Senior finance & tech leaders stuck in contract management merry-go-round

Investment led by 83North and Bessemer Venture Partners follows 7x ARR growth in 2023.

Eldar Tuvey, CEO and co-founder of spend management platform Vertice, sat down with The FinTech Times to give his predictions on AI trends.

Following a tough economic year, firms need all the help they can get to afford these technologies as they become a crucial part of their infrastructure. Tackling this issue is Vertice.

Vertice named as one of the UK's fastest-growing startups for 2024.

Eldar Tuvey, CEO and founder of Vertice, shares his predictions for cloud spending in 2024.

Software inflation in 2023 has outpaced UK consumer inflation for the first time, hitting a high of 8.7%. This data was reported by Vertice, the SaaS and cloud spend optimization platform, and significantly exceeds the UK's Consumer Price Index (CPI) inflation, which is at 6.7%.

Vertice is proud to feature in TechRound's shortlist of the UK and Europe's most innovative SaaS companies and initiatives.

Vertice has been named one of the definitive 100 pioneering digital procurement solutions in the ProcureTech100.

Vertice, which provides a cloud and SaaS cost optimization platform, pegged the 2023 SaaS inflation rate at 8.7%. The company's annual SaaS Inflation Index, published this week, noted that nearly three-quarters of software vendors raised prices over the past 12 months.