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DeepStream helps procurement teams replace email- and spreadsheet-based sourcing with a centralized, auditable process for finding suppliers, running bids, and managing awards. Teams can create and manage RFIs, RFPs, and RFQs, invite suppliers, exchange messages and documents, and evaluate responses in one workspace. Configurable stages and templates support both straightforward requests and more complex events, including lots and best-and-final offers. Additional modules support supplier pre-qualification, AI-assisted supplier discovery, and online eAuctions where invited suppliers can compete in real time. Teams can also create contracts from awarded requests and track contract details, renewals, and obligations. Reporting and analytics help review sourcing activity and supplier submissions, while integrations can connect DeepStream with other business software. The platform is intended for mid-market and enterprise procurement teams managing supplier selection and source-to-contract workflows. Suppliers can use it to receive requests, submit bids, exchange documents, and track their participation.
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