TorontoTealbook has been named a 2019 Provider to Watch by Spend Matters.

Spend Matters released its 6th annual ‘50 Providers to Know/50 Providers to Watch’ lists today. The announcement was made in conjunction with the annual ISM conference, where Tealbook CEO Stephany Lapierre is a featured speaker.

This is Tealbook’s first time appearing on the prestigious list.

“We are honoured to have made the Spend Matters Providers to Watch list. We highly respect Pierre Mitchell and his team’s opinion,” says Lapierre. “Making their list further validates the relevance of our technology in bridging the data gap for procurement and suppliers to advance the procurement transformation.”

The recognition comes at a time of tremendous growth for Tealbook. The enterprise software company grew 100% in the last quarter of 2018. This success is largely based on customers’ ability to see how agile collaborative software effectively improves supplier diversity outcomes. The team has expedited their development and invested in rapidly growing a community of more than 400,000 small and diverse suppliers to meet the demand.

Tealbook’s IMPACT solution is revolutionizing supplier diversity programs to benefit supplier diversity leads, procurement champions and diverse suppliers. The offering combines the existing ENRICH and EXPLORE solutions, and empowers users to deliver a best in class supplier diversity program.

Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions. The 50 Providers to Watch/Know lists are the result of deep analysis and corroboration among all Spend Matters analysts and reflect the publication’s unbiased, independent view of the organizations to know and watch.

About Spend Matters – Solution Intelligence for Procurement

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.

About Tealbook

Tealbook empowers procurement teams with a platform that leverages advanced AI to deliver better visibility, increased accuracy and effortless analytics across the supplier base. We enable buyers and suppliers to partner in a meaningful and scalable way by bridging the gap in traditional procurement processes. Tealbook delivers on the promise of agile procurement with an engaging platform interface that puts supplier information at teams’ fingertips.

For more information, contact:
Hannah Griffin
Director of Marketing, Tealbook
(416) 523-2656

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