Case Study: ClearScore saves $5m+ on SaaS with Vertice

ClearScore saves $5m+ on SaaS with Vertice

ClearScore, a financial technology company providing credit scores and reports, faced a significant challenge in managing its large and decentralized SaaS stack. With different teams independently negotiating contracts, the company suffered from inconsistencies, a lack of visibility, and the constant threat of overspending. This unmanageable situation led to difficulties in tracking renewals and budgets, prompting ClearScore to partner with Vertice to gain control and reduce costs.

Vertice implemented its SaaS management platform, beginning with an integration to identify every tool in use and provide immediate visibility. Their dedicated team then handled contract negotiations directly with vendors, leveraging their data and expertise to secure optimal terms. The results were exceptional, with Vertice delivering over $5 million in savings for ClearScore. This included a 60% reduction on a single identity verification contract and represented a 34x return on investment, alongside improved vendor relationships and more efficient procurement workflows.

ClearScore