Press Release

Purchasing Power®, an employee purchase program offered as a voluntary benefit, has closed on its first-ever acquisition by purchasing the software technology assets of DoubleNet Pay, Inc., an Atlanta-based fintech company. Closed on Sept. 28, the acquisition provides innovative technology for...

Alliant Insurance Services and their Voluntary Benefits Plan® (VBP) have added Purchasing Power® as a new voluntary benefit to its union members’ benefits package. VBP is provided to more than 200,000 dedicated union members.

David J. Skinner has been named Regional Sales Director at Purchasing Power, LLC, one of the fastest-growing e-commerce voluntary benefit companies offering a leading employee purchase program through the convenience of payroll deductions. Skinner is based in Indianapolis and assumes sales...

The Corporate Volunteer Council of Atlanta (CVC) named Purchasing Power, LLC as the Corporate Volunteer Program of the Year in the small to medium business category at its 21st annual IMPACT Awards celebration. The awards were announced and distributed Wednesday, Sept. 12, at the Georgia Freight...

Timo Kirschner has been named Vice President, Supply Chain at Purchasing Power. He will be based in Atlanta and report directly to Purchasing Power Chief Executive Officer Richard Carrano. In his new role, Kirschner will oversee all aspects of supply chain management, including vendor performance...

Racquel Roberts has been promoted to Chief People Officer at Purchasing Power, LLC, one of the fastest-growing voluntary benefit companies offering a leading employee purchase program through the convenience of payroll deductions. In her new role, Roberts will continue to oversee the company’s...

Realizing that helping employees overcome some of their financial challenges is only part of the solution to greater financial flexibility, Purchasing Power, LLC, one of the fastest-growing e-commerce voluntary benefit companies offering a leading employee purchase program through the convenience...

The annual back-to-school shopping survey results are in, and whether parents and students are planning to buy their supplies online or in-store, weeks or days in advance, one thing stays the same every year – the need to be able to pay for it all. Purchasing Power®, the leading employee purchase...

The Stevie® Awards announced recently that Purchasing Power’s “Fueling Financial Wellness @Work” roadshow has won the 2108 Silver Stevie Award for “Brand Experience of the Year: Business-to-Business.” Selected from dozens of entries, the experiential marketing effort was officially cited by The...

Rachael Chesley and Shannon Lane have been named Regional Sales Directors at Purchasing Power, LLC, one of the fastest-growing e-commerce voluntary benefit companies offering a leading employee purchase program through the convenience of payroll deductions. Chesley is based in San Diego and assumes...