About
TealBook is the most trusted source for supplier data, purpose-built for enterprise procurement teams that depend on accurate, complete vendor records to drive sourcing, compliance, and spend analysis decisions. At its core, TealBook is a dynamic supplier data platform that collects from over 225 million global supplier profiles, verifies each record through AI-powered legal entity resolution, and continuously enriches profiles with over 30 key attributes—including tax IDs, industry classifications, and diversity certifications. The platform addresses the root cause of poor procurement performance: unreliable vendor master data. By resolving each supplier to its correct legal business entity and mapping full corporate family trees, TealBook eliminates duplicate records, improves sourcing leverage, and provides the data foundation necessary for spend analytics, supplier diversity programs, and risk management. TealBook integrates seamlessly with existing procurement infrastructure, including SAP Ariba, Coupa SIM, Oracle, JAGGAER, GEP, and Ivalua, pushing enriched supplier data directly into the systems teams already use. Unlike one-time data cleansing projects, TealBook delivers continuous updates so the vendor master stays accurate without manual intervention. The platform is designed for procurement leaders, data teams, and finance organizations across industries including financial services and manufacturing. Customers like Kraft Heinz have reported saving nearly $1 million per year in data maintenance costs. TealBook's TealBook Labs community also offers exclusive supplier data resources and thought leadership for procurement professionals.
Key Features
- Legal Entity Resolution: Identifies and verifies the correct business entity behind each supplier record, eliminating duplicates and ensuring every vendor is matched to its true legal identity.
- Corporate Hierarchy Mapping: Maps full corporate family trees (parent-subsidiary relationships) across your supplier base to improve sourcing leverage and spend consolidation.
- AI-Powered Data Enrichment: Automatically standardizes supplier records and fills in 30+ key attributes including tax IDs, industry classifications, and diversity certifications from a global database of 225M+ profiles.
- Seamless Procurement System Integration: Pushes enriched, verified supplier data directly into SAP Ariba, Coupa SIM, Oracle, JAGGAER, GEP, and Ivalua without disrupting existing workflows.
- Continuous Automated Updates: Keeps supplier records accurate and current on an ongoing basis—eliminating costly one-time data cleansing projects and manual maintenance cycles.
Use Cases
- Cleansing and deduplicating a bloated vendor master to reduce maintenance costs and improve data accuracy for procurement operations.
- Mapping corporate hierarchies across a global supplier base to consolidate spend, negotiate better terms, and improve sourcing leverage.
- Enriching supplier records with diversity certifications and classifications to support corporate supplier diversity initiatives and reporting.
- Integrating verified supplier data into SAP Ariba or Coupa to power more accurate spend analytics and supplier risk assessments.
- Providing a single trusted source of supplier truth across finance, procurement, and compliance teams to align organizational decision-making.
Pros
- Significant Cost Savings: Customers like Kraft Heinz report saving nearly $1M per year in data maintenance costs by eliminating manual vendor master clean-up work.
- Deep Procurement System Integration: Native connectors with leading platforms like SAP Ariba and Coupa mean enriched data flows automatically into tools teams already use.
- Global Scale: Access to over 225 million supplier profiles globally provides broad coverage for even the most complex, multinational supply chains.
- Continuous Data Freshness: Ongoing automated enrichment ensures the vendor master stays accurate without periodic project-based interventions or manual updates.
Cons
- Enterprise-Focused Pricing: TealBook is designed for large procurement organizations and is unlikely to be cost-effective for small or mid-sized businesses.
- Implementation Complexity: Integrating with multiple existing procurement systems (ERP, SIM, etc.) may require significant IT and procurement change management effort.
- Limited Transparency on Pricing: No self-serve pricing is publicly available; prospective customers must contact sales for a quote, extending the evaluation process.
Frequently Asked Questions
What is legal entity resolution and why does it matter?
Legal entity resolution is the process of identifying and verifying the exact registered legal business behind each supplier record in your vendor master. It matters because many procurement systems contain duplicate or mismatched records for the same supplier, leading to split spend, compliance gaps, and inaccurate reporting. TealBook resolves every record to its verified legal entity to eliminate these problems.
Which procurement systems does TealBook integrate with?
TealBook integrates with major procurement and ERP platforms including SAP Ariba, Coupa SIM, Oracle, JAGGAER, GEP, Ivalua, and EcoVadis. Enriched supplier data is pushed directly into these systems so teams don't have to change their existing workflows.
Is TealBook a one-time data cleansing service or an ongoing platform?
TealBook is an ongoing data platform, not a one-time project. It continuously collects, verifies, and enriches supplier data so your vendor master stays accurate without periodic manual clean-ups or external consulting engagements.
What supplier attributes does TealBook enrich?
TealBook enriches supplier records with over 30 key attributes, including tax IDs, DUNS numbers, industry classifications (NAICS/SIC), diversity certifications, corporate hierarchy linkage, contact information, and more—sourced from its global database of 225M+ profiles.
How does TealBook support supplier diversity programs?
TealBook enriches supplier profiles with verified diversity certifications (e.g., minority-owned, women-owned, veteran-owned) and maps corporate hierarchies to accurately identify tier-1 diverse suppliers. This provides the data foundation required for accurate diversity reporting and spend tracking.
