tealbook Selected by SIG Innovation Accelerator

TORONTO - March 15, 2018 - PRLog -- tealbook has been selected as one of four top innovative procurement products by the SIG Innovation Accelerator program (SIA) and invited to present to its members in Washington, D.C., on March 26. tealbook has been chosen by achieving the highest ratings for creativity and positive impacts on the procurement and Source through Supply Chain functions during SIA's emerging products evaluation process. SIG is the premier global sourcing association that provides thought leadership and networking opportunities to executives in sourcing, procurement and outsourcing from Fortune 500 and Global 1000 companies.

tealbook is honored and excited to part of the innovative group of companies selected for the SIA and to be introduced to its members. "SIA's decision to select tealbook validates the importance of new technology in expanding procurement's impact and influence, and we are thrilled to be selected and present to this impressive audience," says tealbook Founder and CEO Stephany Lapierre. tealbook reduces tactical and repetitive data searches, so procurement teams can increase the speed and quality of their supplier decisions while spending more time on high value initiatives that will help organizations stay competitive in this rapidly changing and disruptive economic environment. Through this relationship, SIA will provide support to grow and accelerate sales, help position tealbook as the leader in supplier intelligence and offer a conduit to like-minded procurement leaders looking for innovations to evolve the function.

On March 26, Stephany Lapierre will be presenting to a number of Chief Procurement Officers and buy-side executives and managers. The presentation will be part of the inaugural SIA acceleration event to be held during SIG's Global Executive Summit (http://www.sig.org/summit) March 26-29. Each company will present the features of their product to an audience of procurement executives who have expressed interest in working with earlier stage products, assisting companies in product refinements and potentially being early adopters of products that are of significant interest to them.

About tealbook: Named the coolest supplier discovery engine on the planet by industry leaders, tealbook uses AI technology to increase the speed, trust, and quality of supplier related decisions. With its social media-like interface, tealbook delivers real-time relevant supplier information to all users across the organization from one place. By upgrading supplier data from traditional static systems, tealbook automates, optimizes, enriches, and expands supplier information while making it easily accessible. tealbook significantly reduces the cost and effort required to maintain and access the supplier information so critical to procurement's ability to meet enterprise demand for speed and agility. With tealbook, procurement teams can easily rationalize their supplier base and accelerate the discovery of relevant new, innovative, and diverse suppliers, and improve the visibility and efficiency of global shared services. tealbook can also enable innovation with existing partners and so much more. tealbook is the platform for scaling procurement and moving it into the future.

www.tealbook.com

About SIA: The SIG Innovation Accelerator (SIA) offers a broad portfolio of services to help develop and improve the pipeline for Source through Supply Chain and related functions. By leveraging the ideas, experience and buying power of SIG's globally-recognized member companies, the SIA seeks to facilitate innovation and improve profits while simultaneously reducing risk for both buy-side providers and product providers.