[
Vertice Reviews
](https://www.g2.com/products/vertice/reviews)

[
Vertice Reviews
](https://www.g2.com/products/vertice/reviews)

# Vertice Features

##### 
## Tracking (2)

Spend Tracking

Provides ability to track and/or map spending on all tools across departments with little to no manual entry.

SaaS Utilization Tracking

Continuously tracks the number of licenses in use and how often they are being utilized. Tracks usage internally or through integrated applications.

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##### 
## Management (7)

Contract Management

Provides administrative features to renew, track pricing, analyze terms, and outline expiration dates for SaaS contracts.

Application Catalog

Allows companies to select a wide variety of applications to track and manage.

Dashboards and Visualizations

Presents information and analytics in a digestible, intuitive, and visually appealing way.

Approval

Use criteria to add or remove suppliers to/from approved lists.

Communication

Manage communications with suppliers on multiple channels such as phone or email.

Documents

Capture and maintain documents related to suppliers and their products or services.

Receipt of Goods

Compare goods received with purchase orders and document variations

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##### 
## Insights (4)

Recommendations

Provides recommendations on how to improve your use of existing SaaS tools and recommendations on new SaaS tools

Spend Forecasting and Optimization

Ability to project spend based on contracts signed. Identifies redundant transactions and unnecessary costs.

Peer Benchmarking

Facilitates the comparison of your software products, costs, sentiment, and/or utilization to that of peer companies

Reporting

Creates reports outlining application utilization, cost, user sentiment, and/or functional overlap.

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##### 
## Operations (3)

Scheduling

Allows users to schedule instances, changes or other operational tasks in advance.

Automation

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.

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##### 
## Cost Optimization (3)

Spend Forecasting and Optimization

Ability to project spend based on contracts, usage trends, and predicted growth.

Recommendations

Provides use-specific recommendations regarding performance and resource utilization.

Spend Tracking

Provides ability to track and/or map spending on all cloud spend across departments with little to no manual entry.

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##### 
## Administration (3)

Reporting

Creates reports outlining resource, underutilization, cost trends, and/or functional overlap.

Dashboards and Visualizations

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.

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##### 
## Setup (3)

Data

Consolidates procurement data from multiple systems such as ERP systems and supply chain suites.

Approvals

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.

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##### 
## Performance (3)

Benchmarks

Use historical spend data to create benchmarks per company or department.

Forecasting

Provide forecasts on future trends that may impact spending performance.

Savings

Identify savings opportunities per activity, department, or at the company level.

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##### 
## Planning (4)

Processses

Manage workflows and business processes for procurement.

Contracts

Provide standard procurement contracts that can be customized.

Content

Maintain a repository of content such as catalogs and other documents.

Requisition

Define requisition rules for various types of procurement

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##### 
## Invoice Management (2)

Capture

Provide features to capture and record invoices, such as import or scanning

Supplier Portal

Allow suppliers to submit invoices using an online portal

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##### 
## Supplier Management (3)

Evaluation

Allows users to evaluate supplier performance using standard and custom KPIs.

Selection

Provide features to compare suppliers and choose the best option for various activities.

Risk Management

Identify potential issues and how they may impact relationships with suppliers.

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##### 
## Execution (3)

Sourcing

Identify and assess suppliers for different products and services.

Purchasing

Electronically create and manage purchase orders for products and services.

Invoicing

Include features for procurement invoicing and e-invoicing.

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##### 
## Invoice Processing (3)

Matching

Ability to match AP invoices to POs, contracts, or payments

Workflows

Include workflows for approvals and invoice processing

Tax Compliance

Comply with local and global tax regulations for collections

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##### 
## Supplier Information (3)

Profiles

Create and manage supplier profiles that include contact and pricing information.

Qualifications

Identify the services and products provided by suppliers, as well as certifications.

History

Track history of all interactions and business transactions with suppliers.

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##### 
## Analytics (3)

Visibility

Improve visibility into procurement activities across the company.

Performance

Monitor the performance of procurement operations

Spend

Analyze procurement spending and identify future trends.

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##### 
## Integration (4)

Accounting

Provide integration with accounting and financial management software

Payments

Integrate with payment gateways and enterprise payments software

ERP

Deliver integrations with accounting modules of ERP systems

Procurement

Allow integration with procurement software, such as Procure To Pay, RFP and Spend Management

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##### 
## Reporting (3)

Multiple Views

Reports that allow the user to sort and filter by vendor, team, GL, department, etc.

Export

The ability to export reports in various formats, such as excel, CSV, and Google Sheets

Budgets

Report on and track spending against budgets

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##### 
## Purchase Requisition and Approval Workflow - Procurement Orchestration (3)

Notifcations

Notifies users of pending approvals with alerts and notifications

Workflows

Allows for predefined approval workflows based on roles, departments, or spending limits

Purchase Orders

Automates the creation, submission, and approval of purchase requisitions

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##### 
## Supplier Management - Procurement Orchestration (3)

Tracking

Monitors supplier compliance to guidelines and standards while also managing risks

Onboarding

Provides tools for suppllier onboarding and assessing their performance

Database

Maintains a repository for storing and organizing supplier details

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##### 
## Spend Management - Procurement Orchestration (2)

Analysis

Uses tools for examining expenditures and generation reports to identify trends

Visibility

Provides real-time insight into procurement costs within categories, departments or projects

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##### 
## Compliance and Risk Management - Procurement Orchestration (2)

Risk Assessment

Uses risk assessment tools for identifying potential supplier or contract risks

Compliance

Automates the enforcement of procurement policies, regulatory requirements, and compliance checks

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##### 
## Workflow Automation - Procurement Orchestration (3)

Routing

Provides onditional routing for purchase approvals, contract reviews, and supplier selection

Configuration

Allows for flexible workflow configurations to suit specific business needs

Approvals

Adjusts approval processes based on project, department, or spending thresholds

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##### 
## 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

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##### 
## Agentic AI - Spend Management (1)

Proactive Assistance

Anticipates needs and offers suggestions without prompting

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##### 
## Agentic AI - Procurement Orchestration (1)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

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##### 
## Agentic AI - SaaS Spend Management (7)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

Multi-step Planning

Ability to break down and plan multi-step processes

Cross-system Integration

Works across multiple software systems or databases

Adaptive Learning

Improves performance based on feedback and experience

Natural Language Interaction

Engages in human-like conversation for task delegation

Proactive Assistance

Anticipates needs and offers suggestions without prompting

Decision Making

Makes informed choices based on available data and objectives

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##### 
## Agentic AI - Purchasing (1)

Decision Making

Makes informed choices based on available data and objectives

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## Top-Rated Alternatives

[

 ![Tropic](https://images.g2crowd.com/uploads/product/hd_favicon/b9c3e0817716e110ae4241f7576f358f/tropic-tropic.svg "Tropic")

Tropic

4.5/5(135)

](https://www.g2.com/products/tropic-tropic/reviews)

[

 ![Spendflo](https://images.g2crowd.com/uploads/product/hd_favicon/17721f465ab312a6df808827233bde85/spendflo.svg "Spendflo")

Spendflo

4.6/5(143)

](https://www.g2.com/products/spendflo/reviews)

[

 ![Mesh Payments](https://images.g2crowd.com/uploads/product/hd_favicon/5ae16062c8edaf47dda44fc1d26b7c07/mesh-payments.svg "Mesh Payments")

Mesh Payments

4.6/5(1,067)

](https://www.g2.com/products/mesh-payments/reviews)

[
View All Alternatives
](https://www.g2.com/products/vertice/competitors/alternatives)

Vertice Comparisons

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_b9e1bba141cd9206e0c3ad714b8054ae/vertice-vendr.png "Product Avatar Image")

Vendr

4.6/5(111)

[
Compare Now
](https://www.g2.com/compare/vertice-vendr-vs-vertice)

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_ac3b4260cb77eaae7bb111ad0d3eea71/tropic-tropic.jpg "Product Avatar Image")

Tropic

4.5/5(135)

[
Compare Now
](https://www.g2.com/compare/tropic-tropic-vs-vertice)

 ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_2dbca06b3b42b1b2f86b77ea23ff470f/spendflo.png "Product Avatar Image")

Spendflo

4.6/5(143)

[
Compare Now
](https://www.g2.com/compare/spendflo-vs-vertice)

##### Categories on G2

[
Spend Management
](https://www.g2.com/categories/spend-management)[
Purchasing
](https://www.g2.com/categories/purchasing-software)[
SaaS Spend Management
](https://www.g2.com/categories/saas-spend-management)

[
Procurement Orchestration
](https://www.g2.com/categories/procurement-orchestration)[
Cloud Cost Management
](https://www.g2.com/categories/cloud-cost-management)

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