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Vertice

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Company health

Employee growth
34% increase in the last year
Web traffic
4% increase in the last quarter
Financing
August 2024 - $101M

Ratings

G2
4.5/5
(75)
Glassdoor
4.2/5
(24)

Vertice description

Vertice helps companies save money on their software and cloud computing costs. Their platform provides a clear view of your company's spending on these services and uses automation to find savings, like negotiating better deals. Vertice claims it can typically save companies 20-30% on their software and cloud bills. This makes it easier for businesses to stay within budget.


Who is Vertice best for

We find that Vertice is an excellent solution for finance and procurement leaders looking to optimize their SaaS and cloud spending. Users appreciate the intuitive platform, excellent onboarding, and proactive account management. Vertice helps companies save money, provides valuable data, and acts as an extension of the internal team.

  • Best for small to medium-sized businesses seeking better visibility and control over SaaS and cloud spending.

  • In our experience, Vertice is a great fit for companies in software, IT, and telecommunications looking to optimize their cloud spend.


Vertice features

Supported

Centralized Spend Management: Centralized SaaS and Cloud Spend Management: Vertice provides a single platform to manage all SaaS and cloud spending, offering real-time visibility and cost-saving opportunities.

Supported

Automated Cost Savings: Automated Cost Savings: Vertice automatically identifies and executes cost-saving opportunities across SaaS and cloud resources.

Supported

Real-time Visibility and Analytics: Real-time Visibility and Analytics: Vertice offers comprehensive dashboards and reporting tools to track SaaS and cloud spending, usage, and trends, enabling data-driven decisions.

Supported

Workflow Automation: Workflow Automation: Vertice automates tasks and workflows related to SaaS and cloud management, streamlining processes and reducing manual effort.

Supported

Spend Optimization: SaaS and Cloud Spend Optimization: Vertice helps organizations optimize their spending on SaaS and cloud resources, identifying areas for cost reduction and efficiency improvements.

Supported

Automated Renewal Management: Automated Renewal Management: Vertice automates the process of managing SaaS and cloud contract renewals, ensuring timely and cost-effective negotiations.

Supported

Procurement Integration: Integration with Procurement Systems: Vertice integrates seamlessly with existing procurement systems, ensuring data consistency and efficient spend management across the organization.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly positive
+0.84

Customer Service

Strongly positive
+0.92

Ease of Use

Strongly positive
+1

Reliability and Performance

Strongly positive
+0.76

Ease of Implementation

Rather positive
+0.6

Vertice reviews

We've summarised 75 Vertice reviews (Vertice G2 reviews) and summarised the main points below.

Pros of Vertice
  • Excellent onboarding experience and ongoing support
  • Intuitive platform and easy to use
  • Helps save money on SaaS spend and procurement
  • Provides valuable benchmarking data and market insights
  • Proactive account management and helpful team, acting as an extension of the internal team
Cons of Vertice
  • Platform can be slow to load
  • Not clear how well it handles contracts with variable usage charges
  • Workflow platform not easy to use, user guides are missing
  • Limited integration with other systems like P2P or CLM

Vertice pricing

The commentary is based on 53 reviews from Vertice G2 reviews.

We find Vertice's pricing model generally well-received, with many users highlighting significant cost savings on SaaS procurement and renewals. While some mention an upfront payment, the overall sentiment points to a positive return on investment.

Users sentiment

Strongly positive
+0.84

See the Vertice pricing page.

Standard
$35,000

For businesses with an annual SaaS spend between $250,000 and $1 million.

Professional
$55,000

For businesses with an annual SaaS spend between $1 million and $2.5 million.

Premium
$90,000

For businesses with an annual SaaS spend between $2.5 million and $5 million.

Enterprise
$155,000

For businesses with an annual SaaS spend of $5 million or more.


Vertice alternatives

  • Logo of Torii
    Torii
    Control SaaS chaos. Automate workflows. Optimize spend.
    Read more
  • Logo of Cledara
    Cledara
    Manage and control all your software subscriptions in one place.
    Read more
  • Logo of Zluri
    Zluri
    Discover, manage, and optimize SaaS spending. Gain control.
    Read more
  • Logo of Welii
    Welii
    Tames software spending chaos, reveals savings, simplifies management.
    Read more
  • Logo of ProsperOps
    ProsperOps
    Automated cloud savings, no upfront cost, guaranteed ROI.
    Read more
  • Logo of Spendbase
    Spendbase
    Control software spend, find savings, and simplify procurement.
    Read more

Vertice FAQ

  • What is Vertice and what does Vertice do?

    Vertice is a SaaS and cloud cost optimization platform. We find it helps companies gain control over their software spending, automate cost savings, and manage renewals. It's ideal for small to medium-sized businesses looking to reduce their software and cloud bills.

  • How does Vertice integrate with other tools?

    Vertice integrates with existing procurement systems for consistent data and efficient spend management. However, users have noted limited integration with other tools like P2P or CLM systems. We believe this is an area for potential improvement.

  • What the main competitors of Vertice?

    We find that Vertice's main competitors are Torii, Cledara, Zluri, Welii, ProsperOps, and Spendbase. They all offer various software and cloud cost optimization solutions, each with its own strengths and weaknesses.

  • Is Vertice legit?

    Yes, Vertice is a legitimate company. We find that their platform helps businesses manage software and cloud costs, often saving them money. They have positive ratings on G2 and Glassdoor, and are generally well-regarded by users.

  • How much does Vertice cost?

    Vertice pricing tiers are based on your annual SaaS spend. Standard is $35,000 (for $250,000 - $1 million SaaS spend), Professional is $55,000 (for $1 million - $2.5 million), Premium is $90,000 (for $2.5 million - $5 million), and Enterprise is $155,000 (for $5 million+). Contact them for custom pricing.

  • Is Vertice customer service good?

    We find that Vertice's customer service is highly regarded. Users consistently praise the responsiveness, helpfulness, and expertise of the Vertice team, describing them as friendly, efficient, and proactive. Many users feel that the team acts as an extension of their own internal team.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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