TIE Kinetix e-Invoicing Solution Selected by Moonen to Automate Invoice Processing...

TIE Kinetix e-Invoicing Solution Selected by Moonen to Automate Invoice Processing and Deliver Cost Savings

Paperless invoicing allows complete electronic invoice delivery
between Moonen's customers and suppliers
BURLINGTON, Mass.--(Business Wire)--
TIE Commerce, Inc., a leading provider of Business-to-Business
eCommerce software, announced today that Packagegroup Moonen B.V. has
selected the TIE Kinetix e-Invoicing solution. Packagegroup Moonen
B.V. currently serves over 12,000 customers with only 30% of their
invoices sent electronically via Electronic Data Interchange (EDI)
with TIE's Messaging Portal application. By adding the TIE Kinetix
e-Invoicing solution, Moonen will be able to grow to 100% paperless
invoicing by enhancing account activity and removing manual processing
for more cost effective, reliable and accelerated invoicing.

"Today Moonen has significant printing, envelope and postal costs
due to the 45,000 paper based customer invoices that are produced.
Thanks to the TIE Kinetix e-Invoice solution we are able to convert
these paper based processes into an automated process based on
digitally signed PDF, e-mail and archiving", says Hai Schrivers,
Financial Director, Packagegroup Moonen B.V.

Moonen will also deploy the TIE Kinetix e-Invoicing solution to
handle the invoices they receive from over 300 suppliers. Moonen
collects about 14,000 paper based invoices per year resulting in time
consuming data entry efforts in the accounts payable department
parallel to a paper based approval flow. By choosing the TIE Kinetix
e-Invoicing solution, Moonen can digitalize the complete process of
booking and approving the purchase invoices using scanning and web
based workflow techniques.

With the TIE Kinetix e-Invoice software, Moonen will be able to
save time and streamline the order-to-pay cycle.

"For more than 20 years TIE has been providing customers with
solutions to connect applications and processes with their external
trading partners. The recently launched TIE Kinetix e-Invoicing
solution to meet the growing demand of our customers for paperless
invoicing" says Brian Tervo, CEO of TIE Commerce.

About Packagegroup Moonen B.V.

Packagegroup Moonen B.V. is a leader in Packaging in the Benelux.
The company was founded 53 years ago and has decades of experience
with the design, management and distribution of packages, packing
materials, disposables and hygiene articles. The managing director and
current owner is Mr. G. Moonen.

About TIE Commerce, Inc.

TIE Commerce is a leading provider of B2B eCommerce software that
bridges the gap between online and traditional business, enabling
companies of all sizes to automate the exchange of business
information electronically. TIE Commerce delivers TIE Kinetix(TM), a
powerful electronic framework for business collaboration with software
solutions for Master Data Management, XML/EDI, Outsourcing, and
Content Syndication. With over two decades of experience in electronic
commerce, TIE Commerce today remains a key contributor to the
development and implementation of global eBusiness standards. TIE
Commerce corporate office is in Burlington, Mass. with additional
offices in St. Paul, MN, the Netherlands and France. For more
information, please visit: http://www.tiecommerce.com.

TIE Commerce, Inc.
Melinda Powers, 781-203-4482
melinda.powers@tiecommerce.com

Copyright Business Wire 2008