Vendr vs Tropic Comparison

98% 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

Vendr

SaaS Spend Management Software

4.8 109 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

Vendr is forever changing how companies buy and renew SaaS. Cloud-based software that helps procure SaaS, handle finances, manage security, and track revenue from a unified platform. It handle as little or as much of the buying as you need, from discovery to renewal management, with data-backed insights and a small army of expert buyers 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 $36000.00.

Free Trial Not Available
Starts at $10000.0.

SW Score & Breakdown

98% 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

95%
Reviews

83%
Momentum

72%
Popularity

92%

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	13 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 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. Onboarding Tools Comes with built-in onboarding tools for new user adoption 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. + 10 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 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. Onboarding Tools Comes with built-in onboarding tools for new user adoption 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	4.8/5 109 user ratings	4.8/5 52 user ratings
Rating Distribution	Excellent 83.5% Very Good 11.9% Average 3.7% Poor 0.9% Terrible 0%	Excellent 78.8% Very Good 19.2% Average 1.9% Poor 0% Terrible 0%
User Sentiments	SaaS Spend Management, Contract Negotiation Support, Workflow Automation, Time & Cost Savings Occasional Technical Issues, User Interface Complexity, Limited Multi-Currency Support, Onboarding Challenges	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 for Vendr highlight its effectiveness in streamlining SaaS vendor management, automating onboarding and offboarding processes, and securing favorable pricing. Users praise the platform's ability to centralize contract data, track renewals, and provide insights into market pricing. While some users report initial setup challenges and limitations with reporting functionality, overall sentiment is positive, with many users emphasizing the significant time and cost savings Vendr provides.	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 $36000.00.	Free Trial Not Available Starts at $10000.0.
Pricing Plans Monthly Plans Annual Plans	Starter $36,000.00 $36,000.00 Growth $78,000.00 $78,000.00 Enterprise $120,000.00 $120,000.00	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
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Vertice 4.7 36 ratings Vendr Vs Vertice Spendflo 4.8 81 ratings Vendr Vs Spendflo Oveo VendorSage SaaSrooms	Spendbase 5 11 ratings Oveo Spendflo 4.8 81 ratings Tropic Vs Spendflo SaaSTrax 5 2 ratings SaaSrooms
	View All Vendr Alternatives	View All Tropic Alternatives