Question 1

How does Fairmarkit's platform work?

Accepted Answer

Fairmarkit's platform automates the sourcing process, from intent to sourcing, in minutes. It uses intelligent algorithms to recommend the best-fit suppliers for each event, and then handles the entire sourcing workflow, including supplier outreach, negotiation, and contract management.

Question 2

What types of sourcing does Fairmarkit support?

Accepted Answer

Fairmarkit's platform supports both tail spend and strategic sourcing. For tail spend, the platform provides autonomous sourcing to streamline the process. For strategic sourcing, the platform offers autonomous sourcing capabilities to help users find the best-fit suppliers.

Question 3

How does Fairmarkit ensure security and compliance?

Accepted Answer

Fairmarkit emphasizes security in everything they do. The platform is built with robust security measures, and the company is committed to ensuring that its customers' data is protected. Fairmarkit also maintains compliance with industry standards and regulations.

Question 4

What resources does Fairmarkit offer?

Accepted Answer

Fairmarkit provides a variety of resources to help its customers and partners, including platform documentation, support materials, webinars, and in-person events. The company also has a resource center with ebooks, guides, and case studies to help users stay up-to-date on the latest procurement trends and best practices.

Fairmarkit

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Frequently Asked Questions about Fairmarkit

How does Fairmarkit's platform work?

What types of sourcing does Fairmarkit support?

How does Fairmarkit ensure security and compliance?

What resources does Fairmarkit offer?

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