DYNAMIC NEGOTIATIONS AND ANALYTICS

Optimize real-time pricing conversations with data-driven negotiation

Collaborate across suppliers using best case scenarios and automated thresholds. Workday Strategic Sourcing helps accelerate negotiation with user-friendly data analysis.

See how it works

Three ways procurement teams can reduce enterprise costsRead the article

How Procurement teams are leading through uncertaintyRead the article

A simplified approach to dynamic negotiations and analyticsRead the data sheet

Master dynamic negotiations by collaborating with facts

Optimize real-time pricing conversations with line item guidance in the bidding process

Structure specific feedback ranges to facilitate quick and efficient supplier responses

Leverage scenarios to see the best possible outcomes

View estimated financial impact of incumbent or new suppliers via automated guidepost scenarios, or build your own scenarios

Deliver significant time and cost savings

Be the hero and reduce time-to-savings by automating the process of cleaning and analyzing data

Read A.T. Kearney’s The Future of Procurement Technology

Automate sourcing’s busywork for accelerated negotiation

Prioritize high-impact bids with just a few clicks

Clean your data quickly and perform outlier analysis to evaluate the most optimal bids

Establish the actual market level in complex scenarios, with line item guidance

Apply guidepost scenarios based on desired pricing to understand market realities

Negotiate multiple rounds faster and easier than ever

Shorten cycle times for sourcing and suppliers with quicker analysis and line item pricing updates

Do-it-yourself price modeling, no data juggling [or spreadsheets] required

Understand multiple scenarios and upsides in an instant

View scenarios on the cost and savings impact of strategic suppliers, incumbents, and historical baselines

Provide an accessible platform that incorporates should-cost modeling

Give power to the enterprise user, rather than constantly laying out the right rules and combing through multiple lines of bids

Determine the best choice with the greatest business impact

Simplify decisions that support savings goals by quickly analyzing multiple factors and constraints

LEADING BRANDS TRUST WORKDAY STRATEGIC SOURCING

SIMPLIFY DECISIONS WITH DYNAMIC NEGOTIATIONS AND ANALYTICS

See why the power of accessibility can yield 20-30% more savings with Workday Strategic Sourcing