Fairmarkit
Fairmarkit is the leading autonomous sourcing platform that uses AI agents to automate the full sourcing lifecycle. Built for enterprise procurement.
About Fairmarkit
Fairmarkit is the leading autonomous sourcing platform that uses AI agents to automate the full sourcing lifecycle. Built for enterprise procurement.
Products
Agentic sourcing platform connecting specialized AI agents across the full sourcing lifecycle—from intake to award—with enterprise-grade compliance built in.
AI Intake captures compliant, complete requirements at the point of request, enabling procurement teams to scale spend under management, accelerate sourcing execution, and reduc...
AI brings continuous competition to all spend by identifying qualified suppliers, initiating events, and auto-competing renewals.
AI automates manual steps and accelerates air-tight award decisions.
AI turns bid complexity into clear, confident decisions.
AI monitors savings, cycle times, and policy.
Bi-directional sync with ERP/P2P.
Supplier tools and quoting suite.
What customers say
“The data that Fairmarkit has provided is really the key to the tool. We have never had data like it. DEI is really important to us in bp and it’s something we’re really passionate about within procurement. What we’ve been able to do is work with our category management organization using that data to figure out where we need to bring more diverse suppliers into the mix,”
“At bp, it was one of our first significant digital platforms, and it is disrupting the way that we work within procurement; it’s actually made people stand up and realize that we can do things differently. As a team and a company, we’re inspired to go out and look for the next Fairmarkit, whatever that may be, and be more aware and open to disrupting other manual processes.”
“Before Fairmarkit we had a very manual sourcing process and it took time and what that caused was frustration with our stakeholders. What Fairmarkit has allowed us to do is complete those requirements without the people there. And for us that has been massive to unlocking the efficiency targets that were achieved through the platform and also the reduction in cycle. So for example, we have taken our cycle time down by about half and what that means in real terms is our stakeholders get their work and their product and services about 50% quicker.”
Blue KC uses Fairmarkit to improve sourcing efficiency and broaden supplier competition without adding staff. Fairmarkit reports ROI after three months, average savings of about $2,000 per RFQ, and requests sent to more…
Case studyMaterion adopted Fairmarkit to automate nonstrategic purchasing and manage tail spend. Fairmarkit reports more than 15% average savings on spend processed through the platform and average RFQ savings above $1,500, while…
Case studybp uses Fairmarkit to automate sourcing and reduce manual procurement work. Fairmarkit reports that bp put $1.2 billion of spend through its system over 18 months, automated $100 million of sourcing, and roughly halved…
Case study
Security and compliance
As reported by Fairmarkit. Ask for audit reports before you buy.
- SOC 2 Type IICertified
- ISO/IEC 27001Certified
- Zero LLM data retention
- Role-based access controls
- Full audit trail across every sourcing event
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