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Over $1billion processed in total transactions.
Trusted by 240,000 contractors worldwide.
96.4% of users report being satisfied with Ruul.
Ruul reduces compliance risk by acting as the Agent of Record. Ruul contracts directly with contractors and bills your business as the legal counterparty, which helps lower misclassification risk. Built in checks and automated paperwork also keep onboarding and payments consistent and well documented.
Ruul runs built in KYC and AML checks for contractors, and KYB checks for businesses to help protect platform integrity. Checks are completed during onboarding and may be re run as needed for ongoing monitoring and risk prevention.
Ruul supports storing and managing common contractor tax paperwork, where applicable. This includes W 9 for US contractors, W 8 forms for non US contractors when requested, and 1099 documentation for US reporting needs. What applies depends on your contractor’s tax status and where they are based, and the platform guides you to the right form when it’s needed.