Qwil, Powered by LSQ, and TAPFIN Expand Early-Pay Opportunities to Staffing Suppliers of Major Energy-Sector Client [Yahoo! Finance]
ManpowerGroup (MAN)
Last manpowergroup earnings: 4/21 07:30 am
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Source: Yahoo! Finance
leading managed service provider (MSP) for contingent workforces and part of the ManpowerGroup family of brands, today announced an expansion of their Qwil partnership to include staffing firms serving one of the world's largest providers of products and services for the ever-evolving needs of the energy industry. Qwil is LSQ's early-payment embedded finance solution for staffing suppliers. Suppliers in eligible programs can get paid as soon as invoices are approved, regardless of original payment terms. "As the economy continues to evolve and credit gets tighter, working capital becomes more important than ever," said LSQ Chief Operating Officer Richard Lee . "The Qwil solution, buoyed by the ease of use within TAPFIN, helps deliver working capital liquidity by allowing staffing suppliers to get paid earlier." Staffing suppliers that choose to enroll with Qwil continue to work in the program with TAPFIN as usual but are paid by Qwil. According to Lee, creating flexibility and e
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- 4/18/24 - Miss
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- 3/15/24 - Form 3
- MAN's page on the SEC website