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Performance and Compliance

Measure What Matters. Enforce What Counts.

Make sourcing activity measurable, auditable, and defensible with real-time visibility into savings, compliance, supplier behavior, and throughput.

Product Screenshot

Performance and Compliance Features Include Spend Compliance, Enterprise-Grade Security and Analytics.

Bring every purchase into a controlled sourcing process, before it becomes off-contract spend.

Intercept requisitions from your ERP or intake channel and route them through structured sourcing workflows. Enforce policy at the point of request with automated approvals, supplier selection rules, and competitive bidding requirements.

Every event is tracked, every decision is documented, and every award follows a defined process. Data flows back into your systems, giving you full visibility into compliant vs. unmanaged spend.

Your team enforces procurement policy by default—not after the fact.

Fairmarkit applies enterprise-grade security controls and independent certifications (SOC 2, ISO 270001, GDPR) to protect procurement data as automation scales. 

With audited governance, role-based access, and encrypted data ownership, You can expand digital and AI-driven sourcing with confidence.

Gain clear visibility into where demand enters, how sourcing capacity is deployed, which suppliers are engaged, and where savings and compliance are being realized—or left on the table.

Role-based dashboards connect buyer execution metrics with executive-level insights on savings, throughput, adoption, and supplier behavior.

Procurement can prioritize effort, remove bottlenecks, and demonstrate sustained value to Finance and the business.

Additional Features

Executive Overview

Enterprise visibility into savings, cycle time, sourcing throughput, and supplier performance—built for CPO and CFO reporting.

Compliance Embedded

NDAs, insurance limits, safety clauses, and policy rules auto-apply based on category, region, and spend threshold.

SOC 2 Certified

Audited controls across security, availability, and confidentiality ensure sourcing activity operates within repeatable, enterprise-grade safeguards.

ISO 27001 Certified

A formally governed information security management system reduces global risk exposure while supporting complex, multi-region sourcing operations.

Zero Data Retention

Customers control how AI is deployed—opting out, using open-source models, or leveraging enterprise LLMs with zero data retention and contractual privacy protections. Procurement data is never reused or trained outside customer control.

Governance at Scale

One platform to run all sourcing—from tail spend to complex RFx—using procurement-trained AI, adaptive workflows, and governed analytics.

Fairmarkit’s advanced analytics and automation have been a game-changer for our procurement department—reducing our PR to PO cycle time from over 14 days to just 3, and empowering our team to make more informed decisions across the board.

Kieran Dowd, VP of Procurement at EKFC

Fairmarkit gives us full visibility into purchasing, keeping our internal audit groups happy on compliance. And from a business perspective, our supply base knows we're sourcing—driving competitive advantage and significant cost savings.

Elizabeth Mozley, Director, Source to Pay at Sonoco

Fairmarkit has become the central, indispensable element in our procurement systems landscape—enabling us to focus on strategic initiatives and delivering greater value to the organization.

James Westgarth, AVP, Sourcing Performance at EKFC

Facts & Figures

100%
Hours saved in managing compliance
46%
Reduction in PO rework and invoice match exceptions
250% +
Increase in events run each year