SPS Commerce, Inc. (NASDAQ:SPSC) Q3 2023 Earnings Call Transcript

Chad Collins: Yes. I would say that from a customer’s view, I think the value is quite similar, frankly, in terms of the value that we’re able to provide a customer connecting with their trading partners and getting access to more data, utilizing our network, whether that customer is in the U.S. or Canada, in Europe or in Australia. I think sort of as a percentage of our business, obviously, it’s dominated by North America. And as I mentioned earlier, I do think there’s opportunity to expand on the geographic vector. What I would say is some of the transactions and approaches across the network do vary a little bit by geography. And back to my comments before on TIE, I think in particular with respect to Europe, it gives us a nice beachhead into Europe. With that acquisition, especially relative to the specific electronic capability of invoicing.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Archie Black for any closing remarks.

Archie Black: Thank you, Dave. Before we end the call, a big thank you to the management team and SPS customers for their support during my 22 years at the Company and to all SPS employees for their unwavering dedication to our vision; I’ve truly had the privilege to work with and lead an exceptionally talented group of people, and I’m proud that together, we built a Company that has consistently delivered exceptional results for our customers and shareholders. And lastly, I would like to also acknowledge Kim Nelson and her commitment to excellence throughout our 16-year partnership, including a successful IPO and 55 earnings reports. In addition to being a fantastic CFO, Kim has been a thought partner, a strategic adviser and a trusted confident. I wish Kim, Chad and the SBS team continued success in the years ahead. Thank you all for your time today.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.