Emptoris vs. Workday Contract Lifecycle Management, powered by Evisort AI

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Emptoris
Score 5.5 out of 10
N/A
N/A
$59
Per User Per Month
Workday Contract Lifecycle Management, powered by Evisort AI
Score 0.0 out of 10
N/A
Workday Contract Lifecycle Management, powered by Evisort AI, streamlines end-to-end contract workflows. Its intelligent, AI-native contract repository can be up and running in days. It combines pre- trained and customizable AI with integrations and enterprise-grade governance.N/A
Pricing
EmptorisWorkday Contract Lifecycle Management, powered by Evisort AI
Editions & Modules
Emptoris
$59.00
Per User Per Month
No answers on this topic
Offerings
Pricing Offerings
EmptorisWorkday Contract Lifecycle Management, powered by Evisort AI
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
EmptorisWorkday Contract Lifecycle Management, powered by Evisort AI
Features
EmptorisWorkday Contract Lifecycle Management, powered by Evisort AI
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Emptoris
8.3
Ratings
4% above category average
Workday Contract Lifecycle Management, powered by Evisort AI
-
Ratings
Contract creation9.00 Ratings00 Ratings
Contract templates7.80 Ratings00 Ratings
Clause library/saved fields8.30 Ratings00 Ratings
Guided logic8.00 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Emptoris
7.9
Ratings
5% below category average
Workday Contract Lifecycle Management, powered by Evisort AI
-
Ratings
Contract sharing8.00 Ratings00 Ratings
Contract editing8.70 Ratings00 Ratings
Collaborating on contracts7.50 Ratings00 Ratings
MS Word plug-in7.50 Ratings00 Ratings
Approval process8.20 Ratings00 Ratings
Interdepartmental workflows7.80 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Emptoris
7.8
Ratings
6% below category average
Workday Contract Lifecycle Management, powered by Evisort AI
-
Ratings
Contract database7.70 Ratings00 Ratings
Contract search7.50 Ratings00 Ratings
Contract milestone reminders & alerts8.50 Ratings00 Ratings
Custom contract reports7.40 Ratings00 Ratings
Tracking contract status8.40 Ratings00 Ratings
Compliance check7.90 Ratings00 Ratings
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User Ratings
EmptorisWorkday Contract Lifecycle Management, powered by Evisort AI
Likelihood to Recommend
8.1
(0 ratings)
-
(0 ratings)
Likelihood to Renew
8.0
(0 ratings)
-
(0 ratings)
Usability
8.0
(0 ratings)
-
(0 ratings)
Support Rating
8.0
(0 ratings)
-
(0 ratings)
User Testimonials
EmptorisWorkday Contract Lifecycle Management, powered by Evisort AI
Likelihood to Recommend
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.
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Evisort is best when you already have all your contracts fully cleaned, designated, ordered, managed, linked, collated, titled and termed. It is not good if you expect the platform to help you go through a repository of contracts that you want the system to extract all the info you need and then you can decide easily what to keep and not etc - the sales team will tell you that the platform can do all of this. In my opinion, this isn't true.
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Pros
  • It consolidates the budget after invoicing in a summary.
  • All your receipts and invoices are managed on one platform.
  • It is also a single platform to see all your P50's, P2P and order in one place (statement of work)
  • It a good tool for managing projects.
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  • Houses Contracts centrally
  • Info display is pretty straight forward
  • Terms Search function is solid
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Cons
  • The only thing I would like to see is that is can hold mutiple attachments under the language tab.
  • I would like to see a function that allows all credentialing materials to be attached to Emptoris and sent to the next step as one complete package.
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  • Platform Implementation
  • AI intake of documents
  • How contracts are linked
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Likelihood to Renew
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.
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No answers on this topic
Usability
Emptoris is a pretty robust tool overall. Learning curve is small and it is simple to use
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It is clunkier than needs to be but it's not as bad as some of the other platforms we reviewed. The interface is pretty spartan, almost like reading a page and some color and segregation could help users segregate the UI by function and task. This is pretty straight forward but doubt they would implement
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Support Rating
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.
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For all of the reasons listed above, essentially, once the platform is implemented it has its value, however, knowing what you get before implementation, might give ppl pause. The cost is a bit misleading and the sales team over promises and under delivers in my opinion. This is not cool and creates issues inevitably, down the line.
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Alternatives Considered
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.
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Evisort is just getting in the game. Implementation is not as robust as Coupa and Adobe is more of a contract execution platform so it is not apples to apples to compare there. Essentially, Evisort is a a somewhat cheaper solution that is not a complete solution and needs more of an upfront lift than they would suggest.
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Return on Investment
  • 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".
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  • better Contract visibility
  • centralized ownership
  • contract alerts
Read full review
ScreenShots

Workday Contract Lifecycle Management, powered by Evisort AI Screenshots

Screenshot of the Ask AI featureScreenshot of automated redliningScreenshot of