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Articles from Tropic

New Survey: 86% of Finance Leaders Plan Major AI Investment by 2026 as Tropic Unveils Five Procurement Agents
Tropic launches purpose-built AI agent workforce designed to save time and money, as new survey identifies 2026 as the tipping point year for finance AI adoption
By Tropic · Via GlobeNewswire · June 10, 2025
Tropic Announces Partnership with Tranch, Unveils BNPL for SaaS to its Customers
Tropic, the all-in-one SaaS procurement platform that helps companies optimize their software spend, today announced a partnership with Tranch, a B2B Buy Now Pay Later (BNPL) provider, to allow its customers to pay their software costs on their terms. The Tranch partnership is the latest addition to Tropic's robust SaaS procurement solution that streamlines every stage of SaaS purchasing from discovery to purchase to management. In addition to Tropic customers reducing their annual SaaS spend by 20%, the BNPL option gives companies flexibility in payment options, giving high growth companies more control over their cash flow.
By Tropic · Via Business Wire · October 11, 2022
Tropic Announces New Executive Hires to Support the Rapid Growth of Its All-In-One SaaS Procurement Platform
Tropic, the all-in-one SaaS procurement platform that helps companies optimize their software spend, announced the addition of Kristy McCown, Head of Partnerships, and Patrick Unnold, SVP of Customer Experience, to its executive team. The leadership additions will accelerate Tropic’s momentum in the market, with revenue quadrupling and customer growth doubling year-over-year. McCown and Unnold will be responsible for leading the company’s continued growth across the partnership and customer teams.
By Tropic · Via Business Wire · August 24, 2022
Tropic Releases New Suite of Software Procurement Tools to Help Customers Cut Costs and Optimize Opex
Tropic, the purchasing infrastructure platform that helps companies optimize SaaS buying, announces the release of new features that eliminate inefficient spending within a company’s tech stack, all through a single, integrated dashboard. Tropic enables companies to better navigate fluctuating economic conditions by making significant reductions to their operating expenditures without compromising their tech stack or related capabilities. Through increased visibility, process automation, and enhanced negotiation tools, Tropic saves companies an average of 23% and 380 hours annually on software purchasing, while helping them adapt their buying approach for the current economic climate.
By Tropic · Via Business Wire · July 12, 2022