The new TIE Kinetix's Business-to-Government (B2G) e-Invoicing offering provides Exact customers with functionality, that allows them to send electronic invoices to national and provincial institutions, local municipalities and other governmental institutions in a reliable and secure way.

By combining TIE Kinetix's electronic invoice services with Exact, users are able to easily deal electronically with any member of the public sector in a timely manner. TIE Kinetix is a good match with Exact because of their international footprint, their matching quality and requirements, their service and price levels, and their time-to-onboard.

The U.S. and European governments and businesses each process almost 25 billion invoices annually. For both Europe and the U.S. € 240 billion could be saved in the next six years. The European Commission mandates all Member States to accept electronic invoices compliant with a common semantic model by 2018. TIE Kinetix's Business-to-Government e-Invoicing add-on makes it very easy for businesses to keep doing business with government organizations securely and ensures compliance to all international and local standards.

Jan Sundelin, CEO of TIE Kinetix:"The demand for exchanging invoices securely via a direct connection from the ERP environment is a trend we have been noticing over the last year. Our new partnership with Exact, to offer a fully integrated solution directly connected with Exact's software, shows how increasingly important these secure document exchange connections are becoming. Together we offer a total integrated solution via our FLOW Partner Automation Cloud based Platform that offers our joint customers stability, security, and reliability.

Jarno van Hurne, ‎Global Product Marketing Director of Exact:"e-Invoicing has many advantages. It saves a lot of manual interaction, decreases the chance on errors and is better for the environment as well by decreasing paper usage and transportation costs. The exchange between Exact software and TIE Kinetix is an important step forward to let our joint customers make use of e-invoicing. This fits with our vision on the future of finance and our 'no hands' accounting concept."

About TIE Kinetix
TIE Kinetix transforms the digital supply chain by providing Total Integrated E-Commerce solutions. These solutions maximize revenue opportunities by minimizing the energy required to market, sell, fulfill, and optimize online.

Customers and partners of TIE Kinetix constantly benefit from innovative, field-tested, state-of-the-art technologies, backed by 30 years of experience and prestigious awards. TIE Kinetix makes technology to perform, such that customers and partners can focus on their core business. TIE Kinetix is a public company and has offices in the United States, the Netherlands, France, Germany, United Kingdom, and Australia.

For more information:

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
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END OF PRESS RELEASE

TIE Kinetix NV published this content on 13 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 April 2017 18:43:07 UTC.

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