TealBook has been selected as a Cool Vendor in Gartner’s April 2018 Cool Vendors in Strategic Sourcing Applications, 2018.
TealBook is among four recipients of this recognition, selected in the category of supply base management in procurement and sourcing technology.
“We believe being recognized by Gartner and listed on The Cool Vendor List is an honor and validates the relevance of our technology based on procurement’s priorities as well as the value of filling an important unmet need that is critical to procurement’s digital transformation,” says TealBook CEO and Founder Stephany Lapierre.
From the report: “The 2018 Cool Vendors report for strategic sourcing applications focuses on vendors with unique and innovative solutions for leveraging artificial intelligence (AI) to augment sourcing complex tasks. The technology solutions of the highlighted vendors in this report bring a refreshingly new, disruptive approach to solving age-old problems.”
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TealBook uses AI technology to increase the speed, trust, and quality of supplier related decisions. With its social media-like interface, TealBook delivers real-time relevant supplier information to all users across the organization from one place. By upgrading supplier data from traditional static systems, TealBook automates, optimizes, enriches, and expands supplier information while making it easily accessible. TealBook significantly reduces the cost and effort required to maintain and access the supplier information so critical to procurement’s ability to meet enterprise demand for speed and agility. With TealBook, procurement teams can easily rationalize their supplier base and accelerate the discovery of relevant new, innovative, and diverse suppliers, and improve the visibility and efficiency of global shared services. TealBook can also enable innovation with existing partners and so much more. TealBook is the platform for scaling procurement and moving it into the future.