Procurement

An intuitive way to manage purchasing.

Workday Procurement is more than just a goods and services acquisition tool. It’s a comprehensive, indirect spend management application that provides complete visibility across the procure-to-pay process.

Procurement & spend management software hero

View supplier invoice status in real time, and resolve match exceptions directly.

Drill deeper into supplier spend to identify trends and areas for cost reduction.

Take direct action on invoices that require immediate attention.

Control indirect spend.

Use a single system to manage all aspects of indirect procurement, from requisition to payment.

  • Store and access all of your suppliers, contracts, and catalogues in one place.
  • Create and submit requisitions for goods and services with a consumer-like experience.
  • Connect to any supplier website or network to access a broad community of suppliers.
  • Configure spend policies and approval workflows for better control.

 

Share the love with your suppliers.

Extend the Workday experience to your suppliers through the supplier portal to drive collaboration and facilitate transactions.

  • Allow prospective suppliers to self-register through an external, company-branded website.
  • Enable suppliers to perform catalogue loads, approve purchase orders, create invoices, and maintain their own data.
  • Choose your preferred supplier using predefined requisition sourcing rules.
  • Manage the RFQ process for standardised goods and services and streamline the award process.

See the big picture.

Manage cost, minimise out-of-policy spend, and support growth with full insight into goods and services spend with procurement software from Workday.

  • Identify spending trends that have the greatest impact on your organisation.
  • Analyse spend and take action immediately from the Workday Procurement dashboard.
  • Use Workday Procurement with Workday Inventory to gain visibility into the entire materials management process.