Vertice Reviews & Product Details

The Vertice Platform has allowed us to track, monitor and consolidate all of our ongoing spend in a centralised database.

We can now have clear control processes for onboarding and renewing services.

Vertice take over the management of negotiations to allow our team to focus on BAU tasks

The Platform is intuative, customisable and easy to access for all types of users

Our Customer Success Manager is always on hand to assist with any queries and is really helpful and friendly

There are integrations with our Accounting software which helps sense check costs

We use it regularly to access supplier contracts and T&Cs as a central source of truth throughout the company

We have saved money through negotiations, but mainly through the platform allowing us to identify overlapping services that we can cut down on, remove or replace Review collected by and hosted on G2.com.

We have saved money on renewals and new tools but sometimes with bespoke technical software, we still have to take the lead in negotiations, but their benchmarking data is still useful in these instances. Review collected by and hosted on G2.com.

Working with Vertice over the past quarter has been a game-changer for our organization. As a SaaS vendor procurement platform, they have not only facilitated substantial cost savings—helping us save $11,000 in contract negotiations—but they have also profoundly impacted our procurement strategies.

The platform itself is a standout, providing a well-organized and insightful overview of our vendor contracts, which has been instrumental in refining our procurement process. It’s clear, user-friendly, and equipped with all the tools necessary to offer deep insights into our procurement activities.

Moreover, the team at Vertice, especially the Customer Success Manager (Brooke) and the Procurement Manager (Dan), have been pivotal in our success. Their expertise in contract negotiations and their dedication to educating our team on best practices have been invaluable. The relationship built over this short period is not merely a service provider-client dynamic; it feels much more collaborative and advisory.

For any organization looking to streamline their procurement processes and achieve significant cost savings, I highly recommend Vertice. Their service goes beyond just a software solution; it’s a partnership that brings about real, tangible changes in how you manage procurement. Their professionalism, expertise, and genuine care for their clients' success are what set them apart. Review collected by and hosted on G2.com.

While our experience with Vertice has been overwhelmingly positive, an area they could enhance is expanding their integration capabilities with other management tools we use. Broadening their compatibility would streamline our processes even further, making their platform not just good, but perfect for our specific needs. Review collected by and hosted on G2.com.

We partnered with Vertice to manage our tail-end spend. This helped us and our stakeholders to save valuble resources to focus on other priorities. Vertice not only helped us to cut costs, they are also very proactive and regularly come up with insights and recommendations to optimize our SaaS stack.

We as the Procurement team especially value Vertice’s vast benchmark data which has so far been extremely accurate and helpful for our self-managed contracts. Review collected by and hosted on G2.com.

Even though Vertice has been really good in reducing our SaaS spend, some important system integrations aren't available yet. However, they have always been transparent about their roll-out plans and are actively working on new capabilities. Review collected by and hosted on G2.com.

Vertice has been great for our business. The platform has provided us with the ability to have visibility over all of our spend in one consolidated place. Contract reviews are no longer a surprise, since the platform is able to notify us of upcoming reviews to ensure that we allow enough time to negotiate the best price.

Our procurement manager from Vertice is able to achieve saving results with minimal input from the team. The user interface and workflow management tools inside the platform make it easy to submit the information the procurement team need to negotiate on your behalf. Vertice and our dedicated procurement manager has also allowed us to embded more structure and maturity into our procurement process without adding any extra overhead. Vertice are able to help organise the gathering of security documentation and completion of security questionarres so there is less administration overhead on our side

Overall, Vertice has streamlined our procurement and renewal processes and has already contributed to our cost efficiency in the few months we have been on the platform. Review collected by and hosted on G2.com.

Nothing comes to mind currently ........ Review collected by and hosted on G2.com.

Vertice has been a game-changer for Melbourne Business School, significantly improving our control over cloud computing costs. Its robust procurement capabilities have given us clear visibility and insights into our cloud spending, allowing for more strategic decision-making. The platform's contract management features have streamlined our processes, enhancing our ability to negotiate and manage vendor contracts effectively.

One of the standout benefits of Vertice is its benchmarking functionality. This has allowed us to compare our cloud contracts against industry standards, ensuring we get the best value for our investments. The intuitive interface and comprehensive features make Vertice a powerful tool in optimizing cloud operations.

Overall, Vertice has not only helped reduce our cloud costs but has also increased our contract management efficiency and provided valuable benchmarking insights. Highly recommended for any organization looking to optimize cloud procurement and management. Review collected by and hosted on G2.com.

The gap between internal capability and Vertice became very clear Review collected by and hosted on G2.com.

Vertice excels in client assistance by providing personalized and proactive support tailored to individual client needs. Their team is highly skilled in identifying and addressing challenges, ensuring seamless collaboration throughout every stage of the process. Vertice's commitment to thorough communication stands out—they maintain transparency, provide regular updates, and promptly respond to inquiries, fostering trust and clarity. This dedication ensures clients feel supported and informed, resulting in exceptional service delivery and strong, lasting partnerships. Review collected by and hosted on G2.com.

While their supporting catalogue is impressive, there are always a few key players that could be added! Review collected by and hosted on G2.com.

I like the following thins;

i. fast and direct communication with the support team and the account manager

ii. digital medium with a fairly user-friendly website and functionalities

iii. resolution and assistance in many cases in negotiating or arranging contracts

iv. help or guidance in the case of not being able to or not having access to contractual advantages

v. direct and clear messages from the team - very effective! Review collected by and hosted on G2.com.

i. limit with contract negotiations (€5k) for small ticket services some kind of service would be ideal as well

ii. not having means of payment (cards) to link the owners of the accounts and the payment of tech suppliers

iii. have a budget function to help the finance or cost control area to carry out measurements and controls Review collected by and hosted on G2.com.

Vertice covers two very important needs for our organization: the software to track our vendor and supplier engagements, and the expert Vendor Managers and Buyers to help support those engagements. At a glance, we are able to review and strategize around our upcoming SaaS renewals with ease. When it's time to begin negotiations and planning, Vertice is at the ready to either hop on the required phone calls for us, or consult us behind the scenes every step of the way. They provide valuable insights into each SaaS product we purchase, sometimes even line-by-line, and give us confidence that we are being as efficient as possible with our third party agreements. They have experience with huge swath of vendors and know the tricks of the trade that can only come with many years of buying experience. They help ensure we get the best deals possible and their teams are a pleasure to work with. Review collected by and hosted on G2.com.

The software has a lot of robust features that go relatively unused by our organization, a decent level of time commitment is required to fully utilize the software and keep everything up to date. Vertice naturally can't help with every single negotiation, so it can be a somewhat manual process to determine the boundaries of their perview, sometimes on a vendor-by-vendor basis. Review collected by and hosted on G2.com.

You can delegate your procurement workload on them and focus on planification and strategy, specially if you are shortstaffed. The integration is easy enough provided you have everything they need available and located.

Their (your) support team (extended procurement team) is top notch and the CSM is always available and helpful. Review collected by and hosted on G2.com.

Some integartions with IdP or AD need a bit of work.

I find missing some reporting or exporting tools. Review collected by and hosted on G2.com.

The team is fantastic to work with. Easy to work with, great communicators, and efficient and getting the best possible outcome when it comes to contract negotiations. Ther Vertice platform is also helpful in understand the timing of renewals and staying well ahead of when renewels are to occur. Review collected by and hosted on G2.com.

Areas Vertice can improve would be to make the process from finalization of negotiated contract to final upload to their system more efficient. Maybe Vertice can be the middle man for the Vendor being negotiated and the customer (Twin), and they hold a Docusign account or something that then provides copies to both parties once signed and then automatically stores it into the Vertice platform. We deal with lots of version control challenges and cleaning up that process will reduce that admin time. Review collected by and hosted on G2.com.