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IBM Emptoris
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IBM Emptoris

Overview
Synopsis

IBM Emptoris Sourcing helps to optimize allocations in your direct and indirect spend categories by factoring cost, risk and performance into sourcing decisions. Improve value as well as price from your supply base and automate virtually all sourcing events from reverse auctions and RFxs, to complex multi-stage negotiations.

Category

Contract Lifecycle Management Software

Features

Advance Sourcing Capabilities
Allocation of more spending to prefer suppliers
Automation of sourcing procedures
Dynamic sourcing
Multi-line proposals
Templates
Consistent workflows
Feedback to suppliers

License

Proprietary

Price

Contact for pricing

Pricing

Subscription

Free Trial

Available

Users Size

Small (<50 employees), Medium (50 to 1000 employees), Enterprise (>1001 employees)

Company

IBM Emptoris

PAT Rating™ ( Beta)
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
8.8
8.3
Features & Functionality
8.6
8.0
Advanced Features
8.8
8.4
Integration
8.7
8.0
Performance
8.7
8.7
Customer Support
8.6
8.0
Implementation
8.0
Renew & Recommend
8.0
Bottom Line

Provide both broad and granular visibility into corporate sourcing data. Improve your supplier collaboration relationships, reduce costs and spark innovation.

8.7
Editor Rating
8.2
Aggregated User Rating
2 ratings
You have rated this

Emptoris Sourcing is an IBM software that simplifies complex sourcing decisions and events, helping to optimize value and reduce costs. It helps to optimize allocations in the direct and indirect spend categories by factoring cost, risk and performance into sourcing decisions.

Users can improve value as well as price from their supply base and automate virtually all sourcing events from reverse auctions and RFxs to complex multi-stage negotiations. Also, they can provide both broad and granular visibility into corporate sourcing data and improve their supplier collaboration relationships, reducing costs, and sparking innovation. With it, users can identify sustainable savings. This cost reduction aspect can be applied across complex spend categories using advances sourcing capabilities. Users can transition quickly from addressing simpler spend categories to managing more complex spend categories. Also, users are able to mitigate risks and improve compliance.

Buyers also experience less risk, as they can source faster sompleting negotiations in less time with fewer resources. Emptoris Sourcing gives greater visibility and transparency throughout the sourcing process. It reduces risk exposure by evaluating items throughout the entire process, and allocates more spending to prefer suppliers. Moreover, it optimizes productivity and saves time.

It lets users upgrade their process through shorter cycle times and better spending controls. It streamlines, defines and automates sourcing procedures and frees up resources to run more events. With Emptoris Sourcing, the procurement landscape and sourcing become dynamic. Users can improve their sourcing strategies and relationships with suppliers by taking the data crunching out of sourcing decision-making.

The process becomes automated, by building multi-line proposals and quotes with flexible forms, templates, wizards and consistent workflows. This also allows gathering and comparing the supplier bid data. Emptoris Sourcing is fantastic in allowing more flexible awarding. Users can create more accurate and optimal award scenarios with advanced modelling options. This can be done incrementally or with re-run scenarios at a later date. Users can give feedback to suppliers, allowing them to offer innovative solutions and optimize their bids.

You may like to read: Top Contract Lifecycle Management Software, Top Free Contract Management Software and How to Select the Best Contract Lifecycle Management Software for Your Business

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1 Reviews
  • Makhi
    July 18, 2017 at 5:26 pm

    Realize the benefits of your investment in technology solutions as quickly and as extensively as possible

    Company size

    Medium (50 to 1000)

    User Role

    Executive

    User Industry

    Pharmaceutical

    Rating
    Ease of use8.4

    Features & Functionality8

    Maximize solution adoption and ROI, as well as develop best practices, opportunity assessment and sourcing event management.

    Advanced Features8.4

    Integration8

    Training 8

    Customer Support8

    Implementation8

    ADDITIONAL INFORMATION
    The software enables you to have a flexible and scalable suite of services to expedite and extend the value of IBM Emptoris Strategic Supply Management solutions for Procurement that can be tailored to meet a company’s unique needs and business objectives.

Ease of use
Features & Functionality
Advanced Features
Integration
Performance
Customer Support
Implementation
Renew & Recommend

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