News & Press
Friday, May 26, 2023
How to cut your SaaS spending by 30% in 2023
The current state of affairs paints a concerning picture for SaaS buyers. These would be worrying figures in any economy, but for CFOs attempting to drive growth during an economic downturn, soaring software costs should be ringing alarm bells.
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Which SaaS products are getting cut?
Joel Windels, VP of marketing at SaaS management tool Vertice, tells Sifted that while sales and marketing platforms are growing fast, many companies are now also renegotiating contracts with software providers as they try to cut costs.
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HR SaaS prices rise, especially for new implementationsThe cost of implementing new HR SaaS software is on the rise as contractor wages increase. HR software prices are going up overall, requiring sharper negotiation skills.
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Vertice launches powerful new usage analytics and discovery toolsUpdates to Vertice’s SaaS purchasing platform help businesses map their tech stack and identify under-utilized subscriptions
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Vertice Named #1 in Early-Stage UK SaaS Startups to WatchThis article profiles 50 UK-based SaaS companies to watch this year, from established firms to emerging startups innovating in this space.
READ FULL ARTICLEHow companies can slash ballooning SaaS costsAs inflation and general economic uncertainties spur C-suites to identify cost-cutting areas within their organizations, software-as-a-service (SaaS) spend is becoming a prime target.
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Over 90% of companies overpay for project collaboration software: ReportSaaS purchasing platform Vertice reports that enterprises are overpaying between an average of 20%-30% for collaboration tools.
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Getting Access to Pricing Data Could Cut Fintech Costs by 20 Per CentBusinesses are spending billions annually on their software-as-a-service (SaaS) stack while enduring countless hours of buying, renewing, negotiating and managing their services.
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Vertice named a top SaaS company in the UKTheir experience, pricing data, and intimate knowledge of the mechanics of SaaS renewals enable Vertice to streamline entire SaaS procurement processes and provide visibility to make informed business decisions.
READ FULL ARTICLEAnnouncing our $26m series A funding with launch of new platformVertice emerges from stealth with public release of its SaaS purchasing solution
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Brother duo raises $26 million to help businesses lower software spendDesigned to help businesses intelligently reduce their annual software spend by 20-30%, Vertice streamlines the purchasing process and addresses the continuous uptick in the cost of SaaS applications
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London-based startup Vertice comes out of stealth with series A fundingLondon-based SaaS purchasing platform Vertice ‘has come out of stealth’ and announced on Thursday that it has secured $26M (approximately €24.7M) in a Series A round of funding led by 83North and Bessemer Venture Partners.
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Software renewal startup Vertice emerges from stealth with £21m raiseVertice, a startup that manages businesses’ software renewals, has emerged from stealth following a $26m (£20.8m) Series A round led by 83North and Bessemer Venture Partners.
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