TealBook Report September 2024 | Page 12

TEALBOOK
improving how capital is being spent across the entire supplier portfolio .
“ Meanwhile , most procurement organisations are operating with no quality data and are making decisions based on instincts or focusing on analytics , not having the right data to deliver trusted insights ,” Stephany continues .
This is the foundation of TealBook ’ s mission – being the trusted source of supplier data to the market .
The CEO goes on : “ Quality data is foundational – it ’ s the biggest opportunity that procurement has to enable multiple teams across the organisation to access the information they need about their suppliers .”
TealBook ’ s process flowchart