Acquirell vs. Contract Logix

It is most appropriate to utilize Acquirell for processing the purchase orders with vendors. If you don't want to onboard the vendors into the system you may easily generate the POs in PDF. Acquirell includes amazing capabilities for running RFI, RFQ, and RFP events. It is very easy to manage purchase requisitions in a single system. Also, the tool is a good fit to manage the complex approval workflow. It is less appropriate to utilize Acquirell for managing contracts because instead of simply editing the text of the contract you should play with the configurations of the contract in the system and fill out various fields

Suited for legal depts to manage contracts from cradle to grave—security levels assigned to ensure the integrity of data. It's great for producing reports for management and managing renewals and expirations of agreements is convenient. Contract Logix also does not require extensive computer skills—easy to navigate. Probably not suited for contracts that need payments as there is no link to financials.

Incentivized

• Robust sourcing module with very flexible configurations is a great tool for running RFPs
• We can easily send POs to the suppliers via Acquirell
• The great Contract Management module lets us administrate the contracts easily
• We can easily handle the supplier database

• User friendly: Ease of data entry.
• Easy to generate reports.
• Searches can be done using various fields.

Incentivized

• Cannot edit the text of the contracts in the Contract Management module just like we were editing it in MS Word
• Accounts Payable is out of scope
• The Supplier Management module is "just okay". Acquirell team should develop features

• Emailing from Contract Logix could be improved, too many clicks.
• Copying of records cannot be done.
• Downloading documents can be improved, drag and drop should be available.
• Capability to store emails.

Incentivized

It really helps us to handle almost all our procurement activities (except the CLM process)

Easy to manage, little downtime in training, able to provide our needs to contract management.

Incentivized

Acquirell team has conducted the Zoom sessions with us to explain and clarify all the details. Their manager Olivia and their product manager Dimitri were really approachable If there arise any issues related to working in the system the Acquirell team is always trying to respond ASAP

Contract Logix' customer service is excellent. A definite plus if you are thinking of using Contract Logix.

Incentivized

I haven't evaluated any other procurement solutions. Before implementing Acquirell we were using emails, Word, and Excel in our procurement processes. Overall, it is much more convenient to conduct procurement activities in Acquirell rather than to collect the bids via email and keep a bunch of Word or Excel files.

Contract Logix is advanced and user-friendly and on the cloud. Easily customizable to your need. Some databases are more.

Incentivized

• Now the purchasing team saves a lot of time
• The number of errors has been reduced due to elimination of manual workflow
• Now we do not have to keep a lot of Word, Excel, or PDF files since most of the procurement data is stored in Acquirell. Therefore the data does not get lost

• Improved efficiency in managing contracts.
• Service to other departments has improved.
• Improved reporting system.

Incentivized