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
SAP Business Network
Score 8.7 out of 10
N/A
SAP Business Network is a comprehensive B2B collaboration platform that connects people, processes, and systems across multiple enterprises, digitizing transactions, and creating transparent, resilient, and sustainable supply chains.
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
I have also worked with social media management tools like Hootsuite and Buffer. Although these tools are best for scheduling and cross-platform sharing, SAP Business Network is far more effective in handling influencer marketing and teamwork. The opportunity to participate in a closed platform for influencers and collect analytical data made SAP Business Network more suitable for our needs.
Streamlined Purchasing and Supplier Management because it enables data-driven decisions on supplier selection by accessing cost performance and compliance.
Real-time supply Chain Visibility and Collaboration are important because they provide end-to-end visibility on the supply chain, allowing companies or organizations to track shipments and respond very quickly to issues.
Cost Control and Sustainability Tracking because it offers tools for financial management.
The platform also collaborates directly with suppliers.
Enhancing and enabling partners to update order statuses immediately, share documentation, and communicate issues.
Up to now due to delay not fulfilling the envisaged business case. However, expectation that we can still ramp the usage based on existing scope. Further, we foresee additional scope which would give us an additional business case going forward, extending the Business Network usage to Warehouse Service Provider integration.
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
Good performance from SAP as key deployment partner; collaboration and deployment with additional business partner for data provision and business partner onboarding was rather difficult, slowing down the project progress and overall success perception
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.
Before we chose SAP Business Network, we looked at Oracle Supply Chain Management Cloud and Infor Supply Chain Management. While SAP Business Network boasted robust features, the fact that our existing ERP system could be integrated with the tool in a better fashion, and it was more intuitive, sealed the deal for us.
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
SAP Business Network's streamlined supply chain and procurement processes have significantly reduced operational costs and improved resource allocation, leading to enhanced overall efficiency.
The platform's robust analytics have provided valuable insights, facilitating data-driven decision-making and enabling us to make more informed strategic choices, ultimately contributing to improved business performance.
Implementing and integrating the SAP Business Network initially required a substantial financial investment, impacting short-term cash flow and potentially delaying other critical business initiatives.