PLANERGY vs. Workday Strategic Sourcing

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
PLANERGY
Score 9.0 out of 10
N/A
PLANERGY s a SaaS-based spend management system that gives businesses more control over their financial operations. PLANERGY automates the entire Procure-to-Pay and AP Automation process giving real-time reporting dashboards, approval automation, to remove bottlenecks, control budget management and match Purchase Orders, with Receiving, with AP Automation. PLANERGY: •10+ years of Procurement and AP Automation…N/A
Workday Strategic Sourcing
Score 7.9 out of 10
N/A
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. The solution boasts 300,000 users in more than 155 countries have who manage their spend with the application.N/A
Pricing
PLANERGYWorkday Strategic Sourcing
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PLANERGYWorkday Strategic Sourcing
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
PLANERGYWorkday Strategic Sourcing
Top Pros

No answers on this topic

Top Cons

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Best Alternatives
PLANERGYWorkday Strategic Sourcing
Small Businesses
BILL Spend & Expense
BILL Spend & Expense
Score 8.9 out of 10
BILL Spend & Expense
BILL Spend & Expense
Score 8.9 out of 10
Medium-sized Companies
Lola.com
Lola.com
Score 8.0 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
GEP SMART
GEP SMART
Score 8.5 out of 10
GEP SMART
GEP SMART
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PLANERGYWorkday Strategic Sourcing
Likelihood to Recommend
9.0
(1 ratings)
9.1
(2 ratings)
User Testimonials
PLANERGYWorkday Strategic Sourcing
Likelihood to Recommend
Planergy
Planergy is a great tool for those who make purchasing decisions and need to actually purchase parts, supplies, tools, etc from vendors. I typically use it daily, and sometimes multiple times per day. I find that I sometimes have to bypass it if I need to make an immediate purchase and do not have the time to wait for P.O. approvals, but that is not the fault of this software.
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Workday
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.
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Pros
Planergy
No answers on this topic
Workday
  • Contract Pipeline
  • Contract Management
  • Supplier Onboarding
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Cons
Planergy
No answers on this topic
Workday
  • 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
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Alternatives Considered
Planergy
No answers on this topic
Workday
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.
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Return on Investment
Planergy
No answers on this topic
Workday
  • Contract Management has saved a ton of time and energy
  • Reporting has been helpful
  • Spend management has improved over time
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ScreenShots

PLANERGY Screenshots

Screenshot of You can use all of our features from anywhere on any device with an internet connection.Screenshot of PLANERGY offers an intuitive dashboard that makes ordering a snap.Screenshot of With PLANERGY your accounts payable team has visibility of the entire procurement process to see if the vendor invoice matches a corresponding PO.Screenshot of PLANERGY offers advanced, automatically generated, fully filterable financial reporting that provide you an accurate picture of the finances in the organization.

Workday Strategic Sourcing Screenshots

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