Fairmarkit

fairmarkit.com · Boston, United States of America

Fairmarkit provides an AI-driven procurement platform that automates tail spend sourcing and supplier selection for mid-market and enterprise organizations, helping procurement teams reduce manual work and achieve cost savings. The platform integrates with major ERP and procurement systems to streamline RFQs, supplier discovery, and competitive bidding. Fairmarkit generates revenue through subscription-based software and related services sold to corporate and public-sector procurement departments.

  • Procurement & Sourcing
  • Workflow Automation
  • Business Intelligence & Dashboards
Revenue
$35.0M
Employees
250
Founded
2017
Headquarters
Boston, United States of America

What 27 Arbolus experts think of Fairmarkit

27 customers have reviewed Fairmarkit so far. The full customer report is in progress and publishes once enough customers have been interviewed in depth.

Who reviewed Fairmarkit

Total customers 27 24 current · 3 former
Reviews growth +16 in six months
Seniority of respondents
  • C-Suite 60% (16)
  • Director 36% (10)
  • Manager 4% (1)
Operations Executive Director NPS 8 Undecided
Operations Executive C-Suite NPS 8 Undecided
Not specified Director NPS 8 Will renew

Employer names and spend open once the report publishes.

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Sentiment

7 Net Promoter Score, from 27 scored reviews
  • Promoters 6
  • Passives 17
  • Detractors 4

Cumulative NPS by month

+0 over 6 months
  • May 8
  • Jun 8
  • Jul 8
  • Aug 8
  • Sep 8
  • Oct 8

Net Promoter Score across 8 reviews, accumulated up to each month. Category median 20 across 8 companies.

Written answers and themes publish with the full report.

Renewal intent

Plan to renew 50%
  • Will renew 8
  • Undecided 5
  • Not renewing 3

Plan to renew, by seniority

  • C-Suite 43% 7 answers
  • Director 63% 8 answers
  • Not specified 0% 1 answer
  • 8.1/10 Average score from customers who will renew
  • 7.8/10 Average score from undecided customers
  • 5.7/10 Average score from customers not renewing

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