Workday Strategic Sourcing FAQ.
Absolutely. You can get Workday Strategic Sourcing whether you have another Workday application or not. Our software works with any ERP, P2P, or analytics application.
Workday Strategic Sourcing is designed to support any size organization. We have customers of all sizes from all industries around the world.
Workday acquired Scout RFP, a best-in-class strategic sourcing and supplier engagement offering, in December of 2019. The acquisition enabled Workday to transform procurement and deliver better business outcomes, including cost containment, greater risk reduction, and maximized engagement across key stakeholders.
Workday Strategic Sourcing is fast to deploy with rapid return on investment. While it depends on your needs, deployment typically averages three to four weeks.
Workday Strategic Sourcing was purpose-built to simplify the source-to-contract process. It can be deployed in a modular fashion, so you can begin at any point in the process, whether you want to start with e-sourcing or buy-side contracts, or prefer to implement all elements at once. When you’re ready, it’s easy to expand into the broader Workday procure-to-pay offering to streamline your entire source-to-pay business process.