---
description: Review of Acquirell Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Acquirell | Reviews, Pricing & Demos - SoftwareAdvice NZ
---

Breadcrumb: [Home](/) > [Contract Lifecycle Management Software](/directory/391/contract-lifecycle-management-software/software) > [Acquirell](/software/341133/acquirell)

# Acquirell

Canonical: https://www.softwareadvice.co.nz/software/341133/acquirell

> Acquirell is a procurement automation technology suite solution tailored to SMEs. The product enables the businesses to reduce purchasing costs, get an additional profit of 15% of the procured volume, and more per year through streamlining the procurement processes within one entity.

Nowadays, the growing small and mid-market businesses face a variety of obstacles while managing the procurement process. With continued company growth, it is not possible to handle the procurement process using traditional tools like Excel or paper sheets. The consequent rise of the purchasing volume furthers the company to revise the whole procurement process and consolidate requisition management, PO and contract workflow, holding sourcing events, supplier database, and analytic within into one system. 

Acquirell provides an ability to consolidate the processes mentioned above through the following product modules:

Requirement planning – consolidate purchase requisitions across different company entities and dispose of sophisticated approval patterns.

E-Purchasing - automate PO workflow within a fully integrated procurement system to eliminate manual work and minimize errors.

Contract lifecycle management - ensure compliance by automating all phases of contract management to reduce time waste and minimize errors.

E-sourcing - procure the essential items at the best terms through holding instant e-sourcing events holding forward auctions, reverse auctions, Dutch auctions, and RFP events.

Supplier database management – evaluate the suppliers, record supplier communication, and establish long-term relationships with key strategic suppliers within one database. 

Spend analytics – track and control the purchasing expenses. Enhance the procurement strategy by analyzing purchasing expenses reports.

Approval routes – set up the approval routes and identify the controllers to ensure the convenience of procurement processes.
> 
> Verdict: Rated **5.0/5** by 2 users. Top-rated for **Likelihood to recommend**.

-----

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **5.0/5** | 2 Reviews |
| Ease of Use | 5.0/5 | Based on overall reviews |
| Customer Support | 5.0/5 | Based on overall reviews |
| Value for Money | 5.0/5 | Based on overall reviews |
| Features | 3.5/5 | Based on overall reviews |
| Recommendation percentage | 90% | (9/10 Likelihood to recommend) |

## About the vendor

- **Company**: Acquirell
- **Founded**: 2013

## Commercial Context

- **Starting Price**: US$20.00
- **Pricing model**: Per User (Free version available) (Free Trial)
- **Pricing Details**: Please contact Acquirell directly for more details
- **Target Audience**: 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based
- **Supported Languages**: English
- **Available Countries**: United States

## Features

- API
- Access Controls/Permissions
- Activity Tracking
- Alerts/Notifications
- Approval Process Control
- Audit Management
- Bid Management
- Budget Control
- Catalog Management
- Collaboration Tools
- Compliance Management
- Configurable Workflow
- Contract Drafting
- Contract/License Management
- Customisable Reports
- Customisable Templates
- Data Import/Export
- Document Management
- Document Storage
- EDI

## Support Options

- Email/Help Desk
- Chat

## Category

- [Contract Lifecycle Management Software](https://www.softwareadvice.co.nz/directory/391/contract-lifecycle-management-software/software)

## Related Categories

- [Contract Lifecycle Management Software](https://www.softwareadvice.co.nz/directory/391/contract-lifecycle-management-software/software)
- [Spend Management Software](https://www.softwareadvice.co.nz/directory/4086/spend-management/software)
- [Supply Chain Management Software](https://www.softwareadvice.co.nz/directory/4250/scm/software)
- [Document Control Software](https://www.softwareadvice.co.nz/directory/4233/document-control/software)
- [RFP Software](https://www.softwareadvice.co.nz/directory/4510/rfp/software)

## Alternatives

1. [Tradogram](https://www.softwareadvice.co.nz/software/5220/tradogram) — 4.5/5 (109 reviews)
2. [Procurify](https://www.softwareadvice.co.nz/software/3245/procurify) — 4.6/5 (197 reviews)
3. [Tipalti](https://www.softwareadvice.co.nz/software/356595/tipalti) — 4.6/5 (174 reviews)
4. [Coupa](https://www.softwareadvice.co.nz/software/130729/coupa-contract-management) — 4.0/5 (126 reviews)
5. [GEP SMART](https://www.softwareadvice.co.nz/software/9503/smart-gep) — 4.6/5 (7 reviews)

## Reviews

### "Review of Acquirell by Adriaan" — 5.0/5

> **Adriaan** | *27 April 2023* | Construction | Recommendation rating: 9.0/10
> 
> **Pros**: 1. Acquirell includes amazing Sourcing module that allows us to run RFPs2. All main tools we need: PO management, Contracts, Contractor Database, eSourcing is in one place3. We can sign a contract after RFP4. The tool allows us to conduct some prequalification before running RFP
> 
> **Cons**: 1. The tool is mostly designed for procuring physical items rather than services. We had to play with the evaluation criteria to understand how we should procure services2. Invoicing is not included. It is necessary to attach a file3. Requisitioning is not convenient
> 
> Acquirell enables us to automate a lot of business processes: RFPs, Contract Management, PO processing, etc.There are something that is not suitable for ContracTree (e.g. Requisitioning) but Acquirell team constantly develops the product, so, I hope that all the modules of the product will be convenient.

-----

### "Acquirell review by a Buyer" — 5.0/5

> **Audrey** | *15 August 2023* | Information Services | Recommendation rating: 9.0/10
> 
> **Pros**: -Acquirell has got a robust Sourcing module where we can handle our RFI, RFQ, and RFP events-We can quickly create a PO, easily attach the line items to the PO, and just send it to supplier-Now we can keep our requisitioning in electronic form instead of sending emails that are always being lost-Good communication within a team and with vendors-Approval routes capabilities enable us to handle our complex approval processes
> 
> **Cons**: -We can't edit the text of a contract in the Contract Management module just like we were editing it in MS Word-Accounts Payable function is out of scope
> 
> Acquirell helps the Partnora procurement team to handle the RFI, RFQ, RFP events and process the purchase orders. Also, now we can record internal and external communication that is related to purchasing

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/341133/acquirell)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.softwareadvice.com/scm/acquirell-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/341133/acquirell> |
| en-GB | <https://www.softwareadvice.co.uk/software/341133/acquirell> |
| en-IE | <https://www.softwareadvice.ie/software/341133/acquirell> |
| en-NZ | <https://www.softwareadvice.co.nz/software/341133/acquirell> |

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":null,"address":{"@type":"PostalAddress","addressLocality":null,"addressRegion":null,"postalCode":null,"streetAddress":null},"description":"Software Advice helps businesses in New Zealand find the best software. Compare software options and learn more from our research and user reviews.","email":"info@softwareadvice.co.nz","url":"https://www.softwareadvice.co.nz/","logo":"https://dm-localsites-assets-prod.imgix.net/images/software_advice/logo-white-d2cfd05bdd863947d19a4d1b9567dde8.svg","@id":"https://www.softwareadvice.co.nz/#organization","@type":"Organization","parentOrganization":"Gartner, Inc.","sameAs":[]},{"name":"Acquirell","description":"Acquirell is a procurement automation technology suite solution tailored to SMEs. The product enables the businesses to reduce purchasing costs, get an additional profit of 15% of the procured volume, and more per year through streamlining the procurement processes within one entity.\n\nNowadays, the growing small and mid-market businesses face a variety of obstacles while managing the procurement process. With continued company growth, it is not possible to handle the procurement process using traditional tools like Excel or paper sheets. The consequent rise of the purchasing volume furthers the company to revise the whole procurement process and consolidate requisition management, PO and contract workflow, holding sourcing events, supplier database, and analytic within into one system. \n\nAcquirell provides an ability to consolidate the processes mentioned above through the following product modules:\n\nRequirement planning – consolidate purchase requisitions across different company entities and dispose of sophisticated approval patterns.\n\nE-Purchasing - automate PO workflow within a fully integrated procurement system to eliminate manual work and minimize errors.\n\nContract lifecycle management - ensure compliance by automating all phases of contract management to reduce time waste and minimize errors.\n\nE-sourcing - procure the essential items at the best terms through holding instant e-sourcing events holding forward auctions, reverse auctions, Dutch auctions, and RFP events.\n\nSupplier database management – evaluate the suppliers, record supplier communication, and establish long-term relationships with key strategic suppliers within one database. \n\nSpend analytics – track and control the purchasing expenses. Enhance the procurement strategy by analyzing purchasing expenses reports.\n\nApproval routes – set up the approval routes and identify the controllers to ensure the convenience of procurement processes.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/cbd79cce-09f5-40fc-bd09-e8c21c4c5402.png","url":"https://www.softwareadvice.co.nz/software/341133/acquirell","@id":"https://www.softwareadvice.co.nz/software/341133/acquirell#software","@type":"SoftwareApplication","publisher":{"@id":"https://www.softwareadvice.co.nz/#organization"},"applicationCategory":"BusinessApplication","aggregateRating":{"@type":"AggregateRating","ratingValue":5.0,"bestRating":5,"ratingCount":2},"offers":{"price":"20","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud"},{"@id":"https://www.softwareadvice.co.nz/software/341133/acquirell#breadcrumblist","@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Contract Lifecycle Management Software","position":2,"item":"/directory/391/contract-lifecycle-management-software/software","@type":"ListItem"},{"name":"Acquirell","position":3,"item":"/software/341133/acquirell","@type":"ListItem"}]}]}
</script>