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ease
features
design
support

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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

ProQurAI, developed by Digicode, is an innovative procurement automation solution that is independent of any specific ERP system and employs multiple AI agents to enhance the Source-to-Contract (S2C) process. Functioning securely within the confines of corporate firewalls, ProQurAI utilizes nine distinct autonomous AI agents that tackle various stages including Intake, Sourcing, RFx, Evaluation, Risk, Contract, Negotiation, Spend, and Orchestration, allowing them to collaboratively manage intricate procurement workflows without being dependent on conventional software bundles. This advanced system significantly reduces the time traditionally needed for procurement cycles from 60 to 90 days down to less than 30, transforms RFP drafting into a matter of minutes, and enables organizations to achieve annual spend savings of 5 to 10% through efficient spend routing, negotiation enhancements, and effective tail-spend management. ProQurAI is compatible with major platforms such as SAP, Oracle, and Microsoft, and it guarantees complete data privacy, employs private LLMs, maintains comprehensive audit trails, and incorporates human oversight at every stage of the approval process. With its ability to adapt to various procurement scenarios, ProQurAI stands out as a versatile tool in the ever-evolving landscape of procurement technology.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

Coupa
Ivalua
Oracle PeopleSoft
Pliant
SAP Ariba
SAP Store
Workday Extend

Integrations

Coupa
Ivalua
Oracle PeopleSoft
Pliant
SAP Ariba
SAP Store
Workday Extend

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Fairmarkit

Founded

2017

Country

United States

Website

fairmarkit.com

Vendor Details

Company Name

Digicode

Founded

2008

Country

Slovakia

Website

www.mydigicode.com/ai-powered-procurement/

Product Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Product Features

Alternatives

Alternatives