VERTICE
Procurement orchestration
In 2024 , to help procurement teams accelerate their maturity and deliver strategic impact quicker , Vertice launched Intelligent Workflows , a procurement orchestration tool built to simplify and accelerate purchasing processes and ease the manual burden on busy procurement teams .
Intelligent Workflows introduces smart , pre-emptive decision-making into the procurement process – including automated pre-approvals , routing and simplified but accurate compliance – and granular control and visibility into every ongoing purchase , renewal and intake .
The topic of orchestration is dominating conversations around procurement and Eldar is of the same opinion that 2025 will be the year of orchestration .
“ We ’ ve got a lot of procurement leaders who rely on our software and our services ,” says Eldar . “ The uptake of workflows is almost universal across our customer base .
Eldar believes his platform “ brings something better to our customers than our competitors can .” This belief comes from the data and the capabilities Vertice offers to assist its users with their purchasing as opposed to “ just offering a kind of operating system .”
It ’ s backed up with the numbers , as Vertice workflows have consistently more than halved purchasing cycles and curtailed maverick spending , while reducing SaaS and cloud costs by as much as 30 %.
“ I think you need both and having automated orchestration without the data and someone helping you use it is getting you nearly there , but not all the way ,” he adds .