Help Your Employees During Financial Emergencies
of Filipino employees have no emergency funds established.
For Employees
- Get emergency funds in minutes
- No forms needed
- 24/7 access through mobile or web
- Interest-free
- Risk-free
For Employers
- Near zero admin work
- Automatic salary deductions and repayment
- No company liability
- 100% free for companies
- Visibility over employee transactions through the Finances Admin Dashboard
"Sprout ReadyCash has been very helpful. I love seeing our employees use this and talk to us about how great this benefits have been."
Discover how ReadyCash has empowered countless employees to overcome financial hurdles.
Employer Benefits
- Stop Predatory Loans: Protect your employees from high-cost lenders charging outrageous fees.
- Be the Employer of Choice: Show your employees you care by offering financial help during tough times.
- Borrow with Confidence: Employees can borrow emergency funds easily and securely with no hidden fees, simple calculations, and zero-interest.
Employee Benefits
- Fast & Hassle-Free: Forget waiting in lines or worrying about approvals. Funds go directly to your employee's bank account.
- No Risk for Your Business: All contracts are directly between our partner and your employees. You simply remit the payment and relax.
How ReadyCash Works
Within minutes, their funds are transferred directly into their payroll accounts, reducing financial stress and boosting morale.
Employer FAQs
ReadyCash is designed to minimize administrative work for you. The entire application and repayment process is automated. For added control, there is a ReadyCash Admin Dashboard for managers to monitor if there are potentially high volumes of transactions.
This dashboard will offer features like:
- Cash Advances: Search for specific salary advance/s entries.
- Salary Advance/s Details: View in-depth information about a particular salary advance/s.
Employee FAQs
- Log in to your Sprout HR account on your desktop or mobile app.
- Look for the ReadyCash widget and click on “Get Cash”.
- Choose the amount you need and select your preferred payment terms.
- Enter the reason for your request.
- For first-time users, upload a valid government ID for verification.
- Review and agree to the terms and conditions before submitting your request.
- That’s it! The funds will be deposited directly into your payroll account in less than 2 minutes
- Note: A prompt will appear if you’re not yet eligible for this service.
ReadyCash can provide you with up to Php 50,000 at a time. However, the maximum salary advance/s amount depends on your salary and your company’s policies.
The approval process is very quick. Once you request a salary advance/s through Sprout HR, you can receive the funds in your payroll account in less than 2 minutes.
Repayment is automatic. The chosen amount will be deducted from your salary in installments over your selected repayment term.
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