JAGGAER Extends Autonomous Commerce Offerings With Automated Access to TealBook Trusted Supplier Data

Partnership helps organizations to mitigate supply chain risk while achieving supplier diversity objectives

JAGGAER, the global leader in Autonomous Commerce, and TealBook, the world’s leading provider of dynamic supplier data, have finalized a partnership that gives JAGGAER customers automated access to trustworthy data on global suppliers, at scale.

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“Enterprises are scrambling to reduce their exposure to supply chain disruptions”

Using artificial intelligence, TealBook gathers, predicts, and refines supplier data to build the world’s most comprehensive source of supplier intelligence. Through its integration with TealBook, JAGGAER can intelligently identify and recommend suppliers that are most closely aligned with buyers’ needs. These smart-match recommendations are a cornerstone of Autonomous Commerce.

“Enterprises are scrambling to reduce their exposure to supply chain disruptions,” said Jim Bureau, CEO of JAGGAER. “By providing our customers with quick and easy access to alternative sources of supply, realized through our integration with TealBook, we help them mitigate those risks. Simultaneously, by factoring environmental, social, and governance (ESG) qualifications into our supplier smart-match recommendations, we’re helping customers to achieve their supplier diversity objectives.”

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“By combining TealBook’s data with JAGGAER’s leading S2P platform, we are eliminating the complexities and time-consuming tasks associated with disparate supplier updates,” said TealBook CEO Stephany Lapierre. “This will free up procurement and supply chain professionals’ time to focus on strategic planning and decision-making, which is a central goal of Autonomous Commerce.”

TealBook artificial intelligence software harvests supplier data from over 600 million websites, then validates it against millions of inputs and data points, and finally puts it through an exception-based, automated review process.

Thanks to this technology, JAGGAER customers now have access to enriched supplier data, including data autonomously tagged with diversity status and certifications, all within TealBook’s Supplier Data Platform. The collaboration automates the maintenance of supplier profiles, removing dependency on suppliers to update their information.

Beyond driving efficiency improvements, continuously updated supplier data from TealBook helps JAGGAER customers reduce supplier risk. Out-of-date supplier information is a liability. When supplier data becomes stale, procurement is not the only team at risk. Sales, finance, operations, and other cross-functional departments can also be hindered and exposed.

JAGGAER is committed to providing simplified access to industry leading solutions like TealBook in a plug and play fashion. Integrating its solution with TealBook and enabling enterprises to license TealBook directly through JAGGAER is another proof point of JAGGAER’s extensibility, a cornerstone of Autonomous Commerce.

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