Prudential Financial

Technology

Prudential Relocation offers technology solutions that enable our clients to increase their productivity and empower their associates to take control of their relocation. If you are not a client and would like more information please contact us.

Our technology strategy is organized around the following five key areas
Security, Backup and Data Privacy are Paramount
Leveraging the resources of our parent company, Prudential Financial, we are able to provide peace of mind to our clients that data, financial information and their employees personal information is highly protected and secure. The security standards around our technology are unparalleled. In the event of a disaster or other unforeseen events, we have robust business continuation plans designed to ensure there is no disruption to service delivery or breach of privacy.

Data Integration and Access
Prudential Relocation utilizes an integrated data warehouse to consolidate critical elements of every transaction. For ease of use, the information can be accessed via portals designed specifically for each user: Client Center for clients and Prudential Relocation Center for employees. (links to http://relocation.prudential.com)

Self -Service Web Sites for Client and Transferees
The following table displays the key features of our self-service web sites.

Features Benefits
Relocation Policy Information
  • Employees view their specific policy benefits
  • Employee sees only relevant portions of client's policy
Employee Initiation and Order Submission
  • Online initiation streamlines the process
Online Expense Submission
  • Employees can submit their relocation expenses online for reimbursement and view the status of their expense reports. This saves time and speeds reimbursement.
Cost Estimator
  • Clients can project relocation costs based on supplied information which allows for client-specific budget planning and expense projections.
Supplier Status Updates
  • Integration with van lines and real estate brokers to get up-to-the-minute service status without needing separate IDs, links or other connections
Employee needs assessment
  • Relocating employees have the option to communicate their relocation needs to their relocation counselor online
3-Way Message Center
  • The relocation counselor, relocating employee and client contact communicate with each other through posted notes
  • Each person can post notes as private, shared with one party, or shared by both parties enabling rapid sharing of information and chronological recording of all communications
  • Recording of all notes provides documentation of communication throughout the relocation process
Service Advice, Checklist and Online Tools
  • Using the customer's profile, the site provides information relevant to the services the employee receives including documents to be completed
  • Employees can view and print documents from their view, giving them immediate access to the contents of their welcome and contract packets and other standard forms
Customizable Timeline
  • Each timeline is generated based on data collected in the initiation process
  • The relocation counselor and relocating employee can personalize the timeline by adding items unique to the employee's situation
  • As items are completed, the employee can check them off
  • The system sends the employee weekly e-mail reminders about pending items
Client-Specific Links
  • Client-specific links allow you to identify links to products and services your relocating employees may need
  • Employees can easily take advantage of all the benefits negotiated for them, fully leveraging corporate partnerships
Domestic Destination Information
  • Through our site and links to others, we provide maps and information on lifestyles, local schools, utilities, transportation and many other features an employee and his or her family can use to research a new community
  • Our "Featured Cities" section contains detailed information about hundreds of cities in the United States and around the world
International Destination Information
  • Assignees access links to central repositories such as the CIA Fact Book and the Centers for Disease Control, and more specific resources for cultural information
U.S. Property Search
  • Employees have access to a customized national property search database, tailored to address the unique needs of relocating employees
Reference Library
  • Clients and their employees may access relocation and real estate-related information and advice on specific concerns and issues impacting their relocation programs and their moves
Client Help Desk
  • Client contacts have toll-free access to a dedicated Help Desk to assist with questions, access issues, error messages, etc.
  • Help Desk team members work with the user to identify and resolve the problem during the first contact if at all possible and they work closely with other internal teams to resolve any issues requiring further action
  • Help Desk is available Monday-Friday, 7:00 a.m.-5:00 p.m. Phoenix time. Voicemail and e-mail messages left outside these hours are acted upon the next business day
Reporting
  • The online reports in the Reporting Library allow the client contact to drill down into the number of moves, the types of service, the U.S. home sale inventory and the costs of your program including expense disbursed to your employees. The reports can be downloaded into MS Word, MS Excel or Adobe formats. Ad hoc reporting features allow users to customize their own reports.


Financial Management

The foundation of our financial platform is Oracle Financials. Our parent, Prudential Financial, has selected Oracle as the enterprise standard.

 

Innovative and Value Added Applications
Beyond the tools required to manage the day-to-day operations of your relocation program, Prudential Relocation offers innovative and value added applications.
  • Home ConnectionsSM is a voluntary benefit platform, offering access to home and move related discounts to all your employees. It is presented on a self-service Web application, which can be linked through your Intranet. This extends the value of Prudential Relocation's buying power to current and retired employees.
  • Our Proprietary e-Policy Toolbox houses the policies of over 500 corporate and government clients. This is a robust application that enables us to bring benchmarking and best practices to you. It can query information by industry segment, geographic location and individual policy component in a matter of minutes. This is designed to facilitate and expedite critical decision processes.
  • Our public website www.prudential.com/relocation, has a Resource Center, which hosts and organizes strategic advice and counsel for your relocation programs. This includes interactive, multimedia web seminars, available 24/7. In addition, you can submit questions to our team of consultants any time using the Ask a Consultant feature on our web site. Periodically, we bring together the collective knowledge and experience of our staff and client base through on line events and seminars. This underscores our commitment to develop innovative best practices through thought leadership.