Fairmarkit
4.4
8

Not Claimed

Fairmarkit is an autonomous sourcing platform that transforms non-strategic spend so organizations can source more competitively at scale. It integrates with ERP and P2P systems to automate manual source-to-award workflows so procurement teams can manage 10x more events and reduce cycle times by 40% without adding resources. Fairmarkit’s AI-powered supplier recommendations find the best-fit suppliers for every event by leveraging an organization’s procurement data, as well as the thousands of buyer & supplier interactions on the Fairmarkit marketplace everyday. The resulting competitive bidding helps buyers uncover over 11% cost-savings across categories without compromising on compliance and ESG requirements.
Developer
Fairmarkit
Category
ERP
Suitable for enterprise
Enterprises
HQ Location
Boston, MA
Year Founded
2017
Number of Employees
150

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