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Easy and fast service with Vertice
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.
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Spend Optimization for SaaS
What do you like best about the product?
They have helped us gain clarity on our SaaS spending and have also saved us money by negotiating on our behalf.
Vertice offers an easy-to-use platform, and their customer support is excellent.
Vertice offers an easy-to-use platform, and their customer support is excellent.
What do you dislike about the product?
For smaller businesses or those with minimal SaaS usage, Vertice's pricing model may not offer significant savings compared to the cost of using the service itself.
What problems is the product solving and how is that benefiting you?
Vertice helps us manage our tools and negotiates better pricing on our behalf.
Savings with Guarantee
What do you like best about the product?
Their product just make sense. It comes as a perfect example of win-win strategy.
What do you dislike about the product?
Vertice Sales representatives exchanged few times during the acquisition and it slowed down the discussions.
What problems is the product solving and how is that benefiting you?
Negotiations of prices and terms and conditions for our software procurement. It saves a lot of time while getting very good conditions.
Smooth and successful negotiation process and outcome
What do you like best about the product?
We partnered with Vertice to handle a challenging SaaS tool renewal, which involved negotiating a steep quote increase. Vertice took full control of the negotiations, managing everything with professionalism and ease. In the end, they helped us save 37% off the list price—an outcome far beyond what we could have achieved on our own.
What do you dislike about the product?
We encountered no downsides throughout the engagement.
What problems is the product solving and how is that benefiting you?
Vertice helped save us save 37% off the list price for the initial offer that we received from the vendor.
Taking the burden of supplier commercials
What do you like best about the product?
They have expertise and insight into supplier costs that we will never have internally.
What do you dislike about the product?
No serious concerns. It has taken some effort to shape the service to fit the business.
What problems is the product solving and how is that benefiting you?
We are tight on internal resourse and sometimes do not have the time needed to look at supplier commercials.
since the start the experience has been easy and effective.
What do you like best about the product?
They take a bit of a busniess's time but they deliver a good impact.
What do you dislike about the product?
not much to says here since i don't do sales work.
What problems is the product solving and how is that benefiting you?
spending too much money no a tool that does not have much impact on the business or not worth as much.
Efficient and Outstanding support
What do you like best about the product?
I've been thoroughly impressed with the efficiency of the Vertice platform. It operates seamlessly, allowing me to complete tasks quickly and effectively without any unnecessary complications. The interface is intuitive, making navigation smooth, even for someone who isn’t a tech expert. The box upload is my absolute favourite and time saving. The team was incredibly helpful, offering clear, concise solutions that resolved my issues promptly.
What do you dislike about the product?
There were a few hiccups initially with the system, but was quickly resolved thanks to the slack channel and quick responses by the team.
What problems is the product solving and how is that benefiting you?
It's helping in centralizing all our contracts. This initiative is crucial for streamlining our procurement processes and optimizing costs across the organization.
Financial user quite satisfied with vertice's service
What do you like best about the product?
I like the following thins;
i. fast and direct communication with the support team and the account manager
ii. digital medium with a fairly user-friendly website and functionalities
iii. resolution and assistance in many cases in negotiating or arranging contracts
iv. help or guidance in the case of not being able to or not having access to contractual advantages
v. direct and clear messages from the team - very effective!
i. fast and direct communication with the support team and the account manager
ii. digital medium with a fairly user-friendly website and functionalities
iii. resolution and assistance in many cases in negotiating or arranging contracts
iv. help or guidance in the case of not being able to or not having access to contractual advantages
v. direct and clear messages from the team - very effective!
What do you dislike about the product?
i. limit with contract negotiations (€5k) for small ticket services some kind of service would be ideal as well
ii. not having means of payment (cards) to link the owners of the accounts and the payment of tech suppliers
iii. have a budget function to help the finance or cost control area to carry out measurements and controls
ii. not having means of payment (cards) to link the owners of the accounts and the payment of tech suppliers
iii. have a budget function to help the finance or cost control area to carry out measurements and controls
What problems is the product solving and how is that benefiting you?
Group all or most of the tech and simulated supplier contracts we have in the company, assigned by a manager. This gives us control of our supplier portfolio, contract status and costs.
It also helps us to search for and compare the best solutions on the market and potential improvements in services and costs.
It also helps us to search for and compare the best solutions on the market and potential improvements in services and costs.
Saving your time, to focus in what is important for you
What do you like best about the product?
From the beginning, it has given us the opportunity to save time in managing the most important SaaS for the business, which means we can focus on more important things. It has provided us with a series of steps and advice that we are already implementing in the following negotiations and we will continue to see how this agreement evolves.
What do you dislike about the product?
Currently we have not had enough time to be able to give a negative opinion or point to improve.
What problems is the product solving and how is that benefiting you?
Mainly it is the reduction in time that we obtain by delegating this work to people more expert than us.
Vendor Management Experts with Robust Software
What do you like best about the product?
Vertice covers two very important needs for our organization: the software to track our vendor and supplier engagements, and the expert Vendor Managers and Buyers to help support those engagements. At a glance, we are able to review and strategize around our upcoming SaaS renewals with ease. When it's time to begin negotiations and planning, Vertice is at the ready to either hop on the required phone calls for us, or consult us behind the scenes every step of the way. They provide valuable insights into each SaaS product we purchase, sometimes even line-by-line, and give us confidence that we are being as efficient as possible with our third party agreements. They have experience with huge swath of vendors and know the tricks of the trade that can only come with many years of buying experience. They help ensure we get the best deals possible and their teams are a pleasure to work with.
What do you dislike about the product?
The software has a lot of robust features that go relatively unused by our organization, a decent level of time commitment is required to fully utilize the software and keep everything up to date. Vertice naturally can't help with every single negotiation, so it can be a somewhat manual process to determine the boundaries of their perview, sometimes on a vendor-by-vendor basis.
What problems is the product solving and how is that benefiting you?
Vertice helps us with vendor management, contract lifecycle management, procurement, pricing / benchmarking, and provides the software for us to keep our renewals organized. This includes storage of contracts, agreements and terms, and other items that need organization and tracking on a continuous basis.
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