“There’s a huge data problem right now and it’s actually impacting the return on investment from all the dollars that are being poured into technology – and it’s not the software’s fault.”
Procurement has always been fertile ground for tech entrepreneurs. We have pulled together some of the most compelling – and potentially disruptive – procurement solutions for a Special Startup Series. We will ask each entrepreneur questions about what gap in the market their solution addresses, how they differentiate their technology and what their tools look like in action.
In this podcast, we interview Stephany Lapierre, CEO of Tealbook, a master supplier data management platform founded in 2015.
Discussion highlights include:
- The glaring investment between procurement’s investment (to date) in technology versus the investment in the data that runs through that technology.
- How increasing the quality of supplier master data can actually reduce the friction associated with changing procurement software providers.
- Why machine learning may help procurement make the leap from understanding who their suppliers are to recognizing the total value those suppliers can offer.
*Please note: all participants in this series contributed towards the production costs of the podcast, but had no influence over the podcast content