What does DeepStream do?
DeepStream provides a state of the art digital procurement platform enabling buyers in the Oil & Gas sector to engage with suppliers.
How can I join DeepStream?
The DeepStream signup process is super easy, get started here. For security reasons, we will have to verify you before you are given full access to the platform.
How much does it cost to join DeepStream?
DeepStream is 100% free! We believe that to create a true marketplace of companies engaging with each other, reflective of the actual supply chain, we can’t price smaller companies out of the network.
What functionality is available on DeepStream for buyers?
Buyers can search for suppliers & products, view profiles & pre-qualification standards, message in real time, send RFQs out, and award tenders.
What functionality is available on DeepStream for suppliers?
Suppliers can gain instant visibility (online exhibition stand), demonstrate pre-qualification, receive RFQs (including public tenders), bid for work, and receive invoices.
Is DeepStream a prequalification platform?
DeepStream is first and foremost a digital procurement platform allowing suppliers and buyers to grow their supply chain network. Prequalification is an important part of developing a trusted supplier network so we've built a transparent, user-friendly prequalification system.
Which companies can use DeepStream?
The entire supply chain for Equipments & Services in Oil & Gas can use DeepStream. Operators, EPCs, E&P Companies, IOCs, NOCs, Equipment Suppliers, and Services Companies.
Can I use DeepStream if I am working for an SME?
Absolutely. Sophisticated software employed by large enterprises is often too expensive for SMEs (which specialise in certain products) to use and this is where DeepStream as a free, simple, and effective platform fills the procurement gap.
Can I join if I don’t have an Approved Vendor List?
Absolutely - you can build vendor lists on DeepStream from scratch, add relevant vendors to them, and they will be saved to your profile.
What are the main roles of DeepStream users?
Most users are involved in the procurement of Equipment and Services in Oil & Gas. For instance, Engineers, Sales Executives, QHSE, Buyers, Procurement & Supply Chain teams, and managers.
Can I use DeepStream alongside my existing procurement software?
Yes - definitely. You can use DeepStream alongside your existing procurement software. We are sure that you will realise the benefits of a truly open digital supply chain over time and migrate fully to DeepStream.
What can I search for on DeepStream?
On DeepStream, you can use our smart search within the platform to find companies that provide what you are looking for. Our tagging system also allows you to search for very specific or very broad Equipment & Services categories.
What is the DeepStream Pre-Qualification Score?
It is a supplier specific score generated by DeepStream on the basis of a comprehensive online questionnaire that suppliers have to complete.
Can I view the criteria & related documentation for the Pre-Qualification Score?
As a buyer, you can individually go into supplier pre-qualification checklists, look at associated documents, flag any items and communicate with suppliers pro-actively to ensure that they adhere to pre-qualification standards.
Who sets the Pre-Qualification standards?
We have undertaken multiple industry surveys, organised several focus groups, and checked existing procurement software to arrive at an exhaustive checklist.
What if we don’t require as rigorous standards as the checklist?
The checklist only serves a benchmark for suppliers. There are suppliers available on DeepStream who will not comply to one or many of the standards - it is on the buyer to specify which standards they require for the task and the relevant suppliers will be filtered by DeepStream.
How does DeepStream manage invoices?
The main risk of losing track of invoices arises from the lack of access to a digital footprint of the transaction. DeepStream provides a clear record of each transaction, minimising this risk.
What is the deal with invoice financing?
DeepStream aims to offer suppliers invoice financing at the point of invoice generation. We want to provide an extra layer of protection to suppliers if payment terms can’t be met on time or if suppliers require cash ahead of term.
Is DeepStream secure - who can access my data?
We use latest encryption technologies to keep your data safe. All permissions are determined by our users, who have full control over their digital profile and what information is given to other counterparties on the system.
Does DeepStream verify users and companies?
As a secure ecosystem, we verify all user emails. If a user registers as part of a company that is not on the system, the DeepStream team manually verifies them.
What customer support does DeepStream provide?
We are available to answer calls from 9 AM - 6 PM GMT and aim to answer all emails within 48 hours. If you drop us a line, we will aim to resolve your query as soon as possible and arrange a call-back if required.