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IBM Emptoris

Name: IBM Emptoris
Rating: 4.5 (2 reviews)

By IBM

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Highlights : About IBM Emptoris

Buy Side (Suppliers)

Compliance Tracking

Sell Side (Customers)

Version Control

Contract Lifecycle Management

Full Text Search

Pre-built Templates

Workflow Management

About IBM Emptoris

IBM Emptoris Contract Management helps global businesses manage the entire contract lifecycle, from renewals to renegotiation. The system is accessible via the IBM SoftLayer Federal Cloud, specifically designed for US Federal Government Agencies and any business that requires FedRAMP compliancy. With Emptoris, businesses oversee all types of contracts, such as sales, procurement, and enterprise. The software increases global contract visibility, creating sronger contracts and optimizing legal resources. The system also helps improve supplier relationships by mitigating risk and automates contract management processes, helping decrease time to closure and improving client experiences. Using Emptoris combined with an integrated procurement software platform, users have greater control over expenditures and can increase savings throughout the source-to-pay cycle.

Specifications

Business Size

Enterprise

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Contact Creation, Execution, and Discovery

Contract Renegotiation

Contract Management

Contract Renewals

Performance, Monitoring, and Analysis

Benefits

Simplifies the way you manage your contracts

IBM Emptoris Contract Management simplifies the way you manage your contracts so that you have everything under control. From the creation of your contracts to negotiation and enforcement, IBM Emptoris Contract Management stays with you at every stage of the contract lifecycle. This web-based contract management tool lets you create, approve, negotiate, execute, and amend contracts. You can also centralize the storage of all your contracts, making organization and access quick and easy for future reference.

Generate and manage all types of contracts

IBM Emptoris Contract Management can generate and manage all types of contracts. Do you want to draft an enterprise contract with your terms? No problem. How about procurement and sales contracts? Taken care of. The best part is that the system automates all contract management process, allowing you to accelerate time to closure, improve your revenue, and build strong customer relationships.

Faster and more reliable

With IBM Emptoris Contract Management, you effortlessly turn all your contract management workflows into faster and more reliable processes. The system provides you with total visibility into all your contracts so you can optimize all aspects of your terms and conditions and adhere to industry standards, best practices, and legal requirements.

To build and foster fruitful relationships with your suppliers

The software gives you the tools you need to build and foster fruitful relationships with your suppliers. As you create strong partnerships and drive productive commitments, IBM Emptoris Contract Management helps you drive compliance and significantly reduce operational risks for your procurement processes.