WAC is a work and money management app that employs real-time income tracking and budgeting algorithms to provide users with detailed insights into their financial health. By analyzing spending patterns and income allocation, the app enables users to make informed financial decisions and improve their overall financial management.
Funding
Funding not disclosed
Founders
Product
Problem
Hourly-paid workers often struggle to accurately track their work hours across multiple jobs, leading to incorrect pay and financial instability. Existing methods for tracking time and earnings are often manual, disorganized, and fail to account for complexities like overtime, breaks, and deductions. This can result in lost income and difficulty in managing finances effectively.
Solution
WAC is a mobile application designed to help hourly-paid workers and freelancers accurately track their work hours, manage their finances, and ensure they receive correct pay. The app allows users to add and track multiple jobs, record shifts with location-based proof, and organize upcoming work schedules with an advanced rota feature. WAC provides live payslip estimates, including deductions for tax, pension, and student loans, enabling users to anticipate their earnings and prevent payday panic. By streamlining work-life management and providing tools to understand worker's rights, WAC empowers users to take control of their finances and challenge incorrect pay.
Target Audience
The primary target audience includes hourly-paid workers, freelancers, and those in the gig economy who need a reliable tool to track their hours, manage their earnings, and ensure accurate payment.
Features
- Shift tracking with WAC in/out functionality, backed by location verification
- Rota management for organizing upcoming shifts, holidays, and breaks
- Live payslip estimates with tax, pension, and student loan deductions
- Reporting and invoicing features for exporting shift data by pay period
- Bill and expense tracking between paydays
- In-app marketplace for discounts on everyday purchases
- Automated overtime calculation
- Educational resources on worker's rights