TealBook CTO, Arnold Liwanag, presents at DPW Amsterdam 2022.

1. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
Unleashing Procurement
Possibilities: With Artificial Intelligence,
Machine Learning and Dynamic Data
Arnold Liwanag
CTO TealBook

2. Alibaba sold $1B in 1 min 25 secs.

3. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
AI technology is transforming procurement
Gartner, 2021
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4. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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Spend analytics
Spend categorization

5. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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Spend analytics
Company hierarchies

6. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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Spend analytics
Invoice data extraction

7. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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Supplier risk management

8. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
The TealBook Platform enabled by AI Current
Future
Data Platform
Unstructured Public
Information
First Party Data
Supplier Networks
Strategic Data Partners
Data Research &
Crowdsourcing
Extract information from unstructured/
semi-structured sources
Predict targeted attributes (e.g., industry
classification, DEI status, etc.) using key indicators
Classify content
Classify content and
schema mapping
Match
Normalize
Integrate /
Resolve
Match records across
different sources
Verify
Universal
Supplier
Profile
Predict data source reliability
and derive confidence scores
Parse Enrich
Data labelling & corrections
to further train models
Anomaly detection
Supplier Intelligence
App
Analytics
Proprietary
Insights
Discover similar suppliers

9. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
AI use cases span the entire procurement value chain
Gartner, 2021
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10. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
Up to 80% of time on an AI project can be spent fixing data
Towards AI, 2020
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11. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
The BIG FAT LIE : Software fixes supplier data
Burden on the Buyer: maintaining accurate and current supplier profile information over time across multiple systems in the enterprise
Supplier
Profiles
Supplier
portal
Supplier
portal
Supplier
portal
Supplier
Profiles
Supplier
Profiles
Supplier
Profiles
Supplier
Profiles
(Instance 1)
Supplier
portal
Supplier
portal
Supplier
portal
10,000+ more
suppliers
Supplier
Profiles
Disparate systems that
don’t connect to each other
Costly service/professional fees paid to
maintain data manually / other sources
One-time enrichment of data typically sent
to low cost countries with terrible accuracy
One-time
...
One-time
Maintain
(Instance 2)
Buyers
Suppliers Maintain

12. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
Why Procurement Digital Transformation Fails: Bad Data
Deloitte, 2021 CPO Report
Rank 1 Rank 2 Rank 3
Quality of data
Poor integration across applications
Lack of budget/funding
Unclear ROI and difficult justification
process
Lack of internal IT resources/support
Difficulty with aging technology (e.g., ERP)
Change management with stakeholders
Availability of data
Availability of skilled labor
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13. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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The Future State Technology
Kearney
UX
Integration Layer
Intelligence
Data Foundation

14. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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15. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
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TealBook
@TealBook
@TealBook
tealbook.com
THANK
YOU!

16. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
+7.8%
1.0%
Immediate Quick Wins
Illustrative TealBook Results
1.0%
Reported
Diverse
Spend
/
Total
Spend
(%)
Customer
Identified
TealBook
Identified
TealBook
Potential
Tier 2 Sourcing
(supplier discovery)
Total
12.3% 11.3x
2.0%
0.5%
Estimate Based on
TealBook and Industry
Benchmark Data
Customer Has Achieved Great Value with TealBook for Supplier
Diversity
“Before TealBook,
Customer (USA) could only
report 1% of diversity
spend using manual
methods. Just after
deployment, Customer was
able to report 8.8%* of
diversity spend (a 780%
increase).”

17. The Trusted Source for Supplier Data™ | Copyright © 2022 TealBook, Inc. All rights reserved.
Supplier-Data Related Processes (and Tools)
Supplier Request
Part/Supplier Discovery
Supplier Discovery
Sourcing Analytics (e.g., supplier parent/child)
Supplier Invitation (tactical RFx)
ESG Scoring (e.g., diversity)
Supplier Risk/Compliance Scoring and Monitoring
Vendor Master(s) Data Loading
Vendor Master Data Maintenance (internal)
Vendor Master Data Maintenance (supplier self-service)
Inbound Vendor/Invoice Data Ingestion
Vendor Settlement (e.g., banking account details)
Business Process Area
Stakeholder/Demand Management
Product Design
Strategic Sourcing
Sourcing Execution
Supplier Qualification
Third-party Risk
Supplier Onboarding
Supplier Information Management
Invoicing
Payments
Data is the Fuel Flowing Through Procurement
SpendMatters, Solutions Intelligence for Procurement
Supplier Data