TealBook x Procurement Leaders: Maximizing Procurement ROI with Good Data
In this recent webinar, TealBook & PL team explored the key components of a successful data-driven procurement strategy, including the role of Gen AI.
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Champion corporate spend initiatives.
TealBook delivers accurate spend reporting so you can quickly identify areas needing improvement and find reputable suppliers all in one cloud-based solution.
Schedule a demo
We make achieving spend goals possible.
When you’re challenged within your organization to achieve corporate spend goals and increase diversity spending, there is no time to waste manually trying to determine your current spend and searching for new suppliers. TealBook’s artificial intelligence can evaluate where your money is going and offer alternative suppliers to allow you to achieve your spend goals efficiently and on time.
Start or expand your corporate spend initiatives.
A healthy supply chain requires contributions from a variety of businesses and individuals. Easily identify and engage with current and potential alternative suppliers to build a more resilient procurement process.
Evaluate
Get full visibility into your current spend.
Achieve
Set and track aggressive spend goals.
Report
Unlock powerful insights and go further than ever before in your strategic initiatives.
We provide the supplier data you need to discover and evaluate suppliers.
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1.
Offerings
Access digestible supplier overviews and descriptions of products and services, information about a supplier’s geographic reach, NAICS codes, and suppliers with similar offerings.
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Contact Information
Easily find contact information for salespeople and executives, as well as generic inboxes if you don’t already have a point of contact. You can also quickly navigate to a supplier’s website or social media.
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Trust and Risk
Get information on a supplier’s ethical practices and sustainability efforts, as well as any connected associations, corporate relationships, and the amount of time they’ve been in business. You can also see reviews left for suppliers.
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Financial
Find tax ID numbers, corporation size, and revenue projections.
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Certifications
If a supplier has diversity, sustainability, or industry-specific certifications, you will find them listed, as well as any security or patent information.
Get deep and accurate spend insights to realize your maximum impact.
Find and engage 500K+ diverse suppliers
TealBook offers functionality dedicated to addressing underserved communities and making an economic impact. Recognized diverse supplier categories include:
- Minority Business Enterprise
- Woman-Owned Business
- Small Business Enterprise
- Veteran Business Enterprise
- Disabled Veteran Business Enterprise
- Service Disabled Veteran Business Enterprise
- LGBT Business Enterprise
- Certified Aboriginal Business
- HUB Zone Certified
- People with Disability
- Disadvantaged Business Enterprise
- Women-Led Business Enterprise
Diversity Programs
TealBook recognizes that with good supplier data and intelligence, Tier 1 diversity goals grow quickly into diversity programs. With our proprietary, 5-step machine learning process in collecting supplier data, we relieve your suppliers from annual certification validation.
Tier 2 Reporting
In addition to Tier 1 diversity goals, TealBook equips your team to quickly interact with an unlimited selection of suppliers who are participating, approving, and submitting high-level diversity spend reports in order to achieve broader Tier 2 goals. This empowers teams to reach out to as many suppliers as they choose, rather than just the highest spend percentile of suppliers.
ESG Initiatives
With more consumers placing a greater emphasis on whom an organization works with, you need to be able to find suppliers that meet ESG requirements and make your supply chain more sustainable. TealBook uses self-certification and machine learning to give you access to countless green suppliers.
“Supplier information (whether for discovery or master data management) changes with the speed of business, which right now is very fast. TealBook is the only approach built to align external dynamics with internal systems, processes, and business needs.”
Jason Busch
Founder
“TealBook takes your information and with AI, brings it to life so you have an idea of what the suppliers going to look like, and then TealBook continues to enrich it.”
Peter Retterer
Senior Commercial Director
The Trusted Source for Supplier Data™️
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Universal
Supplier Profiles
Supplier Profiles
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Supplier
Certificates
Certificates
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Data
Attributes
Attributes
Explore Use Cases
TealBook touches a variety of procurement problems and decisions. Explore more use cases to unlock even more procurement possibilities.
Thought Leadership
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
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