Vertice, the London-based AI procurement platform, has launched a Procure-to-Pay (P2P) functionality that extends its current Intake-to-Procure product into bill processing, purchase-order matching, spend controls and provider funds. The firm says the transfer creates a single document spanning each stage from preliminary buy request to closing settlement, giving finance and accounts payable groups unified visibility over knowledge that’s sometimes scattered throughout a number of programs.
The launch targets a selected and quantifiable inefficiency. According to a January 2026 report by World Commerce and Contracting, firms on common lose greater than 11% of contract worth after the deal is signed, by way of missed early-payment reductions and fee phrases that drift in favour of the provider. Vertice claims that prospects operating suppliers by way of the brand new P2P module have already unlocked sooner fee cycles, higher phrases or improved value forecasts for greater than 80% of these relationships.
What the platform does
The intelligence layer underpinning the P2P module is Vertice’s proprietary spend dataset, which the corporate describes as protecting $75 billion of processed spend throughout 32,000 distributors. The dataset is used to contextualise every bill and contract towards stay market pricing, serving to finance groups assess whether or not the phrases they negotiated stay aggressive and the place a provider is probably going to settle for renegotiation. AI brokers deal with the operational layer: classifying invoices, extracting knowledge, reconciling towards buy orders and contract phrases, and appending general-ledger codes and audit trails.
Eldar Tuvey, chief government and co-founder of Vertice, mentioned the core downside is one in all visibility. “Finance teams can’t protect value if all they can see is a PO and an invoice,” he mentioned. “We are giving Finance the visibility, context and automation they need to easily plug these leaks.”
Patrick Reymann, analysis director for procurement purposes and brokers at IDC, mentioned extending the dataset to the fee layer was a logical development from Vertice’s current positioning. IDC named Vertice a Leader in its 2026 MarketScape for worldwide AI-enabled spend orchestration.
Market context
The procure-to-pay software program market is well-populated. Established enterprise useful resource planning distributors bundle P2P modules as a part of broader finance suites, whereas devoted procurement platforms together with Coupa, Ivalua and Zip have competed on workflow automation and provider community depth. The differentiator Vertice is staking is the proprietary benchmark dataset: the argument is that figuring out what different patrons pay the identical vendor is price greater than workflow automation alone, as a result of it shifts the negotiating posture somewhat than merely streamlining the paperwork.
That declare is believable however is dependent upon dataset high quality, protection breadth and recency, none of which Vertice has opened to impartial audit. The 80% provider enchancment determine is an early-customer metric somewhat than a managed research, and the absence of an outlined baseline makes it troublesome to assess. Buyers evaluating the platform will need to perceive the seller protection inside their very own spend classes earlier than committing.
The industrial case is sharpened by the present macro setting. With borrowing prices nonetheless elevated relative to the pre-2022 cycle, treasury and procurement groups are below strain to optimise working capital actively somewhat than passively. Early-payment low cost seize and dynamic payment-term administration are easy levers, and automating them on the bill degree removes the guide reconciliation overhead that sometimes prevents finance groups from performing on them at scale.
Named prospects together with ARM, Brex, Duolingo, Twilio and Santander lend credibility to the enterprise positioning. The Financial Times recognised Vertice because the UK’s fastest-growing scale-up, although the standards and 12 months of that designation weren’t specified within the launch. Vertice operates throughout six places of work together with New York, Sydney and Johannesburg, and says its platform is utilized in greater than 100 nations. Procure-to-Pay is on the market instantly as a part of the core platform.
AI degree 1 of 5: written by Darlyn Ho; AI helped with tone, construction or wording; edited and signed off by Mark Walker, Editorial Director. What the levels mean
