PRUDENTIAL FINANCIAL
“ By bringing that data together we can see true line item detail, compare suppliers and have a real and measurable single source of information that removes opacity”
Richard Porcaro, VP, Global Head of Sourcing &
Category Management, Prudential Financial
The importance of spend visibility and data To deliver on those strategic ambitions, Richard and the team focused on spend visibility, collaborating with and implementing a spend analytics platform that would enable the organisation to connect analytics with clean and structured data in order to leverage AI and other innovations.
For Prudential Financial spend visibility is critical, enabling the procurement function to have accurate insights and data across myriad areas of operation, from intake and orchestration, category management and strategic sourcing, through to contract lifecycle management, third-party risk, supply relationship management and beyond.
56 December 2025