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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

Streamline supplier collaboration. The relationship between buyers and suppliers is broken. Every quote, purchase order and invoice is still emailed repeatedly, updated manually and chased down daily. Our SaaS solution creates real-time visibility and accountability between you and your suppliers. Plus, it integrates with your ERP system ensuring that pricing, quantity, lead times and delivery dates are accurate. With automated workflows and accurate information, you can cut your risk. SourceDay’s cloud solution digitally transforms collaboration between buyers and suppliers. Now, you can manage your direct spend more efficiently from quotes to purchase orders to invoices and quality control. Ditch your spreadsheets. Manually managing RFQs puts you at risk for errors or a quote getting lost in your inbox. Digitizing your RFQ process makes it easy to compare quotes and make better-informed decisions.

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

Organizations that need a supplier collaboration platform

Support

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

Support

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

API

Offers API Not Supported

API

Offers API Not 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 Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Acquirell
Founded: 2013
United States
acquirell.com

Company Information

SourceDay
Founded: 2013
United States
SourceDay.com

Alternatives

Alternatives

Promena

Promena

Promena Strategic Procurement Solutions
Axya

Axya

Axya, Inc.
RapidQuote

RapidQuote

eHub Software

Categories

Procurement Supported
RFQ Supported

Categories

Procurement Supported
Purchase Order Supported
Purchasing Supported
RFQ 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

Integrations

Epicor Kinetic Not Supported
SyteLine ERP (CloudSuite Industrial) Not Supported

Integrations

Epicor Kinetic Supported
SyteLine ERP (CloudSuite Industrial) Supported
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