Tealbook: a company profile

By Helen Adams
Supplier data foundation Tealbook powers e-procurement technology, drives supplier diversity & enables supplier performance. Here's how the business works

Founded in Toronto, Canada, in 2012, Big Data company Tealbook offers customers efficient e-procurement tools.

Founder and CEO Stephany Lapierre aims to provide a ‘Trusted Source of Supplier Data’ for the expanding eProcurement sector. She was recently recognised as one of the Top 100 Most Influential Women in Supply Chain


Tealbook’s e-procurement tools and protecting customer data

The Tealbook team has discovered that:

  • 96% of procurement leaders agree that being agile is more important than cost savings 
  • 57% of procurement leaders rely on manual entry for supplier data, which is an inefficient process and a strain on resources
  • 74% of procurement professionals are concerned their company isn’t in a position to leverage supplier relationships to drive innovation

Many e-procurement tools underperform as they are not powered by clean data. In addition to seeing positive growth from their customers' businesses, the Tealbook team is sharply focused on accurate supplier data - and data security. 

TealBook utilises enterprise-grade best practices to defend customer data from those who would try to steal it and each employee receives annual security training.


Data foundation of the e-procurement ecosystem at Tealbook




Featured Articles

How Ivalua and Visa Will Unlock Capital within Supply Chains

Ivalua and Visa join forces to create new efficiency in spend management offering secure and efficient payment solutions via the cloud

AWS Marketplace: Streamlining Software Solutions

AWS Marketplace simplifies procurement for public sector organisations, offers compliance support & prevents vendor lock-in, revolutionising cloud services

Keith Hartley, LevaData CEO, on Philosophy and Procurement

Keith Hartley, CEO at LevaData, discusses how the first principles philosophy and design thinking can revolutionise procurement processes

Mars Snacking's Amanda Davies joins P&SC LIVE New York


Coupa Software’s Mike Schanker joins P&SC LIVE New York

Procurement Strategy

ServiceNow’s Kirsten Loegering joins P&SC LIVE New York

Supply Chain Management