Acquirell is a SaaS
procurement technology suite solution tailored to SMBs. Acquirell enables businesses
to save the time of their procurement teams by eliminating manual workflow and automating
the procurement process. The E-Sourcing module of
Acquirell enables the companies to attain more savings on purchased
volume by conducting various forms of sourcing events.
Acquirell helps to eliminate the following issues that SMBs face in their day-to-day…
$20
per month per user
Emptoris
Score 5.5 out of 10
N/A
N/A
$59
Per User Per Month
Pricing
Acquirell
Emptoris
Editions & Modules
Free
$0
per month per user
Team
$20
per month per user
Enterprise
Contact Us
Emptoris
$59.00
Per User Per Month
Offerings
Pricing Offerings
Acquirell
Emptoris
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
—
More Pricing Information
Community Pulse
Acquirell
Emptoris
Features
Acquirell
Emptoris
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Acquirell
-
Ratings
Emptoris
8.3
4 Ratings
3% above category average
Contract creation
00 Ratings
9.04 Ratings
Contract templates
00 Ratings
7.84 Ratings
Clause library/saved fields
00 Ratings
8.34 Ratings
Guided logic
00 Ratings
8.02 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Acquirell
-
Ratings
Emptoris
7.9
4 Ratings
3% below category average
Contract sharing
00 Ratings
8.04 Ratings
Contract editing
00 Ratings
8.74 Ratings
Collaborating on contracts
00 Ratings
7.53 Ratings
MS Word plug-in
00 Ratings
7.52 Ratings
Approval process
00 Ratings
8.24 Ratings
Interdepartmental workflows
00 Ratings
7.84 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
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
If you have a highly bureaucratic organization that is heavily focused on procurement, Emptoris can provide some value. It seemed to be very good at linking the contract information to procurement for better spend control. If you are trying to implement a standalone contract management solution that allows you to easily create contracts and store them in a central location, this isn't the tool for you. There doesn't appear to be a simplified implementation. In general, when a SaaS solution has a complicated and expensive implementation, I am very skeptical. This does not show that the vendor is trying to move customers forward on a single code base. If that many things need to be done during implementation, you are starting to customize the solution for every customer. This hurts the vendor's ability to scale and make improvements in the future.
Document protection - the Check Out contract feature is a great way to allow external parties to make modifications to contract language without the ability to accept those changes. Those redlines can then be imported back into Emptoris and reviewed or further modified as needed.
Notifications & reminders - you can trigger an email manually from within the system, or you can configure automated notifications andreminders to alert users when a new task is received or has aged a given amount of days, etc.
Interview wizard - there is a lot of value in the interview wizard. Administrators can configure screens with selecting options via check boxes, radio buttons, or typed-in values. Variables and conditions can be used to selectively populate fields within the contract or apply other options, making for a quick and convenient method to generate contracts conforming to corporate standards.
Field customization - administrators can customize a list of options for various fields including contract substatus, address type, and user created business term variables.
Approvals - many different options are available to configure approvals to trigger automatically upon presenting and/or executing the contract including specific individuals, one or more approver groups, or based upon various criteria including terms within the contract, type of contract, or the contract's owning organization.
Reporting, Emptoris comes with standard reports which can not always can be fit into our business. This needs to be improved. I hope Emptoris is addressing this issue in their latest releases.
Though the feature of editing language in MS word is excellent, loading MS word takes time.
There are a lot of new, exciting products coming out in every field and I believe that there is always something better right over the horizon. If it was my choice, I would review my usage of Emptoris and other software periodically to make sure I'm using the most efficient software possible.
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
The above rating for the overall support from Emptoris is for their product / product support, roll out training and refresher training / ongoing training, which is not only good but superior. There is no major or reconizable bad review that can be given to Emptoris at this point in time, from where is stands.
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.
I am a fan of Ariba to be used for the entire lifecycle of Sourcing. From RFX's to cutting PO's. I feel Emptoris misses the boat on the idea of a "One Stop Shop" for all of your Sourcing/Purchasing needs
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
We won the 2005 Baseline Magazine Award for best ROI related to a technology implementation with an ROI 5544% (see 2005 Baseline ROI Awards, GlaxoSmithkline).
We always felt we could do "two times the work, with half the people and deliver double the savings".