Average Ratings 0 Ratings
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'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
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