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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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's Procure-to-Pay Intelligence is a sophisticated AI-driven workflow solution tailored for teams in enterprise procurement, finance, and accounts payable. This innovative platform streamlines the entire purchasing and invoice-to-payment process, handling tasks such as requisition intake, purchase order generation, invoice capture, matching, exception identification, approval processes, payment workflows, reconciliation, and comprehensive analytics. It is designed to seamlessly integrate with an organization's existing ERP, procurement, accounts payable, and treasury systems, enhancing overall efficiency. The system features customizable policies that facilitate budget adherence, compliance verification, approval limits, matching tolerances, and the escalation of exceptions for human review, ensuring meticulous oversight. Furthermore, it maintains detailed audit trails, documenting all workflow activities and decision-making processes. The vendor offers various deployment options, including private-cloud, on-premises, and in-country solutions, catering to organizations that prioritize data control. With its ability to automate document-heavy purchasing and invoice management, the system allows for significant efficiency gains while ensuring human oversight is retained for critical decisions and exceptions. This dual approach provides organizations with both speed and reliability in their financial operations.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Coupa Yes 
Ivalua Yes 
Oracle PeopleSoft Yes 
Pliant Yes 
SAP Ariba Yes 
SAP Store Yes 
Workday Extend Yes 

Integrations

Coupa No 
Ivalua No 
Oracle PeopleSoft No 
Pliant No 
SAP Ariba 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 No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

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/

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 

Product Features

Alternatives

Alternatives

No Alternatives