Overview
Emptoris- An efficient tool for improving Contracts Management & Procurement activities
• Sourcing
• …
Return your annual investment Day 1
Great customization options -- with certain limitations
Engineering eye for the business guy.
Keep on pushing the buttons
Emptoris Review - Very Powerful and flexible integrated solutions for experienced eSourcing practitioners
A to Z solution
Too complex for a simplified implementation
Differences in Contract Management
Contracts Management on Emptoris Product
Emptoris Contract Management & You
Invoicing made simple with Emptoris
Emptoris review from Network Development
Emptoris- A simple yet effective user review
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
- Contract database (5)7.777%
- Contract search (5)7.575%
Pricing
Emptoris
$59.00
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Demos
IBM Emptoris DocuSign Demo Video
Procurement - Demo Emptoris
Features
Contract Authoring
Features related to the contract authoring process.
- 9Contract creation(4) Ratings
Includes a document generator and tools for creating new contracts.
- 7.8Contract templates(4) Ratings
Allows users to set up templates or templatize old contracts in order to make new contract creation easier and more consistent.
- 8.3Clause library/saved fields(4) Ratings
Users can save certain fields of a contract for re-use; these may be stored in a template or a clause library.
- 8Guided logic(2) Ratings
Automated questions (based on company policies and the circumstances of the deal) help with the contract authoring process; this is an example of partial automation.
Contract Collaboration
Features related to collaborating on contracts.
- 8Contract sharing(4) Ratings
Users can easily and securely share contracts with internal users and external users. Contracts are accessible.
- 8.7Contract editing(4) Ratings
Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.
- 7.5Collaborating on contracts(3) Ratings
Internal and external users can collaborate on contracts without changing the text of the contract; this may be done through comments, questions, and/or message board conversations.
- 7.5MS Word plug-in(2) Ratings
Users can make changes to contract language using Microsoft Word.
- 8.2Approval process(4) Ratings
Approval workflows can be configured to streamline and automate the approval process; the approval process is helpful and convenient.
- 7.8Interdepartmental workflows(4) Ratings
Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.
Contract Monitoring
Features that enable users to monitor the status of contracts.
- 7.7Contract database(5) Ratings
Contracts are stored and organized in a central repository.
- 7.5Contract search(5) Ratings
Users can easily look up contracts within the database.
- 8.5Contract milestone reminders & alerts(3) Ratings
Users can schedule reminders and/or trigger alerts according to contract milestones.
- 7.4Custom contract reports(4) Ratings
Users can create custom reports about the status of contracts, contract timelines, efficiency, and revenue tied to contracts.
- 8.4Tracking contract status(4) Ratings
Users can track the status of a contract as it moves through the approval process and beyond.
- 7.9Compliance check(3) Ratings
Users can define and enforce complex business rules related to compliance regulations; helps automate or partially automate contract compliance check.
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Emptoris?
Emptoris Competitors
Emptoris Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Frequently Asked Questions
Comparisons
Compare with
Reviews and Ratings
(23)Attribute Ratings
Reviews
(1-3 of 3)My review on Emptoris from a Buyer's Perspective
eSourcing makes it easier to receive bid responses. Contract Management obviously makes it way easier to archive contracts. Virtual Supply Master is just an easy way to look up the details behind a supplier that we do business with.
- eSourcing is very easy to use. It doesn't take long to setup an RFx. I like being able to have a place where everything is stored which makes potential audits more bearable.
- I like being able to look up a contract quickly through Contract Management and have everything in one place.
- I like being able to run reports through Contract Management. It makes tracking renewals a lot easier.
- Not sure if these are Emptoris restrictions, or just restrictions setup by my organization, but I wish that there weren't so many tabs to fill out to archive a contract.
- I wish that I could customize reports instead of exporting raw data and doing my own analysis.
- I wish that we could easily change contracts into amendments and make sure they are linked appropriately. Currently, we have to delete the record and then recreate the amendment from the original contract.
- Contract creation
- N/AN/A
- Contract templates
- N/AN/A
- Clause library/saved fields
- N/AN/A
- Guided logic
- N/AN/A
- Contract sharing
- N/AN/A
- Contract editing
- N/AN/A
- Collaborating on contracts
- N/AN/A
- MS Word plug-in
- N/AN/A
- Approval process
- N/AN/A
- Interdepartmental workflows
- N/AN/A
- Contract database
- 70%7.0
- Contract search
- 70%7.0
- Contract milestone reminders & alerts
- N/AN/A
- Custom contract reports
- N/AN/A
- Tracking contract status
- N/AN/A
- Compliance check
- N/AN/A
- I am not part of the ROI part of the business. I can only say that using Emptoris makes my life a lot easier in terms of time saving. That way I can focus more time on other things. I think this leads to better customer service.
Engineering eye for the business guy.
- 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.
- Contract creation
- 90%9.0
- Contract templates
- 60%6.0
- Clause library/saved fields
- 100%10.0
- Guided logic
- 80%8.0
- Contract sharing
- 80%8.0
- Contract editing
- 90%9.0
- Collaborating on contracts
- 70%7.0
- MS Word plug-in
- 90%9.0
- Approval process
- 90%9.0
- Interdepartmental workflows
- 90%9.0
- Contract database
- 90%9.0
- Contract search
- 80%8.0
- Contract milestone reminders & alerts
- 80%8.0
- Custom contract reports
- 70%7.0
- Tracking contract status
- 80%8.0
- Compliance check
- 90%9.0
- 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.
Keep on pushing the buttons
- 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.
- Contract creation
- 100%10.0
- Contract templates
- 90%9.0
- Clause library/saved fields
- 90%9.0
- Contract sharing
- 100%10.0
- Contract editing
- 100%10.0
- Collaborating on contracts
- N/AN/A
- MS Word plug-in
- N/AN/A
- Approval process
- 100%10.0
- Interdepartmental workflows
- 100%10.0
- Contract database
- 100%10.0
- Contract search
- 90%9.0
- Custom contract reports
- 100%10.0
- Tracking contract status
- 100%10.0
- Compliance check
- N/AN/A
- After receiving the update, the software helped with accuracy.