Acquirell vs. SAP Business Network

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
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.N/A
Pricing
AcquirellSAP Business Network
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
AcquirellSAP Business Network
Free Trial
YesYes
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Best Alternatives
AcquirellSAP Business Network
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10

No answers on this topic

Medium-sized Companies
Esker
Esker
Score 9.8 out of 10

No answers on this topic

Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 6.8 out of 10

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All AlternativesView all alternativesView all alternatives
User Ratings
AcquirellSAP Business Network
Likelihood to Recommend
8.5
(2 ratings)
8.4
(30 ratings)
Likelihood to Renew
8.2
(1 ratings)
6.4
(1 ratings)
Usability
-
(0 ratings)
9.0
(2 ratings)
Support Rating
9.1
(1 ratings)
-
(0 ratings)
Implementation Rating
-
(0 ratings)
7.3
(1 ratings)
User Testimonials
AcquirellSAP Business Network
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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SAP
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.
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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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SAP
  • 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.
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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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SAP
  • In some cases, it promises a lot but still lacks more partners joined to the network
  • Being the pioneer, the idea behind the product can be confusing sometimes
  • It is still not accessible for all kinds of markets (especially small and mid sizes)
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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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SAP
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.
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Usability
Acquirell
No answers on this topic
SAP
It's a great system that allows to dig deeper into a lot of important purchasing related problems and adopt better practices business-wise.
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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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SAP
No answers on this topic
Implementation Rating
Acquirell
No answers on this topic
SAP
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
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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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SAP
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.
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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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SAP
  • 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.
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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.