Fairmarkit

Fairmarkit

4.3
(2)
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Fairmarkit offers procurement and technology professionals an automated intelligence platform built to help reduce the time spent requesting, managing & interpreting quotes, while also increasing the amount of competitive bids to drive prices down.

Webinar: Univision's VP Procurement Frank Cuomo on Why Outsourcing Your Tail Spend Management Isn't Effective

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Ammar A.
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"Superb system on the front-end. Some work to do on additional important features."

What do you like best?

Very smooth and intuitive operation. Bidders can respond from the email invitation they received (i.e. don't have to log into the system to bid). Customer success support is exceptional.

What do you dislike?

We need a few additional features to fully support our process. These include a request intake and workflow capability (to field requests for quotes from our stakeholders), and better reporting / dashboarding for our team supervisors.

Recommendations to others considering the product:

The Fairmarkit team is very collaborative, and interested in making sure the system delivers value. Take them up on their offers for assistance and guidance to your users.

What problems are you solving with the product? What benefits have you realized?

We are using Fairmarkit to address our larger-dollar tail spend that our more strategic sourcing team does not have the capacity to address. Business adoption has been slow, yet we have been able to achieve some savings that we would have otherwise not been able to deliver.

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E
Executive Sponsor
Validated Reviewer
Review Source
content

"FairMarkIT"

What do you like best?

Their can do attitude to take unstructured spend data, cleanse, normalize and deliver actionable insights that result in risk mitigation strategies and economies.

What do you dislike?

nothing to report

What problems are you solving with the product? What benefits have you realized?

Allows for greater focus around tail spend and the related benefits of managing this spend category

What Strategic Sourcing solution do you use?

Thanks for letting us know!

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Fairmarkit
4.3
(2)

Webinar: Univision's VP Procurement Frank Cuomo on Why Outsourcing Your Tail Spend Management Isn't Effective