TIE Kinetix simplifies electronic invoicing for small and medium businesses with artificial intelligence (AI)

TIE Kinetix simplifies electronic invoicing for small and medium businesses with artificial intelligence (AI)

Breukelen, Netherlands – June 17, 2021 8:00am CET – TIE Kinetix (Euronext: TIE), the leader in 100% supply chain digitization, announced today that the recently updated setup services used by FLOW Partner Automation’s trading customers, partners will be Now powered by Artificial Intelligence (AI). Connecting to the platform is now faster and requires less effort. This simplifies the massive shift to electronic invoicing in the private sector and also supports the European Commission’s transition to a “green and digital economy”. Advanced installation capabilities allow TIE Kinetix to grow with hub accounts.

“Government agencies should be able to receive and process electronic invoices, but their suppliers are not legally required to send electronic invoices,” said Jan Sundelin, CEO of TIE Kinetix. “This alone makes suppliers less willing to collaborate, but there are also procedural and communication shortcomings that contribute to the lack of adoption. Our intelligent internal services aim to remove implementation complexity. We have gone so far as to automate all communications with suppliers about the benefits of electronic invoicing.”

In March 2021, the European Commission’s Connect Europe Facility (CEF) published an article on connecting suppliers to e-billing: “SMEs and the private sector on board – e-billing”. This article provides insight into the setup challenges that currently prevent SMEs from embracing e-invoicing, despite all the huge benefits to the individual company and the entire European economy. In line with what CEF defines as successful qualification strategies, TIE Kinetix’s embedded services are easy to implement, accessible and configurable.
Optional service makes installation easy. AI eliminates a lot of manual work and errors, allowing suppliers with all possible technical backgrounds (without the technical knowledge of technical specialists) to get started quickly and independently. The whole process is done online and you don’t really need additional support.

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A successful installation is a major effort that requires a hands-on approach and active follow-up with suppliers. By inheriting this effort from the client, TIE Kinetix is ​​able to facilitate 100% supply chain digitization for organizations of all sizes in both the public and private sectors. At the same time, TIE Kinetix can increase the success of the growth plan based on the hub and pivot model and contribute to a green, digital and resilient European economy.

More from TIE Kinetix
At TIE Kinetix, we provide SaaS (Software as a Service) solutions to businesses, government and semi-government entities and their business partners to streamline supply chain operations through the complete electronic exchange of business documents. FLOW Partner Automation, our software platform, enables users to collaborate smarter with their business partners and simplify communication through seamless integration with any existing IT system. Since 1987, we have supported all EDI standards, electronic billing and communication methods used for this purpose worldwide. Our international team shares its expertise and experience with our more than 2,500 clients and facilitates the annual exchange of over 1 billion documents through FLOW. They are committed to saving more than 100,000 trees each year.

TIE Kinetix is ​​a limited liability company (Euronext: TIE) with offices in the Netherlands, France, Germany, Australia and the United States. For more information visit www.TIEKinetix.com/nl and follow us on Linkedin, Twitter, Facebook, Xing and YouTube.

This article is a submission and is not the responsibility of the editors.

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