SpotDraft is an end-to-end contract automation platform that helps organizations draft, review, and manage contracts, from drafting to execution and beyond. The SpotDraft engine has been built to understand the context behind every uploaded contract. When uploading legacy contracts in bulk, or create a new contract, the platform automatically analyses key details and highlights them for preview. It also sets…
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Pricing
Emptoris
SpotDraft
Editions & Modules
Emptoris
$59.00
Per User Per Month
No answers on this topic
Offerings
Pricing Offerings
Emptoris
SpotDraft
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Emptoris
SpotDraft
Features
Emptoris
SpotDraft
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Emptoris
8.3
Ratings
4% above category average
SpotDraft
8.3
Ratings
4% above category average
Contract creation
9.00 Ratings
8.00 Ratings
Contract templates
7.80 Ratings
8.00 Ratings
Clause library/saved fields
8.30 Ratings
9.00 Ratings
Guided logic
8.00 Ratings
00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Emptoris
7.9
Ratings
5% below category average
SpotDraft
9.6
Ratings
15% above category average
Contract sharing
8.00 Ratings
10.00 Ratings
Contract editing
8.70 Ratings
10.00 Ratings
Collaborating on contracts
7.50 Ratings
10.00 Ratings
MS Word plug-in
7.50 Ratings
00 Ratings
Approval process
8.20 Ratings
10.00 Ratings
Interdepartmental workflows
7.80 Ratings
8.00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
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.
The best place to use SpotDraft is on contract negotiation. The entire life cycle of a contract negotiation is captured well on SpotDraft. Data is also crunched and displayed in dashboards. We get to prepare better first drafts of contracts when we know of areas which get heavily negotiated on.
There are a lot of new, exciting products coming out in every field and I believe that there is always something better right over the horizon. If it was my choice, I would review my usage of Emptoris and other software periodically to make sure I'm using the most efficient software possible.
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.
We eventually selected Apttus because of its close ties to Salesforce and quick implementation process. We were able to get the application installed and live in just a few weeks. For our purposes, it was a much better fit for us to generate and store contracts for our company without having to force a link to procurement.
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".