Teem + Workday: Smarter Supplier Decisions, Right Where Procurement Happens

Teem partnered with Workday to bring AI-native supplier intelligence to Workday Spend Management, connecting Workday Strategic Sourcing and Workday Contract Lifecycle Management to help procurement teams make smarter supplier decisions.

Teem + Workday: Smarter Supplier Decisions, Right Where Procurement Happens

Today, with this press release, we announced our partnership with Workday, bringing Teem's AI-native supplier intelligence to Workday Spend Management.

Procurement teams have plenty of data. The hard part is turning it into a good decision, quickly.

Should we buy this tool? Do we already own something similar? Which suppliers are actually worth evaluating? Where are we paying for overlapping products?

Answering those questions still takes far too much manual research.

By connecting Teem with Workday Strategic Sourcing and Workday Contract Lifecycle Management, we're helping procurement teams make smarter supplier decisions inside the systems they already use. Across Teem's customer base, companies have already reduced redundant software spend by 20% to 35% and cut sourcing cycle times in half.

Check what you already have

A request for a new tool lands in procurement. The obvious next step is to start looking at suppliers.

But there’s a better question to ask first: Do we already own something that can do this?

At a large company, that can be surprisingly difficult to answer. Products overlap, suppliers expand their offerings, and contracts live in different places. The person reviewing a request may not know that another team already pays for a tool with the same capabilities.

Teem analyzes new purchase requests and upcoming renewals against the company’s existing supplier catalog. If an existing product can meet the need, Teem can flag the overlap before the company buys something else.

Workday Strategic Sourcing is leveraging Teem data to help power supplier discovery and cost deflection directly within Workday Strategic Sourcing.

The goal is simple: catch unnecessary spend while there’s still time to avoid it.

Make supplier discovery less of a research project

Sometimes a company really does need a new supplier. That shouldn’t mean spending weeks searching the market, gathering internal context, and building another spreadsheet.

Supplier and contract data can flow from Workday into Teem, giving Teem an understanding of what the company already owns. Teem then researches the broader market and identifies suppliers that fit the actual business need.

The result is a structured, side-by-side comparison that can answer:

  • Does the supplier meet the requirements?
  • How does it compare with products already in the portfolio?
  • Is it a good fit for the company?
  • Are there credible alternatives?

Procurement gets a clear recommendation and the evidence behind it without turning every request into a months-long sourcing exercise.

Give category managers a head start

Category teams often spend more time assembling information than acting on it. Contracts are in one place, spend data is somewhere else, and market research gets rebuilt for every project.

Teem brings that context together. It helps teams see upcoming renewals, spot overlapping products, understand their supplier portfolios, and identify opportunities to consolidate or reduce total cost of ownership.

Because the analysis is grounded in supplier and contract context from Workday, the recommendations reflect the company’s real portfolio, not a generic view of the market.

Workday is already using Teem

This partnership is especially exciting because Workday isn’t just a partner. It’s also a customer.

Workday’s procurement team uses Teem for supplier discovery and category management across its own supplier base. This year alone, Teem has taken on more than 2,000 hours of supplier research and analysis and helped identify millions of dollars in savings opportunities.

Across Teem’s customer base, companies have reduced redundant software spend by 20% to 35% and cut sourcing cycle times in half.

Those results come from giving teams better answers earlier, before a sourcing project expands, a renewal happens automatically, or another overlapping product enters the portfolio.

Helping procurement shape demand

Procurement systems are very good at moving requests through a process. The next opportunity is helping teams decide what that process should be.

Should the company buy something new, use an existing product, consolidate suppliers, or explore a different part of the market?

By combining Workday’s spend management capabilities with Teem’s supplier intelligence, we can help procurement teams answer those questions with more speed and confidence.

That’s the future we’re working toward: procurement that doesn’t just process demand, but actively shapes it.