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What is Workday Strategic Sourcing?

Workday Strategic Sourcing is a sophisticated software solution designed to streamline the purchasing processes for enterprises, benefiting both buyers and suppliers alike. This cloud-based platform features an intuitive interface and a variety of powerful tools, such as centralized data management, automated request routing, tailored contract milestones, and efficient collaboration features. Organizations from diverse sectors, including technology, retail, hospitality, manufacturing, and education, have come to rely on Workday Strategic Sourcing for their procurement needs. Its versatility and comprehensive capabilities make it a valuable asset for any business looking to enhance their sourcing strategies.

What is Workday Prism Analytics?

Your IT team is now well-equipped to meet the analytics and reporting needs of finance, HR, and operational leadership. With the capabilities of Workday Prism Analytics, you can seamlessly merge transactional data with extensive external operational datasets, enhancing the efficiency of management, reporting, and analytical tasks. The process of data ingestion is straightforward, utilizing API, SFTP, or browser uploads to create a comprehensive data catalog. You have the autonomy to craft your data transformation pipelines according to your specifications, employing techniques such as joins, unions, group-by, and filters. Furthermore, data governance can be effectively managed while customizing access rights through the Workday single security framework, ensuring that sensitive information is accessible only to authorized individuals. This feature empowers finance, HR, and business leaders to perform real-time analyses whenever required. Workday also enables secure, self-service access to vital data for all users, simplifying workforce and financial analytics, which are crucial for informed business decisions. By integrating analytics and transactions into one cohesive platform, stakeholders can access the insights they need to make strategic decisions and improve operational performance. Ultimately, this integration not only enhances accountability but also cultivates a data-driven culture within the organization, encouraging all employees to leverage data in their everyday roles. This transformation supports a collaborative environment where informed decision-making is prioritized at every level.

Media

Media

Integrations Supported

5X
Loxo
Microsoft 365
Order.co
Punchout Catalogs
RadiantOne
Workday HCM

Integrations Supported

5X
Loxo
Microsoft 365
Order.co
Punchout Catalogs
RadiantOne
Workday HCM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Workday

Date Founded

2005

Company Location

United States

Company Website

workday.com

Company Facts

Organization Name

Workday

Date Founded

2005

Company Location

United States

Company Website

www.workday.com/en-us/products/analytics-reporting/data-hub.html

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

HR Analytics

Compensation Plan Modeling
Dashboard
HR Metrics Library
Leave & Absence Reporting
Predictive Modeling
Recruiting Management
Succession Planning
Talent Management
Trend Analysis
Turnover Tracking

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