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Effective URL: https://www.fairmarkit.com/
Submission: On July 25 via api from ES — Scanned from US
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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 Request a demo Why Fairmarkit How it Works Product Overview Take a closer look at the Fairmarkit platform Integrations Easily connect to your ERP and P2P systems Autonomous Sourcing Automate your source to pay workflows Supplier Recommendations Find the best-fit suppliers for all your events Partners Fairmarkit’s global partner community For Suppliers Join Fairmarkit’s global supplier network eBook The State of Procurement 2023 Our Customers Learn Platform Documentation View Fairmarkit documentation Support Access the help center and support What’s New The latest & greatest from the Fairmarkit network Live Demo Request a live product demo for your team Security & Compliance We emphasize security in everything we do Resource Center Catch up on our latest ebooks, guides and infographics Webinars Access prior and upcoming Fairmarkit webinars In-Person Events Access prior and upcoming Fairmarkit events Blog Tips & tricks to level up procurement Case Studies Hear from Fairmarkit customers Glossary Procurement lingo explained Integration Hub Full directory of technology partnerships About Us Webinar Mapping the Future of Procurement Technology Guide The Future of Procurement: A Guide to Autonomous Sourcing About Who we are and how we do it Careers We’re growing! Come join us In the News See who’s talking about us Log In Request a demo Meet Fairmarkit AUTONOMOUS SOURCING STARTS WITH TAIL SPEND Automation & AI to help you source more, reduce costs, and meet procurement targets at scale. See what we do Learn more TRUSTED BY TOP ENTERPRISE SOURCING TEAMS $40k In savings per buyer per week so you can drive out costs at scale 3 min Average sourcing time per event so you can manage more spend per FTE 90% Of bids below the benchmark so you can source more competitively AN AUTONOMOUS SOURCING FUTURE Transform tail spend with AI-powered automation that eliminates manual touchpoints and helps you source more, faster. Fairmarkit leverages data from your procurement activity as well as thousands of daily events on our platform so you can cut costs and find the best-fit suppliers for all your sourcing events. Learn more UNLOCK TEAM BANDWIDTH Create, publish, and award RFQs & RFPs in minutes instead of hours, while reducing cycle times by up to 40%. Manage more events per FTE and provide a streamlined experience for business stakeholders. See how DISCOVER COST SAVINGS Engage the best-fit suppliers for every event, whether from your own supplier base or the Fairmarkit marketplace. Fairmarkit’s AI-powered supplier recommendations enable competitive bidding at a scale that cannot be achieved with human effort alone, generating over 11% cost-savings across categories. See how GAIN DATA VISIBILITY Make proactive and data-driven decisions to optimize sourcing on a continuous basis. Embedded dashboards provide a holistic snapshot of team performance, event analytics, spend & savings by segment, supplier utilization, and more. See how INTEGRATE SEAMLESSLY Realize ROI in record time with a rapid implementation process that requires minimal IT resources. Fairmarkit is enterprise-ready with ISO 27001 and SOC2 certifications, and bi-directional integrations for SAP Ariba, S4Hana, Coupa, SAP ECC, Oracle and more. See how “At bp, it was one of our first significant digital platforms, and it is disrupting the way that we work within procurement; it’s actually made people stand up and realize that we can do things differently. As a team, we’re inspired to go out and look for the next Fairmarkit - to disrupt other manual processes.” Nicholas Wright Director, Digital and Innovation “At our fingertips we now have a wealth of knowledge—how long it takes when buyers send out RFQs, when companies are responding and how long it takes to complete a purchase; this knowledge vastly improves the procurement process and provides us with the ability to use that information strategically.” Duncan Macfarlane Director of Strategic Sourcing and Procurement “Refinitiv’s implementation & scale of the Fairmarkit solution has been fast and successful. We went live within a few weeks and with only a small amount of effort by our team. We achieved our ROI target within the first six months and delivered real savings on our tail spend at multiple times cost.” David Zullo Vice President, Head of Global Sourcing 1 2 3 SEE HOW BT SOURCED AUTOMATED THEIR TAIL SPEND WITH FAIRMARKIT AWARD WINNING PRODUCT AND CULTURE ADDITIONAL RESOURCES Blog Tail Spend What is tail spend and how can we manage it? Read now Resource Guide The Future of Procurement: A Guide to Autonomous Sourcing Read now Webinar On Demand Digitizing your supply chain Watch now READY TO SOURCE AUTONOMOUSLY? Request a demo How it Works Product OverviewIntegrationsAutonomous SourcingSupplier RecommendationsPartners For Suppliers Learn Why FairmarkitPlatform DocumentationSupportWhat’s NewLive DemoSecurity & Compliance Resource CenterWebinarsIn-Person EventsBlogCase StudiesGlossaryIntegration HubTail Spend ResourcesCustomer Lookbook About Us AboutOur CustomersCareersIn the News © 2023 Fairmarkit. All rights reserved. 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