Case Study: 1840 & Company reduces global payroll costs by 50% with Thera

How Thera Helped 1840 & Company Transition 330+ Contractors & Reduce Costs by 50%

1840 & Company, a business process outsourcing and staff augmentation firm, faced significant challenges with their previous global payroll provider. As the company scaled, high service fees, foreign exchange costs, and hidden expenses began to negatively impact their profit margins, making their existing solution unsustainable for growth.

Thera implemented its all-in-one global payments platform for 1840 & Company, providing automated payroll, compliance, and a self-service portal. This solution cut the company's service bill by 50%, facilitated a seamless transition for over 330 contractors, and saved them hundreds of hours in financial administration, allowing them to reinvest resources into business growth.

1840 & Company

Bryan DiGiorgio

Founder & Chief Executive Officer