TealBook : Setting a new benchmark for supplier data quality
TealBook : Setting a new benchmark for supplier data quality
Stephany Lapierre , Founder and CEO , explains how Tealbook uses AI to autonomously gather , verify and enrich supplier data across existing applications .
Stephany Lapierre founded TealBook with a strong conviction that poor-quality data hinders procurement teams ’ ability to drive efficiency and deliver actionable insights . Now , as TealBook ’ s CEO , Lapierre and her team leverage technologies – such as machine learning ( ML ) and artificial intelligence ( AI ) – to help enterprise organisations access a single , trusted source of supplier data .
“ Procurement teams need accurate data in a consistent and easily accessible way ,” Lapierre says . “ If businesses have better data , their systems will produce better outcomes and , ultimately , procurement will have more value within an organisation .
“ It wasn ’ t until 2017 , when I met TealBook ’ s first CTO , that I realised we could achieve this without suppliers having to come to a portal . We could , in fact , build on Google to leverage some of the models , to then find information on businesses and make sense of it in a profile that procurement can consume .”
TealBook enables organisations to efficiently centralise their supplier data , consolidating fragmented records from different sources into one comprehensive supplier record . With the Supplier Data Platform ( SDP ), TealBook utilises AI to autonomously collect , verify and enrich supplier data , promoting transparency and delivering actionable insights to procurement teams and the overall business .
Uncomplicating Supplier Data Management TealBook pioneered the utilisation of AI technology to gather and enhance supplier data , transforming the way procurement teams collect and manage vital information .
TealBook ’ s relationship with VISA Over time , TealBook has cultivated a robust partnership with VISA , a leading global financial services company .
“ Empowered by high-quality , trusted supplier data , large enterprises are able to drive financial prosperity while shaping a positive impact on our world ,” Lapierre says . “ They have the opportunity and responsibility to leverage their buying power , aligning it with their commitment to sustainability and social responsibility .”
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