Audience

Procurement solution for businesses

About Acquirell

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

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Pricing

Starting Price:
$20 per user per month
Free Version:
Free Version available.
Free Trial:
Free Trial available.

Integrations

No integrations listed.

Ratings/Reviews - 3 User Reviews

Overall 5.0 / 5
ease 5.0 / 5
features 3.0 / 5
design 5.0 / 5
support 5.0 / 5
More Reviews Write a Review

Company Information

Acquirell
Founded: 2013
United States
acquirell.com

Videos and Screen Captures

Collect purchase requisitions from all departments and employees. Fast, easy, and effortless aggregation of identical requisitions. Approvals by different persons depending on the amount or other criteria. Create procurement plans for different time frames. Compare planned costs against budget constraints. Easily convert a requisition into a PO. Track the requisition status at all stages until the product or service is received from the supplier.

Collect purchase requisitions from all departments and employees. Fast, easy, and effortless aggregation of identical requisitions. Approvals by different persons depending on the amount or other criteria. Create procurement plans for different time frames. Compare planned costs against budget constraints. Easily convert a requisition into a PO. Track the requisition status at all stages until the product or service is received from the supplier.

Collect purchase requisitions from all departments and employees. Fast, easy, and effortless aggregation of identical requisitions. Approvals by different persons depending on the amount or other criteria. Create procurement plans for different time frames. Compare planned costs against budget constraints. Easily convert a requisition into a PO. Track the requisition status at all stages until the product or service is received from the supplier. Manage strategic sourcing for your product’s key cost components. Quickly compare offers and select the best one based on the criteria you control. Simple and advanced sourcing events for a wide variety of situations and relationships. Flexible configuration of all parameters; the mechanics of tenders are entirely under your control. Automate all stages of working with contracts. Prepare contracts according to templates. Partial auto-population based on the bidding results. Approvals within the company and with the supplier. Acquirell Screenshot 5 Automatic data collection to calculate procurement department’s KPIs. Built-in reports and dashboards for the most popular metrics.
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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Support
Online

Acquirell Frequently Asked Questions

Q: What kinds of users and organization types does Acquirell work with?
Q: What languages does Acquirell support in their product?
Q: What kind of support options does Acquirell offer?
Q: What type of training does Acquirell provide?
Q: Does Acquirell offer a free trial?
Q: How much does Acquirell cost?

Acquirell Product Features

Procurement

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

Acquirell Additional Categories

RFQ

RFx

Acquirell Verified User Reviews

Write a Review
  • Audrey D.
    Buyer
    Used the software for: 1-2 Years
    Frequency of Use: Weekly
    User Role: User
    Company Size: 26 - 99
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Acquirell Review by a Buyer"

    Posted 2023-08-23

    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.

    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".

    Overall: Overall, the Partnora procurement team moved almost all procurement activities from Excel, Word, Email, etc.
    However, we decided not to use the Contract Management module of Acquirell because it does not meet our requirements in terms of working with contracts.

    Read More...
  • Adriaan V.
    Procurement Manager
    Used the software for: 1-2 Years
    Frequency of Use: Weekly
    User Role: User
    Company Size: 26 - 99
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Acquirell Review by Adriaan"

    Posted 2023-05-17

    Pros: 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

    Cons: 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

    Overall: Overall Acquirell allows us to automate our business processes: RFPs, PO management, working with contracts, etc.
    Some things in Acquirell do not fit the business processes of ContracTree. For example, Requisitioning module is not so suitable for ContracTree. However, the team of Acquirell works towards improving the product.

    Read More...
  • Maxim F.
    Procurement Specialist
    Used the software for: Less than 6 months
    Frequency of Use: Weekly
    User Role: User, Administrator
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Acquirell: Sourcing and Procurement"

    Posted 2022-11-25

    Pros: 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: 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

    Overall: It is a nice tool if you just need to automate your PO processing and some basic sourcing activities without spending sufficient resources.
    It allowed us to digitize our RFQ and RFP events, and now we consider to utilize reverse auctions which we never used before.

    Read More...
    Reply from Acquirell
    Posted 2022-11-28
    Hi Michael, Thank you for your review. We have plans for developing integration with QuickBooks in our roadmap. This is our priority for the future. We strive to provide the community with the best possible SaaS procurement solution. Best regards, Acquirell Team.
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