SPS Commerce, Inc. is a provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics. The Company provides its solutions through SPSCommerce.net, a hosted software suite. As of September 30, 2009, the Company had approximately 11,000 customers with contracts to pay it monthly fees, which it refers to as recurring revenue customers. The Company has also generated revenues by providing supply chain management solutions to an additional 24,000 organizations that, together with its recurring revenue customers, the Company refers to as its customers. The Company delivers its solutions to customers over the Internet using a software-as-a-service (SaaS) model. In May 2011, it acquired Direct EDI.
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