Yooz delivers intelligent financial operations automation that aims to reduce waste, mitigate risk, prevent fraud, and eliminate errors from the AP process. Yooz provides Lean Financial Operations™ for companies of all sizes, offering clarity and control in the most complex environments. The Yooz platform combines a workflow engine, real-time applied AI, and transparency, with advanced fraud detection. Boasting over 7,000 customers worldwide and processing more than 300 million…
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Pricing
Emptoris
Yooz
Editions & Modules
Emptoris
$59.00
Per User Per Month
No answers on this topic
Offerings
Pricing Offerings
Emptoris
Yooz
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
Subscription price based on the volume of documents processed. Unlimited number of users. 4 hours of complimentary service to start.
More Pricing Information
Community Pulse
Emptoris
Yooz
Features
Emptoris
Yooz
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Emptoris
8.3
4 Ratings
3% above category average
Yooz
-
Ratings
Contract creation
9.04 Ratings
00 Ratings
Contract templates
7.84 Ratings
00 Ratings
Clause library/saved fields
8.34 Ratings
00 Ratings
Guided logic
8.02 Ratings
00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Emptoris
7.9
4 Ratings
3% below category average
Yooz
-
Ratings
Contract sharing
8.04 Ratings
00 Ratings
Contract editing
8.74 Ratings
00 Ratings
Collaborating on contracts
7.53 Ratings
00 Ratings
MS Word plug-in
7.52 Ratings
00 Ratings
Approval process
8.24 Ratings
00 Ratings
Interdepartmental workflows
7.84 Ratings
00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Emptoris
7.8
5 Ratings
6% below category average
Yooz
-
Ratings
Contract database
7.75 Ratings
00 Ratings
Contract search
7.55 Ratings
00 Ratings
Contract milestone reminders & alerts
8.53 Ratings
00 Ratings
Custom contract reports
7.44 Ratings
00 Ratings
Tracking contract status
8.44 Ratings
00 Ratings
Compliance check
7.93 Ratings
00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Emptoris
-
Ratings
Yooz
8.7
41 Ratings
14% above category average
Customizable Approval Policies
00 Ratings
8.931 Ratings
Financial Document Management
00 Ratings
8.130 Ratings
Payment Status Tracking
00 Ratings
8.619 Ratings
Payment Audit Trail
00 Ratings
8.821 Ratings
Duplicate Bill Detection
00 Ratings
8.739 Ratings
Advanced OCR
00 Ratings
8.830 Ratings
Electronic Funds Transfer
00 Ratings
8.711 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
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.
Yooz is perfect for reoccurring invoices, such as utilities, as you can search by account# to show a list of entries allowing consistency across the board. Color coding can be used to differentiate between utilities or responsibilities. This also helps when exporting specific items. I can select one by one or by group.
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.
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.
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.
It has helped me with invoices and able to see if i have a duplicate and to see how many times vendor has been processed in the system and also to see who is late if it has been in yooz and it needs to get paid soon and also how many coding i have used
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.
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
Chrome River is slow and full of inconsistencies. Capturing invoices is confusing, as you have to assign approvers and coding at that time. No time to save it and research those details. It has multiple screens labeled inbox but are for different stages in the approval process that aren't specified unless you go into the invoice and review. When you go to exit the invoice, it takes you back to the main menu instead of the inbox you were currently working in. It is live, but the updates are every 10-15 minutes as opposed to immediately.
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".
Yooz has delivered a positive ROI for our AP function by reducing invoice processing time and cost, accelerating approvals, and improving control over duplicate/exception handling.
Cost per invoice down through automation like less paper/postage.