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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

(1-2 of 2)
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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.
Contract Authoring (4)
77.5%
7.8
Contract creation
80%
8.0
Contract templates
80%
8.0
Clause library/saved fields
70%
7.0
Guided logic
80%
8.0
Contract Collaboration (6)
56.66666666666667%
5.7
Contract sharing
60%
6.0
Contract editing
60%
6.0
Collaborating on contracts
60%
6.0
MS Word plug-in
60%
6.0
Approval process
60%
6.0
Interdepartmental workflows
40%
4.0
Contract Monitoring (6)
55%
5.5
Contract database
80%
8.0
Contract search
70%
7.0
Contract milestone reminders & alerts
70%
7.0
Custom contract reports
30%
3.0
Tracking contract status
50%
5.0
Compliance check
30%
3.0
Contract Management
N/A
N/A
  • Increased ability to manage risk by ensuring all contract negotiators are working from the same standard template when they start each new contract - much better than using various iterations of Save-As Word documents
  • Increased visibility into contract repository - much easier to see contract inventory within the Emptoris repository instead of filing cabinets full of contracts and Word docs saved to shared drives
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 of a hosted solution; document protection
1000
Contract negotiators, provider reps, internal audit, legal language reviewers, approvers
20
Critical thinking, root cause analysis, troubleshooting, good communication skills, business process management
  • As a contract negotiator, a user has the ability to generate contracts tailored to the specific options and terms they need to capture in the agreement.
  • As a claims analyst, a user has the ability to research active contracts and view a copy of the contract language and terms signed by both parties.
  • As a contract language reviewer, a user can easily compare template language to redlined contract language side-by-side or using tracked changes bubbles to identify deviations from standard language.
  • Looking forward, we hope to capitalize on Emptoris Contract Management's ability to interface with third-party digital signature providers such as DocuSign or EchoSign.
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?
  • Increased efficiency
  • Ease of use
  • Training provided on new roll outs
  • SciQuest,upside
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, and other such related documents etc.
A to Z solution!
1000
contracting / procurement
10
contract management expertise. product knowledge. training capability.
  • rfq initiation
  • rfq evaluation
  • contract management
  • pre - post contract integration
  • compliance monitoring
  • audit trail
  • SAP integration
  • CMCP guidelines integration
  • vendor user interface enhancement
Yes
The organization was looking for a change. Something different. Something new. Something that was a one stop shop, an all in one soluion. The company was using Ariba prior to it, for its contracting and procurement needs.
  • Product Features
  • Product Usability
  • Product Reputation
  • Vendor Reputation
  • Positive Sales Experience with the Vendor
the most important factor in our decision making process for selecting IBM Emptoris was its pre sales and post sales support. Excellent product but ofcourse. Great service. Implimentaion roll outs and refresher roll outs were great also. all in all it made for a great choice, for the enitre team, department, and organization.
If we had it to do over, we won't change the eval and select process that we went through much! it would indeed be the same kinds, and would follow the same process. as the one we used seems apt and useful, and in the end it does seem fruitful as well.
Yes
Yes, premium support is available on request. And is at our disposal. There are very minimal situations where it would be needed though. As their general support that is currently available at our disposal is more than enough. But not to say that premium support is not important, but is not used currently.
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.
Yes
Yes many a times, there has been situations where we have reported bugs, just like any other software out there in the market, even this had some bugs initially and during the course of 2nd roll out as well. but all these were resolved to satifaction and in timely manner.
When the 2nd roll out for Emptoris occured in the company, and the users felt uncomfortable with the changes that were in effect, at that time consistent and exceptional support was provided by the Emptoris team / management. And this was done with many company wide refresher sessions, and recurring support.
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