Nectar vs Forma

Compare and evaluate Nectar vs Forma based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

Nectar offers Employee Recognition Platform, Employee Rewards Platform, Corporate Gifts to companies with 0 employees. Forma offers Lifestyle Spending Account, Health Savings Account (HSA), Health Care Flexible Spending Account (FSA) to companies with 1,000,000 employees.

The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

Nectar

4.6 (6)

Product Description

Nectar

Nectar makes peer-to-peer recognition simple and easy for companies looking to build a culture of appreciation. Send shoutouts to a... Show More

Forma

-

Min. Group Size

Nectar

50 eligible

Forma

250 eligible

Lives Serviced

Nectar

20,000

Forma

-

Product Specific Features

Nectar

-

Forma

-

Features

Nectar

✓

Global Capabilities

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

Forma

✓

Global Capabilities

✓

iOS Native Application

✓

Android Native Application

✓

Responsive Design

✓

GDPR Compliant

✓

SSAE 18 / SOC Audit(s) Performed

✓

3rd Party Integrations

Official Resources

Nectar

Forma

Media

Nectar

Forma

About

Nectar

Nectar helps team members feel valued, connected and engaged no matter where they work. Build camaraderie and celebrate wins both... Show More

Forma

Forma is the leading platform for LSAs and flexible benefits, enabling employers to deliver personalized benefits for employees, increase administrative... Show More

Founded

Nectar

01/2017

Forma

2016

Location

Nectar

Lehi, Utah

Forma

Fremont, CA

Employees

Nectar

Not Provided

Forma

180

Funding Summary

Nectar

None

Forma

40M Series B

Website

Reviews

Nectar

4.6 (6)

Star Featured Review

Cassidy Gonzalez

November 9, 2020
It's a good product, but very basic. Wish the integration with slack was a bit more user friendly.
Star Featured Review

Jennifer Martin

October 8, 2020
The product is user friendly and fits our needs exactly.
Show All Reviews

Forma

5.0 (3)

Star Featured Review

Whitney Ayers

August 12, 2025
When Garver launched its Lifestyle Spending Account (LSA), we knew we wanted a partner who believed in our goals and... More
Star Featured Review

Eric Coutryer II

May 1, 2025
Forma has been awesome! It’s been an amazing experience to provide wellness purchasing power to our employees

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