ContractHero is a contract management solution that consolidates the most important information in a company. The platform is hosted on german servers and boasts hundreds of customers, among other companies like Eurowings, Isar Aerospace, Bringmeister, and Tiffany. ContractHero offers automated and centralized contract management that converts forgotten documents into potentials, allowing users to adapt quickly and free-up resources. From Machine Learning (ML) supported contract analysis,…
$0
per month 3 User included, 300 Contracts included, Dashboard, SSO, Deadline reminders, User rights, Text search (OCR)
Emptoris
Score 5.5 out of 10
N/A
N/A
$59
Per User Per Month
Pricing
ContractHero
Emptoris
Editions & Modules
Essential
$0
per month 3 User included, 300 Contracts included, Dashboard, SSO, Deadline reminders, User rights, Text search (OCR)
Professional
$0
per month 8 User included, 1.000 Contracts included, Automated Contract Analysis (AI), Digital Signature, Custom Fields
Enterprise
$0
per month 20 User included, individual contract limit, Custom Single Sign-On, Automatic Backups
ContractHero excels in scenarios decentral teams need to colaborate on important documents. It may be less suitable for organizations with highly dynamic contract templates more detailed integrations.
If you have a highly bureaucratic organization that is heavily focused on procurement, Emptoris can provide some value. It seemed to be very good at linking the contract information to procurement for better spend control. If you are trying to implement a standalone contract management solution that allows you to easily create contracts and store them in a central location, this isn't the tool for you. There doesn't appear to be a simplified implementation. In general, when a SaaS solution has a complicated and expensive implementation, I am very skeptical. This does not show that the vendor is trying to move customers forward on a single code base. If that many things need to be done during implementation, you are starting to customize the solution for every customer. This hurts the vendor's ability to scale and make improvements in the future.
Document protection - the Check Out contract feature is a great way to allow external parties to make modifications to contract language without the ability to accept those changes. Those redlines can then be imported back into Emptoris and reviewed or further modified as needed.
Notifications & reminders - you can trigger an email manually from within the system, or you can configure automated notifications andreminders to alert users when a new task is received or has aged a given amount of days, etc.
Interview wizard - there is a lot of value in the interview wizard. Administrators can configure screens with selecting options via check boxes, radio buttons, or typed-in values. Variables and conditions can be used to selectively populate fields within the contract or apply other options, making for a quick and convenient method to generate contracts conforming to corporate standards.
Field customization - administrators can customize a list of options for various fields including contract substatus, address type, and user created business term variables.
Approvals - many different options are available to configure approvals to trigger automatically upon presenting and/or executing the contract including specific individuals, one or more approver groups, or based upon various criteria including terms within the contract, type of contract, or the contract's owning organization.
Reporting, Emptoris comes with standard reports which can not always can be fit into our business. This needs to be improved. I hope Emptoris is addressing this issue in their latest releases.
Though the feature of editing language in MS word is excellent, loading MS word takes time.
There are a lot of new, exciting products coming out in every field and I believe that there is always something better right over the horizon. If it was my choice, I would review my usage of Emptoris and other software periodically to make sure I'm using the most efficient software possible.
The overall usability of ContractHero is excellent, but the mobile interface and initial learning curve slightly impact the rating. However, these aspects are outweighed by the platform's strengths.
ContractHero consistently delivers outstanding assistance, promptly addressing any queries or concerns. The support team is super nice and quick, availability is great.
The above rating for the overall support from Emptoris is for their product / product support, roll out training and refresher training / ongoing training, which is not only good but superior. There is no major or reconizable bad review that can be given to Emptoris at this point in time, from where is stands.
We evaluated several contract management solutions, and ContractHero stood out due to its ease of use, and advanced user permission settings. The ability to tailor the platform to our specific and complicated contracts if a big bonus.
I am a fan of Ariba to be used for the entire lifecycle of Sourcing. From RFX's to cutting PO's. I feel Emptoris misses the boat on the idea of a "One Stop Shop" for all of your Sourcing/Purchasing needs
We won the 2005 Baseline Magazine Award for best ROI related to a technology implementation with an ROI 5544% (see 2005 Baseline ROI Awards, GlaxoSmithkline).
We always felt we could do "two times the work, with half the people and deliver double the savings".
