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 action on invoices that require immediate attention.

Control indirect spend.

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

  • Access all of your suppliers, contracts, and catalogs in one place.
  • Create and submit requisitions for goods and services.
  • Connect to any supplier website or network to access a broad community of suppliers.
  • Automatically source requisitions and issue purchase orders to suppliers.
  • Easily create receipts for goods or services on any device.
 

A supplier portal they’ll love.

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

  • Allow prospective suppliers to self-register through an external, company-branded website.
  • Enable suppliers to load catalogs, approve purchase orders, create invoices, and maintain their own data.
  • Manage the RFQ and award process for standardized goods and services.
 
 

See the big picture.

Manage cost, minimize out-of-policy spend, and support growth. Procurement software from Workday gives you full insight into goods and services spend.

  • Identify spending trends that have the greatest impact.
  • Analyze spend and take action from real-time reports and dashboards.
  • Configure spend policies and approval workflows for better control.
 
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