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AI for tail-spend sourcing
Fairmarkit is a tail-spend sourcing AI agent offering AI sourcing that automates quotes and supplier selection for tail and indirect spend. Founded in 2017 and based in Boston, Massachusetts, USA, Fairmarkit helps procurement teams at large enterprises automate tail-spend sourcing work and get results faster.
Fairmarkit takes requests and supplier data as input and produces quotes and recommendations. It combines large language models with task-specific AI, with the vendor managing prompts, models and updates. It connects to tools such as SAP Ariba, Coupa, Oracle and NetSuite, so the agent works inside existing workflows.
Fairmarkit is built for procurement teams at large enterprises. It suits teams that want autonomous sourcing and supplier recommendations without adding headcount, while keeping people in control of review and final decisions.
Fairmarkit is often compared with Arkestro. Fairmarkit stands out for autonomous sourcing and RFQ automation. The right choice depends on your workflow, integrations and budget, so compare both on a real task.
Pricing Model
Custom
Starting Price
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Free Options
None
Fairmarkit for individuals and growing teams. See fairmarkit.com for current pricing.
Fairmarkit for larger organizations with security and admin needs. Contact sales for a quote.
| Feature | Pro Popular | Enterprise |
|---|---|---|
| Autonomous sourcing | , | |
| Supplier recommendations | , | |
| Higher usage limits | , | |
| Integrations | , | |
| Email support | , | |
| Everything in Pro | , | |
| RFQ automation | , | |
| Savings tracking | , | |
| SSO and admin controls | , | |
| Dedicated support | , |
Other
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Compliance Standards
SOC 2 Type II
EnterpriseISO 27001
EnterpriseGDPR Compliant
GlobalHIPAA
HealthcarePCI DSS
FinanceCCPA
PrivacyFedRAMP
GovernmentCSA STAR
CloudDeployment & Data
Data Residency Options
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