{"id":410494,"date":"2021-01-07T09:23:10","date_gmt":"2021-01-07T14:23:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410494"},"modified":"2021-01-07T09:23:10","modified_gmt":"2021-01-07T14:23:10","slug":"jaggaer-and-tealbook-team-up-to-give-procurement-professionals-fast-access-to-reliable-supplier-data","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jaggaer-and-tealbook-team-up-to-give-procurement-professionals-fast-access-to-reliable-supplier-data\/","title":{"rendered":"JAGGAER and Tealbook Team up to Give Procurement Professionals Fast Access to Reliable Supplier Data"},"content":{"rendered":"

\nPartnership provides JAGGAER customers with powerful supplier discovery, diversity insights and data enrichment and relieves the administrative burden on suppliers.
\n<\/h2>\n
\n

RESEARCH TRIANGLE PARK, N.C. and MOUNTAIN VIEW, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) — JAGGAER<\/u><\/a>, the leading independent spend management company, and Tealbook<\/u><\/a> Inc.<\/u><\/a>, the \u201cTrusted Source of Supplier Data\u201d, today announced a new partnership to provide enriched supplier data for JAGGAER customers through access to Tealbook\u2019s Supplier Intelligence Platform. The collaboration enables JAGGAER\u2019s customers to find new suppliers and access accurate and comprehensive supplier information, including diversity status, compliance, certifications and more, providing JAGGAER with a competitive advantage over other portal-based supplier information, community insights and networks that come with traditional S2Ps.<\/p>\n

Access to accurate supplier data is a huge challenge for most enterprises, hindering decision-making, innovation and resilience. Through this unique partnership, JAGGAER customers will have access to autonomously enriched supplier data tagged with diversity status, compliance and certifications linked to suppliers\u2019 profiles within Tealbook\u2019s Supplier Intelligence Platform. This collaboration will also enable JAGGAER customers to automate supplier profiles, removing the dependency on suppliers to update their information. Suppliers will have their profiles self-maintained in Tealbook as a complement to the JAGGAER portal.<\/p>\n

\u201cAccess to Tealbook data, which is updated continuously and autonomously through machine learning technology, will allow JAGGAER customers across multiple vertical industries to make better decisions about suppliers faster and more easily than ever,\u201d commented Jim Bureau, CEO, JAGGAER.<\/p>\n

\u201cMany of our customers are currently exploring options to diversify their mix of suppliers for a number of reasons, including the need to reduce risk, especially in response to the pandemic, and the pursuit of environmental, social, and corporate governance (ESG) objectives. Partnership with Tealbook will give customers the confidence to respond quickly to changes and opportunities by moving reliable supplier data to upstream decision-making processes. More broadly, these capabilities are yet another step forward in our march toward fully autonomous procurement, relieving both buying organizations and suppliers of the onerous burden of manual data updates,\u201d Bureau added.<\/p>\n

Longer term, JAGGAER and Tealbook will set out a roadmap for full integration of their respective software platforms.<\/p>\n

Tealbook\u2019s supplier data foundation offers an innovative and easy-to-implement approach to autonomously gathering and validating supplier information from over 400 million websites and 600 data sources. The platform helps organizations avoid supply disruptions in times of crisis, support strategic objectives like increasing spend with diverse suppliers and improve the quality and savings from strategic sourcing, especially in new categories where there is less knowledge of the market.<\/p>\n

\u201cEven with millions of dollars of investments in cloud S2P solutions, 93%* of supply chain and procurement executives are experiencing negative impacts to their business on a regular basis due to misinformation and poor supplier data,\u201d commented Stephany Lapierre, CEO of Tealbook. \u201cThis includes financial loss, delayed timelines and projects, unhappy internal and external customers, termination of supplier relationships and more. The solution is Tealbook, a trusted data foundation that can be leveraged by eProcurement solutions to ensure these investments are successful.\u201d<\/p>\n

\u201cWe are thrilled to partner with JAGGAER to enhance JAGGAER ONE\u2019s Spend Management Platform with the power of AI generated supplier data and our advanced supplier network,\u201d Lapierre added. \u201cThis collaboration will allow JAGGAER customers to enhance supplier data and gain access to their entire supplier base, reducing the need for data enrichment services and dependency on suppliers to enrich and maintain portals. This partnership will enable JAGGAER customers to better utilize the spend management platform to create real-time access to their entire supplier base while expanding their vendor data to quickly identify suppliers that meet their requirements, gaining intelligence, speed and agility.\u201d<\/p>\n

\n *Source: Wakefield Research<\/em>\n <\/p>\n

\n About JAGGAER: Procurement Simplified<\/strong>\n <\/p>\n

JAGGAER is the world\u2019s largest independent spend management company, connecting customers to a network of 4 million suppliers in 70 countries, served by offices located in\u00a0the Americas, APAC, Asia and EMEA. JAGGAER offers end-to-end SaaS-based procurement solutions, including advanced Spend Analytics, Category Management, Supplier Management, Sourcing, Contracts, eProcurement, Invoicing, Supply Chain Management and Inventory Management. These\u00a0all reside on a single platform, JAGGAER ONE. JAGGAER has pioneered spend solutions for more than two decades and continues to lead the innovation curve by listening to customers and\u00a0stakeholders in all industry sectors, public services and academia. JAGGAER holds 37\u00a0patents \u2013 more than any other spend management company.<\/p>\n

\n JAGGAER Media Contact<\/strong>\n <\/p>\n

Abigail Holmes
Corporate Ink for JAGGAER
jaggaer@corporateink.com<\/a>
<\/a> +1 617.969.9192<\/p>\n

\n About Tealbook<\/strong>\n <\/p>\n

Tealbook is a Big Data company that provides a platform to fix enterprise supplier data forever. Tealbook does this through proprietary Autonomous Data Enrichment technology which proactively captures and maintains changing supplier information. In addition, Tealbook provides a data foundation that can be leveraged by other eProcurement solutions to ensure these larger investments are successful. Tealbook has been adopted by Fortune 100 companies across multiple sectors and is the winner of many prestigious awards including Spend Matters 50 Vendors to Watch, Gartner\u2019s Cool Vendor, CIX Most Innovative Company and Most Upside Potential by C100. Tealbook\u2019s mission is to deliver a \u2018Trusted Source of Supplier Data\u2019 to an ever-growing procurement space. For more information, visit\u00a0www.tealbook.com<\/u>.<\/p>\n

\n Tealbook Media contact:<\/strong>\n <\/p>\n

Carin Warner
carin@tealbook.com<\/a><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Partnership provides JAGGAER customers with powerful supplier discovery, diversity insights and data enrichment and relieves the administrative burden on suppliers. RESEARCH TRIANGLE PARK, N.C. and MOUNTAIN VIEW, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) — JAGGAER, the leading independent spend management company, and Tealbook Inc., the \u201cTrusted Source of Supplier Data\u201d, today announced a new partnership to provide enriched supplier data for JAGGAER customers through access to Tealbook\u2019s Supplier Intelligence Platform. The collaboration enables JAGGAER\u2019s customers to find new suppliers and access accurate and comprehensive supplier information, including diversity status, compliance, certifications and more, providing JAGGAER with a competitive advantage over other portal-based supplier information, community insights and networks that come with traditional S2Ps. Access to accurate supplier data is a … <\/p>\n

Continue reading “JAGGAER and Tealbook Team up to Give Procurement Professionals Fast Access to Reliable Supplier Data”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410494","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nJAGGAER and Tealbook Team up to Give Procurement Professionals Fast Access to Reliable Supplier Data - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jaggaer-and-tealbook-team-up-to-give-procurement-professionals-fast-access-to-reliable-supplier-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JAGGAER and Tealbook Team up to Give Procurement Professionals Fast Access to Reliable Supplier Data - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Partnership provides JAGGAER customers with powerful supplier discovery, diversity insights and data enrichment and relieves the administrative burden on suppliers. RESEARCH TRIANGLE PARK, N.C. and MOUNTAIN VIEW, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) — JAGGAER, the leading independent spend management company, and Tealbook Inc., the \u201cTrusted Source of Supplier Data\u201d, today announced a new partnership to provide enriched supplier data for JAGGAER customers through access to Tealbook\u2019s Supplier Intelligence Platform. The collaboration enables JAGGAER\u2019s customers to find new suppliers and access accurate and comprehensive supplier information, including diversity status, compliance, certifications and more, providing JAGGAER with a competitive advantage over other portal-based supplier information, community insights and networks that come with traditional S2Ps. 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