Case Study: Bennie Achieves 2.77x ROI with Tropic's Negotiation Services and Contract Management

Bennie Relies on Tropic Contract Management and Negotiation Services to Drive 2.77x ROI

Bennie, a NYC-based global benefits platform, needed a better way to centralize software purchasing, manage contracts, handle renewals, and keep IT/security requirements from slowing down deals. To solve this, Bennie turned to Tropic’s contract management and negotiation services.

With Tropic, Bennie built a more organized procurement process using dynamic intake forms, centralized contract storage, and early renewal reminders, while Tropic’s experts handled negotiations. The results were significant: Bennie stored more than 100 contracts in Tropic, avoided missed auto-renewals for over two years, completed 50+ negotiations, saved more than $240K, and achieved a 2.77x ROI on $1M in annual software spend.

Bennie

Daniel Brundige

VP of IT