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Vertice Procure-to-Pay: Intro video
Vertice Procure-to-Pay
By bringing intake-to-procure and procure-to-pay together, Vertice can link contracts and negotiation insights with invoices in a single record. This helps teams assess whether a payment reflects the price and terms agreed with a supplier, without having to move between contract management systems, email and ERP platforms.
Johan explains that organisations may traditionally need to consult a contract lifecycle management system for the agreement, search emails for negotiation details and then access an ERP system to check the invoice.
“ Traditionally, a company may have had to go to a CLM to get the contract, look in emails to get the insights from the negotiation, go to an ERP solution to get the invoice, and try and muddle through that data to really understand one, whether they’ re getting value for money, and two, whether the invoice is correct.”
Vertice aims to bring that information together, giving teams a clearer view of the agreement behind a transaction and helping them identify discrepancies between what was negotiated and what is being paid.
The approach also reflects Johan’ s wider argument that P2P should be considered as an end-to-end process rather than a series of separate transactions.
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