Acquirell vs. Basware Procure-to-Pay

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…
$0
per month per user
Basware Procure-to-Pay
Score 8.9 out of 10
N/A
A solution for all purchase order sources by integrating into any existing procurement or ERP system, with an e-Invoicing solution to automate invoice capture, touchless accounts payable automation, and e-procurement natively integrated.N/A
Pricing
AcquirellBasware Procure-to-Pay
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
AcquirellBasware Procure-to-Pay
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
AcquirellBasware Procure-to-Pay
Considered Both Products
Acquirell
Chose 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 …
Basware Procure-to-Pay
Chose Basware Procure-to-Pay
I have only used Basware Purchase to Pay in my organization, however it is such a good software that my company decided to keep using it for next years.
Chose Basware Procure-to-Pay
I like them both for different reasons.
Chose Basware Procure-to-Pay
I did not select Basware, so I do not know the alternatives.
Chose Basware Procure-to-Pay
I've used several other invoices processing systems and basware is by for the least complicated and easiest to use.
Chose Basware Procure-to-Pay
Basware was not my selection as I was not with the company at the time. It was easy to learn and we have maintained a good working relationship with Basware. It is a very good way to process the workflow of invoices from start to finish.
Best Alternatives
AcquirellBasware Procure-to-Pay
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Precoro
Precoro
Score 2.8 out of 10
Precoro
Precoro
Score 2.8 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AcquirellBasware Procure-to-Pay
Likelihood to Recommend
8.5
(0 ratings)
8.0
(0 ratings)
Likelihood to Renew
8.2
(0 ratings)
5.4
(0 ratings)
Support Rating
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
AcquirellBasware Procure-to-Pay
Likelihood to Recommend
Acquirell is well-suited when it comes to running RFP events. The flexible configurations and broad functionality of the Acquirell eSourcing module allow us to run RFPs with ease. It is much more convenient to run RFPs in Acquirell than collecting the bids via email and analyzing them manually. Acquirell is less appropriate when it comes to collecting the requisitions. There are confusing terms "requirements" and "requisitions." And it is a bit complicated to configure these "requirements."
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The system works well as an inter-company work-flow tool. Very helpful when and for invoice processing requires involvement across several different departments
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Pros
  • Good PO processing capabilities
  • A robust Sourcing Module where we run our RFI, RFQ, and RFP events
  • Requisitioning module that allows keeping requisitions in electronic form instead of sending emails that are always being lost
  • Communication that is recorded in the system
  • Approval Routes features that let us handle our complex approval flow
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  • Basware is fast and reliable. Very rare down time during the time we've been using it.
  • Great support team. Our needs were addressed timely and efficiently.
  • Basware provides us with great customer service. We have had many modifications to our specific needs and Basware worked well with us for our customizations.
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Cons
  • Requisitioning is not convenient. It seems a bit complicated.
  • There is no invoicing. It is necessary to attach separate files. I hope that Acquirell team will develop invoicing capabilities, so we will not have to attach separate files.
  • The tool is mostly designed for procuring physical items than services. We had to play with the evaluation criteria to tailor Acquirell to our processes. We are procuring services more than physical products.
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  • Once you cancel the document in "cancellation queue" it cannot be restored or viewed.
  • Sometimes but relatively rarely the program opens slowly.
  • In rare instances the program freezes and needs to be restarted.
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Likelihood to Renew
It really helps us to handle almost all our procurement activities (except the CLM process)
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We will continue using product and continue renewing as it is widely used product and it has been well adapted by users in our organization. The product is expensive but we will use it. Hopefully the product bugs will be fixed in future and they will provide more HA architecture feather for Basware.
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Support Rating
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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No answers on this topic
Alternatives Considered
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
I have only used Basware Purchase to Pay in my organization, however it is such a good software that my company decided to keep using it for next years.
Read full review
Return on Investment
  • 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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  • faster processing of invoices due to short step process
  • it's user friendly so not much training is needed to use the system
  • templates and favorites decreases time spent
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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.