DUBAI: MDC Business Management Services (MDC BMS), a Mubadala company, will partner with Crediti Fintech to utilize the MoniMove platform for the digitalization of procurement and supply chain operations.
With MoniMove, which is operated in the UAE by Protiviti, MDC BMS will examine how to seamlessly digitize and govern clients’ supply chain transactions through the blockchain-powered platform.
Local media reports said clients will be able to eliminate manual tasks, save time and cost while having access to real-time reporting and analytics – boosting transparency and enhancing governance.
Suppliers will benefit from supply chain finance services, advanced digital delivery tracking and live site inspection tools.
Nasir Al Nabhani, Chief Executive Officer of MDC BMS, said: “By carefully examining MoniMove with Crediti Fintech, we can ensure that our digitalization strategy takes our procurement and supply chain services to the next level.”