RFP and Sourcing Software (Buyer Side)
Fairmarkit: features, pricing and who it fits
Quotes and RFx events for smaller, never-bid purchases are the focus of Fairmarkit, which uses AI agents from intake to award. Teams on Coupa, Oracle or ServiceNow add it as a sourcing layer. It does not replace a full procure-to-pay suite, and prices are on request.
Who Fairmarkit is for
Best for
- Mid-size and large sourcing teams with lots of small purchases never competitively bid
- Teams already on Coupa, Oracle or ServiceNow that need a sourcing layer
Look elsewhere if
- Small companies wanting public self-serve pricing
- Teams looking for a full procure-to-pay suite
Fit by company size
| Category | 1-10 people | 11-50 people | 51-500 people | 500+ people |
|---|---|---|---|---|
| RFP and Sourcing Software (Buyer Side) | Poor fit | Poor fit | Strong fit | Strong fit |
Strong fitWorkablePoor fitNo data from the vendor
Fairmarkit features
- RFx events
- RFx Execution Agent runs RFx events at scale
- Scoring
- Evaluation Agent analyzes bids and supports award scenario testing
- Pricing
- Contact sales
- Integrations
- Bi-directional ERP and P2P sync (Oracle, Coupa, ServiceNow, Amazon, Grainger logos) plus Open API
Pros and cons
What users like
- Simple to use for collecting supplier bids (G2 summary)
Integrations, security and hosting
Worth knowing before you buy
- Positioned around the claim that over 30% of spend never gets competitively sourced (vendor statement), i.e. tail spend.
- Vendor-reported results: 11% average identified savings, 86% shorter intake-to-award cycle ( not confirmed by the vendor vendor figures).
- Product is now framed as agentic: separate AI agents for intake, supplier discovery, RFx, evaluation.
- Sits next to P2P suites rather than replacing them: integrates with Coupa and Oracle.
- Only 17 G2 reviews, so rating is a thin sample.
