Emptoris, Inc.

From Wikipedia, the free encyclopedia

Emptoris is a leading provider of supply and contract management software solutions. The Emptoris software suite includes solutions for contract management, sourcing, spend analysis, and compliance, as well as supplier performance management. According to the company’s website, “Emptoris solutions allow business to quickly and successfully drive ongoing total cost reductions; increase revenue; and manage compliance and mitigate risk.” Emptoris solutions are used by Global 2000 companies in every industry, and customers include American Express, Boeing, Cigna, ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, Syngenta, UnitedHealthCare and Vodafone.

Emptoris Spend Analysis allows companies to identify savings opportunities and monitor the effectiveness of spend management initiatives across every category of corporate spending by leveraging automated spend classification which delivers accurate, granular spend visibility.

Emptoris Sourcing automates sourcing events from reverse auctions to complex multi-stage negotiations and enables companies to “realize the best value, not just the best price,” from their supply base by factoring cost, risk, and performance drivers into decision-making.

Emptoris Contract Management delivers “greater control and more profitable sales and procurement contracts” by automating and optimizing the management of contracts from creation and execution through performance monitoring, analysis, and re-negotiation.

Emptoris Compliance ensures operational and regulatory compliance and drives down risk across the supply base via monitoring of spend and contracts.

Emptoris Supplier Performance Management enables evaluation and tracking of supplier performance through a central repository of key performance indicators and scorecards and a robust assessment capability that identifies root cause performance drivers.

Emptoris solutions are consistently recognized as the leading solutions in their markets by independent research firms such as Gartner, Forrester and AMR Research. Gartner, Inc., a leading independent provider of research and analysis on the global information technology industry, has positioned Emptoris in the leaders quadrant in its research report titled, “Magic Quadrant For Sourcing Application Suites, 2008.” In March 2008, Gartner also published “Vendor Rating: Emptoris,” and gave Emptoris an overall “positive” rating. In July 2007, Gartner rated Emptoris a "Strong Positive," the highest possible rating, in its "MarketScope for Contract Management Software, 2007" report. Forrester Research, in its report entitled “The Forrester Wave™: eSourcing Suites” gave Emptoris the number one ranking for its sourcing suite.

Emptoris is headquartered in Burlington, MA, along the Route 128 technology corridor, with operations in Silicon Valley, CA, as well as in London, UK; Paris, France; Munich, Germany; Singapore; and Pune, India. The company was founded by Avner Schneur, the company’s president and Chief Executive Officer, in 1999.