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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Student experience begins with procurement.
Quickly find the right suppliers to contribute to your institution’s spend and ESG goals.
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Transform your procurement processes.
University purchasing teams can use TealBook to achieve procurement excellence through the use of dynamic supplier data.
Accelerate
Access relevant supplier information to speed up decision making.
Filter
Find specific suppliers who meet requirements.
Verify
Minimize risk by knowing exactly who you do business with.
We provide trusted supplier data to help colleges and universities find 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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2.
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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3.
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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4.
Financial
Find tax ID numbers, corporation size, and revenue projections.
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5.
Certifications
If a supplier has diversity, sustainability, or industry-specific certifications, you will find them listed, as well as any security or patent information.
How TealBook Can Improve Procurement in Higher Education
Start or Expand Your Supplier Diversity Program
A healthy supply chain requires contributions from a variety of businesses and individuals. Easily identify and engage with diverse suppliers and go above and beyond to exceed your organization’s diversity spend targets.
Add Ease to Diversity Spend Reporting
Gone are the days of using spreadsheets to manually track diversity spend. TealBook’s diversity reporting allows you to see what diverse suppliers are being used across your entire institution.
Get Insight into Departmental Spend
View and analyze your corporate spend by Type, Category, Business Unit, or Country, so you can identify areas for improvement. Contribute to overall reduced operational cost by saving time on supplier searches and onboarding.
Enhance Your E-Procurement Stack
TealBook can integrate with the e-procurement technologies you already use, adding a cloud-based data layer to enable innovation and optimization.
“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 significantly increased our potential vendor pool and provides a tool for seamless communication for new bids.”
Annie O'Donnell
Procurement Generalist
“Everything they showed us… [and] was demoed on that day has come to fruition, and I really appreciate that with TealBook.”
Mary Helmick
Director of Procurement
The Trusted Source for Supplier Data™️
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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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