Cut cycle times. Boost visibility. Find savings. With Fairmarkit, you can finally get tail spend under control.
Want to cut procurement cycle times by up to 40%? Get rid of manual steps like supplier selection, RFQ publishing, and RFQ awarding in your source-to-award process.
Our customers save an average 10%. So can you. With more competition in your tail spend, you’ll get more bids and better pricing on one-off purchases—plus the upper hand when renegotiating contracts.
See what’s in your tail spend with structured data and analytics. And create performance reports whenever you need them.
Predictable, streamlined, and automated sourcing means always-on compliance and built-in transparency. Enforce supplier diversity and minimum bid policies—without the “per my last email” emails.
Fairmarkit customers automate tail spend sourcing to drive results that support their efficiency, digitalization, and cost savings initiatives.
~90% of requests receive a bid below the benchmark within 4 hours
Every RFx sourced through our platform receives, on average, at least 3 bids
Over 10% savings realized on purchases made through our marketplace
Get started with the only tail spend management platform.