Auburn Hills-based ePS has enjoyed some large spikes in revenue growth over its first few years, allowing the tech firm to add five people to its current staff of 36 employees and the occasional intern.
"We're trying to grow our revenue by 100 percent again over the next year," says David Saroli, CEO of
ePS, short for e-Procurement Services. "We have been fortunate enough to close some major accounts in the last year."
Two-year-old ePS provides custom software for things like e-commerce and supply chain management. The technology creates a streamlined purchasing synergy between buyers and suppliers. It also offers a Tier One Diversity Program that helps businesses do more work with local minority-owned firms.
The Tier One Diversity Program has led ePS's growth in the last year, expanding by 400 percent. Its retail growth went up by 80 percent in the last 12 months, helping boost the company's overall bottom line by 60 percent. That has allowed the company to hire more people in sales and business relationship management, among other sectors.
The company has also landed some large clients recently, including the second largest retailer in Canada and one of the largest gas and oil corporations in the world.
Source: David Saroli, CEO of ePS
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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