AI Procurement Software

Delivering intelligence into your workflows

Native AI embedded directly in your processes and powered by data from millions of procurement interactions with vendors. Our agentic workflows eliminate manual tasks and deliver insights and recommendations for your procurement.

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Trusted by finance and procurement leaders

Our AI agent extends your team

70+ specific procurement tasks, from compliance to benchmarking.
From intake to signing.

Simple

Identifies and deploys the most appropriate agents for your task.

Active recommendations

Extract and serve the key details from requests, contracts, tasks and communication channels into clear snapshots for your buyers.

Embedded

Built seamlessly into your processes, adapting to your goals, context and past actions.

Data-powered

Knows your processes, policies and history inside-out and backed by the world's largest knowledge base of vendor data and insights.

No more manual data entry

Automatically extract key details from contracts and invoices, including vendor, start date, contract type, and pricing.

Completes 70+ procurement tasks

Trained on the most advanced reasoning models to guide and accelerate every stage of the purchasing cycle.

Contract Review

Quickly surface contract details like pricing, usage limits, and obligations, without needing to read through every page.

Risk Assessment

Ensure every vendor's adherence to your internal policies and regulations.

Consolidation

Discover the secrets of your entire software stack, spot upcoming renewals early and overlapping subscriptions that could be consolidated.

Renewal Insight

Understand what your renewal really looks like, with market vendor insights and summaries.

Negotiation Tactics

Generate custom negotiation playbooks on demand – ask AI “How should I counter this offer?”

Benchmarking

Compare any quote with the market’s leading pricing data to pinpoint savings and secure stronger terms before signing.

AI is only as good as the data behind it

Vertice AI is fine-tuned and trained on:

35k+

Human-negotiated contracts

16k+

Vendors' pricing benchmarks & insights

$10bn

Processed spend

Get all the benefits without disrupting your workflow

We integrate with all major finance ERPs, contract management systems, ticketing, messaging, and SSO providers.

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See how simple procurement can be

Let us show you how to halve your cycles and cut costs by 20%.

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The need-to-knows about Vertice

What is AI procurement software and what are the most common use cases?

AI procurement software leverages artificial intelligence and machine learning to help organizations streamline purchasing, optimize spend, and surface actionable data that enables smarter and more profitable procurement decisions.

Common use cases include:

Spend analysis and optimization: AI procurement platforms will categorize and analyze spend data to identify cost-saving opportunities and pinpoint overspending.‍
Supplier risk management: The right AI purchasing software will assess vendors and contracts for compliance and potential risks, helping teams identify issues early and make more informed decisions.‍
Contract management: AI extracts key contracts terms, obligations, and renewal dates, while flagging high-risk clauses.‍
Renewal management: AI alerts teams to upcoming contract renewals and identifies opportunities to consolidate or renegotiate services.
Workflow efficiency: Procurement AI can identify areas of inefficiency in workflows procurement processes, and make recommendations or even automatically resolve ‍
Negotiation support: Procurement AI tools can interrogate vast benchmark and vendor intelligence datasets to surface savings opportunities and the most powerful negotiation levers, helping strengthen procurement negotiations, and drive better contract outcomes.

How can Vertice's AI agent improve procurement processes?

Vertice AI streamlines procurement by automating manual tasks, extracting key contract data, and proactively flagging renewals, risks, and savings opportunities. It uses benchmark data and vendor intelligence from more than 16,000 software vendors globally to provide tailored negotiation guidance and smarter decision-making.

By reducing administrative work and enhancing insight, Vertice helps procurement teams move faster, improve accuracy, and focus on higher-value strategic activities.

What makes Vertice AI different from other AI procurement tools?

AI is only as good as the data behind it. While there are a number of AI procurement software solutions on the market, many lack the deep commercial data needed to drive procurement intelligence.

Vertice AI is different. Vertice AI is powered by:

More than 50 data sources, including the world's largest knowledgebase of global SaaS benchmarking data and vendor insights, covering over 16,000 vendors around the world and more than half a million price points.
Advanced reasoning models trained by human procurement experts.
Detailed, real-time understanding of each customer's individual histories, including contracts, workflow templates, procurement cycle data, policies, priorities, approval flows, usage data, renewal timelines, and more.
A network of 50+ procurement agents working seamlessly in the background, rigorously trained on 70+ specific procurement tasks, and easily accessible through an embedded AI agent that recruits the most suitable agent or agents for the individual task.

Do AI agents replace procurement teams?

Not at all. Vertice AI acts as a procurement partner, handling repetitive tasks, surfacing insights at the exact moments they’re needed, and supporting decision-making so procurement teams can focus on strategic initiatives.