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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Emptoris

    Score5.5 out of 10
    N/AN/A

    $59

    Per User Per Month

    Lucanet

    Score6 out of 10
    N/ALucanet is a CFO Solution Platform for finance leaders. By uniting, standardized, compliance-ready insights in one SaaS platform, Lucanet’s solution aims to enable CFOs to lead with ease. Lucanet provides users transparent data and intelligent workflows to manage their strategic and reporting needs.N/A
    Pricing
    EmptorisLucanet
    Editions & Modules
    Emptoris
    $59.00
    Per User Per Month
    No answers on this topic
    Offerings
    Pricing Offerings
    EmptorisLucanet
    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
    EmptorisLucanet
    Contract Authoring
    Comparison of Contract Authoring features of Emptoris and Lucanet
    Feature
    Emptoris
    8.3
    4 Ratings
    1% above category average
    Lucanet
    -
    Ratings
    Contract creation9.04 Ratings00 Ratings
    Contract templates7.84 Ratings00 Ratings
    Clause library/saved fields8.34 Ratings00 Ratings
    Guided logic8.02 Ratings00 Ratings
    Contract Collaboration
    Comparison of Contract Collaboration features of Emptoris and Lucanet
    Feature
    Emptoris
    7.9
    4 Ratings
    4% below category average
    Lucanet
    -
    Ratings
    Contract sharing8.04 Ratings00 Ratings
    Contract editing8.74 Ratings00 Ratings
    Collaborating on contracts7.53 Ratings00 Ratings
    MS Word plug-in7.52 Ratings00 Ratings
    Approval process8.24 Ratings00 Ratings
    Interdepartmental workflows7.84 Ratings00 Ratings
    Contract Monitoring
    Comparison of Contract Monitoring features of Emptoris and Lucanet
    Feature
    Emptoris
    7.8
    5 Ratings
    5% below category average
    Lucanet
    -
    Ratings
    Contract database7.75 Ratings00 Ratings
    Contract search7.55 Ratings00 Ratings
    Contract milestone reminders & alerts8.53 Ratings00 Ratings
    Custom contract reports7.44 Ratings00 Ratings
    Tracking contract status8.44 Ratings00 Ratings
    Compliance check7.93 Ratings00 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    4.5
    2 Ratings
    53% below category average
    Drill-down analysis00 Ratings4.02 Ratings
    Formatting capabilities00 Ratings4.01 Ratings
    Integration with R or other statistical packages00 Ratings5.01 Ratings
    Report sharing and collaboration00 Ratings5.01 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    5.8
    1 Ratings
    31% below category average
    Publish to Web00 Ratings4.01 Ratings
    Publish to PDF00 Ratings7.01 Ratings
    Report Versioning00 Ratings6.01 Ratings
    Report Delivery Scheduling00 Ratings6.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    5.0
    1 Ratings
    38% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings5.01 Ratings
    Location Analytics / Geographic Visualization00 Ratings6.01 Ratings
    Predictive Analytics00 Ratings5.01 Ratings
    Pattern Recognition and Data Mining00 Ratings4.01 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    5.6
    1 Ratings
    40% below category average
    Multi-User Support (named login)00 Ratings6.01 Ratings
    Role-Based Security Model00 Ratings6.01 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings5.01 Ratings
    Report-Level Access Control00 Ratings5.01 Ratings
    Single Sign-On (SSO)00 Ratings6.01 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    6.0
    1 Ratings
    21% below category average
    Responsive Design for Web Access00 Ratings6.01 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.01 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Long-term financial planning00 Ratings6.02 Ratings
    Financial budgeting00 Ratings6.02 Ratings
    Forecasting00 Ratings7.02 Ratings
    Management reporting00 Ratings7.02 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    5.2
    2 Ratings
    40% below category average
    Financial data consolidation00 Ratings5.02 Ratings
    Journal entries and reports00 Ratings5.02 Ratings
    Multi-currency management00 Ratings4.02 Ratings
    Intercompany Eliminations00 Ratings8.01 Ratings
    Minority Ownership00 Ratings5.01 Ratings
    Local and consolidated reporting00 Ratings4.02 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    5.5
    2 Ratings
    39% below category average
    Financial Statement Reporting00 Ratings6.02 Ratings
    Management Reporting00 Ratings6.02 Ratings
    Excel-based Reporting00 Ratings5.02 Ratings
    Automated board and financial reporting00 Ratings5.01 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    5.8
    2 Ratings
    26% below category average
    Personalized dashboards00 Ratings6.02 Ratings
    Color-coded scorecards00 Ratings7.01 Ratings
    KPIs00 Ratings6.02 Ratings
    Cost and profitability analysis00 Ratings5.02 Ratings
    Key Performance Indicator setting00 Ratings5.01 Ratings
    Integration
    Comparison of Integration features of Emptoris and Lucanet
    Feature
    Emptoris
    -
    Ratings
    Lucanet
    6.5
    2 Ratings
    22% below category average
    Flat file integration00 Ratings9.01 Ratings
    Excel data integration00 Ratings4.02 Ratings
    Best Alternatives
    EmptorisLucanet
    Small Businesses
    DocuSign CLM
    Score8.2 out of 10
    No answers on this topic
    Medium-sized Companies
    Conga CLM
    Score8.8 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Conga CLM
    Score8.8 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    EmptorisLucanet
    Likelihood to Recommend
    8.1
    (15 ratings)
    6.0
    (2 ratings)
    Likelihood to Renew
    8.0
    (10 ratings)
    -
    (0 ratings)
    Usability
    8.0
    (2 ratings)
    6.0
    (1 ratings)
    Support Rating
    8.0
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    EmptorisLucanet
    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.
    Incentivized
    Read full review
    Lucanet
    Significant effort required for planning forms. There is no comprehensive, modern web version. Significant effort required for planning forms. Short-term planning, such as daily or weekly tasks, is difficult to map out in the Planner. Automation of Financial Closings, Valid real-time data consolidation, simplifies the income statement, balance sheet, and cash flow statement.
    Read full review
    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.
    Incentivized
    Read full review
    Lucanet
    • Very intuitive interface to slice and dice the data to have a monthly, quarterly, or yearly view
    • Easy to add additional journal entries
    • Present legal consolidation structure in an intuitive way
    Incentivized
    Read full review
    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
    Lucanet
    • Expensive Solution.
    • Drawbacks of complex planning.
    • Short-term planning on a daily or weekly basis is difficult to map out in the Planner.
    Read full review
    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.
    Incentivized
    Read full review
    Lucanet
    No answers on this topic
    Usability
    IBM
    Emptoris is a pretty robust tool overall. Learning curve is small and it is simple to use
    Incentivized
    Read full review
    Lucanet
    Automated data validation and mapping reduce manual effort and minimize sources of error, offering seamless integration with existing ERP systems and Excel, Improving Efficiency with the Help of AI.
    Read full review
    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.
    Incentivized
    Read full review
    Lucanet
    No answers on this topic
    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
    Incentivized
    Read full review
    Lucanet
    Incentivized
    Read full review
    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".
    Incentivized
    Read full review
    Lucanet
    • Provides single source of truth regarding financial data
    • Affordable solution
    Incentivized
    Read full review
    ScreenShots

    Lucanet Screenshots

    Screenshot of Lucanet's financial consolidation software, which provides a fully automated process through all consolidation steps and group structures, regardless of complexity.Screenshot of Lucanet's financial reporting software, designed to deliver timely and accurate information to the appropriate stakeholders for decision-making processes.Screenshot of Lucanet's ESG reporting feature, used to collect data, analyze information, and produce fully compliant reports at the touch of a button.Screenshot of Lucanet's disclosure mangaement interface, used to prepare financial or non-financial information, such as annual reports.Screenshot of the IC reconciliation tool, which enables decentralized reconciliation prior to consolidation and saves those involved at the parent company level from having to tediously search for discrepancies during consolidation.