TIE Kinetix is now part of SPS Commerce
September 13th, 2023
SPS Commerce has acquired TIE Kinetix, a leading provider of supply chain digitization, including EDI and e-invoicing in Europe.
We enthusiastically welcome TIE Kinetix customers to our trading partner community.
TIE Kinetix customers will benefit from our industry-leading technology, expert staff and growing trading community, which to date includes more than 120,000 customers in over 80 countries.
Frequently-Asked Questions
Who is TIE Kinetix?
TIE Kinetix (https://tiekinetix.com/en) is a Netherlands-based company with 36 years of EDI and e-invoicing experience. TIE Kinetix has approximately 1,200 customers across the Netherlands, France, Germany, and the United States.
Who is SPS Commerce?
SPS Commerce (www.spscommerce.com) is the world’s leading retail network, connecting trading partners around the globe to optimize supply chain operations for all retail partners. We support data-driven partnerships with innovative cloud technology, customer-obsessed service and accessible experts so our customers can focus on what they do best. To date, more than 115,000 companies in retail, distribution, grocery and e-commerce have chosen SPS as their retail network. SPS has achieved 90 consecutive quarters of revenue growth and is headquartered in Minneapolis.
Why did SPS Commerce acquire TIE Kinetix?
The union of TIE Kinetix and SPS will further accelerate our expertise into e-invoicing, provide opportunities to expand our footprint in Europe, and expand our growing network in North America.
When was the change effective?
The change was effective September 13, 2023.
Will customers’ solution, service or pricing change?
The benefits of your TIE Kinetix solutions and services will not be disrupted as a result of the acquisition. While most aspects of your relationship with TIE Kinetix will remain the same, we are confident that this acquisition will help advance your supply chain initiatives by offering several key benefits, including:
- Access to the industry’s broadest trading community, which to date includes more than 120,000 trading partners in over 80 countries.
- Superior integration with more than 400 leading accounting/ERP, e-commerce, warehouse management, and packing and shipping applications.
- Expanded capabilities for connecting with global supply chain partners, such as third-party logistics providers (3PLs), international sourcing companies and factories.
- Opportunities to enhance supply chain efficiency and collaboration with optional value-added solutions for item data management and supply chain analytics.
How many new customers will be in the SPS Commerce community?
As a result of the acquisition, SPS Commerce will add an additional 1,000 customers to its community.
How will SPS customers benefit from this acquisition?
As SPS expands its leadership in the European supply chain market, customers will continue to benefit from being part of the world’s largest retail network.
How can I find out more about the acquisition?
See the Press Release Here
