Collective
paid
$199/month
Free trial
Accounting & Tax · Comparison
Collective
Relay
Collective vs Relay for therapists
Auto-generated from listing data
At a glance
The differences that matter
Side-by-side facts. Rows where the two tools differ meaningfully are highlighted.
| Feature | | |
|---|---|---|
| Pricing from | $199 / mo | $30 / mo |
| Pricing model | paid | free |
| HIPAASame | Not listed | Not listed |
| Free trialSame | Yes | Yes |
| Target users |
|
|
| Key features |
|
|
| Integrations |
|
|
Collective
- Pricing from
- $199 / mo
- Pricing model
- paid
- HIPAA
- Not listed
- Free trial
- Yes
- Target users
- Therapists earning $80K+ considering S-Corp
- Solo practitioners ready to incorporate
- Key features
- S-Corp formation
- Payroll
- Bookkeeping
- Tax filing (business + personal)
- Integrations
- Bank accounts
- Stripe
Relay
- Pricing from
- $30 / mo
- Pricing model
- free
- HIPAA
- Not listed
- Free trial
- Yes
- Target users
- Group and growing therapy practices
- Clinicians budgeting via buckets
- Practices organizing cash flow
- Key features
- Business checking with sub-accounts
- Cash-flow budgeting buckets
- No monthly fees (Standard)
- FDIC coverage up to $3M
- Integrations
- QuickBooks
- Xero
- Accounting tools
Pricing
What you actually pay
Starting prices and what they include. The cheaper tool is not always the better value.
Relay
free
$30/month
Free trial$169/mo less than the other
Honest assessment
Where each tool wins and loses
Based on hands-on testing. Both tools have real weaknesses worth knowing before you commit.
Collective
What works well
- Full-service S-Corp setup
- Includes payroll
- Saves self-employment tax for higher earners
Where it falls short
- Not therapy-specific
- Higher monthly than Heard
- Only worth it for higher-earning practices
Relay
What works well
- Sub-accounts for budgeting
- No monthly fees (Standard)
- High FDIC coverage
- Integrates with accounting tools
Where it falls short
- Not therapy-specific
- APY only on savings
- Banking via partner bank
- Not a clinical/PHI tool
Take it for a spin
Try them
Both tools offer free trials. The fastest way to confirm a fit is to run one real session through each.
S-Corp formation, payroll, and tax for self-employed professionals.
Try Collective
From $199/moFree trial
Visit CollectiveBusiness banking with sub-accounts for organizing practice cash flow.
Try Relay
From $30/moFree trial
Visit RelayAbout this comparison
This comparison is auto-generated from verified vendor data. We compile pricing, features, and integrations from each vendor's own documentation. For editorial comparisons with hands-on testing, see our editorially reviewed comparisons.
Auto-generatedWe may earn a flat referral fee if you sign up through links on this page. It is the same for every tool in a category, so it never affects our recommendations.
Some listings on Mytherapist Tools are paid placements, clearly labeled. Paid placement does not buy editorial recommendation. Our top picks are chosen on merit.