Sprout offers digital payroll solutions to SMEs

MANILA, Philippines — Small and medium enterprises (SMEs) now have an easier time complying with government regulations with the official launch of payroll for small businesses by Sprout Solutions at the Department of Information and Communications Technology’s (DICT) Tech Advantage summit last Thursday.

Sprout Solutions is a software-as-a-service (SaaS) company based in the Philippines that aims to help businesses through their suite of innovative HR and payroll management solutions.

Payroll for Small Businesses is part of Sprout’s advocacy for improving businesses in the Philippines by giving them access to solutions that will help them grow. Small businesses don’t always have enough resources to efficiently process payroll, which is why Sprout is offering their payroll module for free until they are ready to avail of the full range of services.

According to the 2018 List of Establishments of the Philippine Statistics Authority (PSA), medium-sized and smaller enterprises make up 99.5 percent of registered businesses in the Philippines. Many SMEs simply lack the manpower to efficiently process payroll while allowing their HR to focus towards strategic responsibilities like skill and capacity building.

Sprout’s main direction has always been to help businesses by solving problems with compliance. Avoiding non-compliance can bog down budding businesses because of the time and effort it takes to carry out the iterative tasks of payroll and timekeeping. This problem is even more critical for smaller businesses that need to focus resources on operational concerns rather than administrative tasks.