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What is Tropic?

Various organizations, from budding startups to well-established Fortune 500 companies, utilize Tropic to manage their purchasing processes, unlock cost efficiencies, and turn software spending into a strategic advantage. Financial executives choose Tropic because of our dedication to generating savings and ensuring a favorable return on investment. At the same time, IT leaders value our strong emphasis on compliance and risk management, while procurement professionals appreciate our focus on optimizing processes, effectively acting as an extension of their teams. By leveraging benchmark data on critical vendors, you can significantly boost your operational efficiency. Entrusting us with your software purchases and renewals not only saves you time and money but also enhances compliance within your procurement activities, simplifying the management of SaaS solutions. Given that software acquisitions and renewals happen frequently, they can distract from more pressing responsibilities. The uncertainty surrounding pricing structures, the intricacies of contracts, and the presence of multiple stakeholders with differing priorities complicate the renewal process even further. By refining this system, you can redirect your attention toward what is truly essential for your organization, ensuring that your strategic goals are met with greater clarity and focus. Ultimately, embracing this streamlined approach can lead to a more agile and responsive procurement function.

What is BetterTracker?

BetterTracker is an AI-powered SaaS spend management platform designed to offer managed service providers (MSPs) and organizations a thorough understanding of their applications, subscriptions, contracts, vendors, and ongoing expenses. This solution enables teams to pinpoint all active services, analyze spending habits, measure usage, identify redundancies and potential risks, develop prioritized recommendations, and keep track of new applications, price increases, contract renewals, and unexpected expense discrepancies. By bringing together various modules, BetterTracker simplifies SaaS management onto one platform: ExpenseTracker scrutinizes financial information to reveal avoidable costs and enhance spending efficiency, ContractTracker employs AI-driven optical character recognition to centralize contracts along with their renewal dates and alert periods, Google Scout discovers applications associated with Google Workspace, and 365 Scout offers insights into the use of Microsoft 365, including licensing and concealed IT challenges. Furthermore, CustomerTracker improves MSPs' comprehension of the applications utilized within their clients' environments, while Environment Discovery methodically identifies applications, vendors, and other pertinent details. Collectively, these capabilities establish BetterTracker as an indispensable resource for organizations striving to optimize their SaaS management workflows and improve overall financial oversight.

Media

Media

Integrations Supported

Integrations Supported

Google Workspace
Microsoft 365

API Availability

API Availability

Pricing Information

$3,750 per month

Pricing Information

$3,588 per year

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Tropic

Date Founded

2019

Company Location

United States

Company Website

tropicapp.io

Company Facts

Organization Name

BetterTracker

Date Founded

2021

Company Location

United States

Company Website

bettertracker.com

Categories and Features

Cloud Cost Management

Not specified

Purchasing

Not specified

Renewal Management

Not specified

SaaS Spend Management

Not specified

Shadow IT Discovery

Not specified

Spend Management

Not specified

Categories and Features

SaaS Spend Management

Not specified

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