TBDWith the increase of AI technologies and, at the same time, a decrease in the cost of using those technologies, we are seeing a rise in startups and small businesses that can focus attention on solving specific business challenges.   

In this episode, Erin McFarlane, VP of Product Innovation at the Boston, MA startup Fairmarkit is doing just that with a new round of funding in 2022, bringing 'fairness to the market is possible.  Three (3) years ago, Erin took a risk to shift from working on the buy-side, most of her professional career, to the supply side and work with a very young start-up company.   

Erin, "Policies often state using procurement at a threshold of $X. P-card is reserved for smaller but more frequent spending. The middle ground is where Fairmarkit excels, supporting both direct & indirect spending."  

Additional topics covered: - What lured you away from industry to a start-up? - Fairmarket overview - What use cases is Fairmarkit solving for? - Does it really cost more for the organization to use diverse suppliers? - What and where are the AI technologies used? - Lessons Learned in working with Startups from Erin