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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

Djabanor A.

Role: Finance
Industry: Energy
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2021

Does not disappoint on functionality

Likeliness to Recommend

10 /10

What differentiates Workday Strategic Sourcing from other similar products?

It is easy to use and quick to deploy that there is no third-party assistance required for the implementation process.

What is your favorite aspect of this product?

I can easily track supplier performance and history over time, gaining insight into their activity and risk level from within the Workday records syncing capabilities hence ensuring data accuracy. It has a very handy integration capability with Microsoft 365 that allows me to comment and collaborate in Microsoft word therefore it becomes easy to create and revise contracts across multiple stakeholders without worrying about version control or visibility.

What do you dislike most about this product?

The user interface needs some improvements in terms of built-in graphical dashboards.

What recommendations would you give to someone considering this product?

This product is capable of delivering better performance and features but lacks in user interface compared to most products in its category and for this, I would recommend them to go for the product.

Pros

Unique Features
Effective Service
Over Delivered
Transparent

Role: Operations
Industry: Communications
Involvement: Initial Implementation

Validated Review

Anonymous Reviewer

Submitted Jul 2021

Sourcing made faster and dynamic negotiations

Likeliness to Recommend

6 /10

Pros

Reliable
Caring
Altruistic
Includes Product Enhancements

Daniel D.

Role: Sales Marketing
Industry: Engineering
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jul 2021

Simple and seamless - solid software

Likeliness to Recommend

8 /10

What differentiates Workday Strategic Sourcing from other similar products?

In my role I see many different procurement software options and many of them frustrate me, but this one doesn't.

What is your favorite aspect of this product?

It's very simple and intuitive to use.

What do you dislike most about this product?

I don't specifically dislike anything about this product

What recommendations would you give to someone considering this product?

It's a solid platform

Pros

Reliable
Efficient Service
Effective Service
Caring

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

Djabanor A.

Does not disappoint on functionality

Likeliness to Recommend

Pros

Sourcing made faster and dynamic negotiations

Likeliness to Recommend

Pros

Daniel D.

Simple and seamless - solid software

Likeliness to Recommend

Pros

Most Popular Workday Strategic Sourcing Comparisons

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Title

2
Since last award

1
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1
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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