“There has been a lot of progress in implementing these systems, but the true measure of success lies in evolving these tools beyond mere procurement. By building analytics into the tool, for example, it becomes easier to predict exactly what will be needed and when. Furthermore, it should be remembered that procurement essentially comprises an ecosystem that encompasses the acquisition, use, management and disposal of items. FinanceApps provides digitalization which can offer an advantage here, in that it can create data marks that are built into each step of the process, placing full control of the management of company assets in the hands of the procurement manager.”