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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Acquirell

    Score8.5 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

    Score5.5 out of 10
    N/AN/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
    Features
    AcquirellEmptoris
    Contract Authoring
    Comparison of Contract Authoring features of Acquirell and Emptoris
    Feature
    Acquirell
    -
    Ratings
    Emptoris
    8.3
    4 Ratings
    1% 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 Acquirell and Emptoris
    Feature
    Acquirell
    -
    Ratings
    Emptoris
    7.9
    4 Ratings
    4% 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 Acquirell and Emptoris
    Feature
    Acquirell
    -
    Ratings
    Emptoris
    7.8
    5 Ratings
    5% 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
    Best Alternatives
    AcquirellEmptoris
    Small Businesses
    No answers on this topic
    DocuSign CLM
    Score8.2 out of 10
    Medium-sized Companies
    Precoro
    Score9.5 out of 10
    Conga CLM
    Score8.8 out of 10
    Enterprises
    GEP Quantum Intelligence
    Score9.1 out of 10
    Conga CLM
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    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
    Read full review
    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.
    Incentivized
    Read full review
    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
    Read full review
    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.
    Incentivized
    Read full review
    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
    Read full review
    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.
    Read full review
    Likelihood to Renew
    Acquirell
    It really helps us to handle almost all our procurement activities (except the CLM process)
    Read full review
    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.
    Incentivized
    Read full review
    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
    Incentivized
    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
    Read full review
    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.
    Incentivized
    Read full review
    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.
    Read full review
    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
    Incentivized
    Read full review
    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
    Read full review
    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".
    Incentivized
    Read full review
    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.