2023
December 14, 2023
Buyers
What's new
Split award a line item
On request for proposal events, if a supplier does not have enough of an item you need, you can split award the line item to multiple suppliers. As part of this change, suppliers can now respond to adjusted quantities when they don't have enough of a requested item.
See: Review and award a request for proposal event
Adjust final RFP values
You can now manually adjust the final amount and final savings on request for proposal events. The new fields, Awarded amount manual, Highest proposal manual, lowest proposal manual, Projected savings manual, and Identified savings manual are available on the Awarding notes window.
See: Review and award a request for proposal event
Reverse auction start time
You can now start your reverse auction events 30 minutes after creating the event.
Text wrapping
For events with long item descriptions, questions, or responses, adjusted the text wrapping to make it easier to read and review.
Suppliers
What's new
Change Quantity
When responding to a request for a proposal or request for an information event, if you have less than the requested amount, you can now change the quantity of the line item and respond with the quantity you have available.
See: Change quantity
Text wrapping
For events with long item descriptions, questions, or responses, adjusted the text wrapping to make it easier to read and review.
November 30, 2023
Buyers
What's new
ServiceNow integration
Fairmarkit can be integrated with ServiceNow’s Procurement and Sourcing Operations module as of the ServiceNow Vancouver release. Integrated customers can natively create, launch, and evaluate RFQs from the ServiceNow environment without leaving the ServiceNow user experience.
Integrations
Benchmark prices: Benchmark price will be rounded to 8 decimal places.
S/4HANA update: Going forward, customers using the S/4HANA integration will have the ability (via feature flag) to update draft RFQs if they exist and import newly versioned requisitions with unsourced items from a long-running requisition in S/4HANA.
Peoplesoft update: Going forward, all Peoplesoft customers will be able to sync RFQ line-level categories.
November 18, 2023
Buyers
What's new
Added Japanese language and localization support
Fairmarkit now supports Japanese language and localization (number and currency format).
See: Languages and localization
Email language
When sending an email to a supplier, the language will default based on the Supplier's country code. The default language can be overridden based on a user-selected default or if the company sets a different default language.
RFP supplier recommendations improvements
For request for proposal events, instead of relying on the Industry field for supplier recommendations, we are now including event descriptions and headers in RFP supplier recommendations, which improves recommendation quality.
Supplier metadata on quotations
In the Fairmarkit API, you can now access the awarded_supplier_meta_tag on the Quotations endpoint.
Fairmarkit API enhancements
Internal part number: You can now add an Internal part number at the line item level when creating a request for quote event. Similarly, you can also pull the Internal part number when retrieving an RFQ event. Note that the Internal Part Number feature will need to be enabled for your organization.
Internal notes: You can now add internal notes to a request for quote event (event level). You can also pull a list of internal notes for an event.
See: Fairmarkit API
Suppliers
What's new
Added Japanese language and localization support
Fairmarkit now supports Japanese language and localization (number and currency format).
See: Languages and localization
Email language
Emails from Fairmarkit will now default based on your selected country code. You can override the default by choosing your user-level language or selecting a different company default language.
November 2, 2023
Buyers
What's new
Automatic supplier recommendations
Unless you have opted out with your Fairmarkit Customer Success Manager, supplier recommendations are now automatically present on any request for quote events that have come in via integration. Recommendations can still be edited and refreshed at any time before buyers open the event. If you would like to opt out of this functionality, please contact your Fairmarkit Customer Success Manager.
Details download
When a PDF is being generated for download, the Download option is now disabled.
Fairmarkit API - RFP events
With the Fairmarkit API, you can now create request for propoal (RFP) events using a template and query your RFP events.
Fixes
Corrected an issue where Observers could access the Close and Reopen actions for request for quote events.
PR-682
Corrected an issue where the loading icon would move on the Events list after some actions.
PR-893
Corrected an issue with selected columns on the Events list. If a column was deselected, it was not displayed at the bottom of the available column list.
PR-900
Corrected an issue where events were not appropriately filtered on the Events list.
PR-908
Corrected an issue where cloned events were grayed out on the Events list.
PR-913
October 19, 2023
Buyers
What's new
Save event data with reassign
When a supplier reassigns your event to another contact in their organization, the original Registration Status, External System, External System ID, and Tags are saved with the new record.
October 5, 2023
Buyers
What's new
This release includes various enhancements to improve your overall Fairmarkit experience.
Strategic sourcing
For the last six months, we’ve been improving how you approach strategic sourcing, providing a more efficient, engaging, and effective way to create, manage, and evaluate your request for proposal events.
Learn more: Strategic sourcing
September 21, 2023
Buyers
What's new
We've made the following upgrades to improve your overall Fairmarkit experience when managing your events.
New navigation: You can now easily create events, access your Events list, and more from the newly designed top menu.
Events list: With the new Events list, you can now access and manage all your events in one centralized list. Further, you can customize your view with a new filter design and configurable columns for more control. See: Create an event and Manage your Events list
Updated search and filters: With updated search and filters on the new Events list, you can more easily pinpoint the events you want to review. See: Manage your Events list
Updates to Administration: Moved Suppliers, Supplier groups, Templates, Price books, and Projects from the main menu to the Administration screen. See: Administration
Updated look: Updated the overall Fairmarkit look with updated branding, including fresh fonts and colors.
See: Fairmarkit Refresh
Share projects
You can now share your projects with other users, giving them view or edit access to the project.
Projects for Buyers
Buyer and Team Lead users can now create and access Projects. Projects are a collection of events that are part of the same initiative or project.
Template evaluation weights
When creating a template, you can now preset the evaluation weights for each section.
Optimizing supplier recommendations
With this improvement, we are more heavily leveraging the confidence score to determine which suppliers to include in the recommendations. Previously, this was configured to show a set number of supplier recommendations (which varied by Customer), but now you will only receive highly-rated recommendations, ensuring they are the most relevant suggestions.
Suppliers
What's new
Updated look
Updated the overall Fairmarkit look with updated branding, including fresh fonts and colors.
September 7, 2023
Buyers
What's new
AI Section suggestions
When creating a request for information (RFI) or a request for proposal (RFP), you can now enter a description of what you need and let AI generate a list of suggested sections to add to your event. Once generated, you can review the suggested sections and select which ones to include.
See Create an event
Evaluation-only sections
When setting up Evaluation criteria for your events, you can now define evaluation-only sections that will not be sent to the suppliers as part of the event. For example, you might want evaluators to score a supplier's response rate as part of your evaluation.
August 24, 2023
Buyers
What's new
Data load
As an Administrator, you can now upload supplier and purchase order data to Fairmarkit via CSV files. Using a Fairmarkit template, you can upload your data, and Fairmarkit will process the file, creating and updating valid data. Once complete, you can review the upload process. If there were errors during the process, you can roll back changes or download the error file, correct the errors, and then upload your corrected file.
See Data load
Fairmarkit templates powered by SIG
When creating a request for proposal or request for information event from a template, you can now select from a collection of templates that Fairmarkit partnered with SIG to create. You can find the new templates on the Templates list. Each template has a Fairmarkit provided label.
Available templates include:
Facilities Maintenance - MRO Products & Services
General Legal Services
IT Infrastructure Management Services
IT Services Staffing
Legal Services - Employment Law
Legal Services - Finance
Event enhancements
Share events: You can now share events from all statues.
Messaging for Observers & Collaborators: Users with the Observer and Collaborator user roles can now see messages related to their events.
Evaluation & scoring enhancements
Add Evaluators: You can now add Evaluators to an event during the evaluation period.
Evaluation reminder: If an Evaluator hasn't scored an event, a reminder email is sent 24 hours before the event closes.
Grainger integration account linking by location
If you're using the Grainger integration, you can now link your account number to a location, ensuring that you receive the correct pricing and availability for your account.
Interested in integrated quoting with Grainger? Contact your Fairmarkit Customer Success Manager.
Fixes
Request for quote responses with awarded line items will now be in Awarded status.
PR-256
August 10, 2023
Buyers
What's new
Projects
With Projects, you can now create a collection of events that are part of the same initiative or project. In each project, you can add request for quote (RFQ), request for proposal (RFP), request for information (RFI), and reverse actions events.
See Projects
RFP Sealed bids
When sending a request for proposal or request for information event, you can now select to seal any supplier responses (bids) until after the event closes.
Category levels
For line item categories on request for quote events, you can now define up to four levels of categorization.
Fairmarkit API
Added a new Business Units endpoint and enhancements to the RFQ and Supplier endpoints.
RFQ
Store additional information about events in meta_tags and events and line items in external_data.
Added shipping_type and carrier on the event level.
Set business_unit using UUID when creating an event.
Once an event is awarded, you can now set the purchase_order_id.
You can now download attachments from supplier responses.
Supplier
Store additional information about suppliers in meta_tags and external_data.
Business Unit
You can now list, create, retrieve, update, and delete business units with a new endpoint (/api/v3/business-units/).
Integrations
SAP Ariba draft update: We now offer a configuration to update draft events in Fairmarkit if requests have been updated in SAP Ariba.
Coupa authentication: Coupa has fully transitioned to using OAuth credentials, and the ability to use API tokens has been removed.
July 27, 2023
Buyers
What's new
Multi-round events
Added the ability to run multiple rounds for your request for proposal and request for information events. Once your event is closed, you can add a new next round, editing the available sections, questions, and invited suppliers. Changes between rounds are tracked in the event log.
See: Multi-round events (RFP & RFI)
Saved list filters
When you apply filters to the events list pages, your filters are now retained between sessions.
Integrations
Improvements
RFQ endpoint version: Updated to a newer RFQ endpoint version to improve performance.
ERP system can be blank: There will no longer be an error if an ERP system is not defined for an RFQ import.
Comments in SAP Ariba: To eliminate duplicate comments, comments will not be posted when pushback fails and is run again.
Suppliers
What's new
Multi-round events
Buyers can now submit their request for proposal or request for information events for multiple rounds. When receiving a multi-round event, the event is tagged, and the round number displays at the top of the response page. Any of your previous responses will be available, and you'll only need to respond to new sections and questions, which will be marked with a New tag.
Convert UOM in Excel Import
When using the Excel Import for request for proposal and request for information events, you can convert and use your own UOM on responses.
Fixes
July 13, 2023
Buyers
What's new
Evaluation and Scoring
With Evaluation and Scoring, you and your team of evaluators can now enter scores on your request for proposal (RFP) and request for information (RFI) events, allowing you to make informed awarding decisions and keep a historical record of your decisions.
For your event, you can:
Set an evaluation period.
Set an evaluation weight for each section, and skip unnecessary sections.
Invite evaluators to your event or a section of your event.
Each Evaluator can:
Set a section score (1 Poor, 2 Fair, 3 Average, 4 Good, or 5 Excellent).
Decline to score a section.
Optionally, add comments to each section score.
At the end of the evaluation period, you can review the consolidated scorecard, which ranks supplier responses by score and highlights the highest-ranking supplier response in each section.
Auto-generated supplier recommendations
If you generate Fairmarkit events via an integration, you can now choose to generate supplier recommendations when importing request for quote events into Fairmarkit automatically.
To turn on this feature, contact your Fairmarkit Customer Success Representative.
Integrations
Improvements
Improved integration performance.
Suppliers
Fixes
If a buyer company supplier is linked to a different supplier profile, all messaging conversations from the original profile are now transferred and available to view from the new profile.
June 29, 2023
Buyers
What's new
Unseal bids option
For request for quote events where the Sealed Bid option was selected, you will now have an option to Unseal Bids. Previously, sealed supplier responses were automatically unsealed when the event closed, but by providing this option, you can control when you're ready to view the responses and reopen the event if needed without unsealing the responses.
See: Sealed bids
Integrations
Improvements
Improvements to help stabilize the SAP Ariba integration.
Improved logging for stakeholders.
PDF integration enhancements.
Fixes
June 15, 2023
Buyers
What's new
Site UOM
Added "Site" as an available service UOM for request for proposal and request for information events.
Fixes
Integrations
Flat file PDFs
For request for quote events, added the ability to send a PDF file with the event response information and the awarded response to your purchasing application when using flat file integration.
SAP Ariba
Integration performance: Improved integration performance to optimize rate limiting on ORP API.
Auto-approve archived events: If a request for quote event was previously archived, it will be auto-approved in SAP Ariba.
Reducing Comments: If an update is skipped, it will now be tracked in the Business Logs and will not be sent as a comment in SAP Ariba.
Pushback comments: When a supplier response is awarded, the comment sent back to SAP Ariba at the line level will now include the previous and updated values for Supplier, Price, and Quantity.
SAP S/4HANA
Improved SAP S/4HANA integration performance via improved caching efficiency.
Peoplesoft
Added retry and backoff logic for 409 errors when pushing to Peoplesoft.
Additional integrations enhancements
Update package versions to enhance security.
Updated the UOM remappers.
Removed blank log statement.
Internal enhancements to supplier processing.
Added business logs.
Improved performance by changing how External Ids are searched and updated using the Get Buyer method.
Fixes
Corrected an issue where pushback would fail if a request for quote event was withdrawn and a withdraw note was not added.
Suppliers
Fixes
Corrected grammatical errors on the Email Preferences screen. SRP-3739
June 1, 2023
Buyers
What's new
Out of office
As a buyer, you can now mark yourself as out of the office, defining the period you will be out, and then delegate another user to manage your events while you're away.
See: Out of office
Withdraw request for proposal events
If you have an opened request for proposal or request for information event and need to make major changes, such as adding line items, changing quantities, etc., you can withdraw the event within 2 days of opening it. Withdrawn events are moved back to Draft status and can be edited like a new event. When you withdraw an event, any supplier responses are removed and the suppliers are notified that you've withdrawn the event. After you've edited the event, you will need to open the event again. Once you withdraw an event, it cannot be undone.
See: Withdraw an event
Request for proposal question categories
You can now add customer category and subcategory to your request for proposal events at the event or question level. For now, this is an optional configuration; contact [email protected] to enable this configuration. You can only enable this at the event or question level.
Additional Supplier.IO business classifications
The following Supplier.io business classifications can now be selected for suppliers:
Hubzone Small Business (HUB)
Airport Concessions Disadvantaged Business Enterprise (ACDBE)
Committee for Purchase from People Who Are Blind or Severely Disabled (ABILITYONE)
Minority Supplier Development China (MSDC)
National Veterans Business Development Council (NVBDC)
National Gay and Lesbian Chamber of Commerce (NGLCC)
US Small Business Administration (SBA)
National Minority Supplier Development Council (NMSDC)
Women Business Enterprise National Council (WBENC)
Disability India (IN)
Minority Supplier Development UK (MSDUK)
Fixes
The Comments section will now display for canceled events.
BEXP-2782
Integrations
SAP S/4HANA Improved Intake
Intake improvements for pulling requisitions will allow more visibility into the process for SAP S/4HANA integrations.
Integration performance
Improved integration performance via caching queries.
Fixes
Added an error code for when a purchasing organization is missing.
FUSEIMPL-564
By default, the buyer pipeline will only update partial buyer fields instead of the entire record.
FUSEIMPL-657
To eliminate authorization errors, reduced cache time.
FUSEIMPL-711
Suppliers
Fixes
When you select not to bid on a line item, the Additional quantities and More information options will no longer display.
SRP-347
If the same certification comes from different sources, it will display as a single label.
SRP-3570
Clarifications emails will now include the name of the buyer who posted the clarification.
SRP-3657
May 18, 2023
Buyers
What's new
Withdraw request for quote events
If you have an opened request for quote event and need to make major changes, such as adding line items, changing quantities, etc., you can withdraw the event within 2 days of opening it. Withdrawn events are moved back to Draft status and can be edited like a new event. When you withdraw an event, any supplier responses are removed and the suppliers are notified that you've withdrawn the event. After you've edited the event, you will need to open the event again. Once you withdraw an event, it cannot be undone
See: Withdraw an event
Reopen line items
For partially awarded request for quote events, you can now reopen line items that were not awarded and submit them to suppliers for responses.
See: Reopen line items
Supplier self-certification labels
You can now see a supplier's manually added certifications on your request for quote events.
Updated supplier info card
You can now view a supplier's supplier.io and manually added classifications when viewing their information on supplier recommendations.
Reverse auction duration
Previously reverse auction events had to be open for at least three hours. Now, reverse auction events only need to be open for 30 minutes.
Suppliers
What's new
Withdraw request for quote events
If buyers need to make major changes, such as adding line items, changing quantities, etc., they can now withdraw a request for quote event within 2 days of opening it. When they withdraw the event, you will receive a notification that the event is no longer open, and if you responded, your response is deleted.
Self-certification labels
Buyers can now see your manually added certifications on their request for quote events.
Updated supplier info card
Buyers can now view your supplier.io and manually added classifications when viewing your company information.
Fixes
You can now add a decimal value when the UOM is Percent.
SRP-651
On new events, Delivery days will not have a default value.
SRP-912
May 4, 2023
Buyers
What's new
Test request for quote events
You can now create test request for quote events. This allows you to run a simulated event without sending emails to suppliers or impacting usage reports.
For Analytics, request for quote events and responses will now include a flag to mark if it was a test event. The new “Test Event” filter has been set to “No” on all standard dashboards. When you flag an event as being “test”, it will not show on reports and dashboards as long as this filter is set.
See: Test events.
Design drop-down questions for templates
You can now create drop-down questions on your templates. With drop-down questions, you can control the responses, making it easier for you to analyze and for suppliers to respond to your events.
See: Drop-down questions.
Edit request for proposal events
You can now edit select fields when your request for proposal or request for information events are in Opened, Closed, or Awarded status. For more information, see Edit a request for proposal (RFP).
You can edit the following fields in each status:
Opened: Event title, Event description, Client company, Currency, Department, Project name, Event justification, Value of event, Projected savings, suppliers (add or invite), Benchmark, and Internal tags.
Closed: Value of event, Projected savings, Benchmark, and Internal tags.
Awarded: Benchmark
Added Portuguese language and localization support
Fairmarkit now supports Portuguese (Brazil) language and localization (number and currency format).
SSO login redirect
When you use SSO and click a link to access a page in Fairmarkit, authentication will redirect you to the original page.
Suppliers
What's new
Added Portuguese language and localization support
Fairmarkit now supports Portuguese (Brazil) language and localization (number and currency format).
Fixes
Supervisors and Admins can now update a buyer's role even when they have pending events
SRP-871
The Marketplace search correctly works when you've also filtered the list by multiple categories.
SRP-2744
Because most issues are better resolved via email, removed the Support phone number from the application and the notification emails you receive from Fairmarkit.
SRP-3472
April 20, 2023
Buyers
What's new
Design drop-down questions
You can now create drop-down questions on your request for proposal and information events. With drop-down questions, you can control the responses, making it easier for you to analyze and for suppliers to respond to your events.
See: Drop-down questions.
Edit request for quote events
You can now edit select fields when your request for quote events are in Opened, Closed, or Awarded status. For more information and a list of fields that can be edited, see Edit a request for quote.
You can edit the following fields in each status:
Opened: Title, RFQ ID, Client Company, Preferred Delivery Date, Requester / Reference, Payment process, Currency, Benchmark, Internal Tags, Urgency, supplier invitations (add), and Marketplaces (select, but not remove)
Closed: Title, RFQ ID, Client Company, Payment process, Benchmark, and Internal Tags
Awarded: Benchmark
Supplier certifications
You can now search for suppliers with matching business classifications across their supplier.io fields, the Fairmarkit business classification fields, or the supplier's onboarding. When searching or viewing a supplier recommendation, a label is added to each result to display the source for their business classification (e.g., supplier.io).
Supplier information
When viewing a supplier's information, you can now review the following information when defined: name, logo, company website, company description, and supplier tags. Additionally, you can see details on why the supplier was recommended; this includes match reason (Title, Category, or Manufacturer), your company's interactions with the supplier (number of times invited, response rate, and number of times awarded), and interaction data from other companies who chose to share their data.
Search by event ID
When you search for an event, you can now find the event by either the Fairmarkit ID or the External ID. This enhancement will make seeing the relationship between original and bundled events easier.
Update Value of event
When awarding a request for proposal event, you can now edit the Value of event field.
Email for rush events
When a supplier responds to an event where you selected Rush or Emergency, you will now receive an email notification. These emails are sent based on an optional email setting that you can select in Email Preferences.
Request for proposal details status updates
The request for proposal Details page will now automatically update once every minute to ensure you see the latest event status.
Fixes
You can now successfully save a draft request for quote event after updating your list of supplier recommendations.
Suppliers
Fixes
On the Request for proposal list - Awarded tab, the Submitted at value is now displayed properly.
SRP-3535
You can now add a Diversity certificate and change the type, and it will be saved correctly.
SRP-3543
Buyers will now see certificates with an expiration date on the current date.
SRP-3545
April 6, 2023
Buyers
What's new
Collaboration Tools for request for quote events
Collaboration tools are now available for Request for Quote (RFQ) events. You can now invite users within your organization to help you create and edit your events. You can assign collaborators view-only access or edit access to your events via the share button.
Manage collaborators
You can now add, remove, and manage your list of collaborators on your events.
See Manage collaborators.
Filter duplicate responses
Fairmarkit can now identify and filter out duplicate responses. If two or more suppliers with the same domain (xyzcompany.com) quote on the same request for quote event for the same amount, the second response received or the one not awarded will be marked as a duplicate. Duplicates can be filtered out of dashboards and reports or can be shown.
Line item categories
You can now define categories and subcategories at the line item level for your events. You can set line item categories from the Additional Information area on a line item. For now, this is an optional configuration; contact [email protected] to enable this configuration. When enabled, the event-level categories are not displayed.
Bundling Improvements
Archived events: Archived events will now be labeled, so you can identify the events that were archived when bundling.
Automatic title: When events are bundled, the first event name will be set as the bundled event name
Event log update: You can now view the event log for a bundled event to view the IDs of the individual events that were included in the bundle.
Fixes
Update the Marketplace labels
Suppliers
What's new
List sorting
From your Request for proposal list, if you sort a column, all empty columns will stay at the end of the list when sorted in ascending or descending order.
Declined - Submitted at value
All events included on the Declined status filter will now display a Submitted at value.
Fixes
The Past Quote window will now only include results with a matching Title, Manufacturer, and UOM.
March 23, 2023
Buyers
What's new
Template conditional questions
For event templates, you can now create conditional questions, allowing you to gather additional details for review. With conditional questions, you can ask suppliers to answer additional questions based on their answers to a question. For example, if you define a yes/no question, you can require suppliers to include a reason why when responding No.
For more information, see Conditional questions.
Import conditional questions
When importing questions from Excel, you can now create conditional questions to gather additional details for review.
Reassign pending events
When events are in Pending status, you can now reassign the event to another buyer with approval permissions.
Enhanced award experience
With the awarding message windows, you will now have a more straightforward and concise way to award your events.
Suppliers
Fixes
If you attempt to access an event without logging in, a window will now display information about registering.
SRP-2990
Long file names will now be truncated on the screen.
SRP-3312
If an admin is invited to a request for proposal with another supplier from the same company, they will no longer be able to see the other user's response values on their event screen.
SRP-3313
March 9, 2023
Buyers
What's new
Collaboration tools
Collaboration capabilities are now available for Request for Information (RFI) and Request for Proposal (RFP) events. You can now invite users within your organization to help you create and edit your events. You can manage their permissions by assigning view only access or edit access to users via the share button within your event.
See Manage collaborators.
Suppliers
Fixes
All suppliers will be able to access Messaging.
February 23, 2023
Buyers
What's new
Conditional questions
For request for information and request for proposal events, you can now create conditional questions, allowing you to gather additional details for review. With conditional questions, you can ask suppliers to answer additional questions based on their answers to a question. For example, if you define a yes/no question, you can require suppliers to include a reason why when responding No.
Excel export: On your Excel export file, you'll now see a Condition column, which will allow you to note how the condition is set, and a Condition Value column, which defines the value or date needed for the condition.
For more information, see Conditional question.
New UOM options
Added the following new units of measure.
Items/group line items: added Lot, Lump Sum, and Kiloliter.
Service/group service/service component line items: added Lump Sum.
Client Company Name dimension
For Analytics, added the Client Company Name dimension to the RFQ table in Requests for Quotation. This allows you to report based on specific clients.
Flat file integration: Import requests for proposals
With flat file integration, you can now import request for proposal events into Fairmarkit from your purchasing application.
For more information about importing your events, see Flat file integration.
Removed UNSPSC
Removed the UNSPSC field from line items on all event types.
Fixes
Observers can no longer change or assign Requesters on request for quote events.
BEXP-2009
Users will now see their selected default language and localization preferences when they log in.
BEXP-2286
Suppliers
What's new
Conditional questions
Buyers can now create conditional questions on request for information and proposal events. With conditional questions, they can ask you to answer additional questions based on your answers to a question. For example, if you answer no to a yes/no question, you could be required to include a reason why you responded No.
Excel export: On your Excel export file, you'll now see a Question Conditions column, which will explain when you need to answer a conditional question, and a Conditional Question column.
Fixes
When the bid currency is changed, the Total amount will now display with your chosen currency.
SRP-655
For historical bids, the Suggested Price button will no longer display if a historical bid was submitted under a different UOM.
SRP-1041
February 9, 2023
Buyers
What's new
Templates - optional questions
On your templates, you can now add optional questions for suppliers. This allows you to define questions that may not apply to all suppliers.
Reassign events
You can now give buyers the ability to reassign events. Reassignments are tracked in the event log.
Buyers: If you're part of a team, you can reassign your events to any team member, an organization supervisor, or an organization admin with this permission. If your organization doesn't use teams, you can reassign events to any buyer within your organization.
Team leads: As a team lead, you can now reassign events for members of their team. This permission will be granted when a you're assigned as a team lead.
To update the reassignment setting, see the Enable buyers RFQs reassigning and Enable buyers RFP reassigning options in Buyer preferences.
Restrict approval
Updated the approval permission to restrict users from approving their events. However, if there is only one buyer for the organization, the buyer can approve their events.
Increase Quantity decimal places
When adding a Quantity to a line item, you can now enter values with up to 2 decimal places (e.g., 1.25 acres).
Required event value
When creating a request for proposal or request for information, the Value of Event field is now required.
Fixes
When an opened request for proposal event is viewed, the list of invited suppliers is now included.
Suppliers
Fixes
Responses to request for proposal events can now be resubmitted after a line item has been converted.
January 26, 2023
Buyers
What's new
Optional questions
On your request for proposal events, you can now add optional questions for suppliers. This allows you to ask questions that may not apply to all suppliers.
With the addition of optional questions, removed the option to mark questions as No Bid. Suppliers will still be able to decline an entire event. If an optional question has a partial response, it will display as "No Response."
Event cover letters
For request for proposal events, you can now add a detailed description, which acts as a cover letter to your events. You can enter expanded, formatted text (up to 50,000 characters), allowing you to send an introduction that suppliers can read before responding to your event.
UOM change tracking
When a supplier changes a UOM on an event response, you can now track their change in Fairmarkit and when their responses are exported to Excel or PDF.
For request for quote and request for proposal events, made the following changes:
Details page: Added a tooltip with the formula used to convert the values.
Excel export: For each supplier response, you can now see the quoted Quantity and UOM value, and a comment highlights any changed values.
PDF export: Added information with the converted values.
Team lead approval
For events that require approval, team leads can now approve events for their team members.
Note: By default, all team leads will have approval rights for their team, but as needed, an Admin can remove the permission from individual users.
File name limit
When uploading a file, the file name can now be up to 255 characters.
Fixes
The confidence score is now correctly set for suppliers added to a request for quote event during automated sending.
BEXP-1664
You can now search by name for users created via SSO.
BEXP-1927
The 'nda_updated_at' and 'nda_updated_by’ fields are now updated when an company NDA is changed by the Buyer, Admin, or Superadmin.
BEXP-1939
For request for proposal Descriptions or NDAs, nested ordered lists will now have unique numbering from their parent list.
BEXP-2123
Suppliers
What's new
Event cover letters
Buyers can now send expanded, formatted cover letters for request for proposal events. With this, you can read an introduction to the event before you begin your response.
Optional questions
On your request for proposal events, Buyers can now send you optional questions. Previously, all questions were required to complete your response, allowing you to respond more quickly to the questions relevant to your response. If you only include a partial response to an optional question, it will display to buyers as "No Response."
Supplier log in with buyer company SSO
Suppliers belonging to a Buyer company that use SSO can now log in to Fairmarkit.
Fixes
When an item is imported from Excel with the $0.00 value, it is interpreted as a free bid line item.
SRP-886
The correct price is displayed on the confirmation window when the primary item is no bid, and an alternative item is free.
SRP-1111
On the proposal page, the Download All button is now working to download all attachments.
SRP-2475
The Valid for field will now default to "30 days."
SRP-3076
January 12, 2023
Buyers
What's new
New Team Lead Permission
Now, administrators can assign a Team Lead to a buyer team. A Team Lead has permission to edit events and manage templates created by members of their assigned team. Previously, only Administrators or Supervisors could perform these actions, so this additional role provides more flexibility to allow Team Leads to manage their teams without needing access to all events within the organization.
For more information, see User roles (buyers) and Teams.
Event-specific NDAs for templates
You can now add event-specific NDAs to your templates. When creating your template, you can select the company-defined NDA or add a custom NDA via upload or plain text.
For more information, see Non-disclosure agreements (NDAs).
Reorder template sections
When working on a template, you can now reorder and reorganize your question sections.
Actions menu reorder
To make the actions menu more efficient, the Create a Template option was moved with other similar options in the menu.
Send events to Marketplace by default
Now, as an Admin, you can select a Company preferences option to select the Marketplace checkbox by default when creating an event. Once selected, buyers can still deselect the Marketplace checkbox when creating an event.
For more information, see Edit company preferences and Marketplace.
Fixes
Long Internal Tag text will now be displayed within the tab borders.
BEXP-195
If you copy a SKU or download files for a closed event, the supplier response will no longer be selected for awarding.
BEXP-210
When a supplier declines to bid on an event, you will now be able to view all information that the supplier includes about why they are not bidding on the event.
SRP-2629
Suppliers
What's new
Profile reminder
As an Admin, if your supplier profile setup is not complete, you will now see a daily reminder that prompts you to complete the profile.
Fixes
The Search bar remove button is now consistent across Fairmarkit.
SRP-645
For request for proposal events, you can now submit a response when you select No Bid for service line item with an attachment UOM.
SRP-2864
For Reverse Auction events, you can now submit a quote when the language is not EN-US.
SRP-2867
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