TrustRadius

Fairmarkit vs. Tradogram

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Tradogram
Score 6.0 out of 10
N/A
Tradogram headquartered in Ottawa offers their cloud-based procurement software, designed to provide complete spend control, purchase order management, and more at an affordable rate.N/A
Pricing
FairmarkitTradogram
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FairmarkitTradogram
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
FairmarkitTradogram
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Best Alternatives
FairmarkitTradogram
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Esker
Esker
Score 9.8 out of 10
Esker
Esker
Score 9.8 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 6.9 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 6.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FairmarkitTradogram
Likelihood to Recommend
10.0
(1 ratings)
6.0
(1 ratings)
User Testimonials
FairmarkitTradogram
Likelihood to Recommend
Fairmarkit
Tooling, packaging, shipping supplies, and fasteners have given us the best results. Sourcing for food vending was not very successful.
GM
Greg Marshall
Dir. of Corp Sourcing
Read full review
Tradogram
If your business is focused on one specific product or small in scope, Tradogram should be able to suit your needs. If you require simplistic reporting without in depth project codes and details, it does provide basic functionality that is very well suited for small enterprise. Companies that do all of their purchasing with POs will find it to be useful. If you are able to operate without needing it to plug back into a comprehensive ERP system, it should be sufficient.
Verified User
Anonymous
Read full review
Pros
Fairmarkit
  • compares bids
  • ranks potential supplier for each RFQ
  • messaging inside the app is more effective than emails
GM
Greg Marshall
Dir. of Corp Sourcing
Read full review
Tradogram
  • User-friendly
  • Helpful and attentive staff
  • Dashboard
  • Easy import/export
  • Customizable workflow
  • Project coding capabilities
Verified User
Anonymous
Read full review
Cons
Fairmarkit
  • making customs fields have required input by the buyer
  • a little more flexibility in the reporting, driven by the user
GM
Greg Marshall
Dir. of Corp Sourcing
Read full review
Tradogram
  • Reporting is really rigid and not customizable (except at an additional fee)
  • The API is new and still requires significant work to connect back into our ERP
  • Non-PO invoicing is extremely basic and doesn't draw from existing features
  • Can take a lot of clicks to get through a task
Verified User
Anonymous
Read full review
Alternatives Considered
Fairmarkit
Fairmarkit brought a better value to the table that other competitors.
GM
Greg Marshall
Dir. of Corp Sourcing
Read full review
Tradogram
We evaluated Procurify as part of our initial scope conversations. Ultimately, we felt that the price point was outside of what we could support and went with the lesser cost of Tradogram instead.
Verified User
Anonymous
Read full review
Return on Investment
Fairmarkit
  • Our 1X ROI was achieved in 4 months
  • After one year the savings exceeded our target
GM
Greg Marshall
Dir. of Corp Sourcing
Read full review
Tradogram
  • The product was priced very well as we made the transition from a homegrown internal system.
  • The need to pay to customize the system to do what we need it to do has been cumbersome.
  • The API connection back to our ERP system has not been optimal and has required us to engage with outside parties to assure that it is working properly.
Verified User
Anonymous
Read full review
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.