Fairmarkit’s cover photo
Fairmarkit

Fairmarkit

Software Development

Boston, Massachusetts 13,667 followers

Autonomous sourcing for all spend

About us

Fairmarkit is an autonomous sourcing platform that helps organizations source more competitively at scale. Procurement teams use Fairmarkit’s AI and GenAI capabilities to manage 10x more events per FTE and uncover $40k in savings per buyer per week.

Industry
Software Development
Company size
51-200 employees
Headquarters
Boston, Massachusetts
Type
Privately Held
Founded
2017
Specialties
Software, Procurement, eSourcing, Financial Software, Supply Chain, eProcurement, Automated Sourcing, and Intelligent Sourcing

Locations

Employees at Fairmarkit

Updates

  • Fairmarkit reposted this

    Say hello to Fairmarkit’s AI Bid Analysis Agent! The smarter, faster way to evaluate bids and make data-driven decisions in minutes. How it helps:  ✅ Unified Data Review – Organizes all supplier responses (images, spreadsheets, PDFs) into one centralized location, ensuring nothing gets overlooked.  🤝 Collaborative Insights – Generates concise AI-driven summaries so your entire team (even non-procurement folks!) can easily interact and gain clarity. 📊  Dynamic Award Scenarios – This enables you to compare different award options based on your criteria, driving cost savings and efficiency. By streamlining bid analysis, our intuitive AI agent lets procurement teams focus on strategic impact—not manual data crunching.

  • Say hello to Fairmarkit’s AI Bid Analysis Agent! The smarter, faster way to evaluate bids and make data-driven decisions in minutes. How it helps:  ✅ Unified Data Review – Organizes all supplier responses (images, spreadsheets, PDFs) into one centralized location, ensuring nothing gets overlooked.  🤝 Collaborative Insights – Generates concise AI-driven summaries so your entire team (even non-procurement folks!) can easily interact and gain clarity. 📊  Dynamic Award Scenarios – This enables you to compare different award options based on your criteria, driving cost savings and efficiency. By streamlining bid analysis, our intuitive AI agent lets procurement teams focus on strategic impact—not manual data crunching.

  • View organization page for Fairmarkit

    13,667 followers

    Webinar tomorrow! 📣 The rise of Generative AI is changing the game for organizations—but how do you move past the buzz and make it actually work? Get answers to this and more in tomorrow's webinar, “From AI to Z: How to Build a Responsible GenAI Framework,” Thursday, February 27th at 11:00am ET! We’re getting real about GenAI. Figuring out how to implement it responsibly, what’s driving success, and the lessons learned from companies already putting it to use. Join industry leaders Steven Low (Smith+Nephew), Andrea (Whisler) McGuire (Conduent), and Kevin Frechette as they share insights, best practices, and frameworks to help you get the most out of GenAI. 📅 Don’t miss out—secure your spot now! https://lnkd.in/eYbDanDT

    From AI to Z: How to Build a Responsible GenAI Framework | Fairmarkit Webinars

    From AI to Z: How to Build a Responsible GenAI Framework | Fairmarkit Webinars

    fairmarkit.com

  • Agentic AI goes beyond automation, allowing procurement to extend its influence across the enterprise: enabling finance, marketing and IT teams to source what they need without sacrificing compliance or cost efficiency. Agentic AI delivers procurement without the bottlenecks, as well as the future of how organizations manage supplier relationships. Our co-founder and CTO Victor Kushch explains how Agentic AI is the Next Evolution of Enterprise AI in his latest article featured in AI Business! Read the article here 👉 https://lnkd.in/eFTDR4DA

    Agentic AI and the Next Evolution of Enterprise AI

    Agentic AI and the Next Evolution of Enterprise AI

    aibusiness.com

  • Want to step up your procurement game in 2025? With 76% of procurement teams using AI, the game's changing fast. Stay ahead with key takeaways such as: 🔹 AI-Powered Sourcing & Supplier Management – Smarter decisions, faster execution. 🔹 Digital Transformation Accelerates – If AI isn’t embedded, you’re behind. 🔹 Geopolitical Uncertainty & Risk Management – Resilience is key. Dive into the full insights in Ardent Partners’ latest report. Read the eBook now!

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  • 🎉 Fairmarkit Recognized in Gartner’s Latest Market Guide for Sourcing Applications! We’re proud to be acknowledged as an autonomous sourcing provider, showcasing our dedication to transforming procurement through innovation. Autonomous sourcing is reshaping procurement, and we’re excited to continue supporting teams with technology that delivers results. 🚀 https://lnkd.in/gVPqJfzZ

    Fairmarkit Recognized in Gartner’s Most Recent Market Guide for Sourcing Applications | Fairmarkit Blog

    Fairmarkit Recognized in Gartner’s Most Recent Market Guide for Sourcing Applications | Fairmarkit Blog

    fairmarkit.com

  • View organization page for Fairmarkit

    13,667 followers

    Fairmarkit is thrilled to partner with Inception, a G42 company, to bring AI-powered autonomous sourcing to enterprises across the Middle East and North Africa. "This collaboration is a milestone in the evolution of enterprise procurement across MENA...we’re not only enhancing procurement efficiency but also fundamentally reimagining how businesses source, contract, and manage suppliers." Ashish Ipe Koshy, Chief Operating Officer, Inception This partnership unites two companies with a shared commitment to advance AI-driven innovation across the enterprise sector. Inception will integrate Fairmarkit's AI-powered autonomous sourcing technology into its (In)Business procurement ecosystem. Enterprise procurement teams across the MENA region will be able to streamline operations, optimize costs, and enhance supplier relationships. https://lnkd.in/egHSJbPE

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