JACK MACFARLANE ,
JACK MACFARLANE ,
FOUNDER AND CEO OF DEEPSTREAM
the benefits . By embracing the alignment of people , processes and technology , we ' ve seen that teams are significantly improving the value case and perception of procurement within their organisations . This means that best-of-breed solutions are used to accelerate value delivery in specific procurement processes .”
But it ’ s not all about technology . While these solutions can be used alongside S2P platforms to provide a seamless experience , it will be vital for organisations to gain the right talent to ensure the smooth running of these operations . This shift in focus from traditional transactional procurement towards value-added activities is creating a surge in automated manual processes , leaving more time for organisations to focus on improving strategic efforts ; but
I am the Founder and CEO of DeepStream , a cloud-based software company that streamlines the RFx ( Request for Anything ) processes into one system , making procurement easier , faster and more transparent .
I started my career as a graduate in investment banking in London at UBS , initially in M & A before moving into equity capital markets , then equity derivatives and special sits financing – ending up running this desk for Latin America , based in NYC .
After eight years , I made a ( quite drastic ) change in taking on an opportunity to run DeepStream , with a vision of using technology to enable businesses to communicate and transact seamlessly with one another – something that I saw as being critical on how global commerce operated . The playground where I saw the largest scope for a new paradigm to emerge was in procurement , the epicentre of where businesses spent money in transacting with counterparties .
Today , my role revolves around ensuring that our team delivers on our vision , ensuring that we are developing the most cutting edge product for our users , and that it is brought to market in the most efficient way . I love working with our clients , such as Britishvolt , Northvolt , and Xos in ensuring that we have the most usercentric approach in delivering clear value for procurement operations .
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