Vertice, the London-based AI procurement platform, has launched a Procure-to-Pay (P2P) capability that extends its existing Intake-to-Procure product into invoice processing, purchase-order matching, spend controls and supplier payments. The company says the move creates a single record spanning every stage from initial purchase request to final settlement, giving finance and accounts payable teams unified visibility over data that is typically scattered across multiple systems.
The launch targets a specific and quantifiable inefficiency. According to a January 2026 report by World Commerce and Contracting, companies on average lose more than 11% of contract value after the deal is signed, through missed early-payment discounts and payment terms that drift in favour of the supplier. Vertice claims that customers running suppliers through the new P2P module have already unlocked faster payment cycles, better terms or improved cost forecasts for more than 80% of those relationships.
What the platform does
The intelligence layer underpinning the P2P module is Vertice’s proprietary spend dataset, which the company describes as covering $75 billion of processed spend across 32,000 vendors. The dataset is used to contextualise each invoice and contract against live market pricing, helping finance teams assess whether the terms they negotiated remain competitive and where a supplier is likely to accept renegotiation. AI agents handle the operational layer: classifying invoices, extracting data, reconciling against purchase orders and contract terms, and appending general-ledger codes and audit trails.
Eldar Tuvey, chief executive and co-founder of Vertice, said the core problem is one of visibility. “Finance teams can’t protect value if all they can see is a PO and an invoice,” he said. “We are giving Finance the visibility, context and automation they need to easily plug these leaks.”
Patrick Reymann, research director for procurement applications and agents at IDC, said extending the dataset to the payment layer was a logical progression from Vertice’s existing positioning. IDC named Vertice a Leader in its 2026 MarketScape for worldwide AI-enabled spend orchestration.
Market context
The procure-to-pay software market is well-populated. Established enterprise resource planning vendors bundle P2P modules as part of broader finance suites, while dedicated procurement platforms including Coupa, Ivalua and Zip have competed on workflow automation and supplier network depth. The differentiator Vertice is staking is the proprietary benchmark dataset: the argument is that knowing what other buyers pay the same vendor is worth more than workflow automation alone, because it shifts the negotiating posture rather than merely streamlining the paperwork.
That claim is plausible but depends on dataset quality, coverage breadth and recency, none of which Vertice has opened to independent audit. The 80% supplier improvement figure is an early-customer metric rather than a controlled study, and the absence of a defined baseline makes it difficult to assess. Buyers evaluating the platform will want to understand the vendor coverage within their own spend categories before committing.
The commercial case is sharpened by the current macro environment. With borrowing costs still elevated relative to the pre-2022 cycle, treasury and procurement teams are under pressure to optimise working capital actively rather than passively. Early-payment discount capture and dynamic payment-term management are straightforward levers, and automating them at the invoice level removes the manual reconciliation overhead that typically prevents finance teams from acting on them at scale.
Named customers including ARM, Brex, Duolingo, Twilio and Santander lend credibility to the enterprise positioning. The Financial Times recognised Vertice as the UK’s fastest-growing scale-up, though the criteria and year of that designation were not specified in the release. Vertice operates across six offices including New York, Sydney and Johannesburg, and says its platform is used in more than 100 countries. Procure-to-Pay is available immediately as part of the core platform.
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