Stakeholder PerspectivesEasily understand and participate in the sourcing process

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Why Workday Strategic Sourcing?

Sourcing doesn’t need to be a bottleneck.

That’s why stakeholders have come to depend on Workday Strategic Sourcing.
Imagine sourcing as a facilitator of your spend needs, rather than a barrier to your goals. Workday Strategic Sourcing is an inherently collaborative and easy-to-use platform, which makes it a breeze for you, your team, and suppliers of choice to stay in the loop and understand every step of your project’s status.

Using Workday Strategic Sourcing, sourcing can…
Efficiently manage every aspect of a sourcing event, from initial project conception to RFP, contracting, and through post-event analytics.

And as a result, stakeholders can…
Get a real-time view of their project’s status – and by extension, realize immediate, tangible results from sourcing – instead of waiting for roadblocks to clear.
84% of Workday Strategic Sourcing users see improved communication across the company.

Using Workday Strategic Sourcing, sourcing can…
Collaborate and easily help facilitate supplier relations, track historical progress, and build more strategic relationships with the business and supply chain.

And as a result, stakeholders can…
Have complete visibility, stronger supplier relationships, and better business outcomes from a real-time collaborative sourcing process.
90.2% of customers see a benefit to the company’s overall cash position.

Using Workday Strategic Sourcing, sourcing can…
Provide speedy sourcing results and unparalleled customer service.

And as a result, stakeholders can…
Seek out sourcing as valuable business partners, rather than barriers.
89% of Workday Strategic Sourcing users launch their first event within a week.

See how we can help your business. Schedule a demo of Workday Strategic Sourcing today.

ADDITIONAL RESOURCES

Gartner: Win Big by Starting with High-Value, Low-Risk Procurement Applications.

Read report

Enterprises that focus on strategic sourcing can generate substantial economic value.

Learn more