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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

JETRACT is a cloud-based procurement software. It offers E-Procurement solutions such as electronic auction, request making, bid collection, approval process and delivery tracking. It develops software for you to conduct strategic procurement. In addition to cost and time saving, our solutions increase reportability and transparency. Bring your suppliers together on an electronic platform, benefit from the competitive environment and make efficient auctions. Increase your saving rates through different auctions that are tailored to your needs. Transfer your procurement process to the electronic environment. Manage the phases of bid collection, supplier evaluation, bid comparison, approval process, order, payment and delivery tracking through a single platform. Examine and report the project and department-based purchases. Add your peripheral units, departments, project or field teams to the system, make purchasing requests easier for your central procurement teams.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Procurement solution for businesses

Audience

Enterprises searching for a cloud-based procurement software for their electronic auction, bid collection, approval process and delivery tracking processes

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$20 per user per month
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Acquirell
Founded: 2013
United States
acquirell.com

Company Information

JETRACT
Founded: 2016
Turkey
jetract.com/en

Alternatives

Alternatives

ProcurEngine

ProcurEngine

AgileApt Solutions
Promena

Promena

Promena Strategic Procurement Solutions
RapidQuote

RapidQuote

eHub Software
ProcureHere

ProcureHere

Privasia
ProcurEngine

ProcurEngine

AgileApt Solutions

Categories

Categories

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Integrations

Amazon Web Services (AWS)

Integrations

Amazon Web Services (AWS)
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