TealBook touches procurement decisions, big and small.

Solve master data management, work with more diverse suppliers, and everything in between.

Get Started
solutions hero
0%

of procurement leaders have experienced the negative affects of bad data and misinformation.

0%

of those surveyed cite financial losses attributed to poor data.

0%

of surveyed professionals who use a supplier portal say they don’t trust suppliers to update their information.

The Supplier Data Problem

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.

By Use Case

  1. Vendor Master Data Management

    Teal iQ analyzes vendor master data against TealBook’s trusted supplier data consisting of 13 million supplier profiles (and counting), and rapidly generates a detailed report. Teal iQ consists of two phases:

    • Phase 1 – Diagnosis: The first phase provides a diagnosis of the organization’s vendor master data quality, including a breakdown of the gaps that reside, like missing attributes, non-suppliers, and duplicates.
    • Phase 2 – Enrichment: The second phase quickly matches an organization’s vendor master data to the right supplier entity, and enriches it with missing attributes, such as address, employee numbers, size, company size, and NAICS codes. Teal iQ also enhances your organization’s data with up-to-date diversity certificates, including their classification and expiration dates.
  2. Supplier Data Platform

    TealBook optimizes your existing investments with robust, up-to-date supplier data that can power your procurement stack.

    read more
    Illustration of TealBook Spend dashboard
  3. Supplier Discovery

    Enable supply-side innovation through rapid and filterable supplier discovery.

    read more
    TealBook platform Illustration of pie chart and corporate spend
  4. Tier 1 Supplier Diversity

    Manage or expand your Supplier Diversity Program, maximize diversity spend, and identify diverse suppliers.

    read more
    Tier 1 Supplier Diversity min
  5. Tier 2 Supplier Diversity

    Recognize the impact of your spend with vendors who do business with diverse suppliers.

    read more
    Tier 2 Supplier Diversity min
  6. ESG Reporting

    Get a head start on ESG initiatives by searching for suppliers by sustainability certifications.

    read more
    Supplier discovery min

By Team

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.

procurement

Procurement

Optimize your existing investments with robust, up-to-date supplier data that can power your procurement stack.

procurement

Information Technology

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.

procurement

Finance

Your data shouldn’t be a problem or a burden but an asset. Make high-quality decisions based on high-quality data.

procurement

Corporate Social Responsibility

It feels good to do good. Change can be both big and incremental when you leverage high-quality data on sustainable and diverse suppliers.

procurement

Innovation

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.

By Industry

Every journey should start with clean data. TealBook has introduced digital procurement transformation to a variety of organizations across many different industries.

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.

GET A DEMO
man with tablet