Autonomous sourcing starts with tail spend
Automation & AI to help you source more, reduce costs, and meet procurement targets at scale.
Trusted by top enterprise sourcing teams
In savings per buyer per week so you can drive out costs at scale
Average sourcing time per event so you can manage more spend per FTE
Of bids below the benchmark so you can source more competitively
An autonomous sourcing future
Transform tail spend with AI-powered automation that eliminates manual touchpoints and helps you source more, faster. Fairmarkit leverages data from your procurement activity as well as thousands of daily events on our platform so you can cut costs and find the best-fit suppliers for all your sourcing events.
Unlock team bandwidth
Create, publish, and award RFQs & RFPs in minutes instead of hours, while reducing cycle times by up to 40%. Manage more events per FTE and provide a streamlined experience for business stakeholders.
Discover cost savings
Engage the best-fit suppliers for every event, whether from your own supplier base or the Fairmarkit marketplace. Fairmarkit’s AI-powered supplier recommendations enable competitive bidding at a scale that cannot be achieved with human effort alone, generating over 11% cost-savings across categories.
Gain data visibility
Make proactive and data-driven decisions to optimize sourcing on a continuous basis. Embedded dashboards provide a holistic snapshot of team performance, event analytics, spend & savings by segment, supplier utilization, and more.
Realize ROI in record time with a rapid implementation process that requires minimal IT resources. Fairmarkit is enterprise-ready with ISO 27001 and SOC2 certifications, and bi-directional integrations for SAP Ariba, S4Hana, Coupa, SAP ECC, Oracle and more.
"Automation and the capture of data makes our platform infinitely smarter than any one person. We are now using real time data to make accurate decisions—more than one single brain can comprehend."
Director, Digital and Innovation