Acquirell vs. Zip Intake-to-Procure

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."

Zip is a newer product in the P2P space, and as such there are still some areas for improvement. They don't have all the "bells and whistles" products and configurations that some of the other players in this space have, but the products they do offer are best in class. Zip is an ideal tool for tactical procurement.

Incentivized

• 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

• No coding - Ability for the administrator to make changes without development resources helps us be agile as a procurement org.
• Visibility to the user in a great user interface
• Accountability (helps us track SLAs on response time), Audit trails keeping track of everything
• The implementation team was incredible, as is ongoing support. They want you to succeed in your goals vs. just implement their tool

• 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.

• Missing the ability to proxy as another user. Currently, if one approver did not set up their delegation, an admin or the approver of that step must reassign each of the approvals to another person.
• Bulk upload options for admins to update queues and subqueues.
• Missing ability to schedule reports or the option to share a saved view with another user. It would be easier if certain filtered views can be shared with others to avoid each user having to create their own views.

Incentivized

It really helps us to handle almost all our procurement activities (except the CLM process)

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

Incredibly responsive and helpful.

Incentivized

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.

Truth be told, we haven’t seen any other similar products. The alternative was manually tracking in Google Sheets, ticketing systems, and in NetSuite. Coupa was probably the closest in terms of what we were looking for but they were not willing to fit it to our needs like Zip was able to.

• 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

• Zip Intake-to-Procure has helped clean up forecasting for us - we've improved accuracy by over 30% since now we're forcing folks to make sure spend is captured accurately and checking submitted PO amounts against the bottoms up forecast
• We've also been able to leverage the SLA insights provided by Zip Intake-to-Procure to increase operational efficiencies. We're identified orgs that are slowing down the overall approval process and putting more pressure with shorter SLA times.

Incentivized