Vertice is the SaaS purchasing and spend management platform that saves businesses money and time by removing the burden of buying, renewing, and managing software. With Vertice, you'll gain full visibility into your SaaS stack, streamline your contract approval process, identify ways to optimize costs, and benefit from guaranteed savings.
Overview
Vertice is the SaaS purchasing and spend management platform that streamlines the process of buying, renewing and managing software, providing businesses with total visibility of their SaaS stack while saving them a substantial amount of time and money.
Vertice leverages extensive pricing intelligence from a database of more than 16,000 software providers and a team of commercial negotiators to secure the best possible price and terms on any contract, providing guaranteed cost savings.
Through the platform, businesses obtain complete oversight of the tools that exist within their stack and the terms of each contract alongside the renewal deadlines.
The platform has built-in diligence insights that minimizes the burden on legal, security and compliance teams during contracting. This feature compares contract terms with industry benchmarks and facilitate completion of custom security questionnaires by the vendor.
Businesses can also instantly identify over-provisioned or duplicated tools, enabling them to right-size their software portfolio and further save on their SaaS spend. Please reach out to aws-marketplace-private-offers@vertice.one to initiate a private offer.
Highlights
- SaaS Purchasing : Vertice combines extensive SaaS knowledge with the pricing points and transactional data across more than 16,000 vendors worldwide, enabling you lock-in the best possible deal on all SaaS contracts.
- Usage and Analytics : Track real usage of your SaaS stack, highlight how many of the licenses you've purchased are actively being used, and automatically detect the tools in your entire SaaS stack.
- Diligence Insights : Minimize the burden on legal, security and compliance teams during contracting with automatically codified and summarized terms. Compare your contract terms with industry benchmarks and facilitate completion of custom security questionnaires by the vendor.
Details
Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Dimension | Description | Cost/12 months |
|---|---|---|
Standard | Starting price for customers with $250k-$1M annual SaaS Spend | $30,000.00 |
Professional | Starting price for customers with $1M-$2.5M annual SaaS Spend | $55,000.00 |
Premium | Starting price for customers with $2.5M - $5M annual SaaS Spend | $90,000.00 |
Enterprise | Starting price for customers with annual SaaS spend above $5M | $155,000.00 |
Vendor refund policy
Cost-savings guarantee
Custom pricing options
Find a fit for enterprise or unique needs with a private offer.
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .
Content disclaimer
Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.
Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
Vendor resources
Support
Vendor support
Dedicated Customer Success Manager, phone and email support, and documentation. customer-success@vertice.one
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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Customer reviews
Aïssatou S.
Expert support with a helpful platform
Reviewed on Nov 13, 2024
Review provided by G2
What do you like best about the product?
The procurement managers' expertise is what truly stands out. Their support and insights have been crucial in managing a wide range of procurement topics efficiently, making a significant impact on our processes.
What do you dislike about the product?
While the platform itself is helpful and easy to use, there are times when its features could be more tailor-made to better fit specific needs. Also it lacks integration with other systems like P2P or CLM which had an impact on the implementation (manual inputs) and the ongoing uploading of contracts.
What problems is the product solving and how is that benefiting you?
Vertice is solving the challenge of managing diverse procurement topics efficiently without the need to expand our team. Their expert procurement managers provide invaluable insights and support, helping streamline our processes and enhance decision-making. This has allowed us to cover more ground effectively and improve our procurement strategy, ultimately saving time and resources while ensuring we make well-informed purchasing decisions.
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Paul P.
Easy to use platform + easy savings
Reviewed on Oct 23, 2024
Review provided by G2
What do you like best about the product?
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.
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.
What do you dislike about the product?
Nothing comes to mind currently ........
What problems is the product solving and how is that benefiting you?
Vertice helps us to reduce our SaaS spend. They also manage a few other vendor contracts which are not strictly SaaS
The Vertice platform helps us get visibility over our spend, our upcoming renewals and helps us to ensure that we are constantly reviewing these to optmise cost.
Our procurement manager acts on our behalf to ensure that we are getting the best deal
The Vertice platform helps us get visibility over our spend, our upcoming renewals and helps us to ensure that we are constantly reviewing these to optmise cost.
Our procurement manager acts on our behalf to ensure that we are getting the best deal
Glenn B.
A Game Changer for Melbourne Business School Cloud Computing Procureement
Reviewed on Oct 16, 2024
Review provided by G2
What do you like best about the product?
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.
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.
What do you dislike about the product?
The gap between internal capability and Vertice became very clear
What problems is the product solving and how is that benefiting you?
Increasing cost of cloud services and low time to manage contract procurment and benchmarking activities
Computer Software
A Great tool. Seeing ROI within 30 days
Reviewed on Oct 02, 2024
Review provided by G2
What do you like best about the product?
The platform is very slick. Very easy to move around and everything is in one place.
What do you dislike about the product?
Could do with some more reporting features.
What problems is the product solving and how is that benefiting you?
Our main objective is to create savings on our current SAAS spend and ensure best valye for all new SAAS subcriptions moving forwards.
Elouise I.
Easy and fast service with Vertice
Reviewed on Oct 01, 2024
Review provided by G2
What do you like best about the product?
I have found Vertice really easy to work with, they take the time to understand the situation, they negotiate well, the platform works very well. It certainly helps speed up the process.
What do you dislike about the product?
I was hoping for the renewal price of one of our software to be for this year but it worked out being next year.
What problems is the product solving and how is that benefiting you?
Negotiating our ATS terms.