Tropic 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.
Tropic Alternatives
Fraxion helps mid-market finance teams take control of spend with a single procure-to-pay platform covering procurement, accounts payable, expenses, and spend management. Instead of managing disconnected purchasing and finance processes, organizations can oversee the full spend lifecycle in one place.
From requisition and purchasing through invoicing and payment, Fraxion provides automated PO workflows, configurable multi-level approvals, budget and policy controls, PunchOut and catalog capabilities, AI-enabled AP automation, spend intelligence, payments, and a mobile experience for managing spend anywhere.
Each transaction is tracked with a comprehensive audit trail, providing finance leaders with greater visibility and accountability. Fraxion is built for the Office of the CFO and supports a flexible path to adoption: teams can begin with procurement or AP and add capabilities over time to create a complete procure-to-pay environment without starting over.
Fraxion is SOC 2-compliant and connects with major accounting and ERP systems such as Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero. It has served mid-market organizations in healthcare, life sciences, agriculture, education, and natural resources for over two decades.
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LinkSquares, a web application, is designed to make legal and finance teams more efficient. The AI-powered contract repository automatically extracts key terms from contracts and provides key insights through deep search, custom reports, and analytics. LinkSquares helps high-growth companies save hundreds of hours and thousands in costs by eliminating the need to review contracts manually and requiring outside counsel. LinkSquares analyzes and extracts structured data from every contract. The result is more that a full-text search. LinkSquares provides interactive Dashboards, custom reports, and other tools that help you put your contract data into action. LinkSquares provides automation and insight to every stage of your contract lifecycle. You can draft faster, review faster, and get agreements done sooner. LinkSquares does everything except write contracts for you. (And that's something we're also working on.)
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Gain full visibility and control over your IT assets, software licenses, usage, and spend with Setyl.
Setyl is a cloud-based IT asset and license management (ITAM) platform that connects to your existing systems with 100+ out-of-the-box integrations.
Use Setyl to manage all your hardware assets, software applications, SaaS subscriptions, licenses, vendors, admins, users, and spend in one place — helping you:
1. Manage both hardware and software assets in one place.
2. Automate and scale daily IT operations, including inventory management and employee onboarding and offboarding processes.
3. Identify and cut wasted IT spend.
4. Prepare for your security audit and stay compliant, including with SOC 2 and ISO 27001.
With its intuitive interface and low learning curve, the Setyl platform offers a user-friendly experience and facilitates collaboration across your organization.
Features include:
• IT asset and license inventory
• Asset lifecycle management
• SaaS subscription, software application, and license management
• Software renewal tracking
• License rightsizing
• Employee onboarding and offboarding workflows
• ISO 27001 and SOC 2 compliance
• Vendor management
• IT spend management and reporting
• 100+ native integrations (Microsoft, Google, MDM, RMM, IAM, HR, helpdesk tools, and more)
• API access
• Fully guided support
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Modernize your procurement process with Order.co – an easy-to-use procurement software that simplifies every aspect of purchasing for your business.
With Order.co you can automate sourcing, purchase requisitions, and PO management while improving spend analytics - all in one customizable platform. Leverage Order.co’s AI powered sourcing technology and exclusive supplier discounts to save an average of 5% on products, and avoid supply chain disruptions with Order.co’s 17K+ vendor network. Customize budget and approval workflows for your business, purchase from your custom product catalog, and pay on flexible terms with your preferred method. Access real-time spend data and insights by user, location, cost center, or vendor for enhanced budgeting, forecasting, and reporting.
Order.co works seamlessly alongside any ERP and accounting system, including direct integrations with Quickbooks Online, Sage Intacct, Netsuite, and more to simplify your entire purchase-to-pay process.
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Pricing
Pricing Starts At:
$3,750 per month
Integrations
No Integrations at this time
Company Details
Company:
Tropic
Year Founded:
2019
Headquarters:
United States
Website:
tropicapp.io
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Product Details
Platforms
Web-Based
Types of Training
Live Training (Online)
Customer Support
Business Hours
Online Support
Tropic Features and Options
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