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Workday, Inc.

Workday Strategic Sourcing

7.2 /10

20 Reviews Write a Review

What is Workday Strategic Sourcing?

Workday Strategic Sourcing (includes Scout RFP) streamlines the source-to-contract process. With unprecedented levels of collaboration and visibility, sourcing has never been easier.

Company Details

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Awards & Recognition

Workday Strategic Sourcing won the following awards in the Strategic Sourcing category

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6 Top Rated Capabilities

3 Top Rated Features

2023

2022 Data Quadrant Gold Medalist

2022

6 Top Rated Capabilities

6 Top Rated Features

2022

Workday Strategic Sourcing Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Workday Strategic Sourcing.

82 Likeliness to Recommend

2
Since last award

96 Plan to Renew

1
Since last award

76 Satisfaction of Cost Relative to Value

1
Since last award

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Emotional Footprint Overview

+80 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Workday Strategic Sourcing?

6% Negative

5% Neutral

89% Positive

Pros

Security Protects
Helps Innovate
Trustworthy
Efficient Service

Feature Ratings

Average 78

Procurement Management

Communications

Catalog Management

Community Support

Supplier Management

Workflow Management

ERFx

Spend Analysis

Auction Management

Capacity Management

Contract Management

Vendor Capability Ratings

Average 80

Ease of Implementation

Breadth of Features

Vendor Support

Usability and Intuitiveness

Quality of Features

Business Value Created

Product Strategy and Rate of Improvement

Availability and Quality of Training

Ease of IT Administration

Ease of Data Integration

Ease of Customization

Workday Strategic Sourcing Reviews

Tyler K.

Role: Operations
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

Fantastic product!

Likeliness to Recommend

10 /10

What differentiates Workday Strategic Sourcing from other similar products?

The feature set and ease of use

What is your favorite aspect of this product?

The pipeline dashboard

What do you dislike most about this product?

May not lend itself to small projects

What recommendations would you give to someone considering this product?

Buy it, it will save your team tons of time and organize your data.

Pros

Trustworthy
Respectful
Fair
Helps Innovate

Role: Industry Specific Role
Industry: Energy
Involvement: Vendor Management and Renewal

Validated Review

Anonymous Reviewer

Submitted Jul 2022

Leaders in market but over adoption is dangerous

Likeliness to Recommend

3 /10

Pros

Unique Features
Security Protects

Cons

Less Reliable
Less Fair
Charges for Enhancements

Role: Finance
Industry: Insurance
Involvement: Business Leader or Manager

Validated Review

Anonymous Reviewer

Submitted Jan 2022

Easy implementation and very intuitive product.

Likeliness to Recommend

9 /10

Pros

Reliable
Trustworthy
Fair
Acts with Integrity

Latest Research

Workday Strategic Sourcing

What is Workday Strategic Sourcing?

Company Details

Need Assistance?

Awards & Recognition

2022 Data Quadrant Gold Medalist

Workday Strategic Sourcing Ratings

82 Likeliness to Recommend

2 Since last award

96 Plan to Renew

1 Since last award

76 Satisfaction of Cost Relative to Value

1 Since last award

Emotional Footprint Overview

+80 Net Emotional Footprint

How much do users love Workday Strategic Sourcing?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Procurement Management Includes purchasing and procurement management, as well as supplier management and optimization.

Communications Includes communication portals or secure messaging or automated alerts.

Catalog Management Includes customizable shipping and payment options, product pricing, advanced catalog search, and navigation.

Community Support Highly personal support service to both buyer and supplier communities, ensuring proposal uptake and supplier help.

Supplier Management Supplier collaboration, including Quarterly Business Review Meetings, Scorecards, KPI and SLAs.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

ERFx Evaluation and scoring of supplier responses.

Spend Analysis Includes data visibility and quality, supplier ranking, and compliance and reporting.

Auction Management Includes bid management, bidder management and buyer notifications.

Capacity Management Monitor system utilization and provide alerts when pre-defined thresholds are reached.

Contract Management Includes automated contract renewal, approval process, compliance management, and contract database.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Workday Strategic Sourcing Reviews

Tyler K.

Fantastic product!

Likeliness to Recommend

Pros

Leaders in market but over adoption is dangerous

Likeliness to Recommend

Pros

Cons

Easy implementation and very intuitive product.

Likeliness to Recommend

Pros

Most Popular Workday Strategic Sourcing Comparisons

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Title

2
Since last award

1
Since last award

1
Since last award

Feature Ratings

Procurement Management

Communications

Catalog Management

Community Support

Supplier Management

Workflow Management

ERFx

Spend Analysis

Auction Management

Capacity Management

Contract Management

Vendor Capability Ratings

Ease of Implementation

Breadth of Features

Vendor Support

Usability and Intuitiveness

Quality of Features

Business Value Created

Product Strategy and Rate of Improvement

Availability and Quality of Training

Ease of IT Administration

Ease of Data Integration

Ease of Customization