Fairmarkit RFQ
Supercharge Sourcing with AI-driven RFQ automation—slash costs and reduce cycle times
Our RFQ sourcing solution uses intelligent recommendations, preferred supplier groups, and a user-friendly interface to help you find the right suppliers, reduce costs, manage tactical spend, and shorten procurement timelines—all in one integrated system.
Speed
Productivity
Cost-savings
Here’s how it works
Product features
Accelerate your overall unmanaged sourcing cycle via automatically bundled similar RFQ events, sent requests, and awarded bids.
Rapidly connect with trusted partners by organizing suppliers based on categories or past relationships—ensuring preferred vendors receive targeted RFQs first.
Secure timely, competitive quotes and make data-driven award decisions with AI-driven analytics to classify suppliers as ‘high’, ‘medium’, or ‘low’ probability responders.
Keep stakeholders aligned and accelerate decision-making by inviting them to review, communicate, and approve RFQ details in one centralized location—all while maintaining a clear audit trail.
We’ll help you onboard and connect your existing suppliers into groups, making change management simple. Simplify vendor interactions with a single inbox for reviewing quotes, responses, and awarding bids—then seamlessly convert winning quotes into purchase orders to eliminate extra steps and potential errors.
Power of partnership
