Fairmarkit Reviews

4.7 (3) Write a Review!

About Fairmarkit

Competitively source every purchase, automate tail spend management, and diversify your supply chain. For orgs with 5k+ employees.

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Pros:

Not Available

Cons:

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Fairmarkit ratings

Average score

Ease of Use
4.3
Customer Service
4.7
Features
4.7
Value for Money
4.7

Likelihood to recommend

9/10

Fairmarkit has an overall rating of 4.7 out 5 stars based on 3 user reviews on Capterra.

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Rahul
Rahul
Head of Direct Tech Sourcing & Operations in US
Verified LinkedIn User
Information Technology & Services, 10,000+ Employees
Used the Software for: 1-5 months
Reviewer Source

Great tool for tail spend

5.0 2 years ago

Comments: Team that is responsive and on top of things.

Pros:

A tool that will help your company be hands off in saving money in an automated fashion. This software can search for best prices that exists in various catalogs out there and sorta be like the catalog aggregator. The value prop is that its hands off savings generation.

Cons:

That we already had an eRFP tool deployed. Else, could have deployed the entire suite.

Verified Reviewer
Executive, Head of Sourcing, Procurement, Contracts and Travel in US
Verified LinkedIn User
Hospital & Health Care, 5,001-10,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Creating tail spend leverage by using FairMarkIT

5.0 4 years ago

Comments: We have piloted the product and now in the process of executing on a full engagement.

Pros:

The power of FairMarkIT allows you to address tail spend to identify leverage points for greater economies as well ferret out potential risks, be it cyber security, fraud, abuse, etc.

Cons:

Nothing to report here as the product has met our expectations with future enhancements in flight.

Helene
Helene
Director, Content in US
Verified LinkedIn User
Public Relations & Communications, 501-1,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Fairmarkit is the solution to the company's purchasing and procurement

4.0 4 months ago

Comments: This software is very useful to be able to have at hand the requests, quotes and budgets from different suppliers, and to make price comparisons easily and quickly, to make purchases and supply of everything we need for the manufacture of our products.

Pros:

It has the management of suppliers and request for quotations, where we can review in detail, all suppliers, their prices and offers, so compare prices and choose the most appropriate for our company. With the supplier qualification tool, we can find the purchase history, their previous prices, description and quality of their products and much more information necessary to know the supplier. With the integration of accounting and payment software, it allows to keep track of payments made to suppliers and thanks to the tracking of dates, invoices are never overdue.

Cons:

The software is quite complete and fulfills all the functions we need as a department, we only need to focus on it, to know it deeply, as it has many modules and tools. The reports are very simple, we need more complete reports, that show in detail why we should lean towards a supplier, beyond the price. The bid management also lacks important functions, which should be taken into account, beyond the price of the product, since we base our purchase on quality/durability/price, not only price.