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Fairmarkit Recognized in Three Gartner® Reports Covering Agentic AI and AI’s Impact on Procurement

via Business Wire

Reports include “How AI‑Enabled Machine Buyers Will Transform Procurement,” “Source-to-Pay Agentic AI Use Cases,” and “Innovation Spectrum: Agentic AI Leadership Requires Adaptive, Explainable & Collaborative Capabilities.”

Fairmarkit, the AI‑powered autonomous sourcing and procurement platform, announced today that it has been included in three recent Gartner® research notes: “How AI‑Enabled Machine Buyers Will Transform Procurement,” “Source-to-Pay Agentic AI Use Cases,” and “Innovation Spectrum: Agentic AI Leadership Requires Adaptive, Explainable & Collaborative Capabilities.”

These reports explore the emerging role of AI agents in procurement, as well as the essential differentiators AI companies need in the agentic age.

“Over the past year we’ve seen some of the world’s largest companies transform procurement by equipping their teams with AI agents that streamline strategic and tactical sourcing,” said Victor Kushch, Co‑Founder and Chief Technology Officer at Fairmarkit. “We’re seeing game‑changing results: faster cycle times, improved supplier diversity and measurable savings. It’s about reimagining procurement as an orchestrated system of people and AI working together.”

Fairmarkit’s autonomous sourcing platform is built for “adaptive RFx,” or bringing together RFP, RFQ and RFI under one common workflow through AI agents and a multi-model AI network that adapts to individual customer use cases. Team members collaborate with AI agents to drive smarter decision‑making, analyze supplier data, automate workflows and manage sourcing events of all types. By proactively interpreting data and driving actions, agentic AI shifts procurement away from purely reactive tasks toward a more strategic, future‑facing function.

“Fairmarkit’s roadmap is centered on a world‑class set of dynamic AI agents that handle both strategic and tactical spend,” added Shane Hetrick, Fairmarkit’s Vice president of Product. “Our platform uses purpose‑built agents that manage the entire sourcing lifecycle, from demand to award. Some customers have run more than 150,000 events with zero human touch in the past year alone. Our human-in-the-loop modules give people control where they do want it. It’s completely shifting how procurement teams operate.”

As more enterprise procurement teams shift from AI experimentation to full implementation, Fairmarkit continues to work hand-in-hand with the world’s largest companies on agentic development and change management. To learn more, visit https://www.fairmarkit.com/.

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Fairmarkit

Fairmarkit is the autonomous sourcing solution enterprise procurement teams love, enabling the world’s largest companies to manage strategic and tactical spend with unprecedented efficiency, from demand to award. Fairmarkit’s AI-native platform supercharges every user with an agentic workforce to source with record efficiency and apply expert-level strategy at scale. Combining RFP, RFQ and RFI into one adaptive sourcing workstream, along with consumer-grade user experience, best-in-class integrations and signature Gold Glove Service, Fairmarkit has redefined sourcing for Amazon, BP, Goodyear, Nestle and other global powerhouses. For more information on how to take on more spend under management, enhance compliance, strengthen supplier relationships and achieve record savings, visit Fairmarkit.com.

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