Case Study: Greylock Partners achieves 110% SaaS savings growth with Vertice

Greylock Partners boosts SaaS savings by 110% with Vertice

Greylock Partners, a venture capital firm, faced a lack of visibility into its SaaS spending and renewals, leading to increasing costs and underutilized licenses. Without a dedicated procurement team, the complexity of managing their software environment was overwhelming. They engaged Vertice and its procurement orchestration software to address this challenge.

Vertice's solution involved auditing and centralizing all contracts to provide complete visibility. Their experts then worked alongside Greylock to rationalize the tech stack, leveraging global data for negotiations. The results included a 50% reduction on a key provider and a 110% delivery on their savings guarantee in the first year, alongside significant time savings for leadership.

Greylock Partners