Procurement Management Software

Automate and accelerate your procure-to-pay process.

Procurement dashboard showing graphs for supplier spend by category and managed versus unmanaged invoice spend.

WHAT YOU CAN DO

Spend less time on indirect spend.

Procurement management software from Workday allows you to automate and control indirect spend.

Employees can create purchase requisitions, generate purchase orders, receive goods, process supplier invoices, and analyze spend—all in one system.

KEY CAPABILITIES
  • Indirect spend management
  • Requisitions and purchase orders
  • Supplier invoice automation

  • Configurable spend controls
  • Real-time spend insights

Streamline the entire procure-to-pay process.

Workday’s purchase requisition experience displaying catalog items, and Workday Assistant engaged to check the status of an existing order.

Manage purchasing with ease.

Handle the information, policies, and processes involved in purchasing indirect goods and services—all in a unified system.

Save time with optical character recognition.

Process invoices more accurately and easily with machine learning. With automated invoice creation, you have more time to focus on strategic work.

Flexibly control spend.

Set controls to make sure transactions adhere to your organization’s best practices. And assign access to employees based on their roles and permissions.

Understand where your money goes.

Get the who, what, when, where, and why for every transaction. Workday allows you to capture and analyze data to better understand spend and create more effective policies.

Guidance every step of the way.

Capture spend intelligently.

Ensure purchase requisitions are categorized correctly for accurate reporting. Workday AI can also suggest relevant spend categories for hassle-free requisitions.

Stay in the loop.

Chat with Workday Assistant to quickly check the status of requisitions and invoices after they’ve been submitted.

Find what you need, faster.

Leverage AI with Workday Tailored Search to find relevant goods and services based on requisition context and history .

Reduced requisition-to-PO cycle time by 86%.


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