Fairmarkit
About Us video
- Procurement and supply chain teams are challenged to deliver impactful results with less resources, but outdated technologies hinder their effectiveness. - The lack of competitive bids in sourcing events leads to significant cost savings being overlooked, and the lack of visibility into key metrics and data makes spend management difficult. - Fairmarket's intelligent sourcing platform enables teams to purchase goods and services more efficiently, with data and automation reducing manual work. - The platform is versatile, integrating into existing systems for easy use and quick implementation, leading to faster cycle times, more cost savings, and less risk.
Fairmarkit
Product Walkthrough
Fairmarkit
Demo video
- Fairmarket is an intelligent sourcing solution that integrates with your existing ERP or P2P system to automate sourcing processes, including vendor selection and bid management. - It uses an intelligence engine to recommend preferred vendors for products or services, and can supplement with vendors from its marketplace if needed. - The platform tracks vendor performance and request data to improve future recommendations, and provides actionable dashboards for data reporting. - Fairmarket offers flexibility to fit into any workflows or systems, promoting efficiency with minimal change management and rapid implementation.