June 17, 2021 - Breukelen, the Netherlands at 8 AM CEST
The improved services address onboarding challenges within the European single market
TIE Kinetix (Euronext: TIE), the leader in 100% supply chain digitalization, announced today that their recently redesigned trading partner onboarding services for FLOW Partner Automation customers are now powered by artificial intelligence (AI). Onboarding to the platform is now faster and requires minimal effort. This helps to facilitate mass e-invoicing adoption in the private sector and directly supports the European Commission’s transition to a green and digital economy. Furthermore, advanced onboarding capabilities enable TIE Kinetix to expand business through hub accounts.
“Even though public authorities must be able to receive and process e-invoices, their suppliers aren’t legally required to send e-invoices,” says Jan Sundelin, CEO, TIE Kinetix. “This alone makes suppliers less willing to cooperate, but there’s also procedural and communicational inefficiencies that are contributing to the lack of adoption. Our intelligent onboarding services aim to eliminate implementation complexities and even go as far as automating all supplier communication to educate them on the benefits of e-invoicing.”
In March 2021, the Connecting Europe Facility (CEF) released “SMEs and Private Sector onboarding – electronic invoices.” This article presents onboarding challenges that are currently preventing SMEs from embracing e-invoicing despite major benefits for individual organizations and the EU economy as a whole. In line with the CEF’s notion of successful onboarding strategies, TIE Kinetix’s onboarding services are easy to replicate, accessible, and adaptable.
The optional services redefine simplicity in that AI eliminates much of the manual work and errors, enabling a quick and self-led experience for suppliers of all technical backgrounds. The entire process takes place online, and there is little to no need for additional support.
No matter how simple, successful onboarding is a heavy commitment that requires a practical approach and active follow up with suppliers. In taking this burden off of the customer, TIE Kinetix is able to facilitate 100% supply chain digitalization for both public and private sector organizations of all sizes. At the same time, the company is able to increase the success of their hub-and-spoke-based growth plan while simultaneously contributing to a green, digital, and resilient EU economy.
Learn more about TIE Kinetix’s onboarding services here, or contact us for additional information.
About TIE Kinetix
At TIE Kinetix, we deliver Software as a Service (SaaS) solutions to companies, governmental institutions, and their suppliers, to help them exchange all business documents electronically and simplify supply chain processes as a result. FLOW Partner Automation, our software platform, empowers its users to engage in smart business exchanges and streamline communication through seamless integration with any existing system. Since 1987, we have supported all EDI and e-invoicing standards and communication methods worldwide. Today, our global team of experts share their knowledge with our 2,500+ customers, facilitating the exchange of over 1 billion documents through FLOW each year, in turn, saving over 100,000 trees annually.
TIE Kinetix is a public company (Euronext: TIE), and has offices in the Netherlands, France, Germany, Australia, and the United States. For more information, visit www.TIEKinetix.com, and follow us on Linkedin, Twitter, Facebook, Xing, and YouTube.
For more information please contact:
TIE Kinetix N.V.
Patrick van Boom
De Corridor 5d
3621 ZA Breukelen
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