Supplier management is a critical aspect of procurement and supply chain management, yet its importance is often overlooked. This oversight can be caused by many factors but most commonly is overlooked due to an organization's lack of resources as well as the manpower and complexity it takes to manage these suppliers, especially with organizations with large supplier networks. In recent years, there has been a shift in mindset and increased awareness as technology has allowed companies to expand on their abilities to manage and bring oversight into the supplier management process. Learn more: https://lnkd.in/ewxFaQY9
Fairmarkit
Software Development
Boston, Massachusetts 12,260 followers
Autonomous sourcing for all spend
About us
Fairmarkit is an autonomous sourcing platform that helps organizations source more competitively at scale. Procurement teams use Fairmarkit’s AI and GenAI capabilities to manage 10x more events per FTE and uncover $40k in savings per buyer per week.
- Website
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http://www.fairmarkit.com
External link for Fairmarkit
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Software, Procurement, eSourcing, Financial Software, Supply Chain, eProcurement, Automated Sourcing, and Intelligent Sourcing
Locations
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Primary
One Beacon St.
FL 15
Boston, Massachusetts 02108, US
Employees at Fairmarkit
Updates
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Fairmarkit reposted this
We are excited to feature Kevin Frechette, CEO and co-founder of Fairmarkit, the autonomous sourcing platform, on our upcoming Summer of AI conversation series! Kevin started Fairmarkit as a tail spend automation solution, and has continuously been pushing the boundaries to explore how AI and automation can transform procurement and supply chain processes. Using data and automation, Fairmarkit creates streamlined experiences for buyers and suppliers while fostering market competition. Most notably, Kevin has led the company to a No. 159 ranking on the Inc. 5000 fastest-growing companies in America list. Kevin will join us on July 18 for “Forecasting the Future: The Rise of the AI Accountant” to share his insight and perspective on how AI is pushing the boundaries of what’s possible in business. Register now! https://lnkd.in/gHeS4K4a
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Registration for our upcoming webinar “Data Overwhelm in Procurement: AI as Your Best Ally” ends today! Our very own Erin McFarlane, VP of Operations, and Allison Yount, VP of Partnerships, will be joined by Pierre Laprée, Chief Product Officer at SpendHQ, to discuss the issues and impacts that data overwhelm have had in their work and how technology like GenAI and automation are directly revolutionizing how organizations approach data management and decision-making in procurement. Registration closes on Tuesday, July 9th at 9:00pm ET so save your seat now: https://lnkd.in/eTBv-Bxn
Register now for our upcoming webinar, “Data Overwhelm in Procurement: AI as Your Best Ally,” on Wednesday, July 10th at 11:00am ET! Our very own Erin McFarlane, VP of Operations, and Allison Yount, VP of Partnerships, will be joined by Pierre Laprée, Chief Product Officer at SpendHQ, to discuss the issues and impacts that data overwhelm have had in their work and how technology like GenAI and automation are directly revolutionizing how organizations approach data management and decision-making in procurement. Registration closes on Tuesday, July 9th at 9:00pm ET so save your seat now: https://lnkd.in/eTBv-Bxn
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Last month, our Engineering team hosted a Family Day in Warsaw complete with kayaking adventures, delicious food, and quality time spent with colleagues and loved ones! Special thanks to Tamara Bruy and Rostyslav Bohush for helping to organize such an amazing event!
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Happy #FairmarkitFriday to the #FairmarkitFam and beyond! This week, we’re super excited to celebrate Vitali M. for exemplifying our core value of ‘we before me’ each and every day! Congratulations Vitali!
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Happy Fourth of July from the #FairmarkitFam
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Our upcoming webinar, “Data Overwhelm in Procurement: AI as Your Best Ally,” is one week away on Wednesday, July 10th at 11:00am ET! Our very own Erin McFarlane, VP of Operations, and Allison Yount, VP of Partnerships, will be joined by Pierre Laprée, Chief Product Officer at SpendHQ, to discuss the issues and impacts that data overwhelm have had in their work and how technology like GenAI and automation are directly revolutionizing how organizations approach data management and decision-making in procurement. Registration closes on Tuesday, July 9th at 9:00pm ET so save your seat now: https://lnkd.in/eTBv-Bxn
Register now for our upcoming webinar, “Data Overwhelm in Procurement: AI as Your Best Ally,” on Wednesday, July 10th at 11:00am ET! Our very own Erin McFarlane, VP of Operations, and Allison Yount, VP of Partnerships, will be joined by Pierre Laprée, Chief Product Officer at SpendHQ, to discuss the issues and impacts that data overwhelm have had in their work and how technology like GenAI and automation are directly revolutionizing how organizations approach data management and decision-making in procurement. Registration closes on Tuesday, July 9th at 9:00pm ET so save your seat now: https://lnkd.in/eTBv-Bxn
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How does AI and GenAI fit into the procurement process? Listen to our very own CEO and Co-Founder, Kevin Frechette, explain where Fairmarkit is using AI and GenAI in the procurement process in this short clip from our “GenAI Lessons Learned in Procurement” webinar in April. Want to learn more? Access your free copy of the full webinar recording here: https://lnkd.in/eaE9Taq8
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Fairmarkit brings enterprise solutions to mid-market procurement teams. Centralized sourcing, increased cycle visibility, and a simplified end-user experience benefit procurement teams of any size in any organization. Fairmarkit is committed to changing how procurement teams operate from enterprises to mid-size organizations. Manual workflows and legacy tools result in misaligned teams, rogue spend, increased risk, and missed targets. We’re here to help you close that gap and deliver results. Learn more: https://lnkd.in/egZx4rE6
Fairmarkit brings enterprise solutions to mid-market procurement teams | Fairmarkit Blog
fairmarkit.com
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This week, we’re super excited to celebrate Clayton Samaniego for his operational excellence in closing some amazing deals last quarter earning him this week’s Eagle of the Week honors! Congratulations Clayton!
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