Fairmarkit Integrates with SAP S/4HANA to Automate Sourcing and Find Significant Tail Spend Savings for Customers
By integrating with SAP S/4HANA solution, Fairmarkit delivers autonomous sourcing capabilities for enterprise companies
BOSTON, May 16, 2023 /PRNewswire-PRWeb/ -- Fairmarkit, the autonomous sourcing solution transforming the procurement of goods and services for enterprises, today announces the integration of its solution with SAP's flagship enterprise resource planning system, S/4HANA, allowing customers to automatically and competitively source and award purchases for both goods and services.
"Our work inside the SAP environment has been incredibly successful, and we look forward to reaching more of their end users with immediate benefit that requires little-to-no IT lift," said Kevin Frechette, CEO of Fairmarkit. "SAP is the leader in business spend management and enterprise commerce, so we are honored to help more of their customer base find the savings inevitably hidden in the 80 percent of purchases that make up tail spend."
The completion of Fairmarkit's API integration and certified application with SAP/4HANA allows customers to focus on competitive sourcing, which is increasingly essential as companies face downward pressure on spend.
About Fairmarkit
Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged across a number of industries by innovative procurement departments, such as BP, Snowflake, Cabot Corporation, and Refinitiv, Fairmarkit aims to revolutionize the way organizations make purchases. Learn more at http://www.fairmarkit.com.
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Tisha Ferraro for Fairmarkit
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(775) 848-8231
Media Contact
Tisha Ferraro, The Key PR, 7758488231, [email protected]
SOURCE FairMarkit
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