easy to monitor, budget, and forecast. Contract management in Tropic gives you a single view of your supplier spend and builds in renewal alerts so you never miss an auto-renewal.

Tropic saves you time and eliminates frustration through a combination of automation and hands-on expertise to handle vendor negotiations. If your team needs expert guidance on software contracts, tap into Tropic’s supplier intelligence to benchmark your price and build your negotiation strategy. If you’re not ready to invest in an in-house procurement team or if you’re looking to supplement your procurement team, outsource your software negotiations to Tropic. 

Broader Vendor Management Capabilities

Tropic offers more comprehensive vendor management capabilities beyond SaaS, becoming a one-stop solution for managing both SaaS and non-SaaS vendors. Leverage Tropic for intake of new requests, store and manage contracts, and set up renewal alerts across all spend categories.

Customizable Procurement Workflows

With customizable procurement workflows in Tropic, companies can build simple or complex purchasing processes to tailor the platform to their specific needs. This robust level of customization can support unique procurement requirements.

Contract Negotiation Support

Tropic gives companies leverage on contract negotiations and renewals, using a blend of procurement experts and AI-driven insights to help companies achieve better pricing and terms. This can be particularly useful for companies that prioritize optimizing vendor contracts.

Deep Data and Price Benchmarks

Tropic provides access to detailed market benchmarking data, which allows companies to make more informed decisions based on pricing trends and vendor performance in the market. Tropic’s data and insights creates a competitive edge for companies focused on data-driven decision-making in their procurement process.

Negotiation services focus on the best outcomes for your business, not just the bottom line

Tropic will supercharge your teams’ effectiveness with custom pricing benchmarks, negotiation plans, and 1:1 coaching from our expert negotiators. We’re your partner when it comes to getting better outcomes, not just price. We’ll take care of all the back-and-forth communications, document collection, and negotiating, while you get time back to focus on your next big project.

Tropic
Spendflo
Control & Visibility
Intake for all spend categories
Customizable Workflows and Approvals
Contract Management for all spend categories
Renewal Management for all spend categories
Slack Integration
Multi-Currency Support
AI-generated Request Summary
ERP Integrations
Workday Integration
Spend Reporting
Workflow Analytics
Accurate Contract vs. Actuals Analysis
Utilization Tracking
NetSuite SuiteApp
Netsuite Purchase Orders
Coupa integration
Leverage
Unbiased Price Benchmarks
Unbiased Negotiation Strategies & Tactics
Unbiased Negotiation Confidence Indicators

Our Customers

"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare."

Name Surname

Position, Company name

Name Surname

Position, Company name

"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare."

Name Surname

Position, Company name

"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare."

Name Surname

Position, Company name

"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare."

Name Surname

Position, Company name

Supplier Intelligence has been invaluable in helping us make informed and timely decisions on our software purchases. I regularly reference Tropic’s price benchmarks and negotiation playbooks to get an understanding of the competitive landscape and where our terms stack up.

Cameron Davis

Director of Procurement

Cameron Davis

Director of Procurement

It gives us a game plan to go in and effectively get what we want. Having that detail helps me really understand what am I being uplifted by and what’s happening to the rate.

J.B. Snodgrass, CPA

VP, Financial and Sales Operations, Procurement

J.B. Snodgrass, CPA

VP, Financial and Sales Operations, Procurement

Tropic has been one of the highest ROI initiatives we’ve ever deployed on the finance team at Zapier, they are true partners to us, and it’s been amazing watching them release better and better technology to help Zapier save money.

Ryan Roccon

VP of Finance

Ryan Roccon

VP of Finance

If you have a lot of cross-functional reviews, Tropic makes it easy to build out workflows. It’s not over-engineered so you can take a rightsized approach to procurement.

Silver Wade

Senior Manager, Procurement

Silver Wade

Senior Manager, Procurement

Tropic clearly shows where a deal is in the workflow and is the source of truth our vendor contracts. Easy to use and implement.

Dillion Jacobson

Dillion Jacobson

We manage 100% of our spend with Tropic and consistently been impressed by their ability to step in and be an extension of the Rightway team.

Xavier Del Rosario

VP of Finance & BizOps

Xavier Del Rosario

VP of Finance & BizOps

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.

Tanner J.

Senior accountant

Tanner J.

Senior accountant

For budget planning purposes, my team uses Tropic as a source of truth for our contracts, showing us where we’ve made investments so we can properly allocate resources in the future.

Tyler Toft

Senior Finance Manager

Tyler Toft

Senior Finance Manager

From the perspective of IT and security, we needed something that could help keep software purchasing under control … something that could help with contracts, contract isolation, management, lifecycle, renewals, and visibility.

Daniel Brundige

VP of IT

Daniel Brundige

VP of IT

SaaS procurement and renewals can take up a ton of time for "owner" of each software tool. Tropic frees up time to work on more pressing needs. And they help reduce overall spend.

User in Computer Software

User in Computer Software

Tropic helps keep track of all of our SaaS services. It visually keeps your team accountable to be on top of their contracts so that things don't just automatically renew.

Ariel Nahmias

VP of Finance

Ariel Nahmias

VP of Finance

Great UX; knowledgeable team members; great response time and partnership, really feels like an extension of the team. [Tropic is] saving tons of time as well as physical dollars on contracts.

Jeremy Klein

Senior Director, Finance Operations & Transformation

Jeremy Klein

Senior Director, Finance Operations & Transformation

As an IT Manager, I have a small team and do not have the resources to dedicate time to negotiations for SaaS spend for each vendor. Tropic helps take that off my plate and prevents the need to onboard a procurment role specifically to reduce our annual spend.

Chris Mullins

Chris Mullins

Tropic lowers our anxiety level that we are going to miss something. Tropic manages those purchases and renewals with an innate understanding of the specifics around the tool and type of usage we need.

Dan Hartz

Procurement and Logistics Manager

Dan Hartz

Procurement and Logistics Manager

It's allowing us to see all of our SaaS spend management in one place for easier management. We can see the renewal dates and opt-out dates that allow us to keep better track of what needs to be done and when. Tropic is great for keeping everything streamlined and getting us deals.

User in Information Technology and Services

User in Information Technology and Services

I like that it easily helped us consolidate and manage our tech stack and spending. Previously the ownership and renewal management of our tech stack was complicated, and there were certain products we weren't even sure we were using. Tropic has helped us gain control of that process.

User in Computer Software

User in Computer Software

We've saved 20% on our software spend and countless hours of time. We don't have to worry about procurement at all anymore now that we use Tropic.

Matt Weiler

CFO

Matt Weiler

CFO

Without Tropic, procurement would’ve come to a screeching halt at RainFocus because of limited internal personnel. The platform is good, but the people are great. Tropic offers well-managed service, and I get responses in a timely manner.

Brandon Bailey

VP Strategic Financial and People Operations

Brandon Bailey

VP Strategic Financial and People Operations

Tropic has enabled our company to get our current software spend under complete visibility and control and craft an invaluable workflow for acquiring new vendors and services. Super happy with the platform and team thus far.

Sam Good

Sam Good

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.

Kyle H

VP, Global Procurement

Kyle H

VP, Global Procurement

Tropic is a great tool to organize, manage and (most importantly) get the best rates on your tech spend. I have used it for over a year and it was able to take us from little management of spend to complete organization.

Brian McGartoll

Brian McGartoll

Drive savings and efficiency at any stage

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