Fairmarkit

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Output—per 1M tokens

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About

Fairmarkit is ranked #3 of 24 in sourcing software on Inferse. It runs on API, Web.

Compared on sourcing software

Supplier discovery: Yesfairmarkit.com
Sourcing events: Yesfairmarkit.com
Reverse auctions: Yesfairmarkit.com
Bid comparison: Yesfairmarkit.com
Negotiation workflows: Yesfairmarkit.com
Supported event types: multi_eventfairmarkit.com

Facts

Purpose: Fairmarkit is an autonomous sourcing platform that uses AI agents to support procurement from demand intake through supplier award.fairmarkit.com · 3 Oct 2026
Intake: Its Intake Agent captures requester needs, asks follow-up questions, and routes requests to the right team.fairmarkit.com · 3 Oct 2026
Sourcing automation: The platform can automate supplier matching, event sending, bundling, and rule-based awarding for suitable sourcing events.docs.fairmarkit.com · 3 Oct 2026
Supplier discovery: Fairmarkit says its Supplier Discovery Agent scans more than 500,000 suppliers and matches them by category fit, manufacturer compatibility, and response probability.fairmarkit.com · 3 Oct 2026
Bid evaluation: The Evaluation Agent supports bid comparisons, award scenario modeling, multi-stakeholder scoring, and AI-assisted analysis while leaving scoring decisions to the team.fairmarkit.com · 3 Oct 2026
Integrations: Fairmarkit lists integrations including SAP Ariba, Coupa, SAP S/4HANA, SAP ECC, Oracle, ServiceNow, Workday, Zip, Amazon Business, SpendHQ, Candex, and Supplier.io.fairmarkit.com · 3 Oct 2026
Integration methods: Integrations use standardized API connectors or file-based connections, and the company describes data flows as bidirectional.fairmarkit.com · 3 Oct 2026
Security certifications: Fairmarkit states that it is SOC 2 compliant and ISO 27001 certified.fairmarkit.com · 3 Oct 2026
Data handling: Fairmarkit says customers own their data, it does not sell that data, and deleted customer data is removed from its systems within 90 days.fairmarkit.com · 3 Oct 2026
Security controls: The security overview describes multi-tenant database isolation, least-privilege access, multi-factor authentication, and encryption of confidential data.fairmarkit.com · 3 Oct 2026
Support: Customers can contact support through in-platform case management, email, or telephone.docs.fairmarkit.com · 3 Oct 2026
Intended users: Fairmarkit describes its platform as serving enterprise procurement teams and supporting sourcing across categories of spend.fairmarkit.com · 3 Oct 2026
Notable availability limit: Fairmarkit’s documentation says interested customers should contact their Customer Success Manager to use autonomous sourcing.docs.fairmarkit.com · 3 Oct 2026