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Average Ratings 0 Ratings
Description
Fairmarkit is an intelligent sourcing platform that empowers companies to purchase the goods and services they require more efficiently. Fairmarkit empowers procurement and supply-chain teams to use automation and data to promote competitive bidding and reduce manual work in existing processes. Fairmarkit is a consortium of innovative procurement departments from a variety of industries such as Univision and ServiceNow. It aims to revolutionize how organizations purchase goods and services. Visit www.fairmarkit.com to learn more.
Description
Elsai Sourcing Intelligence is a procurement workflow solution enhanced by AI that assists supply chain teams in managing their sourcing processes effectively. It streamlines various tasks such as sourcing intake, supplier research and selection, the creation of RFx events, auction management, bid analysis, award recommendations, governance oversight, and sourcing analytics. This tool enables teams to oversee the entire sourcing journey from request to award, providing justifications for supplier choices and award decisions, allowing for human intervention in cases of policy exceptions or threshold-related awards, and utilizing versioned templates and rules. Additionally, it maintains a comprehensive, traceable record of all events, bids, communications, and decisions made throughout the process. Its dashboards provide insights into the sourcing pipeline, event cycle times, captured savings, supplier participation, and adherence to compliance standards. Specifically designed for regulated enterprises, this solution can be deployed in various environments, including private clouds, on-premises, or localized settings, and it seamlessly integrates with existing procurement, ERP, contracting, and supply chain systems, enhancing overall operational efficiency. This integration allows organizations to harness the full potential of their existing infrastructure while improving sourcing outcomes.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Coupa
Yes
SAP Ariba
Yes
Ivalua
Yes
Oracle PeopleSoft
Yes
Pliant
Yes
SAP Store
Yes
Workday Extend
Yes
Integrations
Coupa
Yes
SAP Ariba
Yes
Ivalua
No
Oracle PeopleSoft
No
Pliant
No
SAP Store
No
Workday Extend
No
Pricing Details
Flexible pricing options available!
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Fairmarkit
Founded
2017
Country
United States
Website
fairmarkit.com
Vendor Details
Company Name
elsai
Founded
2025
Country
India
Website
www.elsai.ai/supplychain-procurement/sourcing-intelligence
Product Features
Procurement
Asset Management
No
Auction Management
Yes
Bid Management
Yes
Budget Management
Yes
Catalog Management
Yes
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
Yes
Purchase Order Management
No
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
No
Supplier Management
Yes