TealBook Launches Aime: A Gen AI Assistant Enhancing Procurement Efficiency Through Quality Supplier Data
November 14, 2024 – Toronto, ON – TealBook, the leading provider of trusted supplier data, announces the launch of Aime, a Gen AI assistant designed to help procurement teams effectively manage and scale their operations. Aime not only provides actionable insights into existing suppliers but also recommends new suppliers, offering an intuitive and contextual conversational experience that leverages the power of quality data.
Built on TealBook’s Supplier Data Platform, which now includes over 13 million verified supplier profiles, Aime helps procurement teams access trusted data that is both scalable and reliable.
Key Capabilities of Aime Include:
1. Research and Diligence: Aime empowers sourcing and category managers with expanded access to valuable supplier insights. Using intelligent prompts, Aime surfaces relevant data like news, funding updates, and analyst reports, enabling more informed, data-driven decisions.
2. Supplier Discovery: Leveraging TealBook’s comprehensive database, Aime identifies suppliers that meet unique requirements across goods, services, industry, location, and diversity status, streamlining the search with intuitive, natural language queries.
3. Supplier Comparison, Insights and Recommendations: Aime suggests both existing and alternative suppliers to help users identify the best matches for their business needs. It also recommends diverse, sustainable, and local suppliers, supporting procurement teams in meeting their enterprise’s supplier diversity goals.
4. Accelerated Supplier Decisions: Aime simplifies tasks like report generation, supplier risk profiling (SWOTs), and more, enabling teams to work efficiently and dedicate more time to strategic priorities.
With Aime, procurement teams can overcome the challenges of stale, siloed data and leverage quality, real-time supplier insights. Aime simplifies the procurement process, delivering fast, contextual answers to supplier-related questions and boosting overall efficiency.
“Gen AI needs quality data to be successful, and that’s where TealBook excels,” said Stephany Lapierre, Founder & CEO of TealBook. “Aime integrates our trusted supplier data and enterprise Gen AI capabilities to offer procurement teams smarter ways to discover and manage suppliers, ultimately improving procurement outcomes, accelerating value to the business and supporting broader business goals.”
To learn more about Aime and how it can enhance your procurement process, visit www.tealbook.com.
