Fairmarkit Launches Total Agentic Sourcing, the First Platform to Put AI to Work Across All Enterprise Spend with Leading ERPs

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Total Agentic Sourcing is Powered by KIT, an Intelligent Agent Network Built for Every Sourcing Workflow BOSTON, April 29, 2026 --( BUSINESS WIRE )-- Fairmarkit today announced Total Agentic Sourcing , the first platform to deploy AI agents that can autonomously source both tail and strategic spend, from a tactical $500 purchase to a $500M contract, in the same environment. Powering it is KIT, an intelligent assistant backed by a network of agents built for every sourcing workflow. The platform natively integrates with SAP Ariba, SAP S/4HANA, Coupa, Oracle, ServiceNow, and others. In 2026, procurement is being asked to do more – more spend under management, more supply risk to navigate, more pressure to show AI ROI – with fewer resources to do it. AI has become the answer most procurement leaders are turning to, but only 12% have moved it beyond pilots . Fairmarkit customers are in that 12%, and the results they're reporting are chased by every enterprise department. "Enterprise AI is long on promises, short on proof," said Kevin Frechette, Co-founder and CEO of Fairmarkit. "Procurement is the exception. The CPOs who have deployed agentic sourcing at scale have the most credible AI story in the building — and now, the P&L to prove it." KIT adapts to each organization's categories, policies, and buying rules, then executes across the full sourcing workflow. For routine purchases, KIT runs the entire process without human intervention. For complex strategic events, it accelerates the work while category managers make the calls on risk, relationships, and trade-offs. Under the hood, KIT is backed by a network of specialized agents, each built to support distinct sourcing workflows: KIT has built-in memory, MCP support, and full observability. Native ERP and P2P integrations pick up requisitions, run the sourcing event, and write results back with no manual handoffs. The solution is already delivering tangible results across Fairmarkit’s partner ecosystem. "ServiceNow and Fairmarkit share the same conviction: enterprise AI has to act, not just advise. We built our platform to automate the workflows that move business forward; Fairmarkit built KIT to run sourcing events inside those workflows seamlessly. The results have been outstanding and speak to what’s possible with AI," said Kirsten Loegering, VP Product Management, Finance & Supply Chain Workflows at ServiceNow. To explain Total Agentic Sourcing, Fairmarkit has partnered with unexpected spokesperson Chris Voss, former FBI lead international kidnapping negotiator and bestselling author of Never Split the Difference . "When AI runs the manual work, high-stakes negotiation becomes the skill that defines procurement's value," said Voss, who will be speaking at the company’s annual flagship event, SOAR in September. Total Agentic Sourcing is currently available in private beta. Procurement and sourcing leaders can apply for early access and hear directly from Fairmarkit and The Hackett Group at a live webinar on May 7, 2026 at 10:00 a.m. ET. Register here . About Fairmarkit Fairmarkit helps enterprises source smarter and spend better. Its autonomous sourcing platform puts AI agents to work from demand to award, for every category of spend. The result: faster procurement and deeper savings across the entire business. With a 2.7M+ supplier marketplace and native integrations into leading ERP and P2P systems, Fairmarkit meets enterprises where they are. Companies like BP, Boeing, and Snowflake have cut sourcing cycle times up to 86% and eliminated tens of thousands of manual hours every year. Learn more at fairmarkit.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20260429737522/en/ Contacts Media Contact Lane Kearney Corporate Ink for Fairmarkit [email protected]

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