Birchstreet eProcurement vs. Workday Strategic Sourcing

It is well suited for large companies with an A/P department for processing electronic and check payments for invoices. I would struggle to find it of much value if the hotel property was cutting the checks itself.

Incentivized

Scout RP is wonderful to help keep an RFP very organized. It is excellent to have a single version, so that all team members helping compile an RFP response have a single place to know that they are on the current version. If a company doesn't want to respond within Scout RFP, it's my understanding that the RFP information can be exported from Scout RFP, compiled in a different tool (like XLS), and then pulled back into Scout RFP for submission. From a collaboration standpoint, there's not an easy way to "assign" questions or items. Sometimes at my company, we need different experts to answer different questions. We have to use another tool, like email or Slack, to let that person know he/she needs to answer. However, in other tools, a certain block can be assigned to the person internally within the tool.

Incentivized

• It has a purchase order system for supported vendors.
• It allows for quick entry of invoices to submit for payment.
• It has the ability to manage capital purchases.

Incentivized

• Contract Pipeline
• Contract Management
• Supplier Onboarding

Incentivized

• It will periodically be unavailable due to technical difficulties.
• Sometimes invoices will appear twice in the system even though it's supposed to detect and delete duplicates.

Incentivized

• No way to flag where I need an internal colleague to review or add to an answer
• No way to assign items to an internal team member for that person to answer a question
• No status bar of the remaining items not yet answered

Incentivized

Have no experience with competitors.

Incentivized

I have only used RFPIO to facilitate searching for RFP answers. I have used Scout RFP only to respond to customer RFPs. I assume they have functional overlap, but my interactions with each have not included this functional overlap. For each tool's respective use, I have found them very simple, intuitive, and helpful.

Incentivized

• It has produced significant time savings allowing properties to forgo the position of property accountant/controller.
• It has streamlined the reporting of expenses on the profit and loss statements.

Incentivized

• Contract Management has saved a ton of time and energy
• Reporting has been helpful
• Spend management has improved over time

Incentivized