Fairmarkit vs procurEngine
Fairmarkit
fairmarkit.comprocurEngine
procurengine.aiSide by side
| Figure | Fairmarkit | procurEngine |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 2 | 3 |
| Spec score · Sourcing Software | 8.3 (#4) | 8.0 (#6) |
| Company legal name | The terms identify the provider as Fairmarkit, Inc. | The maker is AgileApt Solutions Private Limited. |
| Founded | 2017 | 2014 |
| Headquarters | Boston, Massachusetts, United States | Noida, Uttar Pradesh, India |
| Integrations | Native or partnered connections include SAP S/4HANA, SAP ECC, SAP Ariba, Oracle, Coupa, ServiceNow, Zip, Amazon Business, SpendHQ, Candex and Supplier.io. | Purpose-built connectors are available for SAP ECC, SAP S/4HANA and Microsoft Dynamics 365 Business Central; other systems can connect through documented REST APIs. |
| Rating on Capterra | 4.8 out of 5 from 8 reviews | 5.0 out of 5 from 1 review |
| Rating on G2 | 4.6 out of 5 from 17 reviews | 4.7 out of 5 from 3 reviews |
| Rating on Gartner Peer Insights | 4.0 out of 5 from 1 rating | 5.0 out of 5 from 3 ratings |
| Rating on GetApp | 4.8 out of 5 from 8 reviews | 5.0 out of 5 from 1 review |
| Rating on TrustRadius | No aggregate score shown; comparison page lists 2 reviews and ratings | No overall rating; 0 reviews and ratings |
| Security certifications | Fairmarkit states that it is SOC 2 compliant and ISO 27001 certified. | AgileApt says procurEngine is ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certified, with certifications valid through June 2028 subject to surveillance. |
| Security controls | The security overview describes multi-tenant database isolation, least-privilege access, multi-factor authentication, and encryption of confidential data. | Security features include multidimensional role-based access control, MFA, encryption in transit and at rest, and full audit trails. |
| Support | GetApp lists email/help-desk, phone, FAQs/forum and knowledge-base support, with documentation, webinars, videos and live online training. | Standard support operates during business hours; Global customers receive 24/7 coverage for critical incidents, and suppliers use the supplier portal for onboarding and invoice help. |
| What it does | Fairmarkit is a cloud procurement platform that automates sourcing from intake through supplier award for enterprise and mid-market teams. | procurEngine is an enterprise Source-to-Pay platform covering intake, supplier management, sourcing, contracts, purchasing, approvals, invoicing and spend analytics. |
Plans
procurEngine
- EnterprisePriced on request
- EssentialPriced on request
- GlobalPriced on request
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.
procurEngine
procurEngine has no write-up on Specifiction yet; its figures are above.