No Data, No AI: Bringing AI-Powered Procurement to Life
The recent webinar on “No Data, No AI: Bringing AI-Powered Procurement
Solve master data management, work with more diverse suppliers, and everything in between.
Get Startedof procurement leaders have experienced the negative affects of bad data and misinformation.
of those surveyed cite financial losses attributed to poor data.
of surveyed professionals who use a supplier portal say they don’t trust suppliers to update their information.
Organizations need a unified source of truth for supplier data. Until now, this has been a massive challenge for procurement professionals—because supplier data is complex and ever-changing, and typical methods of maintaining it rely on manual input from suppliers across several different platforms. Companies spend millions of dollars and hours attempting to cleanse and harmonize their supplier data, but these investments are in vain with no ongoing plan for supplier data management.
TealBook’s proprietary supplier data is cross-functional and banishes siloes. By optimizing your procurement processes, you’ll create opportunities for improvement in every department of your organization.
Optimize your existing investments with robust, up-to-date supplier data that can power your procurement stack.
Every procurement journey should start with data: from a sourcing event to a huge implementation. You should never waste time manually collecting and updating data.
Your data shouldn’t be a problem or a burden but an asset. Make high-quality decisions based on high-quality data.
It feels good to do good. Change can be both big and incremental when you leverage high-quality data on sustainable and diverse suppliers.
Drive supplier-led innovation with a cloud-based data layer that leverages state-of-the-art machine learning concepts to deliver supplier data light years ahead of self-reported, manually collected and maintained data feeds.
Every journey should start with clean data. TealBook has introduced digital procurement transformation to a variety of organizations across many different industries.
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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