Tropic Reviews & Product Details

What I find most valuable about Tropic is how straightforward they make managing software purchases and renewals. Their pricing benchmarks provide us with clear insight into what constitutes a fair deal, and their negotiation team has been excellent at securing better terms for us without requiring endless back-and-forth. The procurement and invoice matching tools are also intuitive, helping us stay organized with minimal effort. Thanks to Tropic, we've been able to streamline our P2P process and avoid the need to build a full PO system, which has saved us significant time and internal resources. The main benefits are definitely the cost savings and the overall simplicity. For instance, on a recent HRIS purchase, the vendor’s initial offer was about 20% above the market rate, but using Tropic’s benchmarks, we managed to negotiate a 30% discount. Beyond just saving money, Tropic has made the entire procurement process much easier. Renewals, invoice matching, and contract tracking are all more efficient, and our team now spends far less time following up with vendors or managing contracts manually. Review collected by and hosted on G2.com.

There isn’t much to dislike about Tropic, but one area for improvement is the OCR accuracy when uploading and scanning contracts. We also use Tropic to store non-SaaS agreements like contractor contracts, NDAs, and DPAs, and sometimes the system flags auto-renewals incorrectly or misreads certain terms. That said, this is pretty common with OCR technology, it’s great but not perfect. The upside is that Tropic’s customer success and operations teams are very responsive. They also do another round of review and fix any OCR errors quickly, which makes the overall experience smooth and reliable. Review collected by and hosted on G2.com.

Great insights into saas benchmarking. Robust dataset. Business team is responsive and very attentive and works hard to make sure I'm getting value out of the platform. It has paid for itself several times over as we've been able to leverage the insights to obtain better pricing. Review collected by and hosted on G2.com.

Can be a bit slow to get data on new applications but that's just the nature of the beast. With AI, things are changing so quickly and new tools coming out so frequently and we like to try them all so there's a decent number of new tools where we haven't been able to access benchmarking data, but nobody is going to have it unfortunately. Not a dig on Tropic, just a general frustration of the industry. Review collected by and hosted on G2.com.

Ironclad integration works well, Tropic has been a relatively seamless implementation in our org despite the multitude of tools we were using pre-Tropic to manage procurement.

Workflows are easy to build, the functionality behind Rules and conditionality is hugely necessary.

Support team has been quick to respond and helpful. Review collected by and hosted on G2.com.

There's certain fields (estimated spend, request type) that aren't customizable or removable. Would love the ability to completely build a custom workflow. There's also a lot of confusion over everything starting as a certain type of workflow, and then switching into another depending on Tropic's level of involvement with negotiation. I think being able to make the workflows completely 100% customizable would be the most useful development.

There's a lot to manage between purchase categories, assigning them appropriately in Criteria, and then linking purchase workflows to specific categories. To me it makes the most sense for that all to live under one function: build the intake, the workflow, and get it live all in one settings section. Review collected by and hosted on G2.com.

Helps make vendor management manageable especially once the count of vendors starts to get unruly (50-100+). Keeps things organized and helps manage the workflow of keeping up with and validating vendor expenses. Review collected by and hosted on G2.com.

ROI is tough to evaluate. The time saving is clear, but how much are you willing to pay to keep costs more organized, is tough to justify. If there is budget for a tool like this, it's definitely worth it. But if you are getting it to help manage and reduce expenses, it might just be an extra cost in the wrong direction. Review collected by and hosted on G2.com.

I appreciate Tropic's support team; they were pretty nice and offered good assistance when I needed help setting up for the first time. While Tropic did not necessarily solve direct problems for me, I find it valuable in giving me ideas about vendor flexibility, which has aided my preparation for negotiation meetings with new vendors. Although I initially struggled with understanding how to use features like the supply intelligence part, I recognize its usefulness and potential benefits, especially in the context of negotiations. Review collected by and hosted on G2.com.

I find the initial setup and user interface of Tropic to be not very user-friendly, particularly for new users like me trying to initiate a search for new vendors. The dashboard design is confusing, with certain elements like truck performance on the first page not making sense. Additionally, I struggle with understanding how to effectively use certain features such as the supply intelligence part, needing assistance to do so. More clarity in benchmarking and pricing details for products would greatly enhance transparency and improve my experience. Finally, the main page layout feels cluttered and is somewhat confusing, which doesn't provide an intuitive user experience. Review collected by and hosted on G2.com.

What I value most about Tropic is their team. I have never encountered such helpful consultants during the implementation phase, and even more impressively, the Tropic team continues to be supportive after implementation is complete. When we are negotiating purchases and facing tight deadlines, if the requestor is unresponsive, the team goes out of their way to reach out to anyone necessary to ensure we close deals on time and retain our negotiated discounts. Another aspect I really appreciate about Tropic is the ability to create custom workflows for different types of purchases. I also find the request process straightforward and user-friendly, which makes the platform easy for me to use. Review collected by and hosted on G2.com.

I find the supplier view unhelpful, as what matters most to me is being able to see the contracts right away. However, contracts are not the first thing that appears. Additionally, I dislike that there is no option to set mandatory renewal requests for perpetual contracts. In my situation, I had to change the contract type and add a fake renewal date just to trigger renewal reminders, which feels like an unnecessary workaround. Review collected by and hosted on G2.com.

I really appreciate Tropic’s functionality in terms of solving contract management and negotiation processes, making my workflow more efficient. Tropic has been a key tool for about three to four years for me, facilitating requests for renewals and the integration of new tools seamlessly. Its capability to provide data-backed price benchmarking is incredibly beneficial when entering a new market without clear spending directions, effectively allowing me to validate whether proposals I receive are good deals. I particularly find the invoice matching feature to work exceptionally well when contracts are set up correctly, providing me with precise matching of contract information. The system definitely brings a lot of value overall, making it an asset for our organization. Given these positive experiences, I'm inclined to continue using Tropic, and I would rate it highly between an eight and nine for recommending it to a friend or colleague. Review collected by and hosted on G2.com.

I find the dashboard a bit challenging to follow and think it could be simplified for easier navigation. Also, the OCR functionality isn't reading contracts correctly, failing to extract the correct information which leads to issues in tasks like invoice matching. There's also a problem with the system inaccurately categorizing contracts, such as treating consulting agreements with auto-renewal as SaaS contracts. It would be beneficial if the platform could better differentiate between vendor types, such as SaaS, consultant, or marketing vendors. Review collected by and hosted on G2.com.

Tropic provides a single, unified platform for managing non-headcount spend, enforcing an efficient review process involving Finance, Legal, and Security, and driving cost optimization through competitive vendor pricing. Review collected by and hosted on G2.com.

The platform offers extensive features and functionality, which can be overwhelming at first and may require time for new users to become proficient, particularly when navigating approvals or interpreting contract data. Review collected by and hosted on G2.com.

Tropic's contract tracking tools have made a huge impact on our business. When onboarding, we quickly learned the extent to which our contracts and payments were decentralized. We have been able to organize, consolidate, and control spending to a much greater degree.

The real assets of Tropic are its employees. Everyone we have encountered is extremely capable, helpful, and kind. Our success managers have felt like part of our team, and Tropic's commercial executives have saved us more than we anticipated. Review collected by and hosted on G2.com.

When Tropic makes updates to its platform, it can cause a bit of confusion because of the need to edit preexisting contracts and adjust their details/fields to align with the new updates. Also, we have submitted multiple feature requests that are minor in nature, and Tropic has not implemented them. Review collected by and hosted on G2.com.

I find Tropic insightful and intuitive to use. The platform takes a more holistic approach to benchmarking compared to previous providers where benchmarks were more ad-hoc and didn't feel like they were tying into a broader picture of our software ecosystem. Review collected by and hosted on G2.com.

Tropic has been innovating very quickly, which at times has lead to features disappearing and being replaced by others just as i got used to the previous feature. Review collected by and hosted on G2.com.