Using a data-driven approach to procurement offers immense value. The future of supply chain and procurement software is proactive, as opposed to historical reactive technologies. Procurement teams can now better work towards company-wide initiatives by factoring in supply chain risk, trusted spend analytics, sustainability and diversity scorecards, and a comprehensive vendor scoring system on company projects. Having data at the forefront of procurement allows for process agility, stronger decision making, proactive risk monitoring, and improving compliance. It is the combination of these things that ultimately saves valuable time and money.