
Fairmarkit
6.7#3 in strategic sourcing softwareAndroidiOSWebAPI
Visit
| Fact | Fairmarkit | ProcurePulse Strategic Sourcing |
|---|---|---|
| Evaluation | The Evaluation Agent combines pricing, lead times, technical inputs and stakeholder scoring, with scenario analysis for award decisions. | The pricing FAQ says evaluations use a tailored proof of concept with the customer’s workflows and data, and most evaluations take 2–3 weeks. |
| Founded | 2017 | 1999 |
| Headquarters | Boston, Massachusetts, United States | Bangalore, India |
| Integrations | Native or partnered connections include SAP S/4HANA, SAP ECC, SAP Ariba, Oracle, Coupa, ServiceNow, Zip, Amazon Business, SpendHQ, Candex and Supplier.io. | Listed integrations include SAP ECC/S4HANA, Oracle EBS/Fusion/JD Edwards, PeopleSoft, Active Directory, LDAP, Google OAuth, ManageEngine, SCCM, Tivoli, XingHR and Dify. |
| Purpose | Fairmarkit is an autonomous sourcing platform that uses AI agents to support procurement from demand intake through supplier award. | Strategic Sourcing manages RFQs, reverse auctions, quote comparisons, and supplier shortlisting, with award data flowing into contract management and procurement. |
| Rating on GetApp | 4.8 out of 5 from 8 reviews | 0.0 out of 5 from 0 reviews. |
Fairmarkit is aimed at enterprise procurement teams sourcing across categories of spend. Its autonomous sourcing availability requires contacting a Customer Success Manager.
It suits procurement teams that run RFQs or reverse auctions and need supplier checks, bid comparisons, and award handoff. Organizations evaluating it can use a tailored proof of concept; the stated evaluation period is usually 2–3 weeks.