55. Vertice

Company: Vertice

Founders: Eldar Tuvey & Roy Tuvey

Website: https://www.vertice.one/

Description: A SaaS purchasing platform that gives finance leaders cost control, efficiency and flexibility.

 

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About Vertice

The Vertice platform exists to fulfill two primary objectives for enterprise customers: to save their business substantial amounts of money, and to save their key leaders substantial amounts of time. The SaaS purchasing platform spans procurement through to approvals, enabling finance leaders to gain more control, efficiency and flexibility.

“The original premise of moving software to the cloud or on demand was to reduce complexity, cost and effort. Increasingly though, the sheer number of cloud services that the modern enterprise uses has made renewing, managing and controlling these SaaS services burdensome and expensive.

If these struggles sound familiar, you’re not alone. We’ve spoken with thousands of businesses around the world to understand these challenges, and we can summarize the findings in one sentence: the way SaaS is purchased today is long overdue for modernization.”

Their team has negotiated over $300 million in SaaS purchases across more than 10,000 contracts. Their experience, pricing data, and intimate knowledge of the mechanics of SaaS renewals enable Vertice to streamline entire SaaS procurement processes and provide visibility to make informed business decisions.

 

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