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Workday Strategic Sourcing

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Overview

Workday Strategic Sourcing 2026: Benefits, Features & Pricing

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  • Overview
  • Pricing and Plans
  • Features
  • User Reviews

Overview

Workday Strategic Sourcing
Workday Strategic Sourcing
4.8
(4)

Pricing

Starting at $250.00 per month

About Workday Strategic Sourcing

Workday Strategic Sourcing makes strategic sourcing simpler, smarter, and more streamlined than ever before. Its intuitive, cloud-based platform – encompassing everything from project intake through sourcing pipeline to contract and supplier management to RFx and reverse auction tools– closes the loop on sourcing and, in the process, empowers collaboration, centralizes data, makes processes more transparent, and, ultimately, drives better business outcomes.

With Workday Strategic Sourcing, organizations achieve
hard cost savings and ROI that can be delivered in months, gain insight into supplier performance and risk, and add procurement and financial management for compound value over time. Through collaborative and easy-to-use solutions, actionable insights, and increased efficiencies within the full source-to-pay process, Workday is uniquely positioned to help finance digitally transform operations and improve the bottom line.

Workday Strategic Sourcing is a collaborative,
cloud-based solution that makes sourcing a truly strategic arm of the business by providing greater visibility throughout the entire sourcing and supplier
engagement process. Over 300,000 users in more...

than 155 countries have chosen Workday Strategic Sourcing to manage more spend and make a bigger business impact.

Workday Strategic Sourcing Screenshots

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Workday Strategic Sourcing Pricing and Plans

Starting price: $250.00 per month
Free Trial
Free Version

Basic

$250.00

per month

No plan information available

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    Workday Strategic Sourcing Features

    • Popular features found in Sourcing
      Collaboration Tools
      Compliance Management
      Procurement Management
      Purchase Order Management
      Quotes/Estimates
      Requisition Management
      Spend Management
      Supplier Qualification
      Workflow Management
    • More features of Workday Strategic Sourcing
      Access Controls/Permissions
      Activity Tracking
      Alerts/Notifications
      API
      Auction Management
      Audit Trail
      Bid Management
      Budget Management
      Contract/License Management
      Contract Lifecycle Management
      Customizable Templates
      Data Import/Export
      Document Management
      Expense Tracking
      Financial Management
      Financial Reporting
      Global Sourcing Management
      Invoice Processing
      Knowledge Base Management
      Performance Management
      Performance Monitoring
      Project Management
      Reminders
      RFP Creation
      RFP Management
      Rfx Management
      Search/Filter
      Sourcing Management
      Spend Analysis
      Supplier Management
      Supplier Web Portal
      Template Management
      Templates
      Vendor Management

    Workday Strategic Sourcing User Reviews

    Overall Rating

    4.8

    Ratings Breakdown

    5

    75%

    4

    25%

    3

    0%

    2

    0%

    1

    0%

    Secondary Ratings

    Ease of Use

    4.5

    Value for money

    4.3

    Customer support

    4.3

    Functionality

    4.3

    Have you used Workday Strategic Sourcing and would like to share your experience with others?

    MC

    Millie C.

    Verified reviewer

    Used unspecified for unspecified

    Review source

    Reviewed December 2016

    Scout RFP review

    4

    Our prospect invited us as the supplier/vendor to use Scout RFP to submit our proposal. Scout RFP is beautifully designed, easy and simple to respond to each question, attach request documents, add attachments, and add bid details like a cover letter or executive summary. I like that we were able to invite others in our company to join and to provide their responses in real time. I appreciate the automated deadline email reminder especially since I had multiple bids due around the same time. Other positive features include the ability to download the bid questions to Excel, to import of the bid questions and answers back to Scout RFP, to download requested documents and attachments to a zip file, bid preview, and ability to print the bid. However, the cloud software was often slow and unresponsive. In order to continue, I had to kill the application and relaunch it again. Other drawbacks include the inability to include files, graphics, tables in the response to a question; inability to determine where the errors are before bid submission; inability to quickly determine unanswered questions; inability to go directly to a specific section to add/edit responses (when click on the Edit button for a section);

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    4
    Customer support
    4
    Functionality

    Read More

    sa

    sammantha a.

    Verified reviewer

    Used weekly for unspecified

    Review source

    Reviewed December 2016

    Scout RFP

    5

    Scout RFP makes the enterprise buying process painless for both buyers and suppliers with its simple and intuitively designed cloud-based platform. Our product is in use by customers from a wide range of markets, including technology, retail, restaurants, manufacturing, hospitals, universities, and more. We believe simple to use and beautifully designed software provides the best solutions.Overall a great experience at a true start-up, but don't expect any of the "cool" stuff that comes along with working at one. If you're into that kind of thing, then this might be the place for you! Everyone eats lunch together at a big picnic table in the kitchen. The product is definitely going to make a difference.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    Opportunity to grow as a person and professional
    Cons:
    Sometimes hours are long because it's still a small team

    Read More

    PH

    Piet H.

    Verified reviewer

    Medical Practice

    5001-10000 employees

    Used daily for more than 2 years

    Review source

    Reviewed October 2022

    Happy with Workday

    5

    It is functional

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    3
    Customer support
    4
    Functionality
    icon
    Pros:
    After getting used to the software process, the product becomes easy to use, and functional.
    Cons:
    Very restrictive format with little to no way of customising the process flow

    Read More

    SF

    Shawn F.

    Used unspecified for unspecified

    Review source

    Reviewed October 2015

    Scout RFP Intuitive RFP Creation and Management

    5

    Scout RFP enabled us to streamline our RFP process while maintaining compliance with our internal policies and procedures. The solution provides the standard functionality that you would expect from an online RFP tool and much more. These functionalities include easy RFP uploads, automatic scoring, communication and analysis tools to name a few. Scout RFP's intuitive RFP creation process allowed us to reduce the amount of missed process steps with minimal user training. Managing supplier and stakeholder communications in one platform was also a huge timesaver for us. We experienced no supplier complaints, which for those who utilize e-procurement tools know, is often a battle. Comparing the functionality to other tools in the market, the price point cannot be beaten. I would highly recommend Scout RFP.

    Ratings Breakdown

    5
    Ease of use
    5
    Customer support

    Read More

    Showing 1 - 4 of 4 Reviews

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