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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 Lapsewise?

Lapsewise is a groundbreaking solution aimed at assisting teams in monitoring renewals and expirations, thereby reducing the disorder associated with overlooked deadlines and chaotic spreadsheets. Utilizing a unified engine, it efficiently manages seven distinct record types: certifications, contracts, grants, licenses, insurance, warranties, and memberships. Users can effortlessly enter a date, upload pertinent PDFs, designate ownership, and Lapsewise will generate timely alerts prior to expirations, considering notice periods for contracts to guarantee that necessary actions are taken before cancellation deadlines approach. The platform features a user-friendly dashboard that organizes all entries by imminent due dates, enabling users to remain organized and take proactive measures. Additionally, it allows for a complimentary trial without requiring a credit card, giving users the opportunity to test its functionalities without any upfront obligation. This unique approach not only enhances efficiency but also fosters better collaboration within teams by ensuring everyone stays informed and accountable.

Media

Media

Integrations Supported

Integrations Supported

Slack
Twilio

API Availability

API Availability

Pricing Information

$3,750 per month

Pricing Information

$0
Free Version

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

Company Facts

Organization Name

Tropic

Date Founded

2019

Company Location

United States

Company Website

tropicapp.io

Company Facts

Organization Name

Lapsewise

Date Founded

2026

Company Location

Sweden

Company Website

www.lapsewise.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

Renewal Management

Not specified

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