Ramp vs. Workday Strategic Sourcing

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Ramp
Score 9.2 out of 10
N/A
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. With a direct integration with the user's accounting solutions, Ramp helps finance teams save time tracking expenses, following up with employees, and closing their books. Ramp offers companies real time visibility into spending, automated expense reporting, and advanced insights into ways to cut spend.
$0
Workday Strategic Sourcing
Score 6.5 out of 10
N/A
Workday Strategic Sourcing supports procurement by automating source-to-contract processes, from project intake to supplier management, and by surfacing contract obligations. It leverages Workday AI to provide insights and conversational tools that help teams identify savings opportunities and mitigate supplier risk.N/A
Pricing
RampWorkday Strategic Sourcing
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
RampWorkday Strategic Sourcing
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsRamp provides a free tier for smaller teams who want to simplify finances. A step-up to our free tier is Ramp Plus, starting at $15/month/user along with platform fees based on team size. Then, for large businesses, the Enterprise plan requires a custom quote.
More Pricing Information
Community Pulse
RampWorkday Strategic Sourcing
Best Alternatives
RampWorkday Strategic Sourcing
Small Businesses
Rippling
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Score 9.0 out of 10
Rippling
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Score 9.0 out of 10
Medium-sized Companies
Lola.com
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Score 8.0 out of 10
Lola.com
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Score 8.0 out of 10
Enterprises
SAP Concur
SAP Concur
Score 8.4 out of 10
SAP Concur
SAP Concur
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
RampWorkday Strategic Sourcing
Likelihood to Recommend
9.5
(31 ratings)
9.1
(2 ratings)
Usability
9.1
(7 ratings)
-
(0 ratings)
User Testimonials
RampWorkday Strategic Sourcing
Likelihood to Recommend
Ramp Business Corporation
Ramp is well suited for managing everyday spending. We have been able to set standard permissions across the board for our team, monitor spending easily, and adjust "allowances" accordingly and quickly. The instant funding once a request is approved makes it so much faster to make a purchase, if outside of the set parameters. Ramp travel offerings are sometimes unattractive, and we have found many flights, hotels, and car rentals by going to other platforms or the suppliers directly. Pricing is comparable, but many times it is cheaper to book outside of Ramp.
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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
Ramp Business Corporation
  • You can forward your receipts to receipts@ramp.com and it will auto-approve.
  • You can easily reverse charges if an employee accidentally places a charge on their work card.
  • You can send employees physical Ramp cards.
  • You can create as many virtual cards as needed.
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Workday
  • Contract Pipeline
  • Contract Management
  • Supplier Onboarding
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Cons
Ramp Business Corporation
  • Even more integration to have us spend less time on reporting expenses for grant reports
  • This does not happen often, but if you make a purchase and then cancel it with the vendor, for some reason, Ramp does not immediately recognize that purchase cancellation and will continue to remind you to submit a receipt or tag it as an accidental charge, but there is no option to tag it as a canceled purchase.
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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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Usability
Ramp Business Corporation
Ramp offers an exceptionally intuitive user interface with a clean, well-organized design. The platform demonstrates continuous improvement through regular feature enhancements and updates. New employee onboarding requires minimal training due to the platform's logical section-based layout and user-centric design, which facilitates rapid adoption and efficient navigation. Overall Ramp's interface and UI is very user friendly.
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Workday
No answers on this topic
Alternatives Considered
Ramp Business Corporation
We moved to Ramp from Expensify at our accountant's advice. We went with her advice due to ease of use, ease of Quickbooks sync, ability to send reminders with one click, and more. We are very happy with the decision to switch to Ramp.
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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
Ramp Business Corporation
  • The actual dollar savings is difficult to determine at this point. We'll have a better idea the ROI at the end of the year. Previously, we received 1% back on all purchases with our corporate card. We receive 1.5% with Ramp, pay per number of cards annually (for Ramp Plus) to auto-lock cards and for additional features.
  • Time savings for admin and employees has been significant due to ease of use.
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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

Ramp Screenshots

Screenshot of Screenshot of Screenshot of Slack integrationScreenshot of Vendor ManagementScreenshot of Automated savings insights

Workday Strategic Sourcing Screenshots

Screenshot of Workday Strategic Sourcing Contract Lifecycle ManagementScreenshot of Workday Strategic Sourcing Supplier Relationship ManagementScreenshot of Workday Strategic Sourcing Strategic Sourcing DashboardScreenshot of Spend Management