Fairmarkit RFP

Streamline your RFP sourcing: Faster RFPs, clear savings, zero hassle.

Our RFP solution automates every step—from an intelligent GenAI-driven intake that defines events and generates SOWs to seamless supplier communications and automated awards.

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Speed

GenAI intake captures requirements, creates SOWs & initiates RFPs in minutes, accelerating strategic spend processes.

Risk management

Platform auto-classifies & routes requests per company policies, directing spend to catalogs & sourcing needs to the right teams.

Ease-of-use & visibility

Enjoy complete visibility into the sourcing lifecycle—from demand intake to supplier award—with real-time dashboards that monitor status, aging, and next steps, ensuring full compliance and risk management.

Here’s how it works

Product Features

Strengthen your procurement teams with an intelligent assistant that streamlines event definition and gathers essential details using customizable templates. This ensures every RFP starts with accurate, comprehensive information, reducing errors and accelerating the sourcing process.

Gain unparalleled oversight with a unified dashboard that consolidates all sourcing demands. Real-time insights into status, aging, and next steps allow you to stay ahead of SLAs and make proactive, informed decisions.

Eliminate the inefficiencies of spreadsheets and lengthy meetings. Our platform’s weighted scoring and different bidding features such as multi-round bidding, provide objective, data-driven insights that streamline supplier evaluation and support faster, more accurate decision-making. We provide additional insights via our Bid Analysis Agent.

Streamline teamwork by enabling multiple stakeholders to review, communicate, and attach documentation within a single platform. This integrated approach reduces delays, improves transparency, and ensures everyone is aligned throughout the RFP process.

We’ll help you onboard and connect your existing suppliers into groups, making change management simple. Centralize all supplier interactions in one inbox to manage bids and responses seamlessly. This ensures timely, clear communication and a transparent process from initial bid review to final award.

“Fairmarkit delivers automated sourcing that allows our team to be highly efficient. With the addition of this new set of capabilities, Fairmarkit RFP brings that innovation to more strategic sourcing events in a way that other technologies do not. By integrating with Coupa and streamlining every point in the sourcing process, Fairmarkit allows teams to run more events than ever and greatly impact their KPIs.”
Joe Frederick
Sr Director, Procurement at Snowflake

See how it works

Power of partnership

Fairmarkit’s global partner network integrates a variety of organizations that help enterprise procurement teams modernize, digitize and automate their technology and source-to-pay processes.

See how we do it

Bidirectional integrations

Artificial Intelligence engine

Autonomous sourcing

Analytics Dashboard

Real-time data visibility, driven by integrations as well as activity & engagement on the Fairmarkit platform

Configurable automation for the source-to-award workflow, fed by the AI engine and buyer preferences

Processes metadata and trends from sourced events, supplier interactions, and aggregated insights from thousands of daily transactions on Fairmarkit

Standardized API connectors to leading ERP and P2P systems used by enterprise procurement teams

SOC 2 and ISO 27001 certified