Tropic, an all-in-one SaaS procurement platform that aids businesses in optimizing their software spend, announced a relationship with Tranch, a B2B, Buy Now Pay Later (BNPL) service, to enable its clients to also customize payment terms to providers. The BNPL option offers flexible payment alternatives, providing fast growth enterprises more control over their cash flow, in addition to cutting annual spending by 20%. Customers of Tropic will submit invoices through Tranch, which will then pay their SaaS vendors in full and up-front.
Tropic Announces Partnership with Tranch, Unveils BNPL for SaaS to its Customers