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What is Thera?

Thera is an all-encompassing payment solution tailored for swiftly growing international teams. It allows you to effortlessly recruit, compensate, and manage your workforce while maintaining compliance with local regulations and standards. With a focus on safeguarding your financial stability and boosting operational efficiency, Thera provides a unified platform to streamline your processes. Its automated features, adaptability, and strength enable you to set payroll to operate automatically, making it easy to hire employees around the world while ensuring compliance. By using our service, global teams can save countless hours that would otherwise be spent on payroll tasks. Moreover, the entire accounts payable and receivable workflow can be automated, from approvals to payments, with minimal effort involved. This user-friendly system transforms the management of receivables from a complex task into a simple and stress-free procedure. Clients can create invoices and choose from a variety of payment methods, which adds convenience for all parties. This innovative strategy not only simplifies financial transactions but also enhances overall financial management, ensuring a smoother experience for international operations. Additionally, Thera's robust analytics tools help teams track and optimize their financial performance over time.

What is Emerald Technology?

Emerald Technology is built for growth-stage and private equity backed technology companies that need to hire abroad without a local entity. It pairs specialist talent acquisition with Employer of Record (EOR) software and global payroll, so one accountable team finds, employs and pays people compliantly in 150+ countries. Country-specific employment contracts are issued within 48 hours of offer acceptance, against a 14-day industry standard, and using EOR instead of setting up an entity saves an average of £100,000 per market. Each account and each employee has a named contact, not a ticket queue. Emerald has been placing technology talent for over 25 years and supports more than 500 technology companies.

Media

Media

Integrations Supported

Integrations Supported

BambooHR
Docusign
Expensify
Slack
Veremark

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

£500 per employee, per month
Entry: £500 per employee, per month. Growth: £750 per employee, per month, adding custom work benefits configuration.
Enterprise: custom, priced individually, adding work visa services, employee engagement support, and reference and security checks.

Included at every tier: a named customer success contact for administrators and employees, core platform, compliant contract generation within 48 hours of offer acceptance, payroll and employment process management, onboarding, and continuous compliance monitoring.

No markups, no hidden fees, no onboarding or offboarding fees, and no exit costs if a market is later wound down. Set against an average of £100,000 per market in entity setup costs avoided.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Thera

Date Founded

2021

Company Location

United States

Company Website

www.getthera.com

Company Facts

Organization Name

Emerald Technology

Date Founded

2000

Company Location

United Kingdom

Company Website

www.emerald-technology.com

Categories and Features

Accounts Payable

Not specified

Accounts Receivable

Not specified

Contractor Management

Not specified

Contractor Payment

Not specified

Employer of Record

Not specified

Global Payroll

Not specified

Payroll

Not specified

Categories and Features

Agent of Record (AOR)

Not specified

Employer of Record

Emerald Technology integrates expert talent recruitment with Employer of Record services and international payroll solutions, enabling growth-stage and private equity-backed tech firms to recruit, hire, and compensate employees in over 150 countries without needing a local presence. This approach accelerates headcount expansion by tenfold and typically results in an average savings of £100,000 per market.

Not specified

Global Employment Platforms

Emerald takes care of your hiring needs by recruiting, onboarding, and ensuring compliant payroll for employees in over 150 countries. You will have a dedicated team member who is responsible for your account and responds to your inquiries on the same day.

Not specified

Global Payroll

Emerald Technology integrates talent sourcing, Employer of Record (EOR) services, and international payroll solutions across more than 150 countries. Achieve a tenfold increase in headcount speed while saving an average of £100,000 per market.

Not specified

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