Thera (YC S22)

I run multiple businesses and employ hundreds of people worldwide—marketers in the United States, project managers in Europe, designers in the Philippines, and so on. It truly is a global team. However, running payroll for an international team is no joke. Different types of contracts, currencies, payment cycles, FX rates, and so on. This slowly became a huge hassle for us. I would spend hours sending contracts, making manual payments, and tracking each payment. I used to hate payday. Then I came across Thera (YC S22) company that’s making international payroll a breeze for agencies and SMBs. They are a global payroll and contractor management platform that helps you pay talent in 150 countries. Here’s why I think they’re the right option for busy business owners like me: Best FX rates: The biggest complaint I would get is how much payroll providers were deducting in FX fees. Thera has the best FX rates in the market and ensures your contractors get up to 3% more in their bank accounts compared to other providers. Instant payouts: Most payments happen instantly, like magic. I’ve never seen these speeds before. Agency-friendly: They understand agencies and small businesses and cater to them better than some of the larger players. With them, you’re a valued customer and not a drop in the ocean. Dedicated Slack channel: My favorite part - every customer gets a dedicated Slack Connect channel for fast support. No more raising tickets and waiting for 48 hours for a response. Their team responds in less than 10 mins and is available round the clock. Thera makes it incredibly easy to manage payroll operations for a large global team. If you’re a busy founder like me with a global team, reach out to them. Tell them I sent you. Check them out here: https://www.getthera.com #therapartner #payroll #remote #team