Workday Strategic Sourcing is a cloud-based platform that transforms sourcing from a manual, siloed process into a strategic, collaborative, and data-driven function. It centralizes the entire source-to-contract lifecycle, enabling efficient intake, supplier discovery, RFP/RFI/RFQ execution, reverse auctions, contract management, and supplier performance tracking. The solution enhances stakeholder collaboration, improves decision-making with AI/ML insights, streamlines supplier onboarding, and ensures compliance through integrations and automated workflows. With real-time visibility, scenario modeling, and a unified data hub, organizations can drive cost savings, mitigate risk, and maximize supplier impact while connecting seamlessly with ERP systems.

Join for free to read