Vertice vs Tropic Comparison

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

Vertice

SaaS Spend Management Software

4.7 36 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

Vertice is the perfect platform for finance leaders who need cost control, efficiency, and flexibility when purchasing software-as-a-service (SaaS). This trustworthy team of experts leverage their expertise and vast amounts of data to analyze the stack and bring SaaS spend in line with fair market pricing. This subscription includes a flat pricing structure based on guaranteed annual cost savings, giving maximum benefit for company. Get the assurance of reliable and accurate results with Vertice. This risk-free service allows users to make informed decisions with confidence. Their commitment to helping identify cost-saving opportunities will keep the budget tight and help to manage best practices when approaching SaaS purchasing decisions. Get more value out of every dollar spent with Vertice! 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

Free Trial Not Available
Starts at $10000.0.

SW Score & Breakdown

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

96%
Reviews

79%
Momentum

63%
Popularity

73%

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 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. + 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 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	4.7/5 36 user ratings	4.8/5 52 user ratings
Rating Distribution	Excellent 69.4% Very Good 30.6% Average 0% Poor 0% Terrible 0%	Excellent 78.8% Very Good 19.2% Average 1.9% Poor 0% Terrible 0%
User Sentiments	Not Available	Excellent Customer Support, Negotiation Expertise, Centralized Contract Management, Time Saving Lack of Mobile App, Limited Integrations, Platform Complexity, Slow Platform Migration
Review Summary	Not Available	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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AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available	Free Trial Not Available Starts at $10000.0.
Pricing Plans Monthly Plans Annual Plans	Standard Others Professional Others Premium Others Enterprise Others	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

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