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


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
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