TIE Kinetix Signs New Municipality of Amsterdam Supplier, Olympia

Breukelen, the Netherlands at 8 AM CEST

PRESS RELEASE

TIE Kinetix Signs New Municipality of Amsterdam Supplier, Olympia

The company is achieving steady growth through existing accounts

TIE Kinetix (Euronext: TIE) announced today that Olympia, a Dutch recruitment agency and Municipality of Amsterdam supplier, has entered a two-year SaaS agreement with the company to send e-invoices to Dutch public authorities via FLOW Partner Automation. The deal reinforces TIE Kinetix’s position as the market leader for business-to-government (B2G) e-invoicing in the Netherlands and continues the company’s upward trend of achieving growth through existing accounts.

As an official PEPPOL Access Point with the largest trading partner network in the Netherlands, TIE Kinetix is the service provider of choice for Dutch public authorities and their suppliers. Notably, over the past year, the company has experienced a heightened interest in their services from the supplier side and anticipates that this demand will continue to rise.

“We’re looking forward to bringing Olympia on board, and we’re also excited to see that our strategic efforts with the Municipality of Amsterdam and other large accounts are paying off,” says Jan Sundelin, CEO, TIE Kinetix. “More and more suppliers are realizing the added value of implementing an e-invoicing solution of their own, and the decision becomes a lot easier when they see that all of their current and potential customers are already connected to our FLOW platform.”

With FLOW, Olympia will benefit from quick-and-easy implementation and a streamlined order-to-cash process with existing public sector customers. At the same time, they will be in an ideal position to expand their customer base and enter new business relationships within and outside of the Netherlands. Likewise, TIE Kinetix offers the same level of convenience for all public authority suppliers and expects that this will lead to an influx of new business through existing accounts as the demand for e-invoicing services increases.

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.

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 LinkedinTwitterFacebookXing, and YouTube.

For more information please contact:

TIE Kinetix N.V.
Patrick van Boom
De Corridor 5d
3621 ZA Breukelen

T: +31-88-369-8000
E: info@TIEKinetix.com
W: www.TIEKinetix.com

END OF PRESS RELEASE

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