TrustRadius
IBMEmptoris- An efficient tool for improving Contracts Management & Procurement activities2016-04-05T14:48:41.923ZWe have been using the Emptoris Suite in sourcing & procurement group for several years now. We use the following modules:
• Sourcing
• Contract Management
• Spend Analysis
• Program Management
We upgraded to Emptoris 10.0 last year and the experience has been great. Compared to other tools, Emptoris is easy to navigate and simple to use.,Contracts Tracking & Notifications
Reverse Auctions & eRFXs
Spend Analytics are insightful,Slower when running long reports
When upgraded to 10.0, integration was not seamless and it took more time than expected
Reporting features have scope for improvement,8,Enhanced spend analytics which helps in planning project better
Better contract management and tracking
More eRFX & eAuctions lead to more automated & standardized processes
Reporting tool still needs improvement (we use another internal tool for customized reporting),Ariba Contract Management and Ariba Procurement,Buy-side contracts,Yes,8,Contracts Management
eAuctions,Reporting
Complex RFXs,8Digvijay SinghReturn your annual investment Day 12015-12-09T21:23:59.511ZIn a previous capacity at a large global pharmaceutical company we used Emptoris sourcing in over 50 countries and completed over 11000 events per year with half of those being auctions. We put approximately $5B of spend through the solution which generated a staggering ROI. We also used Emptoris spend and had huge success in spend data management driving spend visibility and compliance.,Strong analytical capabilities
Great auction functionality
Easy supplier registration
Strong RFx capabilities,Fairly sophisticated user interface for an everyday user
Could improve help center response,10,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".Gregg BrandyberryKeep on pushing the buttons2015-12-08T18:11:52.145ZEmptoris was extremely user-friendly and capable of including a wealth of necessary information when inputting contracts. Although I used Emptoris in my department, it was also used in many different departments and in different capacities.,The software categorizes different types of providers.
The software allows different reports to be used/pulled for data reasons.
The software allows multiple addresses to be used/ for different reasons.,Sometimes the software can be a little slow.
Possibly create a short cut when certain addresses/name don't have be inputted so many times. Create an auto-entry.,9,After receiving the update, the software helped with accuracy.,Microsoft Access,Buy-side contractsTemisha LeeEngineering eye for the business guy.2015-12-08T20:51:05.806ZIn my previous organization, Emptoris was used as a contract module for supply chain/ procurement tying into SAP. The tool was more or less an advanced repository.,The product was user friendly.
Integrated well with legacy and existing systems.
Support and training offered by IBM was top notch.,Certain components could not update properly with integration at first.
Cost was greater than some competitors.
Integration took longer than anticipated.,8,Control measures to see where agreements were getting bogged down in internal approval process.
Lead time features were utilized well to understand timeliness.
Business unit support increased.
Agreement visibility improved.
Communication between business units improved.,Ariba Contract Management, Contract Logix, Basware Contract Lifecycle Management, Oracle E-Business Suite Procurement Contracts and SAP Contract Lifecycle Management,SAP Business Objects, SAP Contract Lifecycle Management, Oracle Application Testing Suite,BothJustan WrightContracts Management on Emptoris Product2014-07-21T16:07:42.265ZWe used Emptoris contracts product software for one of the world leading healthcare organizations as a solution for their business problems. Maintaining a contract over a period of time has always been a nightmare to companies, Emptoris has addressed many problems on contract management and provides easy operations throughout the contract life cycle and with post life cycle activities. Specifically, Emptoris has addressed the problem of maintaining the contract language in many languages, contract language versions, monitoring and approvals process. It has provided an easy way to create contracts, which helped many end users who are not techies.,Maintaining contracts as Templates, This feature has helped business to simplify the contract language maintenance and also helped simplify the maintenance of clause related elements that will be used across the product.
Easy way to create the contracts, Emptoris has provided the easy ways to create the contracts. We dont need any expertise for creating a contract , with interview module any one can do so by answering a simple set of questions.
Monitoring, This is the best feature I can really count on. The monitoring of the contract is made very easy with the simple configurations and can be monitored in different ways like workflows, email etc.
MS word as a plugin for editing the language, this is another best feature. Editng of contract language can be done by opening the contract language in a word document . It is a simple process - open, edit, save and close. This saves to Emptoris templates.,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.,8,Improved Contract process cycle times, Features like parallel approvals can really help with reducing the process cycle times on the contracts. This led to increased employee efficiency.
Interview module - contracts creation made it very easy to further business processing.
Monitoring is a great help and this feature helps customers to worry less about milestone dates for active contracts.
Reports need improvement and should have some feature to create user defined reports.,,8Mahesh Aluvala
Unspecified
Emptoris
22 Ratings
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