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How they describe themselves: DoubleNet Pay is named for, and founded on, the principle that bills should be paid and savings funded before discretionary spending. By making this good habit automatic, anyone can see what their disposable income for each pay period – their DoubleNet Pay – really is.

At DoubleNet Pay, we believe that everyone should have a clear understanding of how much they have to spend until the next payday. That’s why we designed and built our innovative service: to help people reduce or eliminate financial emergencies caused by unexpected bills and “too much month left at the end of the money.”

How they describe their product/innovation: DoubleNet Pay’s easy to use software automatically tracks employees’ bill amounts and due dates and seamlessly schedules payments around their paycheck cycles, leaving employees with an exact amount for discretionary spending – without the headaches or guesswork. It also automatically sets aside money for savings, helping employees prepare for unexpected expenses and budget for recurring needs. Plus, it takes the stress out of managing day-to-day finances and gives employees peace of mind that their bills are paid on time. The remaining pay will go where it has always gone before (bank account, pay card, or paper check) on time, directly from the employer.

Contacts:

Press: Robin Schoen, rschoen@robinschoenpr.com