Diversity Reporting FAQs
Is supplier diversity reporting a mandatory practice? In the private sector,
Optimize your existing technology investments with robust, up-to-date supplier data that can power your procurement stack.
Get Startedof procurement leaders agree that being agile is more important than cost savings for their companies’ bottom line in the long run.
of procurement leaders rely on manual entry for supplier data, resulting in inefficiencies and a large strain on resources.
of procurement professionals are concerned their company isn’t in a position to leverage supplier relationships to drive innovation.
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.
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 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 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.
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.
learn moreTealBook 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 moreUnlike 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.
Data is harvested from the top 400 million websites.
Data is then validated against millions of inputs and cross referenced against thousands of data points.
Data is then enriched from thousands of additional trusted inputs to provide an holistic view of all of the supplier information.
Data is continuously monitored and analyzed using state-of-the-art machine learning techniques to proactively predict changes.
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.
TealBook touches a variety of procurement problems and decisions. Explore more use cases to unlock even more procurement possibilities.
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.
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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