Fairmarkit vs. SAP Cloud ERP

Tooling, packaging, shipping supplies, and fasteners have given us the best results. Sourcing for food vending was not very successful.

Incentivized

SAP Cloud ERP reduces dependency on multiple systems and ensures improved efficiency in enterprise resource planning. Real-time reporting capabilities and scalability of the product. Use of the software ensures compliance and allows smooth integration with other systems. The software allows customization to accommodate users' uniqueness and has very convenient customer support services. The only major challenge with the software is limited configuration.

Incentivized

• compares bids
• ranks potential supplier for each RFQ
• messaging inside the app is more effective than emails

Incentivized

• It helps you streamline financial operations and core HR functions, optimize inventory management & procurement process.
• It helps you reduce high upfront capital expenditure required for on-premise setup.
• Its intelligent automation helps you automate repetitive, routine tasks and use machine learning for predictive analysis.

Incentivized

• making customs fields have required input by the buyer
• a little more flexibility in the reporting, driven by the user

Incentivized

• The product is expensive compared to its competitors. Proper training is also a requirement before implementation, which is an additional cost.
• SAP S 4HANA Cloud lags due to a high volume of work and data.
• The user interface of the software is very complex and not easy to explore, especially for beginners.

Incentivized

The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more

The software is user-friendly and intuitive. It has extensive and reliable reporting and forecasting systems. Smooth integration of the software with other products and unlimited customization. SAP Cloud ERP software supports many languages and ensures high accuracy in billing and invoicing.

Incentivized

The support system I find great as whenever I run into problems they rectify them quickly as possible they never reacted late the support is just up to the mark for me. They provide many solutions to the problems I faced the [technical] team support is always amazing they [listen] to mean work accordingly.

More effective

Incentivized

SAP requires
a lot of internal and external resources to complete its successful
implementation. The cloud version requires a deeper understanding of the
different capabilities of the local systems (hardware) and the connection
towards your local IT team. We found several problems on our systems that we
couldn't foresee before the implementation and roll out.

Incentivized

Fairmarkit brought a better value to the table that other competitors.

Incentivized

The platform utilizes advanced predictive analytics to anticipate operational bottlenecks and put them out of commission before the problems become larger. We can proactively develop effective strategies that help keep service quality in the face of unexpected changes in the market, or external disruptions, by continuously analyzing historical performance data as well as elements of the current market

Incentivized

• Our 1X ROI was achieved in 4 months
• After one year the savings exceeded our target

Incentivized

• Surpasses many well reputed applications in terms of performance and data insight when you are into SAP products
• More reliable and secure as we are not going to create multiple copy of master data, one single shared master data and all will work like charm
• For authentication we can also use Microsoft MFA or Google single sign-on , so less complexity
• For customized business process, we can implement extension packages which are like templates

Incentivized