Logo of Thera

Thera

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Company health

Employee growth
37% increase in the last year
Web traffic
18% increase in the last quarter
Financing
May 2022 - $4M

Ratings

G2
4.9/5
(24)

Thera description

Thera is a software platform designed to manage payroll, benefits, and compliance for companies with international contractors. It aims to simplify global payroll and accounts payable/receivable processes. Thera emphasizes cost savings compared to competitors, particularly in areas like foreign exchange rates. They promote fast payouts, dedicated customer support, and a streamlined user experience for managing contractor payments.


Who is Thera best for

Thera streamlines international payroll, benefits, and compliance for small businesses. Users praise its fast payments, low fees, and great customer support. However, some have noted minor glitches and the absence of a mobile app. If your company needs an easy-to-use platform for managing global contractor payments, Thera could be a good fit.

  • Best for small businesses with international contractors.

  • Ideal for globally distributed teams in any industry.


Thera features

Type in the name of the feature or in your own words tell us what you need
Supported

Thera supports multi-country payroll and manages compliance with local regulations.

Supported

Thera automates accounts payable processes, streamlining billing and payments.

Supported

Thera offers compliance support for payroll, taxes, and benefits, covering over 150 countries.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly positive
+1

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+1

Reliability and Performance

Strongly positive
+0.88

Thera reviews

We've summarised 24 Thera reviews (Thera G2 reviews) and summarised the main points below.

Pros of Thera
  • Fast and reliable payment processing, often within minutes.
  • Low transaction fees and favorable exchange rates.
  • User-friendly platform and easy onboarding process.
  • Excellent and responsive customer support.
  • Streamlined payroll management for international contractors.
Cons of Thera
  • Calendar glitches when creating invoice descriptions.
  • Auto-withdrawal feature occasionally malfunctions.
  • Lack of a mobile app.
  • Limited payment channel availability for some currencies.
  • Basic website design.

Thera pricing

The commentary is based on 14 reviews from Thera G2 reviews.

Reviewers consistently praise Thera's low transaction fees and cost-effectiveness compared to competitors like Deel and Upwork. They appreciate the fast withdrawals and favorable exchange rates, making Thera a budget-friendly choice for international payments.

Users sentiment

Strongly positive
+1

See the Thera pricing page.

US Payroll

$10 per employee/month

Onboard and pay employees hired through your entity. Handle multi-state US payroll and local HR tasks.

Contractor Management

$30 per contractor/month

Hire and pay contractors compliantly with localized contracts and compliance document collection.

Employer of Record

$199 per employee/month

Hire in 135+ countries. Handle all local HR tasks, from government declarations to payroll deductions.


Thera alternatives

  • Logo of Paylocity
    Paylocity
    Better fit for companies with primarily US-based employees. Broader HR features beyond payroll and contractor management. Has slower momentum.
    Read more
  • Logo of Ontop
    Ontop
    Better for companies focused on Finance, IT, Professional Services, or Transportation and Logistics. Offers a helpful mobile app and virtual card. Ontop, a Thera competitor, has lower ratings and declining employee growth.
    Read more
  • Logo of Gloroots
    Gloroots
    Gloroots has broader ideal customer profile. It supports slightly fewer countries. Website traffic is growing faster, however, LinkedIn employee growth is slower. Gloroots also offers onboarding features. It has positive ratings on Glassdoor.
    Read more
  • Logo of Gig Wage
    Gig Wage
    More focused on US-based contractors. Has slower momentum and lower ratings.
    Read more
  • Logo of Transformify
    Transformify
    Better for mid-sized businesses seeking integrated applicant tracking, HR, and payroll. Focuses on diversity and inclusion but has a steeper learning curve. Growing faster.
    Read more
  • Logo of Skuad
    Skuad
    Supports full-time employees and contractors.
    Read more

Thera FAQ

  • What is Thera and what does Thera do?

    Thera is a software platform streamlining global payroll, benefits, and compliance for companies with international contractors. It automates accounts payable, manages multi-country payroll, and ensures compliance in over 150 countries. Thera prioritizes cost savings, fast payouts, and excellent customer support.

  • How does Thera integrate with other tools?

    Thera integrates with existing accounting and HR tools to streamline payroll and payment processes. It also connects with various payment channels to facilitate transactions in multiple currencies for international contractors.

  • What the main competitors of Thera?

    Alternatives to Thera include Paylocity, Rippling, Transformify, Ontop, MaestroPayment, and Gloroots. These competitors offer similar features for managing international payroll, contractor payments, and compliance, often targeting businesses of varying sizes and with varying levels of global reach.

  • Is Thera legit?

    Thera appears to be a legitimate platform. User reviews praise its speed, low fees, and excellent customer service. While some users mention minor software glitches, overall feedback is positive, suggesting Thera is safe and reliable for managing international contractor payroll.

  • How much does Thera cost?

    Thera's US payroll service costs $10 per employee/month. Contractor management is $30 per contractor/month. Employer of Record services are $199 per employee/month. They offer bulk discounts, making Thera potentially worth it for larger businesses.

  • Is Thera customer service good?

    Thera's customer service is consistently praised in reviews. Users highlight the "quick," "prompt," and "instantaneous" support they receive through the help chat and other channels. Many reviewers appreciate the helpfulness and efficiency of the customer service team in resolving their queries.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.