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BIG NEWS!




FAIRMARKIT ANNOUNCES $35.6 MILLION SERIES C, LED BY OMERS GROWTH EQUITY

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March Madness is here–ProcureTech madness that is!

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PRODUCT OVERVIEW

See how Fairmarkit’s intelligent sourcing platform drives procurement
efficiency.

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Request management

Process automation

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Reporting

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Tail spend

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PUBLIC BID BOARDS

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TAIL SPEND RESOURCES FOR YOUR BUSINESS

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THE INTERACTIVE TAIL SPEND EXPERIENCE

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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.

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See what’s in your tail spend with structured data and analytics. And create
performance reports whenever you need them. 

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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.


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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


“When bringing Fairmarkit to BT Sourced, we set our sights on disrupting the way
our organization and the whole industry thinks about sourcing”

Cyril Pourrat
Chief Procurement Officer


“... 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.




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READY TO GET CONTROL OF YOUR TAIL SPEND?


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