Procurement Magazine March 2025 | Page 24

VERTICE
intelligence , pricing benchmarks on more than 16,000 vendors , peer insights , usage analytics and more . With the help of AI and machine learning , this is delivered as practical insights at the right moment within the workflow itself .
A single solution Eldar says modern procurement teams often encounter numerous , disconnected solutions that purport to solve individual problems , but no single platform that finds root causes while providing visibility , control and simplicity .
Vertice saw this inconvenient reality as an opportunity to become procurement ’ s backbone .
“ We spent a lot of time building what we think is the best and most flexible solution that exists and we think we were in a unique position to build it ,” Eldar goes on .
“ No one else can match our combination of data , heritage in SaaS and cloud spend optimisation – two of the largest areas of spend in any organisation – and our product development . By bringing these together , we have created a unified procurement platform that goes right to the core of procurement leaders ’ daily challenges .”
Roy Tuvey ( left ) and Eldar Tuvey ( right ), Co-Founders , Vertice
24 March 2025