Fairmarkit vs Keelvar
Fairmarkit
fairmarkit.com
Keelvar
keelvar.comSide by side
| Figure | Fairmarkit | Keelvar |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 2 | 1 |
| Spec score · Strategic Sourcing Software | 8.3 (#2) | 7.3 (#9) |
| Spec score · Sourcing Software | 8.3 (#4) | 7.4 (#10) |
| Founded | 2017 | 2012 |
| Headquarters | Boston, Massachusetts, United States | Cork, Ireland |
| Integrations | Native or partnered connections include SAP S/4HANA, SAP ECC, SAP Ariba, Oracle, Coupa, ServiceNow, Zip, Amazon Business, SpendHQ, Candex and Supplier.io. | Keelvar says it integrates with ERP, TMS, and procurement platforms including SAP Ariba and Coupa, and that integrations can typically be set up in days. |
| Support | GetApp lists email/help-desk, phone, FAQs/forum and knowledge-base support, with documentation, webinars, videos and live online training. | Keelvar describes customer success check-ins, best-practice guidance, a self-training module library, and a support portal; it reports average support request resolution of 1.1 hours. |
| What it does | Fairmarkit is a cloud procurement platform that automates sourcing from intake through supplier award for enterprise and mid-market teams. | Keelvar is an AI-native sourcing platform for large enterprises with complex supply chains, combining sourcing optimization and autonomous sourcing. |
Plans
In their own words
Fairmarkit
Fairmarkit is an autonomous sourcing platform for enterprise procurement teams, supporting work from demand intake through supplier award. Its Intake Agent captures requester needs, asks follow-up questions, and routes requests to the right team. For suitable sourcing events, the platform can automate supplier matching, event distribution, bundling, and rule-based awards. The Supplier Discovery Agent scans more than 500,000 suppliers and matches them by category fit, manufacturer compatibility, and response probability. Its Evaluation Agent supports bid comparisons, award scenario modeling, stakeholder scoring, and AI-assisted analysis, while leaving scoring decisions to the team. Listed integrations include SAP Ariba, Coupa, SAP S/4HANA, SAP ECC, Oracle, ServiceNow, Workday, Zip, Amazon Business, SpendHQ, Candex, and Supplier.io. Connections use standardized API connectors or file-based methods, with bidirectional data flows. Fairmarkit states that it is SOC 2 compliant and ISO 27001 certified; it also describes encryption, access controls, and database isolation. Pricing is on request. Interested customers should contact their Customer Success Manager to use autonomous sourcing.
Keelvar
Keelvar is an AI-native sourcing platform for large enterprises handling complex supply chains. Its web application and API combine three products: Sourcing Optimizer, Autonomous Sourcing, and Rate Manager, coordinated by Kai. Sourcing Optimizer evaluates bid data and models award scenarios using cost, risk, supply constraints, and strategic preferences. Autonomous Sourcing automates repeatable, high-volume RfX work from intake through award. Listed tools include an AI formula and scenario builder, bid-sheet configuration, supplier recommendations, real-time feedback, automated awards, and multi-round bidding. The service supports supplier discovery, sourcing events, reverse auctions, bid comparison, negotiation workflows, and multi-event programs. It integrates with ERP, TMS, and procurement systems such as SAP Ariba and Coupa, with a documented API. Security controls include TOTP MFA, SAML 2.0 or OpenID Connect SSO, role permissions, encryption, and stated ISO certifications. Pricing is on request.