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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

IBM Apptio integrates financial and operational information into a cohesive model based on a widely accepted categorization of costs. By employing advanced allocation rules in conjunction with targeted metrics and key performance indicators (KPIs), we empower businesses to address critical inquiries concerning their investments and streamline their budgeting and forecasting procedures. This capability allows organizations to communicate investment rationales and deviations from plans more efficiently to stakeholders and executive leadership, ultimately leading to the identification of opportunities for optimizing cost structures, mitigating risks, and fostering growth. Furthermore, adopting a structured perspective on IT expenditures, both actual and projected, grounded in an established framework facilitates swifter ad hoc analyses and enhances budgeting cycles. By minimizing overall IT spending through the reduction of waste, elimination of redundancies, and alignment of investments with strategic goals, businesses can significantly cut down on the time allocated to forecasting. This approach not only increases the frequency of updates but also frees up resources, enabling a focus on higher-value initiatives that drive long-term success.

Description

Organizations of all types, ranging from emerging startups to established Fortune 500 companies, leverage Tropic to oversee their purchasing workflows, secure cost savings, and transform their software expenditures into a competitive edge. Financial leaders opt for Tropic due to our commitment to delivering savings and ensuring a positive return on investment. Meanwhile, IT leaders appreciate our focus on compliance and risk management, while procurement leaders value our emphasis on process optimization, effectively serving as an extension of their teams. With access to benchmark data on key vendors, you can enhance your operational efficiency. By allowing us to manage your software purchases and renewals, you can conserve both time and money. This ensures improved compliance within your procurement processes and allows for easier management of SaaS solutions. Software acquisitions and renewals tend to occur too frequently, diverting attention from more critical tasks. The lack of clarity in pricing models, the complexity of contracts, and the involvement of multiple stakeholders with conflicting priorities further complicate the renewal process. By streamlining this system, you can refocus your efforts on what truly matters to your organization.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon Web Services (AWS) Yes 
Atlassian Clover Yes 
Capgemini Intelligent Automation Platform Yes 
CloudFX Yes 
DXC Cloud Yes 
Datadog Yes 
EV Service Manager Yes 
Fidelis Halo Yes 
Flexera One Yes 
HPE Consumption Analytics Yes 
IBM Cloudability Yes 
IBM Targetprocess Yes 
Oracle Cloud Infrastructure Yes 
Planview Hub Yes 
SAP Cloud Platform Yes 
ServiceNow Yes 
Tableau Yes 
Teamstack Yes 

Integrations

Amazon Web Services (AWS) No 
Atlassian Clover No 
Capgemini Intelligent Automation Platform No 
CloudFX No 
DXC Cloud No 
Datadog No 
EV Service Manager No 
Fidelis Halo No 
Flexera One No 
HPE Consumption Analytics No 
IBM Cloudability No 
IBM Targetprocess No 
Oracle Cloud Infrastructure No 
Planview Hub No 
SAP Cloud Platform No 
ServiceNow No 
Tableau No 
Teamstack No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$3,750 per month
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

IBM

Founded

1911

Country

United States

Website

www.apptio.com/products/ibm-apptio/

Vendor Details

Company Name

Tropic

Founded

2019

Country

United States

Website

tropicapp.io

Product Features

Cloud Cost Management

Cost Reduction Optimization No 
Dashboard No 
Data Import/Export No 
Data Storage No 
Data Visualization No 
Resource Usage Reporting No 
Roles / Permissions No 
Spend and Cost Reporting No 

SaaS Management

License Management Yes 
Onboarding No 
Renewal Management No 
SaaS Operations Management No 
Shadow IT Detection No 
Spend Management Yes 
Subscription Management No 
Usage Tracking / Analytics Yes 
Vendor Management Yes 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

Product Features

Cloud Cost Management

Cost Reduction Optimization No 
Dashboard No 
Data Import/Export No 
Data Storage No 
Data Visualization No 
Resource Usage Reporting No 
Roles / Permissions No 
Spend and Cost Reporting No 

Purchasing

Catalog Management No 
Compliance Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

Alternatives

Alternatives