2020 has been a testing year for everybody, but it’s also been a busy one for Porge. Our Illuminator team have worked through well over 14 million invoices to provide the most accurate and up-to date source of public sector spend data available, while our Prospector team have provided our clients with early insight into around 1600 potential public sector procurement opportunities.
We were also incredibly proud to be able to support local authorities in their admirable response to the Covid-19 pandemic. Porge data is at the heart of Oxygen Finance’s Supplier Resilience Services, which have helped councils to protect their local economy by providing a targeted identification and recommendation process for their small, local and most “at risk” suppliers, whilst in the summer the LGA stated that Porge services had “proved an invaluable tool” in helping to focus its support offer to councils during the pandemic.
Another proud moment for Porge was the recent publication by EY and Oxygen Finance of the Local Government Third Party Spend 2019/20 Almanac, which is driven by Porge’s Illuminator spend analysis system and provides a unique look into the spending behaviours of councils over the previous three financial years.
We were also delighted to welcome a number of new clients from both the public and private sectors, with more people now benefitting from our public sector market insight services than ever before and a range of fresh product developments planned for 2021.
Chief Executive Ben Jackson said:
“It really has been an extraordinary year. We have observed first hand our public sector clients perform heroics and we are collectively grateful. The landscape in public sector continues to evolve at pace and never before have suppliers to the sector been more critical. In times of crisis the absolute need for robust supply chains, strong supplier relationships and competitive marketplaces really come to the fore.
“The Insight Services products we are proud to offer will be enhanced and improved again during 2021 responding directly to customer requirements. The enhancements will ensure we are able to continue to provide unparalleled insight and deeper integration to publicly available information.
“On behalf of myself and the team at Oxygen Finance, I’d like to thank all our customers for their continued support.”
On behalf of everyone at Porge, we wish you a very merry Christmas and a happy and prosperous New Year!