Fairmarkit
The Future of Procurement is Autonomous
Overview
Fairmarkit is an AI-powered sourcing automation platform that helps organizations to streamline their procurement processes and reduce costs. The platform uses artificial intelligence to automate the process of requesting and comparing quotes from suppliers, enabling procurement teams to make faster, more informed purchasing decisions. Fairmarkit is designed to integrate with existing ERP and procure-to-pay systems.
✨ Key Features
- Automated Sourcing
- Supplier Discovery
- Spend Analytics
- Tail Spend Management
🎯 Key Differentiators
- AI-powered automation of the sourcing process
- Focus on tail spend management
Unique Value: Automates the sourcing process to help organizations save time and money, especially on their tail spend.
🎯 Use Cases (3)
✅ Best For
- Automated sourcing for tail spend
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Strategic sourcing of highly complex categories
🏆 Alternatives
Offers a more automated and data-driven approach to sourcing compared to manual processes or less specialized tools.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
📊 Market Info
Customers: NA
Total Funding: $41.0M
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