Diversity Reporting FAQs
Is supplier diversity reporting a mandatory practice? In the private sector,
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agile, and socially responsible supply chain.
Optimize your existing technology investments with robust, up-to-date supplier data that can power your procurement stack.
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0%
of procurement leaders agree that being agile is more important than cost savings for their companies’ bottom line in the long run.
0%
of procurement leaders rely on manual entry for supplier data, resulting in inefficiencies and a large strain on resources.
0%
of procurement professionals are concerned their company isn’t in a position to leverage supplier relationships to drive innovation.
Why TealBook
Organizations have invested millions of dollars in e-procurement tools; yet most drastically underperform because they don’t have clean data to power them. With a business wholly focused on supplier data, our team is truly invested in our customers’ success.
We provide the supplier data you need to discover and evaluate suppliers.
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1.
Offerings
Access digestible supplier overviews and descriptions of products and services, information about a supplier’s geographic reach, NAICS codes, and suppliers with similar offerings.
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2.
Contact Information
Easily find contact information for salespeople and executives, as well as generic inboxes if you don’t already have a point of contact. You can also quickly navigate to a supplier’s website or social media.
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3.
Trust and Risk
Get information on a supplier’s ethical practices and sustainability efforts, as well as any connected associations, corporate relationships, and the amount of time they’ve been in business. You can also see reviews left for suppliers.
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4.
Financial
Find tax ID numbers, corporation size, and revenue projections.
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5.
Certifications
If a supplier has diversity, sustainability, or industry-specific certifications, you will find them listed, as well as any security or patent information.
Supplier Data
Our supplier data is what sets us apart—TealBook’s innovative use of artificial intelligence coupled with our integration capabilities allow trusted data to flow into the platforms of your choice, creating a powerful and customized technology stack that enables data-driven digital transformation.
Our Data
Our supplier data is what sets us apart—TealBook’s innovative artificial intelligence and integration capabilities allow trusted data to flow into the platforms of your choice, creating a powerful and customized technology stack and enabling data-driven digital transformation.
Our Data
Our supplier data is what sets us apart—TealBook’s innovative algorithm and integration capabilities allow trusted data to flow into the platforms of your choice, creating a powerful and customized technology stack and enabling data-driven digital transformation.
Data Integrations
TealBook is a necessary layer for getting the most from your investment in procurement technologies. By integrating our Data Foundation into your existing landscape, you can understand who your suppliers are, the current supplier market, and where you have room to innovate.
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Embedded Data Partners
TealBook embedded data partners enhance the customer experience by combining their capabilities with Tealbook’s unparalleled data to create unique experiences for joint customers. These customers enjoy a future-proofed technology stack that minimizes risk while boosting data quality and collection.
learn moreSmarter Data Creation
Unlike supplier data sources that repackage data or depend on supplier self-reporting, TealBook builds a more comprehensive and refined data set using a proprietary, 5-step process.
1. Harvest
Data is harvested from the top 400 million websites.
2. Validate
Data is then validated against millions of inputs and cross referenced against thousands of data points.
3. Enrich
Data is then enriched from thousands of additional trusted inputs to provide an holistic view of all of the supplier information.
4. Analyze
Data is continuously monitored and analyzed using state-of-the-art machine learning techniques to proactively predict changes.
5. Review
Review is exception-based, where changes can be made by the supplier. Changes made are fed into our analyze process and used for further ML coaching.
Explore Use Cases
TealBook touches a variety of procurement problems and decisions. Explore more use cases to unlock even more procurement possibilities.
Protecting our customers’ data.
As a data company, we know that trust is paramount. At TealBook, we utilize enterprise-grade best practices to protect our customers’ data.
Continuous Security Control Monitoring
Drata’s automation platform is used to continuously monitor 100+ internal security controls across the organization against the highest possible standards. Automated alerts and evidence collection allows us to confidently prove our security and compliance posture any day of the year, while fostering a security-first mindset and culture of compliance across the organization.
Employee Trainings
Security is a company-wide endeavor. All employees complete an annual security training program and employ best practices when handling customer data.
Data Encryption
Data is encrypted both in-transit using TLS and at rest.
Thought Leadership
Unleash procurement possibilities.
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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