TOP 10 – PROCUREMENT INTELLIGENCE PLATFORMS

CEO: DAVID CAMPBELL FOUNDED: 1955

Tropic specialises in software procurement. The system utilises a dataset of US $ 13bn in spend to provide price points for renewals and identify duplicate software subscriptions. It automates the purchasing process for software-as-a-service vendors. The platform manages contract expirations and notifies users of upcoming deadlines. It also provides a central repository for all software licenses and terms of service. This allows IT and procurement departments to collaborate on technology spend. The software aims to reduce the time spent on vendor negotiations.

AI Agents that make procurement easier, faster, better

David Campbell, CEO, GFT

procurementmag. com

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