Corcentric Source-to-Pay Platform vs. Emptoris

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Corcentric Source-to-Pay Platform
Score 6.0 out of 10
N/A
The Corcentric Source-to-Pay Platform, including technology from the former Determine Selectica CPQ solution acquired by Corcentric in April 2019, is designed to provide a customizable CPQ solution to cover an enterprise's need to offer many possible permutations of combinations of product and service in a streamlined fashion.N/A
Emptoris
Score 5.5 out of 10
N/A
N/A
$59
Per User Per Month
Pricing
Corcentric Source-to-Pay PlatformEmptoris
Editions & Modules
No answers on this topic
Emptoris
$59.00
Per User Per Month
Offerings
Pricing Offerings
Corcentric Source-to-Pay PlatformEmptoris
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Corcentric Source-to-Pay PlatformEmptoris
Features
Corcentric Source-to-Pay PlatformEmptoris
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Corcentric Source-to-Pay Platform
-
Ratings
Emptoris
8.3
4 Ratings
3% above category average
Contract creation00 Ratings9.04 Ratings
Contract templates00 Ratings7.84 Ratings
Clause library/saved fields00 Ratings8.34 Ratings
Guided logic00 Ratings8.02 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Corcentric Source-to-Pay Platform
-
Ratings
Emptoris
7.9
4 Ratings
3% below category average
Contract sharing00 Ratings8.04 Ratings
Contract editing00 Ratings8.74 Ratings
Collaborating on contracts00 Ratings7.53 Ratings
MS Word plug-in00 Ratings7.52 Ratings
Approval process00 Ratings8.24 Ratings
Interdepartmental workflows00 Ratings7.84 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Corcentric Source-to-Pay Platform
-
Ratings
Emptoris
7.8
5 Ratings
6% below category average
Contract database00 Ratings7.75 Ratings
Contract search00 Ratings7.55 Ratings
Contract milestone reminders & alerts00 Ratings8.53 Ratings
Custom contract reports00 Ratings7.44 Ratings
Tracking contract status00 Ratings8.44 Ratings
Compliance check00 Ratings7.93 Ratings
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User Ratings
Corcentric Source-to-Pay PlatformEmptoris
Likelihood to Recommend
5.0
(1 ratings)
8.1
(15 ratings)
Likelihood to Renew
5.0
(1 ratings)
8.0
(10 ratings)
Usability
-
(0 ratings)
8.0
(2 ratings)
Support Rating
-
(0 ratings)
8.0
(2 ratings)
User Testimonials
Corcentric Source-to-Pay PlatformEmptoris
Likelihood to Recommend
Corcentric
It is well suited for applications which has centralized data system. For desperate databases, big performance hit could be unavoidable.Web based Sales solutions which could be easily unplugged from big infrastructure and to be used in field with no need of network connectivity or front office availability would be ideal candidates for CPQ
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IBM
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.
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Pros
Corcentric
  • Pricing engine is a big plus in CPQ.
  • The flex modeling supported in CPQ increases the model efficiency by eliminating unwanted options
  • Integrating external tools into selectica by exporting out xmls make it easier
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IBM
  • 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.
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Cons
Corcentric
  • Model builder's sluggishness.
Read full review
IBM
  • 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.
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Likelihood to Renew
Corcentric
Unless CPQ is available on cloud or available as platform as service, I am less likely to consider it again. The initial cost involved is high and also the time required for that.
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IBM
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.
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Usability
Corcentric
No answers on this topic
IBM
Emptoris is a pretty robust tool overall. Learning curve is small and it is simple to use
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Support Rating
Corcentric
No answers on this topic
IBM
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.
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Alternatives Considered
Corcentric
I used Saleslogix.
Read full review
IBM
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
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Return on Investment
Corcentric
  • yes, faster lead conversion as Field sales team rely less on main office
  • reduced sales cycle.
  • Reduced Sales overheads, deal closure can happen at client location.
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IBM
  • 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".
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ScreenShots