Workday Strategic Sourcing Software
Trusted and proven sourcing software
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.
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Sourcing project intake
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Pipeline management
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RFx, reverse auctions and public bidding
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Contract management
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Supplier onboarding, performance and risk management
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Dynamic negotiations
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Reporting and savings tracking
The highest-rated strategic sourcing suite
Extend your Workday investment
Already benefiting from Workday Financial Management and Workday Procurement? Elevate your procurement strategy by seamlessly extending your Workday ecosystem to drive efficiency and take action on data-driven insights.
Close the sourcing loop
Realise impact right away
Get started fast on Workday Strategic Sourcing. Most customers launch their first sourcing event within 30 days and achieve 99% ROI in the first year.
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 down data.
Efficiently create and collaborate on contracts
Streamline contract management with a centralised repository, custom templates, e-signature integration, semantic search and automated workflows.
“Workday’s ease of use is first and foremost the thing that has enabled us to get more done with fewer resources than we even thought possible. With this tool I can teach anyone to source.”
Get more from your supplier management
Maximise the impact of every supplier relationship with seamless onboarding, collaboration and risk management. Proactively monitor suppliers and make confident decisions on performance, risk, sustainability and diversity metrics.
“With Workday Strategic Sourcing we gain efficiency, prioritisation, forecasting and better reporting. All while improving stakeholder and supplier engagement. Game changer.”
See what strategic sourcing looks like