The need for organized child support
The Center for Disease Control and Prevention (CDC) reports a divorce rate of 2.7 per 1000 population for the US. Child support post-divorce becomes indispensable for such parents. In reality, over 298 million parents throughout the world exchange $990 billion in child support each year. Over 55 million parents in the United States live apart, with 39 million of them exchanging more than $200 billion annually. There hasn’t been a conventional method or structure in place to help parents handle this emotional and conflict-ridden process until now. Parents must constantly monitor, discuss, and bargain over child-related costs since child support is not simply a single monthly payment but a broad collection of shared expenses. The entire procedure is difficult, time-consuming, and unpleasant. SupportPay is an easy-to-use web and mobile application which aims to reduce child support disagreement and encourages collaboration, giving both parents transparency while saving time and money. Parents may now devote more time to raising happy children rather than managing child support and costs.
What does SupportPay do?
For parents who live apart, this is the first automatic child support payment platform. It is a simple yet efficient software to assist modern families. SupportPay is a service that helps single, divorced, separated, and remarried parents manage their child support and shared expenditures as it difficult enough to raise a child. Parents who make payments can see where their money is going, and parents who receive payments can see how expensive children are. People may now focus on being a parent rather than managing their child support payments, costs, papers, and conversations. The software obliterates the need to manually verify bank transactions and accounts or look through old bank statements or track the dues. Tracking costs, giving receipts, determining how much is due, and making payments has all been made automated. Child support payment history and complete child support records are stored in SupportPay and may be viewed at any time.
How does SupportPay manage your data?
The software works in steps as given below:
Step 1 : Organization of data
–Calculating your share
–Temporal balance management
Step 2 : Management of data
–Storing Child-specific information
–Other Document storage
–Tracking Export dates
–Storing Detailed reports
–Sending notifications with reminders
–Archiving of certified documents for court
Step 3 : Money Transfer
–Tracking of manual payments
– Making online payments
Sheri Atwood, Founder & CEO
She is an Enthusiastic leader, a results-driven collaborator, and a spokesman with a passion for success. She focuses on delivering great outcomes in strategy, differentiation, awareness, demand creation, and sales enablement. In the past, she has led operations and strategic direction with complete P&L accountability throughout the whole organization, from startups to a $4.2 billion company. She featured in over 300 media outlets, including CNBC, ABC, CBS, NBC, Forbes, NY Times, Fast Company, Entrepreneur, Bloomberg, Business Journal, and Wall Street Journal. Sheri is an innovator with a track record of overcoming big obstacles while instilling discipline, procedures, and methodology in organizations.
She has experience in handling all parts of marketing and demand creation, including system installation, message, content, media, and presentations. Additionally, she possesses extensive knowledge in software and web development, as well as Salesforce certification.
Website : http://supportpay.com/
Industry : Computer Software
Company size : 11-50 employees
Headquarters : Sacramento, CA
Type : Privately Held
Founded : 2016
Sources and references : https://www.cdc.gov
Story by : Swiftnlift Business Magazine Company