Overview
What is Workday Strategic Sourcing?
Workday Strategic Sourcing, formerly Scout RFP, which was acquired by Workday in late 2019, is a collaborative, cloud-based solution that makes sourcing a strategic arm of the business by providing greater visibility throughout the entire sourcing and supplier engagement process.…
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What is Workday Strategic Sourcing?
Workday Strategic Sourcing helps users make their strategic sourcing simpler, smarter, and more streamlined. Its cloud-based platform – encompassing activities from project intake through sourcing pipeline to contract and supplier management to RFx and reverse auction tools– closes the loop on sourcing and, in the process, empowers collaboration, centralizes data, makes processes more transparent, ultimately to drive better business outcomes.
Workday Strategic Sourcing offers users insight into supplier performance and risk, and add procurement and financial management for compound value over time. Through collaborative solutions, actionable insights, and efficiencies within the full source-to-pay process, Workday helps users to help finance digitally transform operations.
Workday Strategic Sourcing Features
- Supported: Sourcing project intake
- Supported: Pipeline management
- Supported: RFx and reverse auctions
- Supported: Contract management
- Supported: Supplier onboarding and performance management
- Supported: Dynamic negotiations
- Supported: Reporting and savings tracking
Workday Strategic Sourcing Screenshots
Workday Strategic Sourcing Competitors
- Coupa
- SAP Ariba
- Oracle
Workday Strategic Sourcing Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | Apple iOS, Android |