TrustRadius: an HG Insights company

Coupa vs. Workday Contract Lifecycle Management, powered by Evisort AI

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Coupa

    Score7.3 out of 10
    N/ACoupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.

    $549

    per year

    Workday Contract Lifecycle Management, powered by Evisort AI

    Score9 out of 10
    N/AWorkday Contract Lifecycle Management, powered by Evisort AI, streamlines end-to-end contract workflows. Its intelligent, AI-native contract repository can be up and running in days. It combines pre- trained and customizable AI with integrations and enterprise-grade governance.N/A
    Pricing
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Editions & Modules
    Premium Support
    $499+
    per year
    Verified
    $549
    per year
    Advanced
    $4800
    per year
    Registered
    Free
    No answers on this topic
    Offerings
    Pricing Offerings
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Free Trial
    NoNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Considered Both Products
    Coupa Software
    No answer on this topic
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    75%
    Would buy again
    6 Answers
    No answers on this topic
    Delivers good value for the price
    83%
    Delivers good value for the price
    5 Answers
    No answers on this topic
    Happy with the feature set
    75%
    Happy with the feature set
    6 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Contract Authoring
    Comparison of Contract Authoring features of Coupa and Workday Contract Lifecycle Management, powered by Evisort AI
    Feature
    Coupa
    -
    Ratings
    Workday Contract Lifecycle Management, powered by Evisort AI
    5.7
    1 Ratings
    36% below category average
    Contract creation00 Ratings5.01 Ratings
    Clause library/saved fields00 Ratings6.01 Ratings
    Guided logic00 Ratings6.01 Ratings
    Contract Collaboration
    Comparison of Contract Collaboration features of Coupa and Workday Contract Lifecycle Management, powered by Evisort AI
    Feature
    Coupa
    -
    Ratings
    Workday Contract Lifecycle Management, powered by Evisort AI
    4.6
    1 Ratings
    56% below category average
    Contract sharing00 Ratings5.01 Ratings
    Contract editing00 Ratings3.01 Ratings
    Collaborating on contracts00 Ratings5.01 Ratings
    Approval process00 Ratings5.01 Ratings
    Interdepartmental workflows00 Ratings5.01 Ratings
    Contract Monitoring
    Comparison of Contract Monitoring features of Coupa and Workday Contract Lifecycle Management, powered by Evisort AI
    Feature
    Coupa
    -
    Ratings
    Workday Contract Lifecycle Management, powered by Evisort AI
    6.1
    1 Ratings
    30% below category average
    Contract database00 Ratings7.01 Ratings
    Contract search00 Ratings7.01 Ratings
    Contract milestone reminders & alerts00 Ratings6.01 Ratings
    Custom contract reports00 Ratings5.01 Ratings
    Tracking contract status00 Ratings6.01 Ratings
    Compliance check00 Ratings6.01 Ratings
    Best Alternatives
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Small Businesses
    No answers on this topic
    DocuSign CLM
    Score8.2 out of 10
    Medium-sized Companies
    Precoro
    Score9.5 out of 10
    Conga CLM
    Score8.8 out of 10
    Enterprises
    GEP Quantum Intelligence
    Score9.1 out of 10
    Conga CLM
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Likelihood to Recommend
    9.0
    (27 ratings)
    5.0
    (1 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    7.8
    (2 ratings)
    6.0
    (1 ratings)
    Support Rating
    6.5
    (2 ratings)
    5.0
    (1 ratings)
    In-Person Training
    3.0
    (1 ratings)
    -
    (0 ratings)
    Configurability
    5.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
    Likelihood to Recommend
    Coupa Software
    Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
    Incentivized
    Read full review
    Workday
    Evisort is best when you already have all your contracts fully cleaned, designated, ordered, managed, linked, collated, titled and termed. It is not good if you expect the platform to help you go through a repository of contracts that you want the system to extract all the info you need and then you can decide easily what to keep and not etc - the sales team will tell you that the platform can do all of this. In my opinion, this isn't true.
    Incentivized
    Read full review
    Pros
    Coupa Software
    • Coupa is easy to use, however, we had to teach our end users about procurement. They are not used to conducting an RFP, onboarding a supplier, or preparing a PO. This is the change management that our employees had to be prepared to understand. The Shelby Group helped us with the implementation.
    • The hardest part was the integration between NetSuite and Coupa. We wanted to have a dynamic tight integration between the two solutions. If we adjusted the chart of accounts or added a new supplier we wanted it to be able to done in both systems and be available immediately in both systems. We used a partner called SuiteSkies to accomplish this dynamic integration.
    • We’ve been able to manage the implementation and maintenance with a very lean IT group.
    Incentivized
    Read full review
    Workday
    • Houses Contracts centrally
    • Info display is pretty straight forward
    • Terms Search function is solid
    Incentivized
    Read full review
    Cons
    Coupa Software
    • Support Team - A little slow in responding. I think the tool is so configurable that they struggle with figuring out what is causing certain issues that are being submitted on the portal.
    • I'd love for the Sourcing Module to be able to support larger events. There seems to be a limit on the number of lines each event can support and as a growing retailer, our store count dictates we have room to grow and that each store is represented in the bid process.
    • Would like to see the ability to issue multiple POs for a single item to multiple locations. The tool may do this but I know I can't and it may be due to how we interface with our ERP.
    Incentivized
    Read full review
    Workday
    • Platform Implementation
    • AI intake of documents
    • How contracts are linked
    Incentivized
    Read full review
    Likelihood to Renew
    Coupa Software
    I love using coupa but i'm not the decision maker in this regard.
    Incentivized
    Read full review
    Workday
    No answers on this topic
    Usability
    Coupa Software
    -Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
    Incentivized
    Read full review
    Workday
    It is clunkier than needs to be but it's not as bad as some of the other platforms we reviewed. The interface is pretty spartan, almost like reading a page and some color and segregation could help users segregate the UI by function and task. This is pretty straight forward but doubt they would implement
    Incentivized
    Read full review
    Support Rating
    Coupa Software
    -Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
    Incentivized
    Read full review
    Workday
    For all of the reasons listed above, essentially, once the platform is implemented it has its value, however, knowing what you get before implementation, might give ppl pause. The cost is a bit misleading and the sales team over promises and under delivers in my opinion. This is not cool and creates issues inevitably, down the line.
    Incentivized
    Read full review
    In-Person Training
    Coupa Software
    The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
    Incentivized
    Read full review
    Workday
    No answers on this topic
    Alternatives Considered
    Coupa Software
    Concur was a lot easier and more user friendly for employees doing expense reports on their phone. That is not the case with Coupa. You must use your laptop to do expenses and our managers don't always have enough time to do that while out in the field working. This has caused some issues.
    Incentivized
    Read full review
    Workday
    Evisort is just getting in the game. Implementation is not as robust as Coupa and Adobe is more of a contract execution platform so it is not apples to apples to compare there. Essentially, Evisort is a a somewhat cheaper solution that is not a complete solution and needs more of an upfront lift than they would suggest.
    Incentivized
    Read full review
    Return on Investment
    Coupa Software
    • It has allowed for proper processing of expenses tied directly to the proper LOB and GL Codes
    • Has taken the guesswork away and allowed for the proper budgets to be hit and reconciled
    • Ease of use has led to mass adoption and more prompt processing of expenses
    Incentivized
    Read full review
    Workday
    • better Contract visibility
    • centralized ownership
    • contract alerts
    Incentivized
    Read full review
    ScreenShots

    Coupa Screenshots

    Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.

    Workday Contract Lifecycle Management, powered by Evisort AI Screenshots

    Screenshot of the Ask AI featureScreenshot of automated redliningProduct screenshot