Qwil is an automated payments and liquidity solution that seamlessly integrates into your ecosystem and gives vendors an early pay option in any approved invoice. On-demand capital for contingent workforce suppliers anywhere in the world.
It’s difficult when clients stretch out payments terms. But it doesn't have to be. With Qwil, vendors always have the option to get paid as soon as their invoice is approved, regardless of the payment terms.
Qwil is a white-label solution that integrates seamlessly into your current system. There’s no learning curve, and there’s no stress. Just end-to-end functionality that makes you instantly more competitive.
Most capital providers limit you to one country and one currency. Not us. Qwil can send payments to 140+ countries in all major currencies, meaning you can take advantage of opportunities, no matter where they arise.
Client approves time, materials or milestone in the system of record
Invoice amount is sent over to Qwil's web application or in the system of record through API integration
Vendor/Contractor select all, some, or none to be taken early
Qwil sends out selected early advance funds to vendor/contractor anywhere in the world
Qwil collects based on your client's billing terms
Vendors and Contractors have to wait for the NET billing terms to get paid for the hours, milestones and deliverables.
Through partnership, Qwil gives vendors and contractors any where in the world the option to take all, some or none of their invoice as soon as NET1. Meanwhile, there’s no impact on work or cashflow to your clients.
Qwil partners with leading marketplaces, staffing firms, agencies, Fortune 500 companies and even the mom and pop bakery down the street.
"Qwil's liquidity and global products provide CXC Global a competitive advantage managing contractors, to assist our clients in retaining and attracting the best freelance talent around."
"Integrating against the Qwil API was super easy and the system just runs. Our pilots also love the ability to get paid on their own terms!"