# Fairmarkit Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Fairmarkit the right Expense Report solution for you? Explore 8 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/174247/FairMarkIT/reviews --- Fairmarkit 4.8 (8) [View alternatives](https://www.capterra.com/p/174247/FairMarkIT/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Reviews of Fairmarkit Ease of use 4.8 Customer Service 4.8 ## Showing most helpful reviews Showing 1-8 of 8 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use Helene V. Director, Content Public Relations and Communications Used the software for: 6-12 months ### "Fairmarkit is the solution to the company's purchasing and procurement" June 9, 2022 4.0 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 MR Marcos R. Procurement Manager Transformation and Governance Mining & Metals Used the software for: Less than 6 months ### "Alcoa Procurement Project Manager review" May 26, 2023 5.0 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. Reason for choosing Fairmarkit User friendly to Buyers and Suppliers + promiss of powerful recommendations. 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. Review Source LS Liju S. RME Coordinator Retail Used the software for: 1-2 years ### "Need to be more user friendly" May 25, 2023 4.0 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 GA Gaston A. Director of Procurement Mining & Metals Used the software for: 2+ years ### "Increased Functionalities" May 16, 2023 5.0 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/) Reason for choosing Fairmarkit The easy-to-use and AI-powered functionalities were what we were looking for. Review Source JH Jim H. Purchasing Manager Utilities Used the software for: 1-2 years ### "I now have control of my Tail Spend using Fairmarkit!" May 16, 2023 5.0 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. Reason 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 IB Isabela B. PSC Jr Buyer Mining & Metals Used the software for: Less than 6 months ### "Fairmarkit Review" May 24, 2023 5.0 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 VR Verified Reviewer Executive, Head of Sourcing, Procurement, Contracts and Travel Hospital & Health Care Used the software for: 6-12 months ### "Creating tail spend leverage by using FairMarkIT" September 6, 2018 5.0 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 Rahul V. Head of Direct Tech Sourcing & Operations Information Technology and Services Used the software for: Less than 6 months ### "Great tool for tail spend" June 28, 2020 5.0 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 Similar Products Featured ## Send me user reviews about this product ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.