New and Press

Vertice launches powerful new usage analytics and discovery tools

Updates to Vertice’s SaaS purchasing platform help businesses map their tech stack and identify under-utilized subscriptions
Feb 02, 2023
3 min read

LONDON, UK—Vertice, a rapidly-growing software company that helps businesses optimize their SaaS purchasing, today introduced Usage Analytics to its platform, adding new features and insights for customers to make their technology stacks more cost effective. The Usage Analytics features are being rolled out to Vertice customers throughout early 2023 and are designed to give leaders the tools they need to better understand license utilization, product adoption and tool duplication, as well as provide visibility into the entire organization’s SaaS stack.

Vertice research shows that 33% of all business software licenses are largely untouched, with 16% of users assigned software licenses on a tier beyond their actual requirements. This represents a substantial waste in annual software expenditure. The typical business spends more than $4,500 per year on SaaS for each employee, meaning roughly $1,500 per employee is spent on unnecessary tooling. On a larger scale, this level of overspend in a 1,000-person company would mean there is an opportunity for seven-figure cost savings on their annual SaaS contract renewals.

“In an uncertain economic climate, especially for technology-centered companies, the ability to cut SaaS spend by over $1m is hugely appealing,” said Eldar Tuvey, Vertice’s CEO and cofounder.

With Usage Analytics, Vertice customers can compare their purchased licenses with real usage information of those products from employees, enabling better understanding of their return on investment. This data equips IT, finance and department managers with the means to identify and eliminate unnecessary products and subscriptions, helping to reduce unnecessary spend. Eliminating ‘shelfware’ is not the only benefit to these updates. Vertice’s new Discovery feature allows companies to automatically map their SaaS stacks, seamlessly and cleanly showcasing the many dozens of products being accessed by staff — including those that leadership may not be aware of.

To learn more about these updates, read the announcement on Vertice’s InsideSaaS blog here.


About Vertice
Vertice is a leading SaaS purchasing platform that helps businesses save on and optimize their annual software expenditure. Leveraging extensive data intelligence covering thousands of live SaaS transactions, Vertice utilizes SaaS procurement expertise to negotiate new purchases and renewals on behalf of its customers. The solution streamlines the entire software purchasing process and provides finance leaders with full visibility into their SaaS stacks, incorporating automated purchasing workflows, granular usage analytics, insights into legal terms, compliance and security considerations, as well as support for cloud cost optimization. Vertice is headquartered in London with offices in Brno, New York and Tel Aviv. For more information, please visit



Keep reading
New cG9zdDoxODI1NA==
Runaway cloud spending frustrates finance execs: Vertice
Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.
New cG9zdDoxMjM2MA==
Software Spend Is Surging: What Can A Business Do?
Unlike anywhere else across our economy, the cost of software has soared. How can businesses ensure they are leveraging the right tools for the job while avoiding hidden, unexpected and rising costs?
New cG9zdDoxMDA2OA==
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.
New cG9zdDoxMDAxMg==
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.