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Emptoris

Emptoris

Overview

Recent Reviews

A to Z solution

9 out of 10
July 26, 2014
Incentivized
IBM Emptoris is used in the Contracting and Procurement department of the organization. It solves the way Wells Contracts are managed …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 16 features
  • Contract database (5)
    7.7
    77%
  • Contract search (5)
    7.5
    75%
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Pricing

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Emptoris

$59.00

Cloud
Per User Per Month

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Demos

IBM Emptoris DocuSign Demo Video

YouTube

Procurement - Demo Emptoris

YouTube
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Features

Contract Authoring

Features related to the contract authoring process.

8.3
Avg 8.3

Contract Collaboration

Features related to collaborating on contracts.

7.9
Avg 8.4

Contract Monitoring

Features that enable users to monitor the status of contracts.

7.8
Avg 8.5
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Product Details

What is Emptoris?

Emptoris Competitors

Emptoris Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

CobbleStone Contract Insight® are common alternatives for Emptoris.

Reviewers rate Contract creation highest, with a score of 9.

The most common users of Emptoris are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(23)

Attribute Ratings

Reviews

(1-6 of 6)
Companies can't remove reviews or game the system. Here's why
Gregg Brandyberry | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
In 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
It is a great overall product ... might be lacking a bit for complex optimizations compared to other newer solutions e.g. Keelvar.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Emptoris is our contract management solution for the procurement department and HMO provider contracts.
  • 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 on specific contract language - while it is easy to pull reports based on values populated within the configured business term variables, it is much more difficult to pull reports to identify specific contract language modifications which were typed in via redlining. Even using a workaround involving combining various repository search and reporting techniques, the contracts must still be opened individually to view the modified language if the containing clause exceeds 1,000 characters. This process is tedious and flawed and not something an average user is capable of managing on their own so administrator and/or IT department involvement is often required.
  • Inelegant UI - while recent versions have a greatly improved UI, it is still quite inferior when compared to the modern user interface designs today's tech-savvy employees have become familiar with. Also, there are inconsistencies within the interface that are quite perplexing (for example, inconsistently named fields (Contract Substatus, Contract Sub Status, Contract SubStatus), or screens with consistent search criteria layout sometimes allow use of the Enter key on the keyboard to submit the search query while Enter doesn't work on identical screens and the user must manually mouse-click the Search button to submit the search query - while this is inconvenient, it does also call into question the behind-the-scenes quality control as well).
  • Vendor support - sometimes it is a great experience. Often however open tickets can drag on for months or be picked up or handed off to many different support techs. It can be frustrated repeatedly relating the specifics of a complex issue to multiple individuals. Would much rather have complex issues which cannot be resolved within a single support touch-point be assigned to a primary owner who can work with the customer throughout the resolution process until the issue has been successfully resolved. This is an area which has a significant amount of opportunity for improvement.
Emptoris is well suited for any organization which has a high volume of contracts to manage.
July 26, 2014

A to Z solution

Score 9 out of 10
Vetted Review
Verified User
Incentivized
IBM Emptoris is used in the Contracting and Procurement department of the organization. It solves the way Wells Contracts are managed centrally and helps ease the process of procurement from point A to Z. Helps enhance the procurement function, promotes user friendliness, and is a one-stop shop for all contract / category management needs.
  • Contracts centrally managed
  • Rfp / rfq / tender process enhanced
  • User friendly / ease of use
  • All attachements, documents, communication etc in one place
  • One stop shop solution
  • The general flow of things
  • Straightforwardness
  • More customization
Is best suited for RFP/RFQ process. How is the customization option, or are there any? Contracts/sub-contracts, OAs, MSAs, WSAs connected well? Sync with SAP functionality?
Score 5 out of 10
Vetted Review
Verified User
Incentivized
Emptoris is being used in the Supply Chain department to track and organize contracts, BAA agreements, Master Service Agreements and SOW agreements. We also track when these contracts are up for renewal.
  • The system is pretty straight forward and generally easy to use.
  • I like the feature that you can set a notification for 30 days prior to expiration on contracts.
  • The system has a good reporting feature.
  • First, I must admit that we are using an older version of Emptoris, so some of my concerns may well be addressed in newer versions. First, we do not have a good system for rating / vendor management within the database
  • The system does not tie into our SAP system, or Microsoft.
  • Is not Cloud based
  • Have found customer support to be less than anticipated.
Obviously cost is a factor, not only upfront costs but upgrades. What other software does the program integrate with? What is the workflow process for approvals? Is there a built in functionality to support regulatory requirements? Can the dashboard be customized?
Mahesh Aluvala | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
We 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.
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.
Score 6 out of 10
Vetted Review
Verified User
Incentivized
Currently Emptoris is being used only in the Sourcing group here at Novartis in the US and Globally. When our business owners reach a certain threshold, as it relates to spend, they contact Sourcing and we utilize Emptoris for our RFX's.
  • Manages all supplier questions/inquiries via the message boards.
  • Ease of use to add new suppliers before releasing bids
  • Easily editable if scope changes during the bidding process
  • Building tables could be more user friendly. Most of the time, I just attach a spreadsheet
  • Rate Auctions could be more user friendly as well. If you have never done a Rate Auction, that first one will be confusing. There is not alot of guidance throughout.
It is suitable if you are able to have a best practice area in the tool, where you can go and look at common questions in the industry.
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