Teampay vs. Workday Strategic Sourcing

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Teampay
Score 7.2 out of 10
N/A
Teampay (Team Labs, Inc) headquartered in New York provides their distributed spend management platform, designed to give users total control and visibility over spending, and employees purchasing power.N/A
Workday Strategic Sourcing
Score 7.8 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
TeampayWorkday Strategic Sourcing
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
TeampayWorkday 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
TeampayWorkday Strategic Sourcing
Top Pros

No answers on this topic

Top Cons

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Best Alternatives
TeampayWorkday 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
TeampayWorkday Strategic Sourcing
Likelihood to Recommend
7.0
(1 ratings)
9.1
(2 ratings)
User Testimonials
TeampayWorkday Strategic Sourcing
Likelihood to Recommend
Teampay (Team Labs, Inc)
Well suited for simple payroll needs. Not a great option for large companies looking for more detailed reports. We have always been able to get employees paid on time and easily.
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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
Teampay (Team Labs, Inc)
  • Simple to use
  • User friendly
  • Effective
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Workday
  • Contract Pipeline
  • Contract Management
  • Supplier Onboarding
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Cons
Teampay (Team Labs, Inc)
  • Generating Reports
  • Employee Profile Information
  • Password Reset Function to Reset for Employees
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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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Alternatives Considered
Teampay (Team Labs, Inc)
Teampay was simplified and great for smaller businesses. ADP Workforce Now has many add-on features, while Teampay feels more basic but effective.
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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
Teampay (Team Labs, Inc)
  • Teampay helps us effectively process payroll for our employees
  • S. and Canada ADP don't communicate, operated as a completely separate company
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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

Workday Strategic Sourcing Screenshots

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