Emptoris vs. Ironclad

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Emptoris
Score 5.5 out of 10
N/A
N/A
$59
Per User Per Month
Ironclad
Score 8.0 out of 10
N/A
Ironclad, from the company of the same name in San Francisco, is designed to streamline every part of the contract process—so users can focus on legal work, not paperwork.N/A
Pricing
EmptorisIronclad
Editions & Modules
Emptoris
$59.00
Per User Per Month
No answers on this topic
Offerings
Pricing Offerings
EmptorisIronclad
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
Features
EmptorisIronclad
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Emptoris
8.3
4 Ratings
3% above category average
Ironclad
5.3
4 Ratings
41% below category average
Contract creation9.04 Ratings9.03 Ratings
Contract templates7.84 Ratings10.04 Ratings
Clause library/saved fields8.34 Ratings1.03 Ratings
Guided logic8.02 Ratings1.02 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Emptoris
7.9
4 Ratings
6% below category average
Ironclad
10.0
4 Ratings
18% above category average
Contract sharing8.04 Ratings10.04 Ratings
Contract editing8.74 Ratings10.04 Ratings
Collaborating on contracts7.53 Ratings10.04 Ratings
MS Word plug-in7.52 Ratings10.03 Ratings
Approval process8.24 Ratings10.04 Ratings
Interdepartmental workflows7.84 Ratings10.04 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Emptoris
7.8
5 Ratings
6% below category average
Ironclad
4.7
4 Ratings
55% below category average
Contract database7.75 Ratings6.03 Ratings
Contract search7.55 Ratings7.04 Ratings
Contract milestone reminders & alerts8.53 Ratings1.13 Ratings
Custom contract reports7.44 Ratings5.03 Ratings
Tracking contract status8.44 Ratings5.03 Ratings
Compliance check7.93 Ratings1.02 Ratings
Contract Management
Comparison of Contract Management features of Product A and Product B
Emptoris
-
Ratings
Ironclad
7.3
1 Ratings
6% below category average
Contract Storage00 Ratings10.01 Ratings
Advanced Search and Filtering00 Ratings7.01 Ratings
Customizable Contract Templates00 Ratings8.01 Ratings
Workflow Acceleration00 Ratings10.01 Ratings
E-Signatures00 Ratings10.01 Ratings
Reminders and Alerts00 Ratings4.01 Ratings
Analytics and Reporting00 Ratings4.01 Ratings
Integration with other Systems00 Ratings5.01 Ratings
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User Ratings
EmptorisIronclad
Likelihood to Recommend
8.1
(15 ratings)
8.0
(4 ratings)
Likelihood to Renew
8.0
(10 ratings)
-
(0 ratings)
Usability
8.0
(2 ratings)
8.0
(4 ratings)
Support Rating
8.0
(2 ratings)
9.0
(3 ratings)
User Testimonials
EmptorisIronclad
Likelihood to Recommend
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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Ironclad
IronClad works great for organizations that have to deal with a lot of legal agreements at the same time, it works great for having a legal team reviewing and modifying the same legal document in a single place, and the comments in the workflow, and the approval functionality allows keeping track of the changes and assign accountability.
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Pros
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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Ironclad
  • Very flexible workflow design tool.
  • Functions are fine-tuned but not too much.
  • Easily understandable product which user can handle.
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Cons
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.
Read full review
Ironclad
  • Once you add someone into a workflow there is no way to remove them. It would be nice to be able to get out of a workflow or remove someone.
  • The "assignment" function could be more clear for those individuals who don't regularly use Ironclad. Perhaps prompting them on how to upload a signed agreement if they are not the owner of the workflow.
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Likelihood to Renew
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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Ironclad
No answers on this topic
Usability
IBM
Emptoris is a pretty robust tool overall. Learning curve is small and it is simple to use
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Ironclad
Still needs polishing, including improving AI capabilities and making coding documents easier to do. Family tree is useful, but not intuitive. Search function sometimes doesn't pick up all docs. Reporting, such as end of contract term, isn't useful
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Support Rating
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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Ironclad
I haven't used the support services for IronClad, but I understand from our legal team, the support is very good, they have replied and provide solutions quickly and effectively. I have used the documentation and support pages which are very complete and which have been updated given the user interface updates.
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Alternatives Considered
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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Ironclad
Ironclad is a well-designed product, especially for a very configurable workflow designer and team collaboration feature. In addition, DocuSign has a critical issue, which is a multi-instance account issue. If you have multiple contracts with DocuSign including design and CLM and you use the same email address and password, you cannot tell which instance you log on to. Therefore, if we use the instance separately, we have to use a different password for the same email address. It's very confusing.
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Return on Investment
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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Ironclad
  • Positive - Increased efficiency, as all work into the legal department flows into Ironclad. We can see where resources are being spent and which internal business partners are utilizing the legal department the most.
  • Positing - Better internal business partner service. We are able to communicate directly with our internal partners as to the status of their request and keep them apprised where we are in the negotiation process, etc.
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ScreenShots