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

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coupa
Score 7.8 out of 10
N/A
Coupa’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
Score 9.0 out of 10
N/A
Workday 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
Features
CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Coupa
-
Ratings
Workday Contract Lifecycle Management, powered by Evisort AI
5.7
1 Ratings
35% 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 Product A and Product B
Coupa
-
Ratings
Workday Contract Lifecycle Management, powered by Evisort AI
4.6
1 Ratings
55% 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 Product A and Product B
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
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CoupaWorkday Contract Lifecycle Management, powered by Evisort AI
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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
8.3
(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.
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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.
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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.
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Workday
  • Houses Contracts centrally
  • Info display is pretty straight forward
  • Terms Search function is solid
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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.
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Workday
  • Platform Implementation
  • AI intake of documents
  • How contracts are linked
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Likelihood to Renew
Coupa Software
I love using coupa but i'm not the decision maker in this regard.
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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.
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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
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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.
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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.
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In-Person Training
Coupa Software
The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
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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.
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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.
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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
Read full review
Workday
  • better Contract visibility
  • centralized ownership
  • contract alerts
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 redliningScreenshot of