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Accelerating the source-to-award process to transform procurement

Accelerating the source-to-award process to transform procurement

Through streamlined sourcing, vendor identification, and automated quoting, Fairmarkit accelerates the bid-to-buy process. The solution uses machine learning and artificial intelligence to reduce manual effort by 30-40% on purchases while yielding savings of over 15%. The platform connects directly to your existing internal systems providing a rapid implementation process and enabling more spend to be placed under management. Fairmarkit is headquartered in Boston and is the only solution focused exclusively on tail spend sourcing and payment process.
Founder @Fairmarkit • Worked at @Turbonomic, @CME Group
CEO at Fairmarkit - #1 Focus: Automating & Optimizing Enterprise Tail Spend Management (TSM)
Funded over

1 round

Latest round

Seed (May 2018)

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