Case Study: Cherry achieves scalable procurement and spend control with Tropic and Brex

Cherry saves $860K and cuts 10 hours of weekly invoice work with Tropic

Cherry, a fintech company building a buy now, pay later solution for medical practices, faced scaling challenges with its manual procurement and payment processes. Their lean finance team struggled with invisible spend commitments and surprise contract renewals stored in Google Drive. They partnered with Tropic to gain control and visibility over their vendor contracts and spending.

By implementing Tropic and integrating it with their existing Brex payment system, Cherry automated its intake-to-pay process. The solution provided seamless purchase routing, automated approvals, and Tropic's AI Invoice Match, which automatically verified Brex invoices against contracts. This integration saved the company $860K to date, eliminated 10 hours of manual invoice matching per week, and saved 5 hours per negotiation, all without expanding their team.

Cherry