Procurement teams are pulled in so many directions at all points of the purchasing lifecycle. With attention and time devoted to strategic purchasing activities, teams have been unable to efficiently source more frequent, smaller purchases—until now. See how Fairmarkit can automate the sourcing process within your existing workflows.
Easily create RFxs, review vendor responses, and award bids—all in one place.
Touchless intake, streamlined vendor communication, and automatic bid collection minimize the burden of competitive sourcing.
Our recommendation engine automatically identifies the best vendors for your purchases.
Curated dashboards give you instant visibility into key spend and performance metrics.
Fairmarkit fits seamlessly within your existing workflows, automatically syncing data with your ERP or P2P systems.
Simply put, Fairmarkit gives your buyers superpowers. Let the platform do the heavy lifting to get more bids with less manual effort, so buyers are freed up to do more strategic work. The ease of use secures buy-in from your stakeholders.
Structured data and a holistic view into spend means that you can easily identify opportunities for new strategic vendor relationships. Plus, your ability to readily see and report out on savings and spend will make your boss and business users happy.
Risks are ever-present, but Fairmarkit helps mitigate them internally and externally. Predictable, streamlined, and automated sourcing processes mean always-on compliance and built-in transparency. Alternative vendors are readily available when supply chain disruptions occur.
We achieved our ROI target within the first six months and delivered real savings on our tail spend at multiple times cost. We are now scaling the solution globally from only the U.S. initially to both India and the U.K.