PRUDENTIAL FINANCIAL
“Technology, even the most advanced innovations we work with, is just a toolkit. In actual fact, transformation is entirely contingent on people”
Richard Porcaro, VP, Global Head of Sourcing
& Category Management, Prudential Financial
protect margins and steer investment where it matters most. All of that comes from having better spend visibility.”
Richard also points to other benefits, including the ability to curate more procurement category initiatives from the data and the capability to consider opportunities for supplier consolidation or expansion of contract realisation where necessary.
More broadly, unlocking new insights has transformed the way procurement operates with both external and internal stakeholders.“ With clean data we can now map to our other procurement related sources like contract lifecycle management, category initiatives, procure-to-pay or sourcing,” Richard highlights.“ By doing so, we can identify upstream constraints early, and not just for procurement.
64 December 2025