Emptoris vs. VeriDoc Sign

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Emptoris
Score 5.5 out of 10
N/A
N/A
$59
Per User Per Month
VeriDoc Sign
Score 7.6 out of 10
N/A
A blockchain-secured eSignature solution utilising VeriDoc Global’s patented verification technology. A unique digital fingerprint of the document is stored on the blockchain and can’t be edited or tampered with. VeriDoc Sign allows companies to leverage blockchain technology to secure eSignatures. The solution is designed to improve efficiency by eliminating long wait times to print, sign, scan and send documents. The software requires no coding, existing software or special hardware.…N/A
Pricing
EmptorisVeriDoc Sign
Editions & Modules
Emptoris
$59.00
Per User Per Month
No answers on this topic
Offerings
Pricing Offerings
EmptorisVeriDoc Sign
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
EmptorisVeriDoc Sign
Features
EmptorisVeriDoc Sign
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Emptoris
8.3
4 Ratings
3% above category average
VeriDoc Sign
-
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 Product A and Product B
Emptoris
7.9
4 Ratings
3% below category average
VeriDoc Sign
-
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 Product A and Product B
Emptoris
7.8
5 Ratings
6% below category average
VeriDoc Sign
-
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
Best Alternatives
EmptorisVeriDoc Sign
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Score 9.9 out of 10
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Medium-sized Companies
PandaDoc
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Score 9.4 out of 10
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Score 8.8 out of 10
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Score 8.7 out of 10
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User Ratings
EmptorisVeriDoc Sign
Likelihood to Recommend
8.1
(15 ratings)
8.2
(9 ratings)
Likelihood to Renew
8.0
(10 ratings)
-
(0 ratings)
Usability
8.0
(2 ratings)
-
(0 ratings)
Support Rating
8.0
(2 ratings)
-
(0 ratings)
User Testimonials
EmptorisVeriDoc Sign
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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VeriDoc Global
VeriDoc Sign is well suited for any situation where a signer needs to prove identity and sign a document online without the need of a dependent document or any other witness. Online approval/verification processes are some of the use cases which are suited. VeriDoc Sign is less appropriate for situations where there is a need for a signer to provide physical identity proof to any Gov agencies (Legacy systems) and sign a document in person in the presence of a notary, such as to complete an application for a bank loan, Grant Fund request.
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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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VeriDoc Global
  • VeriDoc allows you to see when your documents are online so that you can retrieve them faster and securely.
  • I love that VeriDoc makes your documents tamper proof so that you can rest assured that your documents are protected.
  • I also love that VeriDoc allows you to verify your documents with a QR Code.
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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.
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VeriDoc Global
  • Customization of user interface.
  • Scheduled reminders not available and need to do it manually so far.
  • Add an expiry date to contracts which will expire the process.
  • Emails are being to spam.
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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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VeriDoc Global
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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VeriDoc Global
No answers on this topic
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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VeriDoc Global
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
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VeriDoc Global
VeriDoc Sign help us manage multiple users and reviewers to any single contract document. We do not have to worry about authenticity and traceability of the document. These features are not available in DocuSign or Adobe Acrobat. Unlike other softwares VeriDoc Sign is on blockchain and any activity will leave a trace.
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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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VeriDoc Global
  • Positive: low cost to try it out
  • Negative: learning curve wasted some of our time
  • Negative: led to extra time being processing signed documents
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ScreenShots