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Cookie Notice This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our privacy policy. Close Accept Cookie Settings * Your Privacy * Strictly Necessary Cookies * Performance Cookies * Functional Cookies * Targeting Cookies * Personalized Tracking * More Information Privacy Preference Centre Active Always Active Save Settings Allow All ✕ BIG NEWS! FAIRMARKIT ANNOUNCES $35.6 MILLION SERIES C, LED BY OMERS GROWTH EQUITY See the announcement Expect—and plan for—the unexpected. The state of procurement 2023. Read now Product PRODUCT OVERVIEW See how Fairmarkit’s intelligent sourcing platform drives procurement efficiency. Read the details Request management Process automation Supplier recommendations Reporting Integrations Solutions Tail spend Procurement transformation Strategic Sourcing Supplier diversity Customers Suppliers SUPPLIER PORTAL Keep track of your bids and discover new business with a free account. Learn more PUBLIC BID BOARDS Grow your business by bidding on requests posted to public bid boards. See open requests Resources TAIL SPEND RESOURCES FOR YOUR BUSINESS Learn about tail spend THE INTERACTIVE TAIL SPEND EXPERIENCE See the experience eBooks & Guides Webinars Case studies Sourcing simulator Savings calculator Blog Login Request a demo YOUR TAIL SPEND WILL NEVER BE THE SAME Cut cycle times. Boost visibility. Find savings. With Fairmarkit, you can finally get tail spend under control. TRUSTED BY INDUSTRY LEADERS AUTOMATE TAIL SPEND MANAGEMENT TO GET RESULTS: 1 Be more efficient 2 Save money 3 Increase visibility 4 Have more 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. Learn more 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. Learn more See what’s in your tail spend with structured data and analytics. And create performance reports whenever you need them. Learn more 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. Learn more OUR CUSTOMERS GET MORE OUT OF EVERY PURCHASE Fairmarkit customers automate tail spend sourcing to drive results that support their efficiency, digitalization, and cost savings initiatives. 90% ~90% of requests receive a bid below the benchmark within 4 hours 3+ Every RFx sourced through our platform receives, on average, at least 3 bids 10% Over 10% savings realized on purchases made through our marketplace “Automation and the capture of data makes our platform infinitely smarter than any one person.” Nicholas Wright Director, Digital and Innovation “Fairmarkit’s machine learning approach to tail spend management was hugely compelling. We were impressed by the speed of implementation, particularly given that we integrated with multiple source systems.” Kieran Dowd Sourcing Solutions and General Manager of Emirates Flight Catering “We found hard cost savings—not some esoteric or theoretical ‘potential savings’. ” Adam Brown Procurement Strategy & Transformation | Director “... Imagine what you can do when you automate more processes. This helps you start developing people. Not only do my savings grow, but the plants are happier, and the employees are happier.” David Yost Buyer Supervisor, Materion “We really have seen that hands-on, personal touch, from the Fairmarkit team. They help us get over any difficulties, are willing to take our suggestions and make immediate changes.” Tim Genter Sourcing Governance, Blue Cross Blue Shield DON’T LET BUSINESS USERS GO ROGUE. FAIRMARKIT IS BUILT TO MANAGE TAIL SPEND SO YOU CAN GET PROCUREMENT UNDER CONTROL IN NO TIME. AWARDS READY TO GET CONTROL OF YOUR TAIL SPEND? Get started with the only tail spend management platform. Request a demo Product OverviewRequest managementProcess automationSupplier recommendationsReportingIntegrationsPricingRequest a demo Solutions Tail spendProcurement transformationStrategic sourcingSupplier diversity Suppliers Supplier portalPublic bids About CompanyCustomersPartner NetworkSecurityCareersPressMedia Kit Resources The SourceCase studieseBooks & GuidesWebinarsSourcing simulatorSavings calculatorGlossaryInnovation mapSupportPlatform login Follow Us © 2022 Fairmarkit. All rights reserved. Transparency in Coverage Security Statement Terms of Service Privacy Policy