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
Stampli
Score 8.2 out of 10
N/A
Stampli offers software to run any procure-to-pay (P2P) process — and Billy, an AI employee, to operate it. The platform unifies Procurement, Invoice Management, and Payments in one system that automates AP while keeping teams in control.
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 …
Stampli better suited our needs with the
infrastructure we have in place, met our international and workflow requirements, required minimal integration
set-up time without involving a 3rd party vendor, provided a
Tipalti was not system friendly to what we needed (syncing with NetSuite) and the implementation process was frustrating. We experienced delays and no responses from their team.
Stampli has been the complete opposite! It's user friendly, from approvers to coders, reasonably …
I think its easier to use Stampli or to be able to edit something if you make an error in Sage Intacct sometimes you cannot correct them and on the books everything looks messy, that's why I love Stampli because you can double-check everything before to be authorized.
We selected Stampli due to the OCR and AI technologies that captures invoice data in real time plus the easy user interface. In comparing the two systems Stampli just appeared to outperform Bill.com.
All [of] the features are very easy to use and self-explanatory. Most of the time it remembers all your previous invoices how you coded and do itself. You just need to double-check. Definitely improved the AP process. You won't forget to pay the invoices. It will solve your …
Stampli's ease of use far exceeds that of Bill.com or Divvy. Almost every click is recorded in the audit trail and navigating within the portal is intuitive. Each tab is set up in order to follow the process flow, making even the newest of users comfortable.
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."
Stampli is best for a compony that has a large amount of payables. It stores everything in one place and reduces the need to keep paper copies of everything. It is less appropriate in a situation where payment is due at the time of services since it is sent via USPS mail and you have to take into account the mail processing times.
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.
I cannot imagine going back to pre-Stampli processes. Our jobs in the Accounting department (not just AP) have all become more engaging because we've cut out so much mindless, non-value added work: data entry, signing checks, stuffing envelopes, stamping envelopes, etc.
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
We have a dedicated rep (who was also our implementation rep--they stay with you after implementation) who we can email whenever needed and meet with every quarter. There is a chat option within the software that gets responded to by a real person within minutes.
We lost an AP employee right as we were deciding to implement, so we had to speed up our timeline. We went from signing the contract to fully functional system within 4 weeks. We did not dedicate any more than 4 hours per week during the implementation.
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.
Stampli better suited our needs with the infrastructure we have in place, met our international and workflow requirements, required minimal integration set-up time without involving a 3rd party vendor, provided a tailored implementation process, and offered an all-inclusive month-to-month pricing structure.
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
