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Welcome back to the DeepStream Product blog, we have been busy since our last product blog and are excited to share some of our new features. If you have any features you would like to see us build, please email us at info@deepstreamtech.com.

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DeepStream the innovative Oil & Gas E-procurement platform is expanding, opening a new location in Aberdeen. The offices will officially open for business on the 20th August and will offer support to their customers based in the North Sea.

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Buyers, Operators, EPC’s…

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Welcome to the first in a monthly series of Product blogs, where we will give you an insight into the latest developments in the DeepStream product and how we put together our offering to our clients.

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We live in a rapid, evolving and lean world where technology is more critically intertwined with our daily lives, both for pleasure and for business. No longer is software there just to perform a calculation or record information, it is becoming part of our life and expanding what we can do, and people expect an enjoyable experience engaging with it.

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DeepStream | Blog by Stephen Brogdon - 10M ago
“We have adequate procedures in place for registering vendors and engaging those via our portal”

Adequate is a reasonable answer to the question “how good is your stapler?” or “how was your sandwich from the garage?” but SAAS systems should be far more than just satisfactory.

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I deliver, you pay

In most business purchases, you pay the seller upfront, before delivery of the goods or services you need. If you don’t have the cash but have the credit, a finance house will make a clip on the trade by extending you some credit. Sellers (normally) are not specialised in lending money. Separating specialisation of skill, the theory goes, is important for the proper functioning of a trading ecosystem.

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A few months back we spoke about supplier pre-qualification and how this has somewhat become the holy grail for suppliers looking to work with super majors and oil companies. But, if pre-qualification to suppliers is the holy grail, then for some, tendering is almost like the Temple of Doom - you don’t want to go in...but you just have to!

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Oil and gas suppliers love to receive a prequalification questionnaire from a buyer…or do they? Becoming a prequalified or approved vendor is often seen as the holy grail for suppliers. But if you've ever seen Indiana Jones and the Last Crusade, you know that trying to get your hands on the holy grail can result in a lot of corpses along the way!

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