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Introducing Procure-to-Pay
In most companies the people who pay the bills are the last to know any information about them.
We're fixing that with Procure-to-Pay.
It fuses the worlds of both finance and procurement, so that invoices are no longer separated from the information, data and conversations that created the purchase.
It can:
- Create purchase orders from approved requests
- Capture, extract and code invoices with AI
- Flag discrepancies before payment, with a full audit trail
- Show budget position at the point of approval
- Show the full context of any purchase behind the invoice, including negotiated rates and contract terms
And because contracts are negotiated in Vertice, with Procure-to-Payevery invoice is checked against the purchase order, the contract and the negotiated rate, backed by $75bn of processed spend across 32,000+ vendors and 2M+ price points.
Our VP of Product Strategy, Johan Mills, talks you through it.
About the speakers
In This Video
Johan Mills is VP of Product Strategy at Vertice. He has worked in procurement for more than a decade, most recently spending seven years at Thoughtworks, where he built the global procurement function from scratch and led procurement and business operations. Before that, he ran strategic procurement programmes for Liberty Global and PA Consulting, working across London, New York and Abu Dhabi. At Vertice, he draws on his years as a buyer to shape the product, with a particular focus on how AI can help procurement teams work faster and make better-informed decisions.
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