Vertice Features
Tracking (2)
Spend Tracking
Based on 120 Vertice reviews. Provides ability to track and/or map spending on all tools across departments with little to no manual entry.
SaaS Utilization Tracking
As reported in 118 Vertice reviews. Continuously tracks the number of licenses in use and how often they are being utilized. Tracks usage internally or through integrated applications.
Management (6)
Contract Management
Provides administrative features to renew, track pricing, analyze terms, and outline expiration dates for SaaS contracts. This feature was mentioned in 120 Vertice reviews.
Application Catalog
Allows companies to select a wide variety of applications to track and manage. 117 reviewers of Vertice have provided feedback on this feature.
Dashboards and Visualizations
Based on 120 Vertice reviews. Presents information and analytics in a digestible, intuitive, and visually appealing way.
Approval
Use criteria to add or remove suppliers to/from approved lists. This feature was mentioned in 55 Vertice reviews.
Documents
Capture and maintain documents related to suppliers and their products or services. This feature was mentioned in 55 Vertice reviews.
Receipt of Goods
Based on 49 Vertice reviews. Compare goods received with purchase orders and document variations
Insights (4)
Recommendations
Provides recommendations on how to improve your use of existing SaaS tools and recommendations on new SaaS tools This feature was mentioned in 114 Vertice reviews.
Spend Forecasting and Optimization
Ability to project spend based on contracts signed. Identifies redundant transactions and unnecessary costs. This feature was mentioned in 115 Vertice reviews.
Peer Benchmarking
As reported in 115 Vertice reviews. Facilitates the comparison of your software products, costs, sentiment, and/or utilization to that of peer companies
Reporting
As reported in 116 Vertice reviews. Creates reports outlining application utilization, cost, user sentiment, and/or functional overlap.
Operations (3)
Scheduling
Based on 18 Vertice reviews. Allows users to schedule instances, changes or other operational tasks in advance.
Automation
As reported in 19 Vertice reviews. Efficiently scales resource usage to optimize spend whith increased or decreased resource usage requirements.
Usage Monitoring
Tracks infrastructure resource needs and alerts administrators or automatically scales usage to minimize waste. 19 reviewers of Vertice have provided feedback on this feature.
Cost Optimization (3)
Spend Forecasting and Optimization
Based on 19 Vertice reviews. Ability to project spend based on contracts, usage trends, and predicted growth.
Recommendations
Based on 19 Vertice reviews. Provides use-specific recommendations regarding performance and resource utilization.
Spend Tracking
Based on 18 Vertice reviews. Provides ability to track and/or map spending on all cloud spend across departments with little to no manual entry.
Administration (3)
Reporting
Based on 19 Vertice reviews. Creates reports outlining resource, underutilization, cost trends, and/or functional overlap.
Dashboards and Visualizations
Based on 19 Vertice reviews. Presents information and analytics in a digestible, intuitive, and visually appealing way.
Compliance
Helps companies ensure they meet their industry-specific compliance needs for data management and privacy standards. This feature was mentioned in 19 Vertice reviews.
Setup (3)
Data
Based on 27 Vertice reviews. Consolidates procurement data from multiple systems such as ERP systems and supply chain suites.
Approvals
Based on 27 Vertice reviews. Define rules and workflows that managers can use to approve different kinds of spending.
Alignment
Align spending across various departments such as procurement and accounting. This feature was mentioned in 27 Vertice reviews.
Performance (3)
Benchmarks
Use historical spend data to create benchmarks per company or department. 26 reviewers of Vertice have provided feedback on this feature.
Forecasting
Provide forecasts on future trends that may impact spending performance. This feature was mentioned in 25 Vertice reviews.
Savings
Identify savings opportunities per activity, department, or at the company level. This feature was mentioned in 26 Vertice reviews.
Planning (4)
Processses
As reported in 53 Vertice reviews. Manage workflows and business processes for procurement.
Contracts
Based on 49 Vertice reviews. Provide standard procurement contracts that can be customized.
Content
As reported in 50 Vertice reviews. Maintain a repository of content such as catalogs and other documents.
Requisition
Define requisition rules for various types of procurement 49 reviewers of Vertice have provided feedback on this feature.
Invoice Management (2)
Capture
Provide features to capture and record invoices, such as import or scanning This feature was mentioned in 47 Vertice reviews.
Supplier Portal
Allow suppliers to submit invoices using an online portal This feature was mentioned in 46 Vertice reviews.
Supplier Management (3)
Evaluation
Allows users to evaluate supplier performance using standard and custom KPIs. 47 reviewers of Vertice have provided feedback on this feature.
Selection
Provide features to compare suppliers and choose the best option for various activities. 45 reviewers of Vertice have provided feedback on this feature.
Risk Management
Identify potential issues and how they may impact relationships with suppliers. This feature was mentioned in 45 Vertice reviews.
Execution (3)
Sourcing
Identify and assess suppliers for different products and services. This feature was mentioned in 49 Vertice reviews.
Purchasing
Electronically create and manage purchase orders for products and services. 45 reviewers of Vertice have provided feedback on this feature.
Invoicing
Include features for procurement invoicing and e-invoicing. 44 reviewers of Vertice have provided feedback on this feature.
Invoice Processing (3)
Matching
As reported in 44 Vertice reviews. Ability to match AP invoices to POs, contracts, or payments
Workflows
Based on 46 Vertice reviews. Include workflows for approvals and invoice processing
Tax Compliance
Comply with local and global tax regulations for collections This feature was mentioned in 44 Vertice reviews.
Supplier Information (3)
Profiles
Create and manage supplier profiles that include contact and pricing information. 46 reviewers of Vertice have provided feedback on this feature.
Qualifications
Identify the services and products provided by suppliers, as well as certifications. This feature was mentioned in 44 Vertice reviews.
History
Based on 43 Vertice reviews. Track history of all interactions and business transactions with suppliers.
Analytics (3)
Visibility
Improve visibility into procurement activities across the company. 48 reviewers of Vertice have provided feedback on this feature.
Performance
Monitor the performance of procurement operations This feature was mentioned in 45 Vertice reviews.
Spend
Analyze procurement spending and identify future trends. 46 reviewers of Vertice have provided feedback on this feature.
Integration (4)
Accounting
Provide integration with accounting and financial management software This feature was mentioned in 43 Vertice reviews.
Payments
Integrate with payment gateways and enterprise payments software 43 reviewers of Vertice have provided feedback on this feature.
ERP
Deliver integrations with accounting modules of ERP systems 44 reviewers of Vertice have provided feedback on this feature.
Procurement
As reported in 44 Vertice reviews. Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management
Reporting (3)
Multiple Views
Reports that allow the user to sort and filter by vendor, team, GL, department, etc. This feature was mentioned in 24 Vertice reviews.
Export
The ability to export reports in various formats, such as excel, CSV, and Google Sheets This feature was mentioned in 24 Vertice reviews.
Budgets
As reported in 23 Vertice reviews. Report on and track spending against budgets
Agentic AI - Cloud Cost Management (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Spend Management (1)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - SaaS Spend Management (7)
Autonomous Task Execution
Capability to perform complex tasks without constant human input This feature was mentioned in 15 Vertice reviews.
Multi-step Planning
Ability to break down and plan multi-step processes 15 reviewers of Vertice have provided feedback on this feature.
Cross-system Integration
As reported in 14 Vertice reviews. Works across multiple software systems or databases
Adaptive Learning
Based on 15 Vertice reviews. Improves performance based on feedback and experience
Natural Language Interaction
Engages in human-like conversation for task delegation This feature was mentioned in 15 Vertice reviews.
Proactive Assistance
As reported in 15 Vertice reviews. Anticipates needs and offers suggestions without prompting
Decision Making
As reported in 16 Vertice reviews. Makes informed choices based on available data and objectives
Agentic AI - Purchasing (2)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
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