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DeepStream: Vendor Analysis — E-Sourcing solution overview, roadmap, competitors, analyst insights

02/08/2023 By

This Spend Matters PRO Vendor Analysis provides an overview of DeepStream and its solution for e-sourcing, which covers the entire Source-to-Contract (S2C) process.

Buyers looking for e-sourcing solutions must consider the current climate of procurement and how new technologies can alleviate their sourcing concerns, such as rising costs, increased maverick spend and poor visibility of sourcing activities. While there are multiple vendors to choose from, including a plethora of both suite and point solutions, businesses are increasingly looking to find solutions that address present day pain points while also driving cost and time savings.

DeepStream was created to address these everyday pain points. DeepStream simplifies the RFx process by replacing manual processes, which both reduces risk and improves time-cost savings. The platform was created to be highly configurable so that all RFx processes can be created without having to venture outside the platform. In addition to automating e-sourcing, DeepStream helps customers define their procurement strategy and uses their strategic needs and market trends to drive best practice sourcing activities.

Here’s why DeepStream matters:

  • To the market — DeepStream offers a sourcing platform that stands out from other e-sourcing vendors due to its focus on development, which has led to a highly configurable platform that is able to run complex RFQs/RFPs.
  • To customers — DeepStream prides itself on its flexibility and customer support team that can provide strategic procurement and technical support.
  • To the buyer — DeepStream’s platform is user-friendly and has intuitive collaboration and pre-fill capabilities to make the RFx request and evaluation process simple for its users.

This Spend Matters PRO Vendor Analysis explains what makes DeepStream different from other e-sourcing vendors, gives an overview of the vendor's capabilities and its competitors, provides tech selection tips and closes with key analyst takeaways.

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Vendor Analysis