Versa Check specializes in the automation of everyday business and home office activities by providing an integrated portfolio of financial software, Credit Card payment solutions, MICR printers, accessories, internet services, and e-commerce solutions.
Emptoris is very similar in functionality but more simple than the other tools I have used in the past. Some of its modules have been upgraded very well recently which helps it compete better with its rivals. We recently conducted an exercise to see if we need to move to some …
Ability to handle high volume of contracts; configurability and customization of fields; scalability for large number of users; ability to handle lengthy contracts with many fields & variables; organization and role-based security; ability to maintain on our own servers instead …
I would say there are positives and negatives to all. Emptoris seemed to be more advanced in progression of their tool. Others seem to have created a tool to meet a customers need and was not part of their core business model or competency.
Emptoris had better functionality but was definitely less user friendly. Still, the small center-led team was quite experienced so Emptoris was a better choice.
I think Emptoris stands up better against peers in terms of point A to Z solution: Better storage of all components related to the contract (contract management) in terms of all legal requirements, all compliance requirements, proper communication trail, various attachments, …
We eventually selected Apttus because of its close ties to Salesforce and quick implementation process. We were able to get the application installed and live in just a few weeks. For our purposes, it was a much better fit for us to generate and store contracts for our company …
There are quite few products for contracts management, there are pro and cons of every product software.However, Emptoris has won the race due to the features and the easy maintenance of contracts compared to Ariba,Oracle contract management product software.
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
Any company who needs more monitoring and has frequent contract language changes due to negotiations with parties can utilize the Emptoris Contracts software to a greater extent. Key Business Questions that are answered on Emptoris:
More clause language.
Multiple language support
Maintenance of the contracts during the life cycle.
Bringing Legacy contracts into new system and its maintenance.
Monitoring the contract and important remainders based on contract.
Complex contract approval process due to the business complexity.
User roles and responsibilities - Privileges.
Version comparison difficulties.
Many more.. There are good amount of features on Emptoris that can be used, which improves the business process cycle times.
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 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 eventually selected Apttus because of its close ties to Salesforce and quick implementation process. We were able to get the application installed and live in just a few weeks. For our purposes, it was a much better fit for us to generate and store contracts for our company without having to force a link to procurement.
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".