A circular diagram showing five key steps in data management surrounding the TealBook logo at the center. The five steps are: Match (represented by a magnifying glass with data lines on a blue background), Consolidate (a folder and flowchart icon on a teal background), Enrich (a spreadsheet icon on a turquoise background), Hierarchy Mapping (an ID card icon on a yellow background), Clean (a cleaning bucket icon on a gray background). These icons visually represent stages in the process of transforming and managing supplier data.
News

TealBook Unveils Legal Entity-Based Supplier Data Model

By TealBook

New architecture enables mid-to-large enterprises to resolve duplicate vendors, unify supplier hierarchies, and enrich records at scale.

TORONTO – June 3, 2025 — Supplier data has long been a hidden obstacle for mid to large enterprises. Fragmented records, duplicate vendors, and siloed systems create costly inefficiencies that affect not just procurement, but finance, compliance, supply chain, and risk. Today, TealBook announces a significant advancement in solving this problem with the launch of its legal entity-based supplier data model, an AI-powered architecture that structures supplier data with precision, scale, and continuous enrichment.

This release comes as companies face increasing pressure to automate back-office processes, respond to shifting market dynamics (e.g., tariffs, new government policies, regulatory pressures), and integrate AI and analytics platforms that depend on high-quality, reliable data. TealBook’s new model delivers a structured, system-agnostic foundation that supports these goals by consolidating supplier data at the legal entity level and mapping complex corporate relationships.

“Too many transformation efforts stall because teams don’t have a consolidated, reliable and more complete view of their supplier data,” said Stephany Lapierre, Founder and CEO of TealBook. “Our model solves that foundational problem, so organizations can move faster, make smarter decisions, and realize more value from their existing systems.”

This data foundation is particularly critical during ERP migrations, vendor master cleanups, and procurement system consolidations, which are common points where organizations uncover the full extent of their supplier data gaps. Without a centralized, enriched view of suppliers, even best-in-class tools like SAP, Oracle, and Coupa struggle to deliver on their promise.

TealBook’s model addresses these challenges head-on with scalable capabilities designed to support data transformation and long-term automation strategies.

Key Capabilities:

  • Verified legal entity foundation:
    Covers 228M+ entities across 145+ jurisdictions, enriched with registry-level names, aliases, addresses, statuses, company types, and officers.
  • Powerful entity resolution and matching engine:
    Flexible tools increase match rates, reduce duplication, and accelerate time to value, all while supporting MDM and golden record initiatives.
  • Firmographic enrichment & classification:
    NAICS codes, business descriptions, goods/services coverage, and digital footprint to support segmentation and strategic sourcing.
  • Corporate hierarchy mapping:
    Parent-child and affiliate structures reveal spend concentration, supplier risk, and relationship insights across business units.
  • Continuously refreshed profiles:
    Automated updates keep supplier data current, ensuring all downstream systems operate from a trusted source of truth.
  • System-ready data for ERP, procurement, and MDM tools:
    Built to integrate with SAP, Oracle, Coupa, and other platforms to amplify return on technology investments.

TealBook’s new data model represents the next evolution of TealBook’s data platform, designed to deliver the confidence, auditability, and quality enterprises need to support AI initiatives, analytics, compliance requirements, and cross-functional reporting dependent on supplier data.

About TealBook

TealBook provides an AI-powered supplier data foundation designed for the scale and complexity of enterprise procurement. By structuring supplier information at the legal entity level and enriching it with data from verified business registries, TealBook helps organizations eliminate duplication, enhance visibility, and make more informed decisions across sourcing, compliance, and risk. Its platform supports leading procurement systems like SAP, Coupa, and Oracle ERP, helping teams get more from their existing tools through more reliable supplier data.

For inquiries, email: mkt@tealbook.com

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Whether you’re looking to maximize diversity spend, optimize supplier diversification, or identify emergency sourcing options, the best available supplier data makes all the difference.

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