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 and reverse auctions
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Contract management
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Supplier onboarding and performance management
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Dynamic negotiations
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Reporting and savings tracking
The highest-rated strategic sourcing suite.
Works with any finance or procurement system.
You can use Workday Strategic Sourcing with or without another Workday application. Our robust API allows our software to work with any ERP, P2P, or analytics application.
Close the sourcing loop.
Realize 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.
Create and collaborate on contracts.
Work on contracts together with templates, ability to comment directly in Microsoft Word®, and integrations for DocuSign and Adobe Acrobat Sign.
“Not only is Workday Strategic Sourcing intuitive enough for anyone at VMware to accomplish things independently, but its flexibility also 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.”
See what strategic sourcing looks like.