Workday Spend Management vs. Perk (formerly TravelPerk)

Workday Spend Management provides comprehensive source-to-pay capabilities that helps organizations simplify operations, boost efficiency, and enhance visibility across the procurement lifecycle. With built-in capabilities to control spend and mitigate risk, Workday empowers procurement leaders to drive strategic value. The solution streamlines the procurement lifecycle. Teams can run sourcing events, manage contract workflows, and track supplier performance and risk.

Perk is the intelligent platform for travel, spend and events. Perk’s powerful platform automates time-consuming tasks like travel bookings, expenses, and invoice processing. So your people can focus on real work, with real impact. Employees get simple, easy-to-use tools for everything from booking and managing travel to claiming expenses, processing invoices, and making payments. Finance teams get end-to-end control with customisable policies and permissions as well as full visibility into spend across the company with real time reporting across travel, expenses, invoices, and card payments.