Acquirell vs. LinkSquares

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
LinkSquares
Score 8.0 out of 10
N/A
LinkSquares headquartered in Boston offers a contract management solution featuring AI-driven analytics, metadata extraction, and secure contract centralization and repository.N/A
Pricing
AcquirellLinkSquares
Editions & Modules
Free
$0
per month per user
Team
$20
per month per user
Enterprise
Contact Us
No answers on this topic
Offerings
Pricing Offerings
AcquirellLinkSquares
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
AcquirellLinkSquares
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
AcquirellLinkSquares
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Acquirell
-
Ratings
LinkSquares
8.1
3 Ratings
1% above category average
Contract creation00 Ratings8.01 Ratings
Contract templates00 Ratings8.01 Ratings
Clause library/saved fields00 Ratings7.63 Ratings
Guided logic00 Ratings9.02 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Acquirell
-
Ratings
LinkSquares
6.3
1 Ratings
28% below category average
Contract sharing00 Ratings8.01 Ratings
Collaborating on contracts00 Ratings5.01 Ratings
Approval process00 Ratings6.01 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Acquirell
-
Ratings
LinkSquares
9.0
3 Ratings
8% above category average
Contract database00 Ratings9.33 Ratings
Contract search00 Ratings9.03 Ratings
Contract milestone reminders & alerts00 Ratings8.73 Ratings
Custom contract reports00 Ratings9.33 Ratings
Tracking contract status00 Ratings8.52 Ratings
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User Ratings
AcquirellLinkSquares
Likelihood to Recommend
8.5
(2 ratings)
9.0
(3 ratings)
Likelihood to Renew
8.2
(1 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
9.7
(3 ratings)
Support Rating
9.1
(1 ratings)
9.7
(3 ratings)
User Testimonials
AcquirellLinkSquares
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
LinkSquares
This is an excellent contract repository. I like the ability to upload a pdf, which is read by LinkSquares' OCR. The fidelity of the searchable documents is extraordinary. I really like the flexibility in terms of what contract language you want reporting on and the reporting capabilities are second to none.
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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
Read full review
LinkSquares
  • It's intuitive.
  • It's easy to use.
  • The AI program is accurate.
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
LinkSquares
  • The search function doesn't work if there's a misspelling.
  • The tagging function isn't always smooth.
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
LinkSquares
No answers on this topic
Usability
Acquirell
No answers on this topic
LinkSquares
Very easy to use 'out of the box'. Excellent customer support to help when something out of the ordinary is needed.
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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LinkSquares
I haven't had a ton of support needs, honestly. We have just a couple of users and we haven't needed much support. I do know that if I ever need anything, that I have an account manager there to help and they have always ben very responsive to my needs
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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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LinkSquares
I compared LinkSquares to a number of other tools and found LinkSquares to be right-sized and flexibly priced for our use case.
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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
Read full review
LinkSquares
  • Better contract reporting.
  • Easily searchable contract database.
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.