Guidance and insights into procurement management.
A new report from Harvard Business Review Analytic Services finds that organizations that leverage collaborative technology between the financial planning and analysis (FP&A) and the sourcing and procurement functions can optimize their supply chain.
Is your company bringing on more contractors, consultants, and gig workers? It might be time to consider how you’re managing your extended workforce.
We caught up with Shashank Saxena and Mariana Santiago, co-general managers of Workday VNDLY, to discuss the latest developments for our extended workforce and vendor management system—and its role in powering the future of work.
Businesses increasingly depend on contingent workers for workforce agility and flexibility. Leaders from Everest Group explain how vendor management systems (VMS) have evolved with this trend and can deliver advanced technology capabilities to manage the contingent workforce.
Scaling the modern contingent workforce requires technology platform support. Learn how to spot the differences between old technology and truly innovative VMS platforms.
With Workday’s acquisition of VNDLY just over a year old, Shashank Saxena, co-founder and co-general manager of VNDLY, discusses the future of the vendor system management space and tremendous opportunities for our customers.
CHROs are pursuing digital transformation in order to better manage their entire workforce—including contingent workers. To reach that goal, they should align with their partners in the C-suite before the technology selection process starts.
Anticipating the future of work can set your business up for success. Find out why you should fit total workforce optimization into your strategic plan.
Many organizations look to a managed service provider (MSP) to manage their contingent labor program. In order to deliver on program goals, a vendor management system (VMS) that empowers MSP teams is critical.
With a customizable VMS, you can change your technology to better suit your business and get better support for change management in your contingent workforce program.
The future of sourcing, managing, and paying for your workers starts with integrating your VMS and HCM systems to enable total workforce management.
In this podcast episode, we connect with a customer, Berri Heinz, director of supplier diversity at Prisma Health, who shares insights on the importance of supplier diversity for healthcare organizations, patients and providers, and our communities at large.
Invoicing functionality is fundamental to a VMS. In this article, we take a look at the latest invoicing innovations and discuss how these capabilities can be leveraged to effectively support your extended workforce program.
Whether you’re assessing your current vendor management system or in the market for a new product, here are six steps your provider should be taking in order to create innovation that has true impact.
Canda Rozier, founder and president of Collabra Consulting, shares her insights on how to uplevel procurement through proactive collaboration and strategic contract management.
Discover how procurement and sourcing teams are collaborating with financial planning and analysis teams to drive savings and maintain business continuity despite economic volatility.
Learn how Workday healthcare customers helped their organizations increase agility and resilience by taking their supply chain processes to the cloud.
Learn best practices for creating a supplier contract management strategy to identify supplier gaps and drive savings.
In this article, we provide an in-depth overview of strategic sourcing, its critical role in the business, and how strategic sourcing systems can empower teams to adapt to a changing world.
Businesses are realizing that strengthening procurement, strategic sourcing, and supply chain management is critical to their success.
The pandemic exposed the need for technology upgrades within procurement, an area that has been historically underserved when it comes to tech investment. Discover how two Workday customers used cloud-based tools to find creative ways to thrive during the pandemic.
Learn how three industries are driving the “last mile of industry innovation” with the right cloud partner.
The global sourcing leader at Ralph Lauren shared insights and best practices for driving high-performing procurement at our Conversations for a Changing World digital event.
In the face of ongoing pressures, financial services institutions should optimize procurement to reduce costs without operational and customer-facing disruption.
Building out a supplier relationship management (SRM) program doesn’t have to be intimidating. Explore the four pillars of a successful SRM program and best practices for driving supplier performance.
The future is in the cloud. Explore three ways a digitally enabled sourcing team can empower the business and close the digital acceleration gap.
Procurement teams have an opportunity to meaningfully contribute to their companies’ diversity and inclusion goals by consciously partnering with diverse businesses, defined as any company that is at least 51% owned by persons identifying with underrepresented groups.
After being stress-tested by the pandemic, leaders are finding innovative ways to elevate the office of procurement despite limited resources.
Harvard Business Review finds that procurement’s role in the enterprise is evolving, and explains how leaders can empower their teams to act strategically.
The COVID-19 pandemic hit right when The Metropolitan Museum of Art was in the midst of digitally transforming its procurement business. Two procurement leaders share their experience and lessons learned through this unexpected journey.
Human rights compliance regulations across the globe are challenging enterprises to take a hard look at their supply chains and highlighting the importance of procurement.
It’s been one year since Scout RFP joined Workday. Alex Yakubovich reflects on what we've accomplished together, including customer adoption, product innovation, and moving forward as Workday Strategic Sourcing.
Workday has entered into an agreement to acquire Scout RFP, a leading cloud-based platform for strategic sourcing and supplier engagement. The acquisition of Scout RFP will help accelerate Workday’s ability to deliver a comprehensive source-to-pay solution with a best-in-class strategic sourcing offering, elevating the office of procurement in strategic importance and transforming the procurement function.
