Case Study: G42 reduces procurement cycle times with Fairmarkit

G42 cuts procurement cycle times by 75% with Fairmarkit

G42, a global leader in artificial intelligence, faced challenges with long procurement cycle times and a lack of strategic focus. The company partnered with Fairmarkit and its autonomous sourcing platform to introduce intelligent automation and improve requester-buyer communication.

By implementing Fairmarkit's solution, G42 achieved a 75% reduction in cycle times, dropping from 5-7 days to just 1-2 days. The platform automated workflows, including the ability to create a requisition from a mobile photo, which allowed the procurement team to shift its focus to higher-value strategic activities. Fairmarkit enabled this transformative result and a stronger partnership between the two AI companies.

G42