TIE and Medius announce strategic partnership

Jan Sundelin, CEO of TIE: “The strategic partnership enables TIE to take the step from an E-invoicing solution to a total business solution for all invoices, which digitizes, monitors and exports the data from both paper and EDI invoices. As a result thereof MediusFlow provides the customer with increased profitability, control and flexibility. Initially TIE will focus on the sales and marketing of MediusFlow in local markets. Nonetheless, both parties are driven to expand the relationship both geographically as well as scope wise. The fact that both TIE and Medius are worldwide players, provides excellent prospects for the future and the partnership. The fact that the European Commission focuses on making e-invoicing the norm across the EU by 2020, also provides a fruitful basis for the partnership.”

Per Nordling, CEO of Medius: “We welcome TIE as a strategic partner and we look forward to collaborate and to expand the partnership. The offering this partnership brings to the market has real business value to customers and is a world class end-to-end offering, which is based on TIE’s innovative communication technology and Medius’ robust workflow engine and world leading purchase-to-pay solution.”

Profile Medius
Medius develops and delivers MediusFlow, a web-based workflow platform that enables companies to quickly and easily automate, improve and optimize business processes. MediusFlow has a world-leading solution for Purchase-to-Pay, which enables companies to highly automate their accounts payable processes by taking control over all purchases, automating invoice registration & accounting, matching on line level and efficiently route exceptions through the organization. MediusFlow includes a range of high quality ERP independent solutions for supporting business processes that are beyond the reach of most ERP and business systems.
Medius couples MediusFlow solutions with professional services that provide our extensive experience in successfully helping companies to implement and integrate MediusFlow with their existing business systems quickly. Medius operates globally via its own presence and its extensive partner network. Visit http://www.medius-group.com/ for more information.

Click here for more information about E-invoicing (dutch).

Profile TIE
TIE (NYSE Euronext: TIE Holding) delivers innovative web centric, software based solutions that enable all trading partners in the supply chain to work seamlessly together on the major E-commerce processes of marketing, sales and fulfillment. With its TIE Kinetix concept, it provides a Total Integrated E-commerce process, embracing three innovative platforms for Business Integration (including e-invoicing, XML/EDI data synchronization), Content Syndication and E-commerce. The Total Integrated E-commerce solutions minimize the energy needed for a transaction lifecycle throughout the supply chain giving organizations the advantage to reduce cost and maximize revenue and profit.
TIE has more than two decades of experience in developing and implementing global E commerce standards. TIE is a listed company with offices in the United States, Australia, France and the Netherlands.

Further information:

TIE Holding N.V.

Jan Sundelin, CEO

Antareslaan 22-24
2132 JE Hoofddorp
The Netherlands

T: +31-20-658 93 33
F: +31-20-658 90 01
E: info@TIEHolding.com
W: www.TIEHolding.com

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