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About

Acquirell is a Corporate Procurement Platform that empowers SMBs to get the best terms from suppliers and have complete control over procurement. Acquirell includes the following modules: Requirements - assemble and approve requirements across departments and employees. Plan your purchases, along with informative dashboards PO processing - quickly create POs and send them to suppliers in a single system E-Sourcing - get the best prices from suppliers by conducting various forms of sourcing events: from the simplest ones, with RFQs sent to all suppliers, to auctions Contract Lifecycle Management - automate working with contracts: from initiating to archiving Supplier Relationship Management - control interaction with suppliers and manage the contractor database. Easily engage suppliers: invitations, easy registration, intuitive interface, single supplier workspace Analytics – reports on key procurement data: from budget savings to the percentage of unplanned POs

About

ISPnext helps more than 450 organisations improve their procurement and finance operations through an intelligent, cloud-based Source-to-Pay platform. By bringing invoices, contracts, suppliers, procurement and spend data together in one environment, ISPnext enables organisations to automate processes, reduce costs, strengthen supplier relationships and manage risk more effectively. Powered by nextAI, the platform transforms data into actionable insights and gives teams real-time visibility and control over spend. ISPnext’s integrated solutions support the entire Source-to-Pay process and connect seamlessly with leading ERP systems. With offices in the Netherlands, Germany and the United Kingdom, ISPnext supports organisations internationally with implementation, customer success and continuous optimisation.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Procurement solution for businesses

Audience

Procurement and Finance teams seeking an integrated Source-to-Pay platform

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$20 per user per month
Free Version Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 3.0 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Pros & Cons from Real Users

Pros

  • Acquirell allows us to manage the POs and conduct RFI, RFQ, and RFP events. We can handle our requisitions in electronic form in one system just by attaching line items (requirements). Easy to communicate with vendors and within a team. The communication is recorded. Approval routes configuration in Acquirell helps us to manage complex approval workflow.
  • 1. We can run RFPs with ease through the Sourcing module in Acquirell 2. All critical tools for us like POs, Contracts, Vendor Database, and eSourcing are in one place 3. We can sign a contract right after completing RFP 4. We can run prequalification prior to main sourcing events
  • 1. Intuitive and convenient interface without dozens of confusing workspaces 2. The robust sourcing module. It is possible to run instant sourcing events (e.g. RFQ, RFP) just after a couple of hours of learning 3. It enables me to easily collect purchasing requirements from employees and quickly send POs to the suppliers in one system 4. Flexible approval routes tool 5. Affordable price

Cons

  • It is not possible to edit the text of the contracts just like in MS Word. Accounts Payable is out of scope. The Supplier Management module is "just okay".
  • 1. Acquirell is designed more for the procurement of physical products rather than services. We had to play with evaluation criteria to tailor the RFPs to the procurement of services 2. No invoicing, we have to attach the files 3. Requisitioning is not convenient
  • 1. The lack of default integrations. It is a matter of discussion. It was essential for us to integrate Acquirell with our QuickBooks. I had to spend my time discussing all integration details with their team. 2. The evaluation criteria in the sourcing module are a bit confusing. I spent around a day to understand how this tool works. Luckily, it is possible to run sourcing events by applying only price criteria without configuring tens of other criteria

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Acquirell
Founded: 2013
United States
acquirell.com

Company Information

ISPnext
Founded: 2000
Netherlands
www.ispnext.com/en/

Alternatives

Alternatives

Coupa

Coupa

Coupa Software
Promena

Promena

Promena Strategic Procurement Solutions
JAGGAER One

JAGGAER One

JAGGAER

Categories

Procurement Supported
RFQ Supported

Categories

AP Automation Supported
Procure to Pay Supported
Procurement Supported
Risk Management Supported
Spend Management Supported
Vendor Management Supported

Procurement Features

Asset Management Supported
Auction Management Supported
Bid Management Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Supported
Receiving Not Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Procurement Features

Asset Management Not Supported
Auction Management Not Supported
Bid Management Not Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Supported
PunchOut Supported
Purchase Order Management Not Supported
Receiving Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Contract Management Features

Buy Side (Suppliers) Supported
Completion Tracking Not Supported
Compliance Tracking Supported
Contract Lifecycle Management Supported
Electronic Signature Supported
Full Text Search Supported
Government Contracts Not Supported
Pre-built Templates Supported
Sell Side (Customers) Not Supported
Specialty Contracts Not Supported
Version Control Not Supported
Workflow Management Supported

Procure to Pay Features

Billing & Invoicing Supported
Budgeting / Forecasting Supported
Compliance Management Supported
Contract Lifecycle Management Supported
Financial Reporting Not Supported
Integration Management Supported
Inventory Management Not Supported
Order Management Not Supported
Vendor Management Supported

Risk Management Features

Alerts/Notifications Supported
Auditing Not Supported
Business Process Control Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Supported
Exceptions Management Not Supported
Internal Controls Management Not Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Not Supported
Risk Assessment Supported

Spend Management Features

Approval Workflow Not Supported
Budgeting / Forecasting Supported
Expense Tracking Not Supported
Multi-Currency Not Supported
Prepaid Cards Not Supported
Procurement Management Supported
Receipt Management Not Supported
Spend Analysis Supported
Spend Control Supported
Supplier Management Supported

Vendor Management Features

Audit Management Supported
Contact Management Supported
Customer Database Not Supported
Self Service Portal Supported
Supplier Master Data Supported
Transaction History Not Supported
Vendor Maintained Profiles Supported
Vendor Managed Inventory Not Supported
Vendor Performance Rating Supported
Vendor Qualification Tracking Supported

Integrations

Exact Globe+ Not Supported
Exact Online Not Supported
IFS Ultimo Not Supported
Infor LN Not Supported
Infor M3 Not Supported
Infor SyteLine Not Supported
JD Edwards EnterpriseOne Not Supported
Microsoft Dynamics 365 Business Central Not Supported
Microsoft Dynamics 365 Finance Not Supported
SAP ECC Not Supported
SAP HANA Not Supported
Sage 200 Not Supported

Integrations

Exact Globe+ Supported
Exact Online Supported
IFS Ultimo Supported
Infor LN Supported
Infor M3 Supported
Infor SyteLine Supported
JD Edwards EnterpriseOne Supported
Microsoft Dynamics 365 Business Central Supported
Microsoft Dynamics 365 Finance Supported
SAP ECC Supported
SAP HANA Supported
Sage 200 Supported
Claim Acquirell and update features and information
Claim Acquirell and update features and information
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Claim ISPnext and update features and information