As Brazil’s largest independent oil and gas producer, PRIO has rapidly scaled from 6,000 to 100,000 barrels per day since 2015, reaching an $8 billion market cap. This growth, however, introduced challenges for its audit department, especially with managing complex supply chains and ensuring compliance across its expanding network.
Manual audit processes, including random sampling of purchase orders, were no longer feasible with 38,000 orders and 900,000 journal entries. By adopting Teradata VantageCloud Lake on Azure, PRIO now leverages a centralized, cloud-native analytics platform that enables full data analysis. This transformation allows PRIO to reduce risk, ensure compliance, and unlock valuable insights that drive business growth.
"With VantageCloud Lake, we can now analyze all our data, reducing risk and improving compliance," says Alex Mendonça, Head of Internal Audit at PRIO. Learn more: http://ms.spr.ly/6040UIaiY