Markit is an enterprise-grade procurement platform for IT hardware and accessories, positioned around βreducing price chasing and RFQs.β It consolidates real-time catalogs, pricing, and lead times from major global IT distributors, helping companies handle search, price comparison, ordering, approvals, order tracking, invoicing, and reporting analytics within one system. The site states that its service covers 45 countries and connects to real-time catalog feeds from 350+ distributors.
At the center of the platform is a multi-supplier IT product catalog covering more than 5 million unique IT products, with 1WorldSync technical descriptions, real-time pricing, delivery times, and search tools. On the procurement side, it supports quantity-based browsing, basket optimization, and transparent price comparison, making it suitable for reducing total procurement costs. For complex organizations, Markit supports managing multiple companies under one login, assigning user limits and permissions, and setting approved secure purchasing categories. For order management, it can track domestic or cross-border deliveries to multiple locations, search orders across multiple years by keyword, and export data to XML/Excel. On the finance side, it supports e-invoicing, common EDI standards, and can work with local operators to handle leasing or rental agreements.
Markit offers three pricing models. Default Market uses real-time market pricing plus a moderate margin, with shipping and other fees included; registered users can purchase on demand. Open Margin is aimed at large enterprises with frequent procurement needs, showing direct distributor prices and charging a fixed, transparent fee. Markit Monthly provides a distributor-price-based procurement experience for a single monthly fee. Exact pricing is not publicly disclosed. For integrations, the site explicitly mentions compatibility with e-procurement platforms such as Coupa, Ariba, Oracle EBS, SAP SRM, and Ivalua, and it also supports EDI.
Its strengths include a broad catalog, real-time pricing and lead times, transparent comparison across multiple suppliers, and support for the permissions, order, and reporting needs of large organizations. Its ability to combine centralized cross-border procurement with local delivery is also notable. The drawbacks are that specific fee rates are not disclosed, and there is limited information on free trials, security certifications, SLA, open APIs, and self-hosted deployment. Its product scope is also clearly defined: it primarily serves IT procurement rather than full-category enterprise procurement.
Markit is suitable for companies with steady procurement needs for IT equipment, consumables, servers, and accessories, especially multinationals, group procurement departments, and organizations already using procurement systems such as Coupa, Ariba, SAP, or Oracle. The source content does not make it possible to assess access from China, and payment methods for its Brazil site are not specified. For local China use cases, companies may also evaluate JD Business, ZKH, Deli Enterprise Procurement, or large procurement systems such as SAP Ariba, Coupa, and Ivalua.
β This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on markit-brasil.com official site.
markit-brasil.com is an Brazil SaaS Tools provider. TG4G tracks its product information, an overall rating of 7.0/10, and a China-accessibility score of Workable. Click "Visit Official Site" to reach markit-brasil.com directly.