Compare Oracle Cloud SCM for Healthcare to Workday
Healthcare organizations find themselves in an environment of rising costs and slim margins buffeted by changing patient care patterns. With these headwinds, supply chain leaders find themselves continuously innovating to add value while controlling costs. Oracle empowers organizations with the most comprehensive solutions for healthcare organizations today, including new and engaging cloud services for the entire patient, healthcare worker, and back-office lifecycle.
Optimize your healthcare supply chain with Oracle Cloud SCM for healthcare
Oracle Cloud SCM for healthcare is purpose-built with healthcare-specific functionality that includes rebates, recalls, automated demand planning, receipt-based forecasting, bill-order entry, guided buying, Oracle Healthcare Marketplace, and item substitution. Our solution is rounded out with healthcare specific data sets to facilitate seamless buying, usage, and cost savings.
Oracle Cloud SCM for Healthcare vs. Workday
Oracle consistently leads the way in industry analyst reports with both analysts and advisory firms citing Oracle's leadership. In fact, our customers are consistently able to decommission third-party solutions due to the breadth and depth of Oracle’s solutions. You can begin with a specific solution and continue moving forward at your own pace or embark on an entire transformative effort. With Oracle, you have the flexibility to deploy based upon your timeframe and competing priorities.
Compare Workday's healthcare supply chain solution to Oracle Cloud SCM and see why Oracle is the better choice for you.
Business advantages |
Oracle |
Workday |
|
|---|---|---|---|
| Most complete cloud suite | |||
| Native Contract Management | available |
incomplete 1 |
|
| Comprehensive Procurement | available |
incomplete 2 |
|
| Native Sourcing and Order Management | available |
incomplete 3 |
|
| Mobile Inventory for Healthcare | available |
available |
|
| Native Demand Planning | available |
incomplete 4 |
|
| Recall Management | available |
available |
|
| Master Data | available |
incomplete 5 |
|
| Comprehensive Warehouse Management | available |
incomplete 6 |
|
| Comprehensive Transportation Management | available |
incomplete 7 |
|
| Advanced Analytics | available |
not available 8 |
|
| Integration as a Service | available |
not available 9 |
|
| Generative AI | available |
not available 10 |
|
| Rebate Management | available |
not available 11 |
|
| Receipt-based Forecasting | available |
incomplete 12 |
|
| Bill-only order entry | available |
incomplete 13 |
|
| Guided Buying | available |
incomplete 14 |
|
| Marketplace | available |
incomplete 15 |
|
| Automated Item Substitution | available |
incomplete 16 |
|
| Healthcare-Specific Datasets | available |
not available 17 |
|
| Delivered Integration to Electronic Medical Records solutions—Cerner and Epic | available |
incomplete 18 |
|
Product comparison as of August 2024
* U.S. only
Oracle Cloud SCM healthcare customers see results:
*Value metrics source: Oracle Value Realization, Cloud Benchmark Report, June 2020.
4 reasons to choose Cloud SCM for Healthcare over Workday
01Align your supplies to demand for a patient-centered supply chain
Improve planning and predict demand so you can direct supplies where and when they’re needed.
02Reduce the time spent tracking down supplies
Manage inventory flow—from order to delivery to replenishment. Reduce the time clinical staff spends tracking down supplies on hand and procuring new ones.
03Streamline procurement of capital assets and medical equipment
Simplify supplier management, enforce compliant spending, and improve profitability.
04Improve safety and reduce risk by proactively managing product recalls
Enable precision recalls of medical devices by tracking and tracing their exact locations in the supply network, provider, and PAR location. Standardize product data in a centralized catalog.
Take the first step to migrate to Oracle Cloud SCM for healthcare
Oracle offers a complete suite of integrated cloud applications built on our next-generation infrastructure with built-in advanced technologies. Healthcare organizations can start their cloud migration immediately, no matter where they are in their technology transformation.
Oracle Cloud is trusted by thousands of customers worldwide. Take the next step:
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Sources:
1. Workday purchased Scout, third party RFP solution: https://tracxn.com/d/acquisitions/acquisitions-by-workday/__DyUd78Xz8sWRW5Gcfx_gqRV-nj7mQEgalZQPr301Ha0
2. Gartner Magic Quadrant Source to Pay doesn’t include Workday: https://www.gartner.com/document/5152831?ref=solrAll&refval=415035861& Oracle is a Challenger
3. Workday purchased Scout, third party RFP solution: https://tracxn.com/d/acquisitions/acquisitions-by-workday/__DyUd78Xz8sWRW5Gcfx_gqRV-nj7mQEgalZQPr301Ha0
4. Workday purchased third party planning solution Adaptive: https://tracxn.com/d/acquisitions/acquisitions-by-workday/__DyUd78Xz8sWRW5Gcfx_gqRV-nj7mQEgalZQPr301Ha0
5. Workday has an item master but not master data: https://www.workday.com/content/dam/web/se/documents/datasheets/datasheet-inventory-se.pdf and here https://marketplace.workday.com/en-US/apps/413842/emr-integration-headstart/overview
6. Workday is in development to an MVP Warehouse Management solution today but currently partners with Tecsys when a client needs a warehouse solution: https://marketplace-setup.workday.com/en-US/apps/414693/tecsys-elite-healthcare-wms-for-workday-scm/overview
7. Workday partners with Cargoson for Transportation Management: https://www.cargoson.com/en/integrations/partners/workday
8. Workday not included in Gartner Magic Quadrant for Analytics and Business Intelligence Platforms – Oracle is a Visionary
9. Workday not included in Gartner Magic Quadrant for Ipaas: https://www.gartner.com/document/5198963?ref=solrAll&refval=415039705& Oracle is a Leader
10. As of July 2024 Workday has not delivered Generative AI: Gartner Vendor Rating, Workday: https://www.gartner.com/document/5611191?ref=solrAll&refval=423052987&
11. No mention of rebates: https://www.workday.com/content/dam/web/en-us/documents/datasheets/datasheet-inventory.pdf
12. Receipt-based Forecasting—possible partner offering—no mention on Workday.com
13. Bill-only order entry—possible partner offering no mention on Workday.com
14. Guided buying—only provide bid comparisons no active guiding: https://www.workday.com/en-us/solutions/industries/healthcare.html?industryModal=value-driven-sourcing15. Marketplace—provides a supplier portal but not a marketplace: https://www.workday.com/en-us/solutions/industries/healthcare.html?industryModal=supplier-and-supply-related-risk-management
16. Automated item substitution—provides alerts but does not automate: https://www.workday.com/en-us/solutions/industries/healthcare.html?industryModal=proactive-contract-management
17. Healthcare specific data sets—no mention on Workday.com
18. Delivered integration to EMR solutions—Workday provides a tool on their marketplace that automates 40% of an EMR integration: https://marketplace.workday.com/en-US/apps/413842/emr-integration-headstart/overview