Kleinschmidt, Inc. has acquired Faxinating Solutions, Inc. to enhance its digital transformation and integration services in the supply chain industry.
Target Company Overview
Kleinschmidt, Inc. has announced its acquisition of Faxinating Solutions, Inc. (FSI), a company specializing in the conversion of essential supply chain documents into digitized formats. This capability facilitates automation processes with trading partners utilizing various data integrations, including EDI (Electronic Data Interchange) and API (Application Programming Interface).
Dan Heinen, CEO of Kleinschmidt, commented, "This acquisition adds significant value for our customers who depend on our digital transformation and integration services. Many supply chain participants still engage in manual data entry for documents from non-EDI compliant trading partners, and incorporating FSI's capabilities into our offerings will enhance efficiency and streamline workflows. Our shared commitment to excellence becomes evident as we work together to provide trusted integration solutions for critical supply chain transactions over decades of service."
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Industry Overview
The supply chain industry in North America has been experiencing significant changes, especially as businesses recognize the necessity of digital transformation. With increasing demands for efficiency and accuracy, organizations
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Kleinschmidt, Inc.
invested in
Faxinating Solutions, Inc.
in 2023
in a Other deal