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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

(1-15 of 15)
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Digvijay Singh | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • 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)
Gregg Brandyberry | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • 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".
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • 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
Justan Wright | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • 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.
Alejandro Gusis | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
  • We have a very good ROI over the first 3 years, being able to run several eRFx
  • Only a few eAuctions were run in the tool (requires higher level and skills).
  • Spend analytics is definitely a tool to consider but implementation takes always longer than planned.
Mahesh Aluvala | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
  • 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.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
  • Emptoris allows a positive ROI as it is easy to see which contracts still need to be signed, so our teams can focus their efforts.
  • Allows users to insert name, address, etc. fields into contracts so contracts can be custom-generated easily.
  • Great tracking of revisions and status to show differences in custom contracts that deviate from the standard.
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