Strategic Sourcing needs an overhaul
GenAI and Automation provide a game-changing
RFP experience
Product features
Say goodbye to phone calls, forms, and unhelpful chatbots. KIT helps you engage business users early by helping them submit their requirements, assigning categories, and auto-generating SOWs before any supplier engagement.
KIT consolidates all demand for goods & services in a single, intuitive inbox that provides visibility into demand status, age, and next steps so you are always on top of SLAs. KIT also intelligently routes requests based on policies & procedures. For example, it can identify contracted spend and route it to a catalog instead of the sourcing pipeline.
Never struggle with adoption of RFP tools again. Whether you’re leveraging the built-in SIG templates or information in the Sourcing Inbox, a comprehensive RFP is always minutes away. Fairmarkit makes complex tasks easy, with extensive capabilities for multi-round bidding, reverse auctions, event logs, sealed bids, and more.
Strategic sourcing is a team effort. Invite any number of RFP collaborators, each of whom can login to review detailed information, communicate with suppliers, attach documentation, and more. Fairmarkit also supports weighted scoring & evaluation, so you can ditch the complex spreadsheets and meetings in favor of an easy and transparent collaboration process.
Make proactive and data-driven decisions to optimize sourcing on a continuous basis. Embedded dashboards provide a holistic snapshot of team performance, event analytics, spend & savings by segment, supplier utilization, and more.