Traverse Systems is now part of SPS Commerce.
May 9th, 2024
We’re pleased to announce Traverse Systems has been acquired by SPS Commerce.
SPS Commerce has acquired Traverse Systems (formerly known as Compliance Networks), the industry-leading solution that enables retailers and suppliers to improve the customer experience and drive bottom-line results through a unified view of their supply chain network’s performance.
We enthusiastically welcome Traverse Systems customers to our trading partner community. Traverse Systems customers will benefit from our industry-leading technology, expert staff and growing trading community, which includes more than 120,000 customers in over 85 countries.
Frequently-Asked Questions
Who is Traverse Systems?
Traverse Systems (https://www.traversesystems.com/) is the industry-leading supplier score carding solution that enables retailers and supplier to improve the customer experience and drive bottom-line results through a unified view of their supply chain network’s performance.
Who is SPS Commerce?
SPS Commerce (www.spscommerce.com) is the world’s leading retail network, connecting trading partners around the globe to optimize supply chain operations for all retail partners. We support data-driven partnerships with innovative cloud technology, customer-obsessed service and accessible experts so our customers can focus on what they do best. To date, more than 120,000 companies in retail, distribution, grocery and e-commerce have chosen SPS as their retail network. SPS has achieved 93 consecutive quarters of revenue growth and is headquartered in Minneapolis.
Why did SPS Commerce acquire Traverse Systems?
With the acquisition of Traverse Systems, SPS Commerce is able to deliver an even more robust solution to help retailers improve supplier performance, and furthers our commitment to delivering modern supply chain solutions to the retail sector. SPS Commerce has acquired the Platform and Vision products, along with their expert team. Rivet will be run by Montalaola, the successor company to Traverse Systems LLC, and will partner with SPS Commerce as needed.
When was the change effective?
The change was effective May 9, 2024
For Traverse Systems customers, will the solution, service or pricing change?
Initially, there will be no change to customers’ solutions and service.
How will Traverse Systems customers benefit from the acquisition?
While most aspects of customers’ relationship with Traverse Systems will remain the same, customers will experience the following benefits that support their business growth:
- Access to the industry’s broadest trading community, which includes more than 120,000 trading partners in over 85 countries.
- Expanded capabilities for connecting with global supply chain partners, such as third-party logistics providers (3PLs), international sourcing companies and factories.
- Access to technology and tools for you and your supplier community to automate the exchange of item, order and sales data.
How will SPS customers benefit from this acquisition?
As SPS expands its leadership in the market, customers will continue to benefit from being part of the world’s largest retail network. In addition, SPS retail customers will benefit from expanded services that allow them to improve trading partner collaboration. Traverse Systems’ expertise and proven track record in helping retailers to improve supplier performance integrates seamlessly with SPS Commerce’s offerings and furthers our commitment to delivering modern supply chain solutions to the retail sector.
