Acquirell vs. Emptoris

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Acquirell
Score 8.5 out of 10
Mid-Size Companies (51-1,000 employees)
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
AcquirellEmptoris
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
AcquirellEmptoris
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AcquirellEmptoris
Features
AcquirellEmptoris
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 creation00 Ratings9.04 Ratings
Contract templates00 Ratings7.84 Ratings
Clause library/saved fields00 Ratings8.34 Ratings
Guided logic00 Ratings8.02 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 sharing00 Ratings8.04 Ratings
Contract editing00 Ratings8.74 Ratings
Collaborating on contracts00 Ratings7.53 Ratings
MS Word plug-in00 Ratings7.52 Ratings
Approval process00 Ratings8.24 Ratings
Interdepartmental workflows00 Ratings7.84 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Acquirell
-
Ratings
Emptoris
7.8
5 Ratings
6% below category average
Contract database00 Ratings7.75 Ratings
Contract search00 Ratings7.55 Ratings
Contract milestone reminders & alerts00 Ratings8.53 Ratings
Custom contract reports00 Ratings7.44 Ratings
Tracking contract status00 Ratings8.44 Ratings
Compliance check00 Ratings7.93 Ratings
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User Ratings
AcquirellEmptoris
Likelihood to Recommend
8.5
(2 ratings)
8.1
(15 ratings)
Likelihood to Renew
8.2
(1 ratings)
8.0
(10 ratings)
Usability
-
(0 ratings)
8.0
(2 ratings)
Support Rating
9.1
(1 ratings)
8.0
(2 ratings)
User Testimonials
AcquirellEmptoris
Likelihood to Recommend
Acquirell
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
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IBM
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.
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Pros
Acquirell
  • 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
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IBM
  • 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.
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Cons
Acquirell
  • 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
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IBM
  • 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.
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Likelihood to Renew
Acquirell
It really helps us to handle almost all our procurement activities (except the CLM process)
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IBM
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.
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Usability
Acquirell
No answers on this topic
IBM
Emptoris is a pretty robust tool overall. Learning curve is small and it is simple to use
Read full review
Support Rating
Acquirell
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
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IBM
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.
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Alternatives Considered
Acquirell
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.
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IBM
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
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Return on Investment
Acquirell
  • 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
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IBM
  • 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".
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ScreenShots

Acquirell Screenshots

Screenshot of Collects purchase requisitions from all departments and employees. Aggregates identical requisitions. Approvals by different persons depending on the amount or other criteria. Creates procurement plans for different time frames. Compare planned costs against budget constraints. Convert a requisition into a PO. Track the requisition status at all stages until the product or service is received from the supplier.Screenshot of Sourcing events for a wide variety of situations and relationships. Configuration of all parameters; the mechanics of tenders are under the user's control.Screenshot of Manages strategic sourcing for a product’s key cost components. Compare offers and select the best one based on any criteria.Screenshot of Automates 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.Screenshot of Create the approval routes and assign the controllers. Spending controls with standardized approval processes.Screenshot of Automatic data collection to calculate procurement department’s KPIs. Built-in reports and dashboards for the most popular metrics.