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  3. Workday Strategic Sourcing
Logo of Workday Strategic Sourcing

Workday Strategic Sourcing

byWorkday
in
4.7

Overview

Product Information on Workday Strategic Sourcing

Updated 31st July 2025

What is Workday Strategic Sourcing?

Workday Strategic Sourcing delivers rapid ROI by making the source-to-contract process more impactful. The solution achieves this by focusing on three areas: streamlined sourcing and collaboration through a simple intake process and intuitive interface; data-driven supplier management with a centralized view for proactive lifecycle management; and complete contract lifecycle management that streamlines authoring, negotiation, and renewals while using Workday AI to analyze contracts. This results in an agile procurement function with the intelligence to cut cycle times, exceed savings targets, and elevate its role as a strategic business partner.

Workday Strategic Sourcing Pricing

Workday Strategic Sourcing Product Images

Strategic Sourcing Dashboard
Strategic Sourcing Dashboard
Supplier Relationship Mgmt.
Supplier Relationship Mgmt.
Contract Lifecycle Management
Contract Lifecycle Management

Overall experience with Workday Strategic Sourcing

CPO
3B - 10B USD, Insurance (except health)
FAVORABLE

“Wonderful Strategic Sourcing Tool”

5.0
Apr 30, 2021
A wonderfully useful tool with enough flexibility to meet 95% of any of your needs. Suppliers love it, stakeholders love it, and so does my team.
Category Management Team Manager
250M - 500M USD, Healthcare and Biotech
CRITICAL

“So So”

3.0
Feb 19, 2021
Scout can track a specific project well, but has limitations related to reporting and dashboard functionalities.

About Company

Company Description

Updated 13th October 2025

Workday is the AI platform for managing people, money, and agents. Workday unifies HR and Finance on one platform with AI at the core to empower people at every level with the clarity, confidence, and insights they need to adapt quickly, make better decisions, and deliver outcomes that matter. Workday is used by organizations around the world and across industries.

Company Details

Updated 13th October 2025
Company type
Public
Year Founded
2005
Head office location
Pleasanton, United States
Number of employees
10001+
Website
http://www.workday.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Workday Strategic Sourcing
Deciding Factors: Workday Strategic Sourcing Vs. Market Average
Performance of Workday Strategic Sourcing Across Market Features

Workday Strategic Sourcing Likes & Dislikes

Like

The usability of esourcing is OUTSTANDING and full of features. Pipeline is an awesome collaboration tool that even engages stakeholders. The integration with SRM is just great, too.

Like

Its better than nothing

Like

Timely responses by our Vendor representative. Ease of vendor set-up. Ease of event set-up.

Dislike

Scout's integration into Workday feels like it is slowing new feature development. New features often times are focused on matching capabilities in other tools vs. approaching capabilities from a new, fresh perspective (though the tool is loaded with WAY better capabilities than any other tool, and packages it in an easy to use UI). The turnover of customer engagement reps is problematic.

Dislike

filters revert back to last one used. Not very user intuitive functionality.

Dislike

Evaluation functionality needs improvement.

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Peer Discussions

Workday Strategic Sourcing Reviews and Ratings

Showing data for 131 ratings and reviews for Strategic Sourcing Application Suites market. View all 131 ratings and reviews across markets for a complete picture.

4.7

(131 Ratings)

Rating Distribution

5 Star
85%
4 Star
15%
3 Star
1%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.7

Integration & Deployment

4.7

Service & Support

4.8

Product Capabilities

4.6

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • CPO
    1B-10B USD
    Insurance (except health)
    Review Source

    Wonderful Strategic Sourcing Tool

    5.0
    Apr 30, 2021
    A wonderfully useful tool with enough flexibility to meet 95% of any of your needs. Suppliers love it, stakeholders love it, and so does my team.
  • Strategic Sourcing Coordinator
    1B-10B USD
    Miscellaneous
    Review Source

    It's very good.

    4.0
    May 3, 2021
    Your available ratings jump from average to outstanding and I don't think that's the right progression. While I'd rate Scout as above average, I don't think that all the way to "outstanding" should be the next choice.
  • Strategic Sourcing Analyst
    1B-10B USD
    Finance (non-banking)
    Review Source

    Scout creates a seamless e-sourcing experience for suppliers and stakeholders

    4.0
    Mar 10, 2021
    My team has been using Scout for two years and while we've had some challenges on the Sourcing Manager side, they are outweighed by the seamless e-sourcing experience for suppliers and stakeholders. Overall, it is great to have a central place for RFX submissions to live and Scout makes it easy for users to collaborate throughout the entire process (i.e. team chat, ability for stakeholders to edit). One of my team's favorite features is the supplier Q&A where stakeholders can respond to supplier questions in platform in an easy, collaborative way. The past couple years, our biggest challenge was with Scout Evaluations - though it has been great to see Scout implementing updates to help ease some of these challenges. In general, there's a bit of a learning curve (training stakeholders, creating templates, learning from hands on experience, etc), but with each project we run through Scout, the team get increasingly comfortable with the tool.
  • Sourcing Analyst
    1B-10B USD
    Consumer Goods
    Review Source

    Scout RFP is a fantastic esourcing tool for our sourcing org.

    5.0
    Mar 15, 2021
    Scout RFP is an incredible esourcing tool that has contributed greatly to the digital transformation of our sourcing organization. The tool is very intuitive and easy to use for our stakeholders as well as bidding vendors which makes it very easy to create and launch sourcing events/projects from scratch. One of the biggest benefits that we get from Scout is the visibility into our sourcing organization that the tool provides. We have also achieved value from standardizing our sourcing processes across multiple spend areas so that we are ensuring that our sourcing events are competitive and provide the best value to our organization either through low-cost or best overall supply partner.
  • Head Of Procurement
    50M-1B USD
    Energy and Utilities
    Review Source

    Scout’s Awesome user experience makes procurement fun!

    5.0
    Mar 10, 2021
    exceptionally easy to use and configure product and has helped us lift our productivity and performance significantly. Great support and partnership also.
...
Showing Result 1-5 of 131

Recommended Gartner Research

  • Critical Capabilities for Strategic Sourcing Application Suites
  • Magic Quadrant for Strategic Sourcing Application Suites

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