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E-invoicing
The key to increasing efficiency
           and decreasing costs

 More information?     Read more


                     Powered by
TIE Kinetix E-invoicing
                                 Powered by Medius


                                 Streamlining and automating the purchase process
                                 and the processing of invoices saves time and money
                                 and considerably improves control. Our E-invoicing
                                 solution, powered by Medius, is a flexible “purchase
                                 to pay” e-invoice software solution. With our solution
                                 you can increase the overview of your invoice flow and
                                 improve your cash flow.


          “The system is         For most companies, a lot of time and personnel is involved in the day-
                                 to-day purchase and payment processes. Dozens or more invoices have
   flexible and supports         to be processed every day. They are often very complex, especially when
  XML, EDI, PDF as well          different (international) establishments are involved. This increases the
                                 chance of mistakes, which can cost a company a lot of money every day.
      as “paper” invoice         That is one of the reasons why the need for control increases.
sending and processing”
                                 Automating processing of invoices decreases costs
                                 invoice management up to 50%
                                 E-invoicing yields immediate savings. Through automating and stream-
                                 lining the purchase and administration process with our E-invoicing
                                 solution, manual mistakes are prevented and invoices can be processed
                                 and paid more quickly. The costs for managing your invoice flow can be
                                 reduced by 25 up to 50% by processing all invoices electronically.
                                 The reduction of costs is realized by:
                                   More efficient invoice processing
   Advantages                      More effective use of personnel

   E-invoicing                     Improved control of cash flow
                                 Invoices can also be compared to, for instance, the contract or the
    Reduction of costs
                                 purchase order. So, you will never again pay for something that has not
    User friendly
                                 been delivered.
     atching of differences
      M
      on line level
                                 Overview and control through thorough invoice
    Integration with back      management
      office system              Through the streamlining and automating of the purchase and invoice
    Less overdue payments      process, you have insight in, overview of, and control over the workflow
    Environmentally friendly   and the invoice process within your organization at every moment of the
      solution                   day. Our E-invoicing solution matches, depending on the needs within
    Integrate via Outlook      your organization, the supplier’s invoices with the purchase orders on
    Integrate via iPhone       several levels. Products, numbers and amounts on the invoices are, for
    Worldwide  24/7           example, compared to the purchase order. In case of differences, the
      access to your invoice     abnormality is immediately sent to the relevant employee for analysis,
      process                    who only has to check the observed mistake and not the entire invoice,
                                 before the invoice arrives at the payment process. This results in an
improved efficiency of the invoice management and an effective use of
personnel, in addition to strongly improved control.


For invoices that are not based on purchase orders, the invoice is first
sent electronically to the people within the organization responsible for
coding and authorization, after which the invoice is sent to the accoun-
tancy system. If an invoice has not been coded or authorized several
days before the expiry date, automatic reminders trigger. This ensures
that you have the overview of and control over all current business and         K-RAUTA
cash flow at all times. Because everything is sent electronically, you no
                                                                                Invoices from suppliers of
longer need hardcopies of invoices which ensures that you work more
                                                                                department store K-RAUTA
environmentally friendly.
                                                                                normally consist of 5-20
                                                                                pages with 200 rows with
Connect outgoing invoices                                                       order information.
We also offer the possibility to process the outgoing invoices automated,
structured, and controlled completely through the smooth integration of
E-invoicing with the TIE Kinetix Messaging Portal. The system is flexible and
supports XML, EDI, PDF as well as “paper” invoice sending and processing.


Flexible and completely integrated solution
The integration with EDI, financial systems, and many ERP systems such
as Exact, SAP, Microsoft Dynamics, and Oracle, ensures that the workflow
from purchase till payment is completely geared to each other. Our
E-invoicing solution also consists of different standard modules for sup-
plier invoices, purchase, agreements, allocations, and improvements             Before:
and can, in addition, easily be applied to specific processes within your       15 resources involved
organization by making your own workflows. Our E-invoicing solution             in invoice processing of
processes invoices and documents in all available formats, such as EDI,         10 stores.
XML, scanned paper invoices and electronic invoices.
                                                                                After introduction
                                                                                of E-invoicing:
Ever since 1987, we offer solutions with which the entire purchase              5 resources involved in
process, from order to invoice, can be automated. With this we offer our        processing of 60.000
customers insight into the entire purchase process and better control           invoices of 15 stores.
over the processing.
TIE MamboFive BV
                                                                                       ‘t Goylaan 9, 3525 AA Utrecht
        TIE Commerce Inc                                                                        The Netherlands
            St. Paul Office                                                                E-mail: info@tiekinetix.nl
       1360 Energy Park Drive                                                               Tel: +31-30-636 08 49
St. Paul, MN 55108, North America                                                           Fax: +31-30-636 08 50
     E-mail: info@tiekinetix.com
                                                     TIE Holding NV
       Tel: +1-651-999 86 00
                                           Antareslaan 22-24, 2132 JE Hoofddorp
       Fax: +1-651-999 88 80
                                                       The Netherlands                                                                      TIE Asia-Pacific Ltd.
                                                 E-mail: info@tieglobal.com                                                                        (Hong Kong)
                                                   Tel: +31-20-658 90 00                                                                          PO Box 7664
                                                   Fax: +31-20-658 90 01                                                                  Baulkham Hills, NSW, 2153
                                                                                                                                                     Australia
                                                    TIE Nederland BV
                                                                                                                                        Email: asiapacific@tiekinetix.com
                                           Antareslaan 22-24, 2132 JE Hoofddorp
                                                                                                                                             Tel: +61-41-185-8810
                                                       The Netherlands
                                                                                                                                             Fax: +61 2 9652 1647
                                                  E-mail: info@tiekinetix.nl
                                                   Tel: +31-20-658 90 00
                                                   Fax: +31-20-658 90 01



                      TIE Commerce Inc                                                        TIE France SAS
                          Boston Office                                            Le Trident, 1115 Rue Hélène Boucher,
                 24 New England Executive Park                                             ZAC Fréjorgues Ouest,
                  Burlington, MA 01803-5080                                       34130 Mauguio (Montpellier), FRANCE
                          North America                                                   E-mail: info@tiekinetix.fr
                   E-mail: info@tiekinetix.com                                              Tel: +33-811 030 111
                     Tel: +1-781-272 4252                                                  Fax: +33-488 04 93 07
                     Fax: +1-781-272 5485




                                                                                                                                     TIE Asia-Pacific Ltd.
                                                                                                                                        Suite 4.04, Level 4,
                                                                                                                                        10 Century Circuit,
                                                                                                                                           PO Box 7664
                                                                                                                                   Baulkham Hills, NSW,2153
                                                                                                                                             Australia
                                                                                                                                 Email: asiapacific@tiekinetix.com
                                                                                                                                      Tel: +61-41-185-8810
                                                                                                                                      Fax: +61 2 9652 1647




                                                                             About TIE Kinetix
                                                                             TIE Kinetix helps you to push the limits of electronic business.
                                                                             By giving you the possibility to connect applications and processes to
                                                                             your business partners TIE Kinetix improves your daily information flow
                                                                             and communication. Simply stated: TIE Kinetix is the only connection
                                                                             your organization needs when you do business with thousands of
                                                                             business partners all over the world.




                                                                             Direct contact, call              +31-20-658-9000
                                                                             Or email info@tiekinetix.nl

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Purchase to Pay

  • 1. E-invoicing The key to increasing efficiency and decreasing costs More information? Read more Powered by
  • 2. TIE Kinetix E-invoicing Powered by Medius Streamlining and automating the purchase process and the processing of invoices saves time and money and considerably improves control. Our E-invoicing solution, powered by Medius, is a flexible “purchase to pay” e-invoice software solution. With our solution you can increase the overview of your invoice flow and improve your cash flow. “The system is For most companies, a lot of time and personnel is involved in the day- to-day purchase and payment processes. Dozens or more invoices have flexible and supports to be processed every day. They are often very complex, especially when XML, EDI, PDF as well different (international) establishments are involved. This increases the chance of mistakes, which can cost a company a lot of money every day. as “paper” invoice That is one of the reasons why the need for control increases. sending and processing” Automating processing of invoices decreases costs invoice management up to 50% E-invoicing yields immediate savings. Through automating and stream- lining the purchase and administration process with our E-invoicing solution, manual mistakes are prevented and invoices can be processed and paid more quickly. The costs for managing your invoice flow can be reduced by 25 up to 50% by processing all invoices electronically. The reduction of costs is realized by: More efficient invoice processing Advantages More effective use of personnel E-invoicing Improved control of cash flow Invoices can also be compared to, for instance, the contract or the Reduction of costs purchase order. So, you will never again pay for something that has not User friendly been delivered. atching of differences M on line level Overview and control through thorough invoice Integration with back management office system Through the streamlining and automating of the purchase and invoice Less overdue payments process, you have insight in, overview of, and control over the workflow Environmentally friendly and the invoice process within your organization at every moment of the solution day. Our E-invoicing solution matches, depending on the needs within Integrate via Outlook your organization, the supplier’s invoices with the purchase orders on Integrate via iPhone several levels. Products, numbers and amounts on the invoices are, for Worldwide 24/7 example, compared to the purchase order. In case of differences, the access to your invoice abnormality is immediately sent to the relevant employee for analysis, process who only has to check the observed mistake and not the entire invoice, before the invoice arrives at the payment process. This results in an
  • 3. improved efficiency of the invoice management and an effective use of personnel, in addition to strongly improved control. For invoices that are not based on purchase orders, the invoice is first sent electronically to the people within the organization responsible for coding and authorization, after which the invoice is sent to the accoun- tancy system. If an invoice has not been coded or authorized several days before the expiry date, automatic reminders trigger. This ensures that you have the overview of and control over all current business and K-RAUTA cash flow at all times. Because everything is sent electronically, you no Invoices from suppliers of longer need hardcopies of invoices which ensures that you work more department store K-RAUTA environmentally friendly. normally consist of 5-20 pages with 200 rows with Connect outgoing invoices order information. We also offer the possibility to process the outgoing invoices automated, structured, and controlled completely through the smooth integration of E-invoicing with the TIE Kinetix Messaging Portal. The system is flexible and supports XML, EDI, PDF as well as “paper” invoice sending and processing. Flexible and completely integrated solution The integration with EDI, financial systems, and many ERP systems such as Exact, SAP, Microsoft Dynamics, and Oracle, ensures that the workflow from purchase till payment is completely geared to each other. Our E-invoicing solution also consists of different standard modules for sup- plier invoices, purchase, agreements, allocations, and improvements Before: and can, in addition, easily be applied to specific processes within your 15 resources involved organization by making your own workflows. Our E-invoicing solution in invoice processing of processes invoices and documents in all available formats, such as EDI, 10 stores. XML, scanned paper invoices and electronic invoices. After introduction of E-invoicing: Ever since 1987, we offer solutions with which the entire purchase 5 resources involved in process, from order to invoice, can be automated. With this we offer our processing of 60.000 customers insight into the entire purchase process and better control invoices of 15 stores. over the processing.
  • 4. TIE MamboFive BV ‘t Goylaan 9, 3525 AA Utrecht TIE Commerce Inc The Netherlands St. Paul Office E-mail: info@tiekinetix.nl 1360 Energy Park Drive Tel: +31-30-636 08 49 St. Paul, MN 55108, North America Fax: +31-30-636 08 50 E-mail: info@tiekinetix.com TIE Holding NV Tel: +1-651-999 86 00 Antareslaan 22-24, 2132 JE Hoofddorp Fax: +1-651-999 88 80 The Netherlands TIE Asia-Pacific Ltd. E-mail: info@tieglobal.com (Hong Kong) Tel: +31-20-658 90 00 PO Box 7664 Fax: +31-20-658 90 01 Baulkham Hills, NSW, 2153 Australia TIE Nederland BV Email: asiapacific@tiekinetix.com Antareslaan 22-24, 2132 JE Hoofddorp Tel: +61-41-185-8810 The Netherlands Fax: +61 2 9652 1647 E-mail: info@tiekinetix.nl Tel: +31-20-658 90 00 Fax: +31-20-658 90 01 TIE Commerce Inc TIE France SAS Boston Office Le Trident, 1115 Rue Hélène Boucher, 24 New England Executive Park ZAC Fréjorgues Ouest, Burlington, MA 01803-5080 34130 Mauguio (Montpellier), FRANCE North America E-mail: info@tiekinetix.fr E-mail: info@tiekinetix.com Tel: +33-811 030 111 Tel: +1-781-272 4252 Fax: +33-488 04 93 07 Fax: +1-781-272 5485 TIE Asia-Pacific Ltd. Suite 4.04, Level 4, 10 Century Circuit, PO Box 7664 Baulkham Hills, NSW,2153 Australia Email: asiapacific@tiekinetix.com Tel: +61-41-185-8810 Fax: +61 2 9652 1647 About TIE Kinetix TIE Kinetix helps you to push the limits of electronic business. By giving you the possibility to connect applications and processes to your business partners TIE Kinetix improves your daily information flow and communication. Simply stated: TIE Kinetix is the only connection your organization needs when you do business with thousands of business partners all over the world. Direct contact, call +31-20-658-9000 Or email info@tiekinetix.nl