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Workday Procurement - Enterprise Management Cloud the ...

DatasheetWorkday ProcurementIndirect spend can make up a significant portion of your corporate spending. In today s business environment, building a world-class Procurement organization requires you to drive cost savings and implement best practices in spend Management . That s where Workday comes addresses the unique requirements of both goods and services spend, and doesn t require you to deploy multiple systems to manage it. From requisition to payment, Workday Procurement provides a single system for the procure-to-pay process and is built for today s global Goods and Services Procurement Workday Procurement enables you to bring user profiles, business process controls, and analytics into one system, streamlining the entire indirect Procurement process. With everything in one place, you can establish consistency and gain real-time visibility into spending trends across your organization. Self-Service Supplier ManagementExtend the Workday experience to your suppliers through the supplier portal, which allows them to maintain their personal data and specify their goods and services.

Workday Financial Management • Immediate capture of accounting impact • A single settlement engine across all financial functions • Budget checking and commitment accounting One System with Workday Inventory • Automatic purchase requisitions for replenishment • Common item master with inventory • Source requisition from inventory

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