Spendflo vs Tropic Comparison

96% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Spendflo

SaaS Spend Management Software

4.8 81 user ratings

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90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Tropic

SaaS Spend Management Software

4.8 52 user ratings

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Overview

Description

Spendflo is a software-as-a-service spend and procurement platform for high-growth businesses. Spendflo gives high-growth organizations visibility, control, and optimization over their SaaS spending. They become the clients' centralized SaaS purchasing operation, handling negotiations and renewals. Their technology keeps track of SaaS spending and usage across the company. Get a 2x-3x return on investment and become a strategic procurement partner. Get better visibility and control over contracts while reducing your workload. Accelerate compliance procedures while concentrating on security. In the least period of time, find the right instrument. You can save up to 30% on your SaaS stack. Alternatively, you can request a refund. Allow Spendflo to purchase and renew your SaaS on your behalf. Increase vendor visibility, automate procurement, and spend less on each tool. Your solution will automate all of your SaaS procurement requests, approvals, and renewals while also providing real-time visibility into your current stack, cost, and savings. Read more

Tropic is an essential tool for companies of all sizes. Its suite of products are designed to help manage the software purchasing process and provide a strategic advantage to its users. Finance teams can take advantage of guaranteed savings and ROI. IT teams can ensure compliance and reduce risk. Procurement teams can implement process efficiencies and work with Tropic as an extension of their own team. Tropic's products are designed to save money and time, while mitigating risk and ensuring compliance. Its comprehensive suite of features helps companies of all sizes manage their purchasing process, guarantee savings and turn their software spend into an advantage. Companies who choose Tropic can rest assured that their software acquisitions are handled in a secure and cost-effective manner. Read more

Pricing Options

Free Trial Not Available
Starts at $250.00.

Free Trial Not Available
Starts at $10000.0.

SW Score & Breakdown

96% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

94%
Reviews

92%
Momentum

67%
Popularity

77%

90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

93%
Reviews

80%
Momentum

65%
Popularity

73%

Features

Total Features	12 Features	12 Features
Common Features for All	Access Control Defines application access to various users. Includes role-based system that controls options to be displayed to different users based on their role Application Catalog Businesses have the option to select from a variety of applications for subscription, tracking, and management Contract Management Helps in automating, streamlining and enhancing every vital aspect of a contract Dashboard A digital insight of reports and other workings on a single screen License and Renewal Tracking Helps to track all contracts, software licenses, and service agreements to operate effectively. Peer Benchmarking Enables comparison of software products, costs, sentiment, and usage with those of peer companies. Policy Enforcement Allows administrators to establish comprehensive security and data governance policies. Recommendation Engine Analyzes available data using machine learning algorithms to make the most relevant suggestions the user might be interested in SaaS Automation Facilitates process automation surrounding SaaS administration SaaS Utilization Tracking Allows to keep track of the number of licenses in use and their usage Spend Forecasting Helps to measure future spending on SaaS tools based on contracts. Spend Optimization Allows to identify and control redundant and unnecessary costs and transactions. Spend Tracking Ability to effortlessly track and map spending across departments using all tools. Usage Monitoring Enables admins to monitor and control SaaS tool usage, preventing unauthorized access and detecting suspicious activity or misuse. + 9 More - Show Less	Access Control Defines application access to various users. Includes role-based system that controls options to be displayed to different users based on their role Application Catalog Businesses have the option to select from a variety of applications for subscription, tracking, and management Contract Management Helps in automating, streamlining and enhancing every vital aspect of a contract Dashboard A digital insight of reports and other workings on a single screen License and Renewal Tracking Helps to track all contracts, software licenses, and service agreements to operate effectively. Peer Benchmarking Enables comparison of software products, costs, sentiment, and usage with those of peer companies. Policy Enforcement Allows administrators to establish comprehensive security and data governance policies. Recommendation Engine Analyzes available data using machine learning algorithms to make the most relevant suggestions the user might be interested in SaaS Automation Facilitates process automation surrounding SaaS administration SaaS Utilization Tracking Allows to keep track of the number of licenses in use and their usage Spend Forecasting Helps to measure future spending on SaaS tools based on contracts. Spend Optimization Allows to identify and control redundant and unnecessary costs and transactions. Spend Tracking Ability to effortlessly track and map spending across departments using all tools. Usage Monitoring Enables admins to monitor and control SaaS tool usage, preventing unauthorized access and detecting suspicious activity or misuse. + 9 More - Show Less

Technical Details

Organization Types Supported	Freelancers Large Enterprises Medium Business Small Business	Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Online	Online

Reviews & Ratings

User Rating	4.8/5 81 user ratings	4.8/5 52 user ratings
Rating Distribution	Excellent 82.7% Very Good 17.3% Average 0% Poor 0% Terrible 0%	Excellent 78.8% Very Good 19.2% Average 1.9% Poor 0% Terrible 0%
User Sentiments	Cost Savings, SaaS Expertise, Time Saving, User Friendly Interface Product Needs Improvement, Slow Procurement Process , Limited Reporting Features, Unclear Pricing Page	Excellent Customer Support, Negotiation Expertise, Centralized Contract Management, Time Saving Lack of Mobile App, Limited Integrations, Platform Complexity, Slow Platform Migration
Review Summary	User reviews of Spendflo highlight its effectiveness in streamlining SaaS procurement and cost optimization. Users consistently praise the platform's ease of use, comprehensive dashboard, and dedicated team's expertise in negotiating competitive pricing. While some users acknowledge initial onboarding complexity and a need for greater reporting capabilities, the overall sentiment is overwhelmingly positive, with users reporting significant cost savings and time efficiency gains.	Users consistently praise Tropics' exceptional customer service and expertise in SaaS contract negotiation, leading to significant cost savings and time management improvements. The platform is praised for its user-friendly interface, centralized contract management, and helpful renewal reminders. However, some users note the need for further integration with other platforms like Coupa and Slack, as well as enhanced customization of intake questions and workflows. While the platform is still developing, Tropics' commitment to user feedback and continuous improvement ensures a valuable solution for organizations looking to streamline SaaS procurement and optimize spending.
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Pricing

Pricing Options	Free Trial Not Available Starts at $250.00.	Free Trial Not Available Starts at $10000.0.
Pricing Plans Monthly Plans Annual Plans	Spendflo $250.00 $250.00 per month	Supplier Intelligence $10,000.00 $10,000.00 per year Intake to Procure $14,500.00 $14,500.00 per year Intelligent Spend Management $22,000.00 $22,000.00 per year
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Alternatives

	Vendr 4.8 109 ratings Spendflo Vs Vendr VendorSage SaaSrooms G2 Track 4.7 90 ratings Oveo	Spendbase 5 11 ratings Oveo Spendflo 4.8 81 ratings Tropic Vs Spendflo SaaSTrax 5 2 ratings SaaSrooms
	View All Spendflo Alternatives	View All Tropic Alternatives