Case Study: NewtonX cuts SaaS contract costs by 61% with Vertice

NewtonX cuts SaaS contract costs by 61% with Vertice

NewtonX, a B2B research firm, faced challenges managing its $2M SaaS spend across 70 vendors. Their procurement process was chaotic and manual, leading to wasted spend, duplicated tools, and excessive time spent on negotiations by CFO Lorenzo Seu. The company turned to Vertice for a solution to regain control and visibility.

Vertice provided a platform that delivered complete visibility into NewtonX's tech stack and implemented automated procurement workflows. This allowed the internal team to collaborate seamlessly with Vertice's expert buyers, who handled negotiations using global price benchmarking data. The results were transformative: Vertice delivered a 61% savings on one contract, gave the finance team 271 hours back, and created a scalable procurement engine for the company.

NewtonX