Varis vs. Fairmarkit

Varis (formerly BuyerQuest) is consumer-like procurement technology with a marketplace of trusted suppliers, driving hard cost-savings and employee productivity. Partners and customers can create curated marketplaces that include their existing contracts as well as pre-negotiated contracts across complementary categories that aren’t currently being managed. Users have a one-stop shopping experience with one search and one shopping cart to find everything they need. Varis also helps organizations digitize and automate processes to increase finance and procurement efficiency.

Fairmarkit elevates every sourcing scenario—from low-dollar tail spend to multi-stage strategic RFXs—with our new procurement-trained AI agents, Adaptive RFX, and dynamic analytics added to our platform built for lightning fast, scalable sourcing. Handle complexity effortlessly, scale without adding headcount, and turn fragmented RFx processes into repeatable, robust workflows that bring clarity and efficiency to sourcing. Fairmarkit’s built-in AI (not bolted on) transforms sourcing from a manual, fragmented process into a seamless, intelligent workflow.