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Scout RFP

Company

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Owners:
Workday

Content

Owners

Scout RFP — the software maker whom purchasing departments for for search and vendor interaction use. The solution is designed to optimize process of purchases by means of a uniform set of projects and facilitates cooperation between clients and suppliers.

In Scout RFP claims that the company helps to do a business activity of the enterprise faster, less risky and more transparent.

History

2019: Workday purchased Scout RFP for $540 million

In November, 2019 Workday announced acquisition of Scout RFP for $540 million. The buyer intends to use technologies of the absorbed company for improvement of the Workday Procurement and Workday Inventory services.

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Scout RFP will provide to the existing and future clients of Workday the complete solution for payment for the services of suppliers which will allow to transform the organization of purchases and to provide the best business results. In particular, this solution cost reduction, more strict observance of rules and the maximum increase interaction with key concerned parties — the vice president of Workday said Petros Petros Dermetzis.[1]
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Notes