Anvyl vs. Fairmarkit

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Anvyl
Score 6.0 out of 10
N/A
Anvyl headquartered in New York offers their supply chain production and procurement suite of software, supporting SKU and order management with order details down to each part, supplier, and itemized cost, workflows for sourcing and production, logistics monitoring, and an integrations hub including pre-built integrations with what the vendor states is most ERPs, accounting and payment solutions, logistics providers, and inventory management solutions.N/A
Fairmarkit
Score 10.0 out of 10
Enterprise companies (1,001+ employees)
Fairmarkit is an autonomous sourcing platform that transforms tail spend and strategic spend so organizations can source more competitively at scale. It integrates with ERP and P2P systems to automate manual source-to-award workflows so procurement teams can manage more events and reduce cycle times by without adding resources. Fairmarkit’s AI-powered supplier recommendations find the best-fit suppliers for events by leveraging an organization’s procurement data,…N/A
Pricing
AnvylFairmarkit
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnvylFairmarkit
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
AnvylFairmarkit
Top Pros
Top Cons

No answers on this topic

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AnvylFairmarkit
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User Ratings
AnvylFairmarkit
Likelihood to Recommend
6.0
(2 ratings)
10.0
(1 ratings)
User Testimonials
AnvylFairmarkit
Likelihood to Recommend
Anvyl
Tremendous understanding of CPG supply chain: the cheat codes, the hurdles, the pain points. Great empathy for early-stage brands and white-glove service at every turn.
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Fairmarkit
Tooling, packaging, shipping supplies, and fasteners have given us the best results. Sourcing for food vending was not very successful.
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Pros
Anvyl
  • PO Placing
  • Sharing updates to PO's
  • PO milestone tracking
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Fairmarkit
  • compares bids
  • ranks potential supplier for each RFQ
  • messaging inside the app is more effective than emails
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Cons
Anvyl
  • Third-party app integrations
  • Inventory management tracking
  • Easier editing functions
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Fairmarkit
  • making customs fields have required input by the buyer
  • a little more flexibility in the reporting, driven by the user
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Alternatives Considered
Anvyl
Anvyl was certainly better; functionality wise and appearance.
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Fairmarkit
Fairmarkit brought a better value to the table that other competitors.
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Return on Investment
Anvyl
  • You have to hope your supplier/vendor is as using of the platform as you in order for the ROI to hit.
  • Functionality was simplified which made for easy usage.
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Fairmarkit
  • Our 1X ROI was achieved in 4 months
  • After one year the savings exceeded our target
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ScreenShots

Fairmarkit Screenshots

Screenshot of Fairmarkit integrating directly into existing enterprise resource planning (ERP) and procure-to-pay (P2P) platforms to create a seamless buying experience. Choose requisitions to source through the platform seamlessly sends the RFx data to Fairmarkit.Screenshot of Fairmarkit's artificial intelligence recommended approved vendors that can provide the requested goods or services, that appears after importing or creating a requisition. Other non-registered vendors can be added from the Fairmarkit vendor ecosystem. After selecting vendors and submitting a request, Fairmarkit will handle soliciting and collecting bids.Screenshot of For RFP events, Fairmarkit can keep evaluation and scoring information in one place to make awarding decisions easier. Evaluators can evaluate and score all or select supplier responses. Supplier responses can be viewed side-by-side for fast comparison.Screenshot of Within 24 hours of sending a request, vendors can submit quotes which will be centralized in one place for processing. Machine learning algorithms will make recommendations based on the responses received. If the request has multiple items, the option can be awarded to one or more vendors, and that information will flow back into a connected ERP or P2P.Screenshot of Fairmarkit offers AI and automation in various ways to make sure that sourcing events is as easy as possible. Guided RFP creation will suggest sections and questions for RFP users to speed event creation.