Sprout offers a localised HR/Payroll solution designed for the emerging markets, addressing the unique challenges of government regulations and market nuances. This enables HR departments to digitise their operations end-to-end.
Problem
- Manual HR processes: In the Philippines, most HR tasks are still done manually with outdated systems, leading to significant inefficiencies in managing employee data and operations.
- Complex payroll: Managing payroll is challenging, with over 20 different payroll tiers and the need to submit documents to four government agencies, which increases workload and the risk of errors.
- Lack of digital tools: The absence of digital tools makes it harder to ensure efficiency and compliance. Implementing a HR Information System can streamline processes, reduce errors, and save time.
Solution
- Localised HR solution: Sprout provides a tailored HR platform that addresses local government and tax requirements, as well as market-specific needs, enabling seamless digital management of HR documentation.
- Automated payroll: The platform offers 100% automated payroll processing, streamlining everything from attendance tracking to payouts for daily/hourly wage earners, reducing payroll processing time by 90%.
- SAAS ecosystem: Sprout is expanding its ecosystem with additional SAAS offerings, allowing clients to manage payday loans, HMO plans, and claims online, and integrate ERP solutions. The company is also expanding its SaaS ecosystem across ASEAN countries like Thailand.
Media Links
Type
Enterprise
Focus Area
Enterprise and Sustainability
Capital Raised (US$)
6M to 20M
Operational HQ
Philippines
SECTOR
Enterprise Data & Software and SaaS
status
Current
founders
Patrick Gentry,Alexandria Gentry
partnered
2017
exited
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