Qwil is a payment and liquidity platform that helps suppliers get paid as soon as their invoices are approved, regardless of net billing terms. Qwil’s technology-driven solution integrates with SAP Fieldglass and enables MSPs and their clients to easily provide a financing solution to their suppliers - all with no cost or impact to their cash flow and no new contracts required with the client.
Qwil is the first and only provider to integrate this solution with SAP Fieldglass, making implementation a breeze. Further, all parties get to maintain VMS as the system of record and all spend continues to go through VMS and the MSP. Qwil, a Public Benefit Corporation, was founded in 2014 in San Francisco. Qwil is headquartered in San Francisco.
What is a Public Benefit Corporation? Public-benefit corporations are a specific type of corporation that allows for public benefit to be a charter purpose in addition to the traditional corporate goal of maximizing profit for shareholders. Qwil strives to help small-to-medium-sized businesses by providing them with access to liquidity so they can grow their businesses.