--- title: "Fairmarkit Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about Fairmarkit Software - reviews, pricing plans, popular comparisons to other Expense Report products and more." source_url: "https://www.capterra.com/p/174247/FairMarkIT/" page_type: "product" language: "en" --- # Fairmarkit Software Review 2026: Features, Integrations, Pros & Cons Last updated on August 27, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[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/)[Expense Report](https://www.capterra.com/expense-report-software/)[RFP](https://www.capterra.com/rfp-software/) Top alternative Featured Overall rating Based on 8 user reviews Reviews sentiment Positive \- Neutral \- Negative \- ### Starting price 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 (423)](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 4.7 (416) Value For Money 4.9 (8) Value For Money 4.6 (307) Customer Service 4.8 (8) Customer Service 4.7 (376) ## Fairmarkit alternatives 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 [TYASuite](https://www.capterra.com/p/190444/TYASuite/) [4.2 (78)](https://www.capterra.com/p/190444/TYASuite/reviews/) Starting price $65000.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 81% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/190444/TYASuite/) [Tradogram](https://www.capterra.com/p/136077/Tradogram/) [4.5 (109)](https://www.capterra.com/p/136077/Tradogram/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/136077/Tradogram/) [Procurify](https://www.capterra.com/p/129758/Procurify/) [4.6 (204)](https://www.capterra.com/p/129758/Procurify/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/129758/Procurify/) [View all alternatives](https://www.capterra.com/p/174247/FairMarkIT/alternatives/) ## FAQs about Fairmarkit Overview ### What company size and specific industries is Fairmarkit built for? Fairmarkit is designed for large enterprises with at least 5,000 employees or more than $1 billion in non-strategic spend. It is built for organizations with complex procurement needs rather than small businesses or mid-market companies, and the description does not specify any particular industries. Features and Usability ### What are the key features of Fairmarkit? Fairmarkit includes sourcing and procurement features such as RFx creation, bid management, auction management, requisition management, and supplier management. It also offers spend analysis, budget control, contract and document management, configurable workflow, access controls, audit trail, real-time reporting, and third-party integrations with ERP and accounting systems. Integrations ### Which third-party tools and platforms does Fairmarkit integrate with? Fairmarkit integrates with JD Edwards EnterpriseOne, Coupa, Oracle Cloud Financials, Oracle PeopleSoft, SAP Ariba, SAP S/4HANA Cloud, ServiceNow, and Workday Financial Management. These integrations cover procurement, ERP, and finance systems, supporting requisitions, purchase orders, and related sourcing workflows across enterprise platforms. Answer based on 1 reviews Getting Started and Support ### What training and onboarding options does Fairmarkit offer? Fairmarkit provides in person training, live online sessions, webinars, documentation, and videos for teams getting started. In person and live online formats support guided instruction, webinars offer scheduled group learning, documentation gives written reference material, and videos provide visual self-paced guidance. Getting Started and Support ### What customer support options does Fairmarkit offer? Fairmarkit provides 24/7 live rep support. Support is available at all hours for direct assistance through a live representative. No reviewer feedback is available here, so the support experience cannot be described beyond the listed channel. ## Features AI summary Based on 6,635 Expense Report reviews Capterra reviewers most often point to these features as key priorities when evaluating expense report software: - **Expense Tracking** (**53%** of reviewers rated this feature as critical) - **Expense Claims** (**49%**) - **Receipt Management** (**49%**) Fairmarkit focuses on other purchasing and sourcing capabilities rather than the expense report features listed above. Its feature set is geared more toward procurement workflows and supplier management, helping businesses coordinate purchasing activity, maintain visibility into sourcing processes, and support more consistent operational oversight across teams. 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 Due Date Tracking 3.0 (2) 100.00% of 2 reviewers that rated this feature as important or highly important Ability to identify, sort on and alert participating parties about the approaching date by which action has to be taken Fairmarkit 66 features ### All Features - Access Controls/Permissions: Define levels of authorization for access to specific files or systems - Accounting Integration: Integrate with a third-party accounting system - Activity Dashboard: Dashboard to view the status of ongoing processes, identify current incidents and track past activities - Activity Tracking: Track and document all activities across devices, networks, and other systems - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - API: Application programming interface that allows for integration with other systems/databases - Auction Management: Allows businesses to create and manage auctions. - Audit Management: Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws - Audit Trail: A record of all activities within the system, including user access, changes made, etc. - Bid Management: Share bid details, archive bids, and create bid requests to assist in bid solicitation and quote comparison - Budget Management: Forecast, allocate funds, organize financial resources and report & analyze project's income and expenditure - Catalog Management: Create and manage digital catalog of products/services with their details, specifications, and price - Categorization/Grouping: Organize and group data or items based on various criteria - Collaboration Tools: Provides a channel for team members to share AI models, media files, communicate, and work together - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Configurable Workflow: Configure existing workflows to meet your organization's needs - Contract/License Management: Track, store, and access client contracts or licenses - Customizable Reports: Alter the layout and content of reports - Customizable Templates: Pre-designed layouts that can be customized to match preferences and requirements - Data Import/Export: Import and export data to and from software applications - Document Automation: Automated or logic-based workflows that assist in the creation of electronic documents - Document Management: Store, manage, and track all electronic documents in a centralized location - Document Review: Review and analyze existing information across documents - Document Storage: Store and organize documents in a centralized system - Document Templates: Customizable sample documents that contain placeholder text or a standard layout that can be repeated for each new file - Due Date Tracking: Ability to identify, sort on and alert participating parties about the approaching date by which action has to be taken - ERP integration: Integrate with existing ERP systems - Generative AI: Use AI to generate content in the form of text, images, videos, etc. - Global Sourcing Management: Procure goods, materials, or services from international suppliers - Knowledge Library: A repository of previously used/received RFP questions with responses - Multi-Currency: Manage and handle various international currencies - Order Management: Manage and track customer orders for goods, investments, or any other purchases - Order Tracking: Track orders throughout the fulfillment process - Procurement Management: Organize and manage all processes/procedures involved in purchasing goods and/or services - Project Management: Plan and coordinate all the resources, costs and time needed to execute assignments - Projections: Estimate or forecast of a future scenario based on the study of present trends - Purchasing & Receiving: Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity - Quotes/Estimates: Generate quotes or estimates for customers - Real-Time Analytics: Analyze and gain insights into data in real-time - Real-Time Data: Receive data and information in real time - Real-Time Notifications: Notifications that are delivered to users as soon as an event occurs - Real-Time Reporting: Active reporting of data and metrics - Real-Time Updates: Receive system updates as soon as any changes are made - Reminders: Timed notification for any upcoming task, deadline, appointment, or activity - Reporting & Statistics: Collection, analysis, and representation of numerical data and generation of reports to understand various patterns - Requisition Management: Review, approve and cancel requests for goods/services to be purchased - RFP Creation: The process of creating a questionnaire and submitting it to prospective vendors. - Rfx Management: The process of submitting requests for quotes, proposals, information, etc. - Risk Assessment: Initiate collection and analysis of known risks - Search/Filter: Search and filter data across systems to locate required information by entering keywords or certain criteria - Self Service Portal: Online portal through which end users can access the system, manage tasks, or obtain information - Spend Analysis: Review and uncover trends in spending activity - Spend Control: Set allowances and ensure employees don't spend more than the allotted amounts - Spend Management: Track the amount of money spent on a certain product or with a certain supplier - Status Tracking: Track the status over time for a request, process, asset, or transaction - Supplier Management: Manage all supplier data and operations - Supplier Qualification: The process of assessing potential suppliers based on required credentials, quality standards, etc. - Supplier Risk Management: Identify, assess & manage risks that could arise from working with third-party suppliers to protect against disruptions in supply chain - Supplier Web Portal: Integrated online platform shared by businesses and their vendors to exchange information/files and collaborate on projects. - Supply Chain Management: Manage the planning and execution of supply chain activities - Template Management: Create, save, and re-purpose templates for emails, forms, etc. - Templates: Sample files or documents that could be customized as needed or used as is - Third-Party Integrations: Set up connections to third-party platforms to improve business processes - User Management: Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks - Vendor Management: Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc. - Version Control: Track revisions and updates made to files and navigate between different versions --- 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 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 Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. 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 Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. 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 Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. 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 Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. 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 Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. 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. AN 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.