Workday Strategic Sourcing

Contract Lifecycle Management powered by Evisort AI for streamlined creation, negotiation, and compliance

Automated identification of hidden savings like rebates and volume discounts

AI automation that handles routine tasks to free up time for your team

Lead pricing conversations with real-time data and analysis for better deal negotiation

Support for RFx processes, reverse auctions, and public bidding mechanisms

Engage stakeholders and suppliers to drive collaboration and deliver results

Ensure compliance with intelligent workflows for approvals and compliance

Automate and manage contracts from creation to analysis using AI technology

Create and analyze contracts effortlessly with intelligent workflows

Seamlessly integrates with any finance or procurement system

Offer users a clear starting point for every purchase and ensure compliance

Track and manage sourcing projects through the pipeline

Manage and organize sourcing project requests through a streamlined intake process

Access real-time data and analysis for informed decision making

Track savings and generate reports on sourcing outcomes

Track and manage supplier diversity metrics

Seamlessly onboard suppliers to the platform

Track and manage supplier performance metrics

Proactively manage and monitor supplier risks

Monitor and track supplier sustainability metrics