News

Koverly Joins the Chain.io Network to Streamline Digital Invoicing and Net Terms for Freight Forwarders

Sep 24, 2024

With no coding necessary, forwarders can enable clients to pay securely via ACH, credit card or USD wallet transfers and offer net 30 terms at no cost to them or their clients.

Learn more about our integration capabilities: https://chain.io/integrations/koverly/

PHILADELPHIA, PA - WALTHAM, MA - SEPTEMBER 19, 2024 - Koverly, a leader in innovative B2B payment solutions for logistics companies, today announced an integration with Chain.io, a cloud-based integration platform that connects partners across the global supply chain.

Through Chain.io and Koverly’s integration, forwarders can now work within their transportation management system (TMS) to offer clients online payments and net terms powered by Koverly and automatically reconcile transactions without altering their current workflow.

The Koverly integration with Chain.io connects invoices from a TMS so forwarders can efficiently present invoices for payment to their customers. With no coding necessary, forwarders can enable clients to pay securely via ACH, credit card or USD wallet transfers and offer net 30 terms at no cost to them or their clients.

Igor Ostrovsky, Koverly Co-founder and CEO

"Offering convenient payment methods like ACH transfers and credit cards has become a fundamental expectation in today's business landscape," says Igor Ostrovsky, Co-founder and CEO of Koverly. "Through our integration partnership with Chain.io, forwarders can now seamlessly extend these options to their clients while also providing access to easy financing and complimentary 30-day net terms—enhancing their value as trusted partners to their customers."

“We’re excited to welcome Koverly to the Chain.io network. This integration provides a seamless way for our freight forwarder customers to enhance their payment and reconciliation processes, ultimately leading to improved operational efficiency and better financial outcomes,” said Clark Wright, VP, Global Application Network at Chain.io.

With an integration to Koverly, freight forwarders on the Chain.io network can further streamline their payment processes and take control of invoicing and payment data.

About Koverly:

Koverly is a pioneering payment solutions provider dedicated to transforming the way businesses manage payments, collections and financing globally. With a focus on innovation, security, and seamless integration, Koverly offers tailored solutions to meet the diverse needs of businesses worldwide. www.koverly.com 

About Chain.io: 

Chain.io connects systems used by supply chain teams, forwarders, agents, and carriers to simplify complex supply chains. With our integrations to leading supply chain technology providers, we make it easy to automate your logistics and gain valuable freight insights, all in one enterprise-grade platform. Learn more at www.chain.io.

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