Cut Your SaaS Costs: COO Justin Etkin on Smarter Procurement episode artwork

EPISODE · Feb 5, 2025 · 43 MIN

Cut Your SaaS Costs: COO Justin Etkin on Smarter Procurement

from Between Two COO's with Michael Koenig · host Justin Etkin, Michael Koenig

Don't forget to check out www.fellow.app/coo for a 90-day free trial of their AI Meeting Assistant.[00:00] Introduction – Michael introduces Fellow as a trusted AI meeting assistant.[01:00] Welcome to Between Two COOs – Introducing Justin Etkin and Tropic.io.[02:00] The evolution of procurement – From cost-cutting to strategic value creation.[05:00] When should companies start formalizing procurement?[07:00] Common mistakes businesses make in procurement.[10:00] Using data and AI to improve procurement efficiency.[12:00] Negotiation strategies and dealing with vendors.[16:00] The role of AI in procurement and automation potential.[20:00] How companies are shifting towards integrated procurement platforms.[23:00] The intersection of procurement and legal, finance, and security.[28:00] Justin’s wildest COO experience – Painting walls before an office move-out.[30:00] Closing thoughts – Where to follow Justin and learn more about Tropic.io.Tropic - https://www.tropicapp.io/Between Two COO's - https://betweentwocoos.com Episode URL - https://betweentwocoos.com/tropic-coo-justin-etkinMichael Koenig - https://linkedin.com/in/michael-koenig514Justin Etkin - https://www.linkedin.com/in/justintropic/Don't forget to check out www.fellow.app/coo for a 90-day free trial of their AI Meeting Assistant.

Episode metadata supplied by the publisher feed · Published Feb 5, 2025

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In this episode of Between Two COOs, Michael Koenig sits down with Justin Etkin, COO of Tropic.io, to discuss how procurement has evolved into a strategic function in today’s businesses. Justin shares his insights on how companies can use procurement as a growth lever rather than just a cost-saving measure, the impact of AI on procurement, and best practices for negotiation. If you’re a COO, CFO, CEO or anyone dealing with vendor contracts, this episode is packed with actionable insights on optimizing procurement. Don't forget to check out www.fellow.app/coo for a 90-day free trial of their AI Meeting Assistant.

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Cut Your SaaS Costs: COO Justin Etkin on Smarter Procurement

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