Workday Procurement supports the acquisition of goods, services, and contingent labor – all from a single, comprehensive indirect spend management system. And with multi-dimensional reporting and analytics, you gain real-time visibility into spending trends across your organization.
Workday Procurement addresses the unique requirements of both goods and services procurement. From the requisition process all the way through payment, Workday Procurement extends Workday HCM and Financial Management by supporting and managing the information, policies, and processes relating to the acquisition of goods, services, and contingent labor. Workday's unified applications even provide a global, holistic perspective on the real cost of the workforce and corporate spend.
"We’ve seen a significant reduction in our total cost of ownership. We’ve seen a dramatic improvement in the real-time analytics that we get to run our business, and we now have a unified platform for the first time in company history."
"Workday provides the ability to manage your people in a single place and see that integration with how your company is performing financially. It is the only tool I know of that does that."
"Workday has helped us evolve from just reporting the numbers to being able to analyze the numbers and provide value back to the business."
"The accountability within the Workday system is phenomenal. We really enjoy having the audit trails to drill down into and see the detail all the way to the invoice level. It’s been an incredible asset for our financial analysts."