Statement of Work
Strengthen project oversight. Maintain budget control.
As market complexities increase, so do statements of work (SOWs). Workday VNDLY Statement of Work is an agile solution for simplifying complex project needs – from resourcing requirements to budget oversight.
What You Can Do
Navigate competing priorities and projects
Our leading vendor management software empowers you to manage complex projects in a single solution, providing an effective way to map and manage all SOW requirements, including getting the right contingent labour in place to ensure project success.
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Contract management and negotiation
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Project timeline view
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Milestone creation and tracking
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Project team oversight
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Multipayment-type support
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Change order management
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Spend tracking
Scale SOW planning and take control of deliverables
To succeed in today’s global economy, you need to be able to effectively juggle varying project needs across teams and borders. That’s where Workday VNDLY Statement of Work comes in.
Simplify planning
Easily track projects against key areas, such as project milestones, completion status and payments made, as well as pending and past project modifications.
Increase control
Build process controls, manage change orders and facilitate contract negotiations – all within our highly secure environment.
Enhance oversight
Mitigate risk, meet deadlines, uncover cost savings and eliminate rogue spending through complete SOW oversight.
Discover a simpler way to manage complex projects.
Adhere to project budgets
Remain on track with project spend through complete visibility into overall available budget, committed spend and invoiced amount.
Optimise the contracting process
Save time with the ability to include and lock legal language in contracts.
Streamline negotiations
Simplify the negotiation process by opening up contracts for redlining and comments directly in Workday VNDLY.
Align expectations
Get everyone on the same page with predefined acceptance criteria based on work required.
Effectively manage change orders
Capitalise on the ability to request, review and approve change orders in Workday VNDLY.
Save time on change order reviews
Consolidate the review process with simple indicators that highlight requested changes in an easy-to-read format.
View assigned workers
Gain clarity into who’s where with the ability to drill into the details for each individual assigned to a project.
Expedite invoices
Keep invoices moving by converting only reviewed and approved spend into invoice line items.
See how we help you succeed