Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
IBM Apptio integrates financial and operational information into a cohesive model based on a widely accepted categorization of costs. By employing advanced allocation rules in conjunction with targeted metrics and key performance indicators (KPIs), we empower businesses to address critical inquiries concerning their investments and streamline their budgeting and forecasting procedures. This capability allows organizations to communicate investment rationales and deviations from plans more efficiently to stakeholders and executive leadership, ultimately leading to the identification of opportunities for optimizing cost structures, mitigating risks, and fostering growth.
Furthermore, adopting a structured perspective on IT expenditures, both actual and projected, grounded in an established framework facilitates swifter ad hoc analyses and enhances budgeting cycles. By minimizing overall IT spending through the reduction of waste, elimination of redundancies, and alignment of investments with strategic goals, businesses can significantly cut down on the time allocated to forecasting. This approach not only increases the frequency of updates but also frees up resources, enabling a focus on higher-value initiatives that drive long-term success.
Description
Organizations of all types, ranging from emerging startups to established Fortune 500 companies, leverage Tropic to oversee their purchasing workflows, secure cost savings, and transform their software expenditures into a competitive edge. Financial leaders opt for Tropic due to our commitment to delivering savings and ensuring a positive return on investment. Meanwhile, IT leaders appreciate our focus on compliance and risk management, while procurement leaders value our emphasis on process optimization, effectively serving as an extension of their teams. With access to benchmark data on key vendors, you can enhance your operational efficiency. By allowing us to manage your software purchases and renewals, you can conserve both time and money. This ensures improved compliance within your procurement processes and allows for easier management of SaaS solutions. Software acquisitions and renewals tend to occur too frequently, diverting attention from more critical tasks. The lack of clarity in pricing models, the complexity of contracts, and the involvement of multiple stakeholders with conflicting priorities further complicate the renewal process. By streamlining this system, you can refocus your efforts on what truly matters to your organization.
API Access
Has API
No
API Access
Has API
No
Integrations
Amazon Web Services (AWS)
Yes
Cherwell HR Service Management
Yes
CloudFX
Yes
Coupa
Yes
DXC Cloud
Yes
Datadog
Yes
Decimal
Yes
Dell EMC Avamar
Yes
EV Service Manager
Yes
Google Cloud Platform
Yes
Integrations
Amazon Web Services (AWS)
No
Cherwell HR Service Management
No
CloudFX
No
Coupa
No
DXC Cloud
No
Datadog
No
Decimal
No
Dell EMC Avamar
No
EV Service Manager
No
Google Cloud Platform
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$3,750 per month
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
IBM
Founded
1911
Country
United States
Website
www.apptio.com/products/ibm-apptio/
Vendor Details
Company Name
Tropic
Founded
2019
Country
United States
Website
tropicapp.io
Product Features
Cloud Cost Management
Cost Reduction Optimization
No
Dashboard
No
Data Import/Export
No
Data Storage
No
Data Visualization
No
Resource Usage Reporting
No
Roles / Permissions
No
Spend and Cost Reporting
No
SaaS Management
License Management
Yes
Onboarding
No
Renewal Management
No
SaaS Operations Management
No
Shadow IT Detection
No
Spend Management
Yes
Subscription Management
No
Usage Tracking / Analytics
Yes
Vendor Management
Yes
Spend Management
Approval Workflow
No
Budgeting / Forecasting
No
Expense Tracking
No
Multi-Currency
No
Prepaid Cards
No
Procurement Management
No
Receipt Management
No
Spend Analysis
No
Spend Control
No
Supplier Management
No
Product Features
Cloud Cost Management
Cost Reduction Optimization
No
Dashboard
No
Data Import/Export
No
Data Storage
No
Data Visualization
No
Resource Usage Reporting
No
Roles / Permissions
No
Spend and Cost Reporting
No
Purchasing
Catalog Management
No
Compliance Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
No
Purchase Order Management
No
Requisitions & Approvals
No
Sourcing Management
No
Spend Management
No
Supplier Management
No
Spend Management
Approval Workflow
No
Budgeting / Forecasting
No
Expense Tracking
No
Multi-Currency
No
Prepaid Cards
No
Procurement Management
No
Receipt Management
No
Spend Analysis
No
Spend Control
No
Supplier Management
No