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Vertice Review

Vertice
Our score: 8.0 User satisfaction: 96%

What is Vertice?

Vertice is the SaaS purchasing and spend management co-pilot for finance and technology leaders who want more control, flexibility, and efficiency in their SaaS stack. This procurement and management software enables your business to save time and money on all SaaS renewals and new purchases.

Renewal, management, and control of SaaS services have become demanding and expensive due to the sheer volume of cloud services that modern organizations consume. Vertice empowers finance leaders to improve cost awareness across their organization as a means to make SaaS adoption and usage more efficient. This also ensures SaaS procurement is more strategic than reactionary.

Using Vertice, businesses get full visibility into each tool’s contracts and renewal dates, This platform also reduces the workload on the legal, security, and compliance teams during contracting with its conveniently accessible diligence insights.

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Overview of Vertice Benefits

Pricing Data Intelligence

Vertice’s proprietary pricing intelligence infrastructure sits on transactions data across over 16,000 SaaS vendors, providing direct insights on pricing benchmarks and negotiation opportunities to enable smarter procurement and renewal decisions for finance leaders.

SaaS Usage Analytics

Through direct SSO integrations with major providers like Google, Azure AD, Okta etc, Vertice instantly provides teams with full visibility into how each SaaS license is used; including alerts on tools you are over-licensed for, unused applications, and upcoming renewals. The platform is designed to help you discover new ways to save throughout your renewals each year.

Contract Diligence Insights

Beyond the finance leader’s obligation to improve cost efficiency in SaaS procurement; legal, security and compliance teams also spend extensive time ensuring contracts are in alignment with regulatory and security requirements; while a highly critical step, manually reviewing contracts adds a bottleneck to procurement processes and reduces the leverage your organization can capitalize on in negotiation with vendors.

Vertice Diligence Insights helps CIOs and CISOs collapse the time it takes to review contracts for potentially costly (financial, security and/or compliance) clauses by instantly spotlighting what matters in any contract data with any vendor. You quickly see which certifications a tool might have, including their compliance with frameworks such as GDPR, ISO27001 or SOC2. You can also get links to privacy policies and information on uptime, saving your IT team the hassle of tracking down a dozen different documents to investigate compliance concerns.

Streamlined Purchases and Renewals

Vertice provides business leaders with a procurement team out-of-the-box allowing you to spend more time on strategic investments on SaaS. On the platform you get a full view on your renewal schedule and can delegate your dedicated purchasing managers to get to work on your behalf in unlocking the best pricing on any contract.

Extensive Integrations

All significant ERP finance and contract management systems are integrated through the Vertice platform, ensuring a seamless integration into your stack.

ROI Calculator

Before you make any commitments, Vertice shows you how much you can save on your SaaS stack with their free and simple-to-use ROI calculator. The calculator draws its estimates from Vertice’s exclusive data on SaaS vendors and is a great first step for you to see where you might be leaving money on the table.

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Overview of Vertice Features

  • Data Usage Insights
  • ROI calculator
  • Data and Market Analytics
  • 360-degree SaaS Stack
  • Integration Support
  • Storage Security
  • SaaS Management Tools
  • SaaS Procurement

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies

Vertice Position In Our Categories

Knowing that companies have their own business-related requirements, it is only rational they steer clear of buying a one-size-fits-all, ideal software solution. Regardless, it would be futile to come across such a software product even among sought-after software systems. The correct step to undertake is to tabulate the different vital factors which require inspection such as essential features, packages, skill competence of staff members, business size, etc. Thereafter, you must follow through the product research through and through. Have a look at some Vertice evaluations and scrutinize each of the software products in your list more closely. Such detailed research guarantees you weed out unfit apps and select the one which includes all the features your company requires.

Position of Vertice in our main categories:

TOP 100

Vertice is one of the top 100 Procurement Software products

If you are interested in Vertice it could also be beneficial to investigate other subcategories of Procurement Software collected in our database of SaaS software reviews.

Every enterprise is different, and may need a special Procurement Software solution that will be fit for their business size, type of customers and staff and even particular niche they deal with. You should not count on getting a perfect app that will work for every company no matter what their background is. It may be a good idea to read a few Vertice Procurement Software reviews first and even then you should remember what the software is supposed to do for your company and your employees. Do you need an easy and intuitive solution with only elementary features? Will you really make use of the advanced tools needed by pros and big enterprises? Are there any specific features that are especially useful for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a reliable service that will fit your budget.

How Much Does Vertice Cost?

Vertice Pricing Plans:

Free Trial

Standard

$30,000/year

Professional

$50,000/year

Premium

$80,000/year

Enterprise

$130,000/year

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What are Vertice pricing details?

Vertice Pricing Plans:

Free Trial

Standard

$30,000/year

Professional

$50,000/year

Premium

$80,000/year

Enterprise

$130,000/year

Vertice offers fixed pricing plans for various businesses, depending on their annual SaaS spend. You also get a free spend audit and savings recommendation before you make any commitments.
Get in touch with the vendor to discuss the package best suited for your business needs.

Standard – $30,000/year
For $250k-$1M annual SaaS Spend

  • $60,000 in guaranteed savings
  • Unlimited users and contracts
  • SSO and real-time alerts
  • Cloud cost optimization
  • Stack recommendations and new vendor research
  • Renewal management
  • Granular usage insights

Professional – $50,000/year
For $1M-$2.5M annual SaaS Spend

  • $150,000 in guaranteed savings
  • Unlimited users and contracts
  • SSO and real-time alerts
  • Cloud cost optimization
  • Stack recommendations and new vendor research
  • Renewal management
  • Granular usage insights

Premium – $80,000/year
For $2.5M – $5M annual SaaS Spend

  • $320,000 in guaranteed savings
  • Unlimited users and contracts
  • SSO and real-time alerts
  • Cloud cost optimization
  • Stack recommendations and new vendor research
  • Renewal management
  • Granular usage insights

Enterprise – $130,000/year
For annual SaaS spend above $5M

  • $520,000 in guaranteed savings
  • Unlimited users and contracts
  • SSO and real-time alerts
  • Cloud cost optimization
  • Stack recommendations and new vendor research
  • Renewal management
  • Granular usage insights

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you choose to buy a Procurement Software it’s crucial not only to find out how professionals score it in their reviews, but also to check whether the real people and companies that use this software are indeed happy with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Vertice reviews across a vast array of social media sites. The data is then presented in a simple to digest way showing how many clients had positive and negative experience with Vertice. With that information at hand you should be equipped to make an informed business choice that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Mac

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Annual Subscription

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Vertice?

Vertice integrates with your identity provider via SAML SSO to securely detect and track usage for all the SaaS tools in your organization, even the ones you don’t know about. Vertice Usage Analytics can detect and track usage for over 16,000 SaaS tools including:

  • Salesforce
  • Notion
  • Atlassian
  • Hubspot
  • Gusto
  • Digital Ocean

 

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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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