TEALBOOK created a way that customers can selfserve how they ’ re able to load , process , normalise , match and enrich their vendor master in minutes ,” Stephany says . “ And they can do this whenever they need it .” This removes the need to depend on manual processes or thirdparty providers and wait to get cleansed and enriched vendor data .
• Control . “ Procurement teams want more control , visibility and to be able to syndicate the data they choose and trust across their entire source-to-pay ecosystem ,” says Stephany . “ So we ’ ve built a really easy way for customers to consume the data via API or they can even export and flat file when they need it .”
The ethos behind TealBook is clear – quality data first . And , as procurement technologies continue to evolve , TealBook ’ s focus on quality data remains the same .
Reimagining procurement with Gen AI The future of TealBook is AI-driven and centres on its recent collaboration with Google , aimed at bringing the power of Gemini to procurement .
The collaboration focuses on using TealBook as the data foundation and combining it with Gemini , Google ’ s Gen AI technology , to help procurement teams find insights into suppliers and source new ones .
“ In combining the two elements , we give customers access to contextual and high-quality relevant information about suppliers that they can quickly digest and use for conversations for decision making ,” Stephany explains .
The new application has also allowed TealBook clients to identify similar suppliers based on their requirements and to do more with the information , including collaborating with stakeholders to achieve a much faster , better business outcome .
“ We ’ re positioning this Gen AI app as the ‘ intern for sourcing ’ because it will help sourcing managers get the information they need with more trusted data to deliver the best possible insight – and then accelerate the time to value to be able to help the business move faster ,” Stephany says .
“ We ’ re looking at this Gen AI app as an opportunity to improve it , to make it even more valuable over time and really help sourcing managers focus on more strategic things and then leverage their ‘ intern ’ to make those decisions .”
The team has prioritised flexibility in the app , allowing it to be used within TealBook ’ s app , but also as an embedded function in Microsoft Teams , Slack or any other regular workflow that TealBook clients may already be using .
Stephany concludes : “ Using data quality from TealBook combined with the infrastructure and the technology of Google allows us to build a best-inclass Gen AI app that will deliver real , meaningful business outcomes for procurement organisations .” www . tealbook . com 15