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Overview Workday Strategic Sourcing

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STRATEGIC SOURCING

Sourcing that delivers limitless impact.



Request 1:1 Demo Read Datasheet




WHAT YOU CAN DO


SOURCE FASTER TO ACHIEVE BETTER BUSINESS OUTCOMES.

Workday Strategic Sourcing streamlines the source-to-contract process. With
unprecedented levels of collaboration and visibility, sourcing has never been
easier.



Why We’re Different
KEY CAPABILITIES
 * Sourcing project intake
   
 * Pipeline management
   
 * RFx and reverse auctions
   
 * Contract management
   
 * Supplier onboarding and performance management
   
 * Dynamic negotiations
   
 * Reporting and savings tracking
   

The highest-rated strategic sourcing suite.



Learn More


WORKS WITH ANY FINANCE OR PROCUREMENT SYSTEM.

You can get Workday Strategic Sourcing whether you have another Workday
application or not. Our robust API allows our software to work with any ERP,
P2P, or analytics application.




CLOSE THE SOURCING LOOP.





Realize impact right away.

Workday Strategic Sourcing is easy to use and quick to deploy. In fact, most
customers launch their first sourcing event within 30 days of sign-up and
achieve 99% ROI within their first year of deployment.





Become a strategic partner.

Engage stakeholders and suppliers to drive collaboration and deliver
results. Workday connects the enterprise to sourcing in a single platform.





Streamline purchasing processes.

Offer end users a clear starting point for every purchase and ensure compliance
with a simple and clear path that can be easily followed every time.





Negotiate better deals.

Lead pricing conversations with real-time data and analysis. No toggling between
spreadsheets. No chasing data down.





Collaborate on contracts.

Create and revise contracts across multiple stakeholders without worrying about
version control or visibility. Our Microsoft Office 365® integration lets you
comment and collaborate directly in Microsoft Word®.




See Industry Use Cases

“Not only is Workday Strategic Sourcing intuitive enough for anyone at VMware to
accomplish things independently, its flexibility gives my team the power to
drive real change.”






GET A CLEAR VIEW OF YOUR SUPPLIERS.

Seamlessly onboard and sync supplier records with Workday to ensure data
accuracy. Then keep track of supplier performance and history over time, gaining
insight into their activity, risk level, and contracted spend.



“With Workday Strategic Sourcing we gain efficiency, prioritization,
forecasting, and better reporting. All while improving stakeholder and supplier
engagement. Game changer.”






RESOURCES

Spend management resources just for you.



See All Resources
Quick Demo Workday Strategic Sourcing View Demo (3:14)
Whitepaper Leading Digital Acceleration for Enterprise Spend Read Whitepaper
Whitepaper Sourcing as a Force for Good Read Whitepaper
Customer Case Study Shaving Millions Off Hospital Supply Costs Read Case Study

--------------------------------------------------------------------------------


SEE WHAT STRATEGIC SOURCING LOOKS LIKE.



Request a Demo



READY TO TALK?
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 * Why Workday
   * * Why We're Different
     * Our Technology
     * Security and Trust
 * Products
   * * Workday Financial Management
     * Workday Human Capital Management
     * Workday Adaptive Planning
     * Spend Management
     * Talent Management
   * * Payroll and Workforce Management
     * Analytics and Reporting
     * Student
     * Professional Services Automation
     * Platform and Product Extensions
     * Workday Peakon Employee Voice
 * Customer Experience
   * * Overview
     * Customer Stories
     * Deployment
     * Education and Training
     * Community
     * Support
 * Resources
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     * Human Resource Management
     * Planning
     * Payroll
     * Analytics
     * Suite
     * Technology
     * Workday Peakon Employee Voice
 * Company
   * * Our Story and Leadership
     * Our Values
     * Belonging and Diversity
     * Corporate Responsibility
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     * Events and Webinars
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     * Blog
     * Contact Us

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