- Data & AI Services
Transforming Energy Procurement with Unified Data and Analytics
The Challenge
The client’s Supply Chain Services team faced rising cost pressures — limited visibility into chemical pricing trends, and significant gaps across purchasing, invoicing, and receiving processes.
Disconnected systems made it difficult to track PO spend, detect after-the-fact POs, manage contract expirations, and monitor supplier diversity.
Existing reporting lacked usability and real-time insights, which slowed decision-making and weakened compliance, financial planning, and sourcing strategies across various business units.
The Prudent Solutions
Prudent designed and deployed a comprehensive, role-based Power BI analytics ecosystem tailored to the firm’s supply chain operations.
The solution unified data from sourcing, purchasing, invoicing, receiving, contracts, and supplier systems into a single, interactive reporting environment.
This successfully eliminated data silos and the need for manual reconciliation.
To support smarter sourcing and cost control, we created a Chemical Indices Dashboard to track price trends of critical chemicals, enabling more informed negotiations and procurement planning.
Purchasing Metrics dashboards delivered real-time insights into spend and business unit performance, while a dedicated Contracts dashboard flagged agreements nearing expiration to ensure proactive renewals.
Furthermore, a Supplier Diversity dashboard provided clear visibility into diverse supplier spend to support ESG and regulatory reporting.
To improve governance, we implemented After-the-Fact PO analysis and automated Invoice–Receipt–PO matching to strengthen the entire procure-to-pay cycle.
Business Outcomes
- Enabled faster, insight-driven decisions across all procurement operations.
- Improved organizational compliance through early detection of contract and policy gaps.
- Enhanced financial accuracy with automated invoice and receipt matching.
- Strengthened supplier oversight with real-time performance and diversity visibility.
- Reduced manual reporting effort significantly through automated and unified dashboards.
- Empowered procurement teams to transition from data gathering to strategic analytics.
Specialized Skillsets Sourced
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