Tealbook
UnclaimedThe most trusted source for verified supplier data, powering procurement decisions.
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TL;DR - Tealbook
- Unifies and enriches supplier data using AI for a single source of truth.
- Automates cleansing, de-duplication, and continuous updates of vendor master records.
- Integrates with existing procurement systems to power data-driven decisions and improve compliance.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Significantly reduces manual effort for supplier data management and cleansing.
- Provides a highly accurate and continuously updated single source of truth for supplier data.
- Enhances strategic decision-making in sourcing, spend analysis, risk management, and compliance.
- Improves ROI on existing procurement systems by feeding them trusted data.
- Supports supplier diversity and ESG initiatives with verifiable data.
Cons
- Requires integration with existing procurement systems, which may involve initial setup.
- The full benefits are realized with a commitment to leveraging the enriched data across the organization.
Key Features
Legal entity resolution to identify correct business entities and eliminate duplicatesCorporate hierarchy mapping to understand supplier family treesAI-powered cleansing and enrichment of over 30 key supplier attributes (e.g., tax IDs, industry classifications, diversity certifications)Continuous data updates and refreshes without manual interventionSeamless integration with existing procurement systems (e.g., SAP Ariba, Coupa SIM, Oracle)Access to over 225 million global supplier profilesProvenance and verification of supplier data against government databases and legal registriesTeal iQ for vendor master data quality diagnosis and enrichment
Pricing
Paid
Tealbook offers paid plans. Visit their website for current pricing details.
About Tealbook
By Toolradar Team·
TealBook is an AI-powered supplier data platform that transforms fragmented supplier records into a trusted, unified data source. It is designed for procurement organizations that struggle with unreliable vendor master data, duplicate records, and manual data cleansing processes. By leveraging legal entity resolution, hierarchy mapping, and continuous data enrichment, TealBook provides a reliable data foundation for strategic procurement decisions.
The platform automatically collects, verifies, and distributes supplier data across existing systems like SAP Ariba, Coupa SIM, and Oracle. This enables organizations to improve operational efficiency, enhance negotiating power, strengthen supplier relationships, and accelerate strategic initiatives by ensuring accurate and continuously updated supplier information. TealBook helps procurement, finance, and IT teams make data-driven decisions, manage risk, and ensure compliance with a comprehensive view of over 225 million global supplier profiles.
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Tealbook FAQ
How does TealBook ensure the accuracy and trustworthiness of its 225M+ supplier profiles?
TealBook ensures accuracy through legal entity resolution, registry validation, and hierarchy mapping. Each supplier profile includes a clear source trail and is validated against documentation from jurisdictions, government databases, and legal registries, providing complete transparency into the data's origin and verification process.
Can TealBook integrate with our existing ERP and S2P systems, and how does it handle data routing?
Yes, TealBook is designed for seamless integration with major procurement systems like SAP Ariba, Coupa SIM, and Oracle. It continuously enriches, refreshes, sanitizes, and normalizes supplier data, routing this trusted information across all your connected systems, whether it resides in an ERP, S2P, or a data lake.
What specific types of attributes does TealBook enrich supplier profiles with, beyond basic contact information?
Beyond basic contact information, TealBook enriches supplier profiles with over 30 key attributes. These include tax IDs, industry classifications (like NAICS codes), diversity certifications (with classification and expiration dates), employee numbers, company size, and sustainability certifications for ESG reporting.
How does TealBook address the challenge of duplicate supplier records, especially with variations in names or addresses?
TealBook automatically identifies and merges duplicate supplier records into a single, complete profile. It leverages legal entity resolution and verified government and commercial data to eliminate inconsistencies arising from name variations, address mismatches, and duplicate IDs, ensuring a clean and unified vendor master.
What is Teal iQ, and how does it differ from the continuous data enrichment provided by the Supplier Data Platform?
Teal iQ is a specific solution for vendor master data management that provides a diagnostic report of an organization's existing vendor master data quality, identifying gaps, non-suppliers, and duplicates (Phase 1). It then enriches this data with missing attributes and matches it to the correct supplier entities (Phase 2). While the Supplier Data Platform offers continuous, ongoing enrichment, Teal iQ provides an initial, rapid assessment and clean-up of existing master data.
Source: tealbook.com