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Fairmarkit

Fairmarkit is an AI-powered procurement platform that automates the sourcing process for enterprises. It helps organizations reduce costs and improve efficiency by streamlining supplier discovery, bidding, and purchasing activities.

*Survey of over 20,000+ Howdy Professionals

About Fairmarkit

Fairmarkit was created in 2017 to address inefficiencies in the procurement process. It leveraged AI technology to automate and optimize sourcing for enterprises, aiming to reduce costs and streamline operations.

Strengths of Fairmarkit include its AI-driven automation, cost reduction capabilities, and streamlined sourcing process. Weaknesses may involve integration challenges with existing systems and dependency on data quality. Competitors include Coupa, Jaggaer, and SAP Ariba.

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How to hire a Fairmarkit expert

A Fairmarkit expert must possess skills in AI and machine learning, data analysis, procurement processes, and integration with enterprise resource planning (ERP) systems. Proficiency in using procurement software and experience with supplier management tools are also essential.

*Estimations are based on information from Glassdoor, salary.com and live Howdy data.

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$ 127K

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$ 97K

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