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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 Matrix42 Software Asset Management?

The realm of digital employment has experienced a profound evolution. Nowadays, employees can freely select their work hours, locations, and tools that boost their productivity. This shift has led to an expectation for instant access to various services at their convenience. While it might appear complex at first glance, it is entirely manageable. By implementing Matrix42, your IT team can effectively oversee all endpoints, applications, and services through a single, integrated platform. This strategy not only promotes financial transparency but also guarantees compliance with regulatory requirements. It’s a streamlined, straightforward, and secure solution. Workers increasingly seek fulfilling experiences in their jobs, which includes the flexibility to work at their desired pace using their chosen devices, along with a collection of AI-driven digital services. At the same time, the IT department must safeguard data across all devices and ensure compliance is consistently met. Our software provides an optimal solution that aligns the goals of both the business and the IT sector. Through the use of ITIL Best Practices and a Self-Service Portal, we enhance workflows for ordering, approval, and provisioning. Additionally, costs and licenses are systematically assigned to the correct cost centers, ensuring that compliance is maintained. This comprehensive strategy not only boosts efficiency but also empowers employees to flourish in today’s dynamic work landscape, fostering a more engaged and productive workforce.

Media

Media

Integrations Supported

Arxes Data Management
Check Point IPS
Check Point Infinity
ConSol CM/Helpdesk
EcholoN
Performance Livestock Analytics
samQ License Optimizer

Integrations Supported

Arxes Data Management
Check Point IPS
Check Point Infinity
ConSol CM/Helpdesk
EcholoN
Performance Livestock Analytics
samQ License Optimizer

API Availability

Has API

API Availability

Has API

Pricing Information

$3,750 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Tropic

Date Founded

2019

Company Location

United States

Company Website

tropicapp.io

Company Facts

Organization Name

Matrix42

Date Founded

1992

Company Location

United States

Company Website

www.matrix42.com

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Categories and Features

License Management

Automatic SKU Recognition
Central LM Server
Copy Protection
History Tracking
Node Management
Online Activation
Portable License
Sarbanes-Oxley Compliance
Timing Rights
Trial License

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