Proactive spend monitoring to identify and eliminate waste

Automatically surface suppliers that didn’t go through proper approvals or are missing critical information like renewal dates, so you can address and prevent wasted spend.

Review contracted spend across multiple dimensions like department or dates, keep an eye on your source-of-truth completeness with automated contract auditing, and understand where attention is needed across the procurement funnel.

Analyze your process performance for cycle times and approved spend to uncover opportunities for continuous process improvement.

Understand what tools your organization has access to and where the cost centers are in your business. App Access & Usage helps you monitor usage patterns so you can rightsize your spend.

Reconcile your ERP data and your contract records to monitor variances between your contractual spend and your actual spend, providing the information you need for better budgeting and forecasting.

Export reports to share insights or work with the data in your preferred format. Tropic also links the underlying data of your reports to objects directly within Tropic, making it easy to take action quickly.