Diversity Reporting FAQs
Is supplier diversity reporting a mandatory practice? In the private sector,
TealBook is the supplier data foundation that unifies your systems, empowers your people, and optimizes your suppliers.
Learn MoreThere’s a data gap that exists in the procurement space. It stems from not knowing where your data is coming from or if the data you do have is trustworthy. Data practices to date have been dependent on supplier portals, manual updates, and third-party resources. At TealBook, we deliver clean data with dynamic and validated information that allows your organization to develop a strong supplier data foundation, enabling resiliency and agility.
The future of procurement depends on a robust, dynamic aggregation of clean supplier data that keeps improving over time. TealBook’s proprietary AI technology creates a cloud-based data layer that sits outside of your existing procurement systems, allowing your entire procurement stack to sit on top of a foundation of clean supplier data.
Integrate with any ERP, S2P, or niche point solution.
AI and ML replaces the need for manual data input.
Unlock powerful insights and go further than ever before in your strategic initiatives.
Manual vendor master management eats up precious manpower, time, and resources. The amount of effort needed to constantly cleanse, enrich, and maintain your vendor master is holding your procurement team back.
Learn MoreUnlike the standard, portal-based approach, suppliers are not required to enter all their information manually. Instead, our technology harvests publicly available information on the Internet and transforms it into structured, consistent supplier profiles. We then syndicate this information with other platforms, so you can update your data across many systems in one place.
learn moreGive your existing procurement technology stack a turbo boost when you connect TealBook to your S2P solution. Our automated vendor master management eliminates the risk of maintaining multiple sources of supplier data and ensures the critical vendor information those systems desperately need gets delivered on time and is up-to-date. Finally, your team is free to focus on strategic initiatives while unlocking previously missed procurement value.
Learn MoreFind more suppliers faster. Narrow your search by environmental, sustainability, and diversity accreditations, location, company size, year founded, and more. Learn everything you need to know about a supplier in one place.
learn moreNo good decision ever came from bad data. Autonomously updated data touches business decisions big and small across all business units: from seamless supplier onboarding to finding the exact right supplier to solving master data management for enterprise organizations. With a business wholly focused on procurement, we are invested in how our products improve your work.
learn moreTealBook touches a variety of procurement problems and decisions. Explore more use cases to unlock even more 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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