Workday VNDLY for Procurement

Procure the right contingent workers, at the right price.

Streamline sourcing processes, control costs, increase vendor governance, and manage individual contract hires as well as project-based work with the Workday VNDLY vendor management system (VMS).

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What You Can Do

Plan smarter. Stay on track—and on budget.

The way you manage vendors and contractors matters—especially with contingent labor spend on the rise. Our intuitive VMS helps streamline and optimize the planning, management, and analysis of your contingent labor and statement of work (SOW) needs.

KEY CAPABILITIES
  • Global digital invoicing
  • Rate card management
  • Statement of work (SOW) and contractor management

  • Job requisition creation
  • Vendor performance management
  • Time and expense tracking
  • Program and spend dashboards
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Take control of your contingent labor program.

To procure services faster—and within budget—you need to be able to define processes, follow progress, and assess total spend. Workday VNDLY does it all.

Enhance program governance.

Introduce process standardization, manage approval workflows, strengthen compliance, and put controls in place to optimize spend and improve security.

Gain cost visibility and optimize spend.

Remove the guesswork with oversight of invoicing and project billing status. Access spend dashboards and put your focus where needed by filtering options by location, vendor, or organizational unit.

Improve vendor relationships.

Enhance the vendor experience with access to a portal that offers visibility into open roles, status updates on candidate progress, and the ability to act fast.

Manage spend in line with budgets.

Remain in budget via robust rate card management that allows you to set rate thresholds. Have confidence that only approved spend is converted to invoice line items.

Gain oversight of sourcing effectiveness.

Ensure your vendors are meeting business needs with vendor scorecards and dashboards that provide insights into candidate quality, vendor responsiveness, and any policy violations.

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Source to pay with seamless integration.

Pair Workday VNDLY with Workday Strategic Sourcing to streamline Statement of Work (SOW) sourcing. Integrate with Workday Procurement or any procurement system so budgets stay in sync and reconciled across purchase orders, invoices, and receipts.

See how we help you succeed.

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