What is Acquirell?

Every staff member has the ability to create purchase requisitions, supported by a visually adjustable approval workflow. The system includes features for requisition planning, budgeting, and procurement strategy. Users can engage in in-app conversations with suppliers to verify the acknowledgment of purchase orders. The learning experience is remarkably efficient, requiring only one day for users to become proficient. Its user-friendly design ensures that both employees and suppliers can easily navigate the interface within minutes. There is no need for installation or server management, as it is a mobile-compatible, ready-to-use solution that is regularly updated in the cloud. Additionally, it offers top-tier security through SSL encryption and single sign-on (SSO) authentication to safeguard user data. This blend of convenience, security, and functionality makes the platform an exceptional choice for modern procurement needs.

Pricing

Price Starts At:
$20 per user per month
Free Version:
Free Version available.
Free Trial Offered?:
Yes

Integrations

No integrations listed.
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Screenshots and Video

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.

Company Facts

Company Name:
Acquirell
Date Founded:
2013
Company Location:
United States
Company Website:
acquirell.com
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Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Nonprofit
Government
Startup
Supported Languages
English

Acquirell Categories and Features

Procurement Software

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

Contract Lifecycle Management (CLM) Software

More Acquirell Categories

RFx

RFQ

Acquirell Customer Reviews

Write a Review
  • Reviewer Name: Audrey D.
    Position: Buyer
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Acquirell Review by a Buyer

    Date: Aug 23 2023
    Summary

    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.

    Positive

    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.

    Negative

    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".

    Read More...
  • Reviewer Name: Adriaan V.
    Position: Procurement Manager
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Acquirell Review by Adriaan

    Date: May 17 2023
    Summary

    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.

    Positive

    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

    Negative

    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

    Read More...
  • Reviewer Name: Maxim F.
    Position: Procurement Specialist
    Has used product for: Less than 6 months
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Acquirell: Sourcing and Procurement

    Date: Nov 25 2022
    Summary

    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.

    Positive

    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

    Negative

    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

    Read More...
    Official Acquirell Response
    Date: Nov 28 2022
    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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