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About Fairmarkit

Fairmarkit is a procurement software platform from Fairmarkit that helps organizations improve their sourcing processes. It provides automated sourcing, supplier management, and data analytics so procurement teams can make more informed decisions. By offering real-time insights and automated workflows, it supports users in reducing costs and increasing procurement efficiency. The platform is designed to facilitate collaboration among teams and suppliers, allowing for better negotiation and contract management. Key capabilities: automated sourcing supplier management data analytics contract management collaboration tools Best for: procurement teams that need to simplify sourcing and supplier engagement.

Fairmarkit Details

Vendor
Fairmarkit
Year Launched
2017
Location
281 Summer Street, Floor 2, Boston, MA, United States, Massachusetts
Deployment
cloud
Training Options
documentation, videos, live online, in person
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese.
Users
Accounts Payable Managers, Finance Directors, Procurement Managers, Purchasing Agents, Sourcing Specialists, Vendor Managers, RFP Coordinators, Expense Report Administrators.
Industries Served
Healthcare, Education, Finance, Retail
Tags
Accounts Payable, Expense Report, Vendor Management, RFP, Sourcing, Spend Management, Procurement, Purchasing

Fairmarkit's In-App Market Place

Does Fairmarkit have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥)

Pros & Cons

  • Automates repetitive tasks, freeing up procurement teams.
  • Integrates with leading ERP systems.
  • Tail spend automation generates cost savings.
  • Provides real-time insights through embedded dashboards.
  • AI-driven supplier recommendations streamline supplier selection.
  • Best suited for mid to large enterprises; smaller businesses may find it complex.
  • Initial implementation may require customization depending on the ERP system.

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