Spendesk vs. Workday Strategic Sourcing

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Spendesk
Score 6.0 out of 10
N/A
Spendesk is smart spend management software from the company of the same name in Paris, designed for finance teams and employees, presenting flexible payments, approvals, automated receipt capture and real-time spend insights, finance can decentralize operational spending across the business without any loss of control or visibility. Employees benefit from streamlined expense and invoice management through the Spendesk website and app.N/A
Workday Strategic Sourcing
Score 7.9 out of 10
N/A
Workday Strategic Sourcing supports procurement by automating source-to-contract processes, from project intake to supplier management, and by surfacing contract obligations. It leverages Workday AI to provide insights and conversational tools that help teams identify savings opportunities and mitigate supplier risk.N/A
Pricing
SpendeskWorkday Strategic Sourcing
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SpendeskWorkday Strategic Sourcing
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
SpendeskWorkday Strategic Sourcing
Considered Both Products
Spendesk
Chose Spendesk
Spendesk is fully dedicated to this field. While we are still using Airtable for other purposes, such as automation, Spendesk allows us to get a well-structured process for approvals and improve the communication between different teams.
Workday Strategic Sourcing
Chose Workday Strategic Sourcing
I have only used RFPio to facilitate searching for RFP answers. I have used Scout RFP only to respond to customer RFPs. I assume they have functional overlap, but my interactions with each have not included this functional overlap. For each tool's respective use, I have found …
Best Alternatives
SpendeskWorkday Strategic Sourcing
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Score 8.9 out of 10
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Enterprises
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Score 7.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
SpendeskWorkday Strategic Sourcing
Likelihood to Recommend
8.0
(0 ratings)
9.1
(0 ratings)
User Testimonials
SpendeskWorkday Strategic Sourcing
Likelihood to Recommend
As an end-user, Spendesk is easily the simplest, most intuitive platform I have ever used for corporate expense management.
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Workday Strategic Sourcing is great for contract pipeline and management, but I wish it was better integrated with Workday so that we could keep it "clean" when the dimensionality is changed or updated in our financial data model.
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Pros
  • POs approval
  • Integration with Slack
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  • Contract Pipeline
  • Contract Management
  • Supplier Onboarding
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Cons
  • The AI that reads receipts could be improved.
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  • No way to flag where I need an internal colleague to review or add to an answer
  • No way to assign items to an internal team member for that person to answer a question
  • No status bar of the remaining items not yet answered
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Alternatives Considered
Spendesk is fully dedicated to this field. While we are still using Airtable for other purposes, such as automation, Spendesk allows us to get a well-structured process for approvals and improve the communication between different teams
Read full review
I have only used RFPIO to facilitate searching for RFP answers. I have used Scout RFP only to respond to customer RFPs. I assume they have functional overlap, but my interactions with each have not included this functional overlap. For each tool's respective use, I have found them very simple, intuitive, and helpful.
Read full review
Return on Investment
  • Reduce the approval time of expenses
  • Improve the communication between departments
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  • Ease of responding to RFPs and winning business
  • I don't have visibility into whether we have an actual $$$ of deals closed where we responded to the RFP within Scout RFP
  • Other departments of my company may use Scout RFP for sending out RFPs and collecting RFP responses, thus reducing costs to issue RFPs
Read full review
ScreenShots

Workday Strategic Sourcing Screenshots

Screenshot of Workday Strategic Sourcing Contract Lifecycle ManagementScreenshot of Workday Strategic Sourcing Supplier Relationship ManagementScreenshot of Workday Strategic Sourcing Strategic Sourcing DashboardScreenshot of Spend Management