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.
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.
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