DeepStream
DeepStream provides an AI-enhanced eSourcing platform that streamlines and automates procurement processes including RFPs, RFIs, RFQs, and eAuctions. The platform's six integrated modules cover the full sourcing lifecycle from supplier discovery to contract execution, with implementation typically completed in one to two weeks. Clients report an average of 13% annual cost savings and faster RFP cycles.
- Enterprise Software
- Artificial Intelligence
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Mid-market procurement teams often rely on manual, fragmented, or overly complex digital tools that stall adoption—up to 84% of digitalisation programmes fail. This leads to slower RFP cycles, missed cost savings, compliance gaps, and weakened supply chain resilience.
Solution
DeepStream provides an AI-enhanced, best-of-breed eSourcing platform that streamlines, automates, and standardizes key procurement processes, including RFPs, RFIs, RFQs, and eAuctions. Six integrated modules work together to transform the procurement lifecycle from supplier discovery to contract execution. The platform's intuitive design enables implementation in one to two weeks, with first meaningful value typically realized within 30 days. Clients report an average of 13% annual cost savings, faster RFP cycles, and increased monthly sourcing activity.
Target Audience
Primary customers are mid-market and enterprise procurement teams with three or more people working in the procurement department, seeking to digitalize sourcing processes and demonstrate measurable cost savings.
Features
- Six integrated modules covering supplier discovery, pre-qualification, RFx, eAuctions, contract management, and management reporting
- AI-powered bid comparison that levels supplier offers priced on different bases onto one page, with every finding cited to source
- AI analytics for RFx generation, bid review, clarification, evaluation, and award-scenario analysis with full audit trail
- Customisable bid matrix, lots, unlimited RFx stages, and BAFO capabilities in the advanced tier
- Integrations with existing systems to connect procurement workflows
- Management reporting dashboards that demonstrate measurable savings and team impact
- Implementation in 1–2 weeks with minimal training required