Oceans is a business process outsourcing firm that matches highly skilled and vetted talent in Sri Lanka to US and other global companies. Founded in 2022, Oceans has and still is  experiencing rapid growth and today they have an impressive team of over 240 contractors. 

Oceans turned to Thera’s global payments platform to automate their contractor management, payments, and compliance processes. Today, the group spends less time on ops and management — and more time focusing where it matters, allowing them to ride their ongoing wave of success.

Processing payroll for 200+ contractors is time-consuming, error-prone, and inefficient.

Oceans is a recruitment agency that matches companies with highly-vetted talent in Sri Lanka. They have a team of over 240 contractors and a large customer base ranging from startups to enterprises.

Given the volatile nature of the Sri Lankan currency, Oceans offers its contractors the option to be paid in USD. This is a significant incentive for Oceans to attract top talent in the country.

Unfortunately, this means the Oceans team has to spend several hours every month processing each wire transfer, one at a time. "There was a time when I had scheduled 200 payments, and there turned out to be an error forcing me to start all over. It was incredibly frustrating!" says Ian, the founder of Oceans.

To add to their troubles, managing expenses and reimbursements had become a significant hassle as the company has expanded.

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A centralized payments platform that manages payroll, expenses, and compliance––all in one platform.

With Thera, Oceans was able to save precious hours by running monthly payroll on autopilot. Thera's bulk review, approval, and payment features facilitate payments to their contractors with just a few clicks, reducing the payroll processing time from hours to mere minutes.

No more manual wires, no more manual data entry, and no more wasted time - everything is in one single streamlined platform that both the admins and contractors can access.

"The Thera team onboarded us in a matter of days and made the process completely hassle-free. They are always willing to help out," says Ian.

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A Fast-Growing Global Business with Payroll on Autopilot

Moving to Thera saved Oceans $50,000 in transaction fees, service fees, and other hidden costs. More importantly, it saved hundreds of hours that the team would have spent managing payroll, allowing them to focus on growing the business.

Managing a global workforce is now a simple, streamlined task, helping Oceans become one of the fastest-growing agencies in its category.