Overview
supplier.io has acquired tealbook to enhance its supplier intelligence platform, addressing the critical issue of fragmented and untrusted vendor data that costs companies millions annually. The acquisition supports the launch of atlas, a vendor master data management solution that provides clean and standardized supplier data. Key metrics include coverage of 225 million global supplier profiles and measurable savings, such as nearly $1 million per year for Kraft Heinz in supplier data maintenance costs. The deal positions supplier.io to deliver comprehensive supplier data solutions to a larger market.
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supplier.io has acquired tealbook to enhance its supplier intelligence platform, addressing the critical issue of fragmented and untrusted vendor data that costs companies millions annually. The acquisition supports the launch of atlas, a vendor master data management solution that provides clean and standardized supplier data. Key metrics include coverage of 225 million global supplier profiles and measurable savings, such as nearly $1 million per year for Kraft Heinz in supplier data maintenance costs. The deal positions supplier.io to deliver comprehensive supplier data solutions to a larger market.