# Fairmarkit Software Pricing, Alternatives & More 2026 | Capterra > With the help of Capterra, learn about Fairmarkit Software - reviews, pricing plans, popular comparisons to other Expense Report products and more. Source: https://www.capterra.com/p/174247/FairMarkIT --- # Fairmarkit Software Review 2026: Features, Integrations, Pros & Cons Last updated on March 13, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. Independent research methodology Capterra’s researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology. 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[Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/) [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)[Reviews](#reviews) Fairmarkit ## What is Fairmarkit? Fairmarkit is an autonomous sourcing platform that transforms non-strategic spend so organizations can source more competitively at scale. It integrates with ERP and P2P systems to automate manual source-to-award workflows so procurement teams can manage 10x more events and reduce cycle times by 40% without adding resources. Fairmarkit’s AI-powered supplier recommendations find the best-fit suppliers for every event by leveraging an organization’s procurement data, uncovering 11% savings. ## What is Fairmarkit used for? [Sourcing](https://www.capterra.com/sourcing-software/)[Procurement](https://www.capterra.com/procurement-software/)[Purchasing](https://www.capterra.com/purchasing-software/) Top alternative Featured Overall rating Based on 8 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Contact vendor for pricing Free trial not available Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for Fairmarkit?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=https://fairmarkit.com&name=Fairmarkit) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### Fairmarkit 4.8 (8) VS. [4.7 (421)](https://www.capterra.com/p/136321/ProcurementExpress-com/reviews/) Starting Price Contact vendor Starting Price $415 Flat Rate, Per Month Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.8 (8) Ease Of Use 4.8 (414) Value For Money 4.9 (8) Value For Money 4.6 (305) Customer Service 4.8 (8) Customer Service 4.7 (374) ## Fairmarkit alternatives [4.5 (109)](https://www.capterra.com/p/136077/Tradogram/reviews/) Starting price $425.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [4.6 (199)](https://www.capterra.com/p/129758/Procurify/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 93% of reviewers rated it above 4 stars [4.5 (172)](https://www.capterra.com/p/161813/Order-Software/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars Highest Rated [4.8 (255)](https://www.capterra.com/p/148522/Precoro/reviews/) Starting price $499.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [View all alternatives](https://www.capterra.com/p/174247/FairMarkIT/alternatives/) ## Features Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically. Audit Trail 4.6 (5) 60.00% of 5 reviewers that rated this feature as important or highly important A record of all activities within the system, including user access, changes made, etc. Quotes/Estimates 5.0 (4) 100.00% of 4 reviewers that rated this feature as important or highly important Generate quotes or estimates for customers Access Controls/Permissions 4.7 (3) 100.00% of 3 reviewers that rated this feature as important or highly important Define levels of authorization for access to specific files or systems Compliance Management 4.3 (3) 66.67% of 3 reviewers that rated this feature as important or highly important Track and manage adherence to policies for any service, product, process, or supplier Procurement Management 4.7 (3) 100.00% of 3 reviewers that rated this feature as important or highly important Organize and manage all processes/procedures involved in purchasing goods and/or services Onboarding 5.0 (2) 100.00% of 2 reviewers that rated this feature as important or highly important Process of familiarizing new clients, stakeholders or employees with the company, a new location, or a service Fairmarkit 67 features Define levels of authorization for access to specific files or systems Integrate with a third-party accounting system Dashboard to view the status of ongoing processes, identify current incidents and track past activities Track and document all activities across devices, networks, and other systems Generate one-off reports that meet information requirements Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Application programming interface that allows for integration with other systems/databases Allows businesses to create and manage auctions. Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws A record of all activities within the system, including user access, changes made, etc. Share bid details, archive bids, and create bid requests to assist in bid solicitation and quote comparison Manage and monitor spending to align with the financial constraints or goals Forecast, allocate funds, organize financial resources and report & analyze project's income and expenditure Create and manage digital catalog of products/services with their details, specifications, and price Organize and group data or items based on various criteria Provides a channel for team members to share media files, communicate, and work together Track and manage adherence to policies for any service, product, process, or supplier Configure existing workflows to meet your organization's needs Track, store, and access client contracts or licenses Alter the layout and content of reports Pre-designed layouts that can be customized to match preferences and requirements Import and export data to and from software applications Graphical representation of data Store, manage, and track all electronic documents in a centralized location Store and organize documents in a centralized system Integrate with existing ERP systems Use AI to generate content in the form of text, images, videos, etc. Procure goods, materials, or services from international suppliers Manage and handle various international currencies Process of familiarizing new clients, stakeholders or employees with the company, a new location, or a service Manage and track customer orders for goods, investments, or any other purchases Track orders throughout the fulfillment process A set of indicators that tracks the performance of networks, applications, systems, teams, etc. Organize and manage all processes/procedures involved in purchasing goods and/or services Plan and coordinate all the resources, costs and time needed to execute assignments Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity Generate quotes or estimates for customers Analyze and gain insights into data in real-time Receive data and information in real time Active monitoring of systems, applications, or networks Notifications that are delivered to users as soon as an event occurs Active reporting of data and metrics Receive system updates as soon as any changes are made Timed notification for any upcoming task, deadline, appointment, or activity Collection, analysis, and representation of numerical data and generation of reports to understand various patterns Review, approve and cancel requests for goods/services to be purchased The process of creating a questionnaire and submitting it to prospective vendors. The process of submitting requests for quotes, proposals, information, etc. Initiate collection and analysis of known risks Automates and streamlines business processes by creating a sequence of predefined rules and actions that govern the flow of work Search and filter data across systems to locate required information by entering keywords or certain criteria Online portal through which end users can access the system, manage tasks, or obtain information Negotiate best prices and choose the right vendor for various purchases Review and uncover trends in spending activity Set allowances and ensure employees don't spend more than the allotted amounts Track the amount of money spent on a certain product or with a certain supplier Manage all supplier data and operations The process of assessing potential suppliers based on required credentials, quality standards, etc. Identify, assess & manage risks that could arise from working with third-party suppliers to protect against disruptions in supply chain Integrated online platform shared by businesses and their vendors to exchange information/files and collaborate on projects. Manage the planning and execution of supply chain activities Create, save, and re-purpose templates for emails, forms, etc. Set up connections to third-party platforms to improve business processes Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc. Create and maintain quality vendor data through data validation, maintenance, and audit trails to ensure proper compliance and sourcing Get Advice We can help you find the software with the features you need. Features 4.8 (8) 4.8 Based on 8 reviews ## Pricing Value for money 4.9 (8) ### Starting price Contact vendor for pricing Free trial not available Value for money 4.9 (8) 4.9 Based on 8 reviews ## Integrations [ SAP S/4HANA Cloud](https://www.capterra.com/p/152293/SAP-S-4HANA/)[ ServiceNow](https://www.capterra.com/p/254088/ServiceNow/)[ Oracle PeopleSoft](https://www.capterra.com/p/155958/Oracle-PeopleSoft/)[ Coupa](https://www.capterra.com/p/115928/Coupa/)[ SAP Ariba](https://www.capterra.com/p/227334/SAP-Ariba/)[ Workday Financial Management](https://www.capterra.com/p/66909/Workday-Financial-Management/)[ Oracle Cloud Financials](https://www.capterra.com/p/133096/Oracle-Financials/) Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 4.8 (8) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 4.8 (8) 4.8 Based on 8 reviews ## User reviews Overall rating 4.8 Based on 8 reviews Filter by rating 5(6) 4(2) 3(0) 2(0) 1(0) Mentioned topic Sorted by most recent MR Marcos R. Procurement Manager Transformation and Governance Mining & Metals ### "Alcoa Procurement Project Manager review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 26, 2023 My overhaul experience is great. I like the tool, I believe on the concept and I strongly believe it is easier then make RFQs via email or the other solution we have (SAP Ariba).The support from Fairmarkit is also something I appreciate as a client, we feel our concerns and request are carefully evaluated and I feel in the team a genuine design to keep evolving the solution. Pros \- Easy access for supplier (specially the fact it is not mandatory to maintain a password- Tool is extremely intuitive for buyers (no need for too much training)- Information regarding the RFQ is displayed on an easy way to understand and take decision Cons \- Chat functionality is not great. I don't like mainly because it is difficult to check by event if there is open/unread messages.- Column from the Analytics piece are not editable (e.g.: On Requisition details I can not include two new columns showing Savings and Cost avoidance separated). - I few there is still space to improve supplier recommendations, it is not unusual to receive complains from buyers and suppliers that the recommendation was not good. Switched from [SAP Ariba](https://www.capterra.com/p/227334/SAP-Ariba/) SAP Ariba was not user friendly to buyers neither to suppliers. It happened very frequently that the suppliers didn't manage to access the events. Buyers (even the experienced ones with the tool) always faced to many challenges to know to do things. Reasons for choosing Fairmarkit User friendly to Buyers and Suppliers + promiss of powerful recommendations. Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. LS Liju S. RME Coordinator Retail ### "Need to be more user friendly" 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 4.0 4.0 Likelihood to Recommend 8/10 May 25, 2023 Good Pros As the name suggested, it's fair and we are able to find the right bidder. Cons The unit of measurement option is very less Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. IB Isabela B. PSC Jr Buyer Mining & Metals ### "Fairmarkit Review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 24, 2023 The tool is helping me daily with my purchase requisitions. Pros Everything, the tool is easy to use, very practical and we're having a good feedback from the suppliers. Cons When the suppliers don't submit the formal proposal. Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. GA Gaston A. Director of Procurement Mining & Metals ### "Increased Functionalities" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 16, 2023 Fairmarkit has shown its value since day one. We have developed a solid collaborative relationship that has helped our team to improve and use the tool at its full capacity. Pros The consistent growth of the platform is of great value to us customers. The customer-focused approach Fairmarkit uses to develop the new tools and functionalities resonates with our specific needs, and made every improvement valuable in our day to day operations. Cons I can't think of anything that is my least favorite. Alternatives considered [Coupa](https://www.capterra.com/p/115928/Coupa/) [Zycus Procure-to-Pay Solution](https://www.capterra.com/p/131977/Zycus-Procure-to-Pay-Solution/) Reasons for choosing Fairmarkit The easy-to-use and AI-powered functionalities were what we were looking for. Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. JH Jim H. Purchasing Manager Utilities ### "I now have control of my Tail Spend using Fairmarkit!" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 16, 2023 Fairmarkit is undeniably one of the best procurement products on the market. The Fairmarkit team is excellent. I have not dealt with a single individual that I would rate as "average". Every member of the team from line staff to executive management have been excellent to work with. They ALWAYS have a can do attitude and a desire to make things happen for the customer (me)! Pros Fairmarkit has given me the ability, with a simple to use tool, to get accurate pricing and lead times on products that would have not been "sourced/quoted" in the past without very manual processing. Fairmarkit is tightly integrated into our Procure 2 Pay system allowing us to source/quote products and services extremely quickly and efficiently without the need to manually enter any of the information. This has created a marketplace where we continue to find savings in a volatile supply market with inflation. Additionally, we now can make good sourcing decisions based on lead times as well as prices.We are now working with Fairmarkit to make this process more autonomous! Who would have thought we could do that for low dollar tail spend products/services. Cons Nothing. It is a GREAT product. Truly, I have no CONS with our implementation of Fairmarkit. Reasons for choosing Fairmarkit The Fairmarkit software is streamlined, easy to use and integrated seamlessly with our Procure 2 Pay system. And we have guaranteed savings built into the contract! Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. Helene V. Director, Content Public Relations and Communications ### "Fairmarkit is the solution to the company's purchasing and procurement" 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 June 9, 2022 This software is very useful to be able to have at hand the requests, quotes and budgets from different suppliers, and to make price comparisons easily and quickly, to make purchases and supply of everything we need for the manufacture of our products. Pros It has the management of suppliers and request for quotations, where we can review in detail, all suppliers, their prices and offers, so compare prices and choose the most appropriate for our company. With the supplier qualification tool, we can find the purchase history, their previous prices, description and quality of their products and much more information necessary to know the supplier. With the integration of accounting and payment software, it allows to keep track of payments made to suppliers and thanks to the tracking of dates, invoices are never overdue. Cons The software is quite complete and fulfills all the functions we need as a department, we only need to focus on it, to know it deeply, as it has many modules and tools. The reports are very simple, we need more complete reports, that show in detail why we should lean towards a supplier, beyond the price. The bid management also lacks important functions, which should be taken into account, beyond the price of the product, since we base our purchase on quality/durability/price, not only price. Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. Rahul V. Head of Direct Tech Sourcing & Operations Information Technology and Services ### "Great tool for tail spend" 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 5.0 5.0 Customer Service 4.0 4.0 Likelihood to Recommend 9/10 June 28, 2020 Team that is responsive and on top of things. Pros A tool that will help your company be hands off in saving money in an automated fashion. This software can search for best prices that exists in various catalogs out there and sorta be like the catalog aggregator. The value prop is that its hands off savings generation. Cons That we already had an eRFP tool deployed. Else, could have deployed the entire suite. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. AU Anonymous User Executive, Head of Sourcing, Procurement, Contracts and Travel Hospital & Health Care ### "Creating tail spend leverage by using FairMarkIT" 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 September 6, 2018 We have piloted the product and now in the process of executing on a full engagement. Pros The power of FairMarkIT allows you to address tail spend to identify leverage points for greater economies as well ferret out potential risks, be it cyber security, fraud, abuse, etc. Cons Nothing to report here as the product has met our expectations with future enhancements in flight. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. [View all Reviews](https://www.capterra.com/p/174247/FairMarkIT/reviews/) ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Independent research methodology Capterra's researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology. [Learn more](https://www.capterra.com/resources/proprietary-data-research/) How Capterra verifies reviews Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. 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