About Fairmarkit

Tail spend resources for your business

The Interactive Tail Spend Experience

Your tail spend will never be the same

Cut cycle times Boost visibility Find savings With Fairmarkit, you can finally get tail spend under control

Automate tail spend management to get results:

Want to cut procurement cycle times by up to 40%? Get rid of manual steps like supplier selection, RFQ publishing, and RFQ awarding in your source-to-award process

Our customers save an average 10% So can you With more competition in your tail spend, you’ll get more bids and better pricing on one-off purchases—plus the upper hand when renegotiating contracts

See what’s in your tail spend with structured data and analytics And create performance reports whenever you need them

Predictable, streamlined, and automated sourcing means always-on compliance and built-in transparency Enforce supplier diversity and minimum bid policies—without the “per my last email” emails

Our customers get more out of every purchase

Fairmarkit customers automate tail spend sourcing to drive results that support their efficiency, digitalization, and cost savings initiatives

~90% of requests receive a bid below the benchmark within 4 hours Every RFx sourced through our platform receives, on average, at least 3 bids Over 10% savings realized on purchases made through our marketplace “Automation and the capture of data makes our platform infinitely smarter than any one person ”