Case Study: Oceans saves 100+ hours in payroll processing with Thera

How Thera Helped Oceans Free Up 100+ Hours in Payroll Processing

Oceans, a recruitment and business process outsourcing agency based in Sri Lanka, faced a significant challenge in manually processing payroll for its 240+ contractors. This process was highly inefficient and error-prone, especially complicated by their offer to pay contractors in USD due to local currency volatility. Thera provided a centralized payments platform to automate and streamline this operation.

By implementing Thera's platform, Oceans automated its monthly payroll, eliminating manual wire transfers and data entry. This solution saved the company over 100 hours per month in payroll processing and $50,000 annually in various fees. Thera also helped Oceans achieve a 45% increase in contractor retention, allowing the team to focus on business growth.

Oceans

Ian Myers

Founder