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Thursday, October 19, 2017

Sprout Solutions Underlines the Benefits of HR and Payroll Automation



Innovation, changing the way HR works
Sprout Solutions underlines the benefits of HR and payroll automation for businesses of all sizes

The recent ‘State of HR in the Philippines’ report published by Sprout Solutions ranked the major pain points Filipino HR (human resource) practitioners face. Garnering the most votes from a thousand participants are recruitment (56.90%), timekeeping (40.30%), and payroll (38.90%). These identified pain points, which can be really tedious and time-consuming, are actual problems for companies operating in the Philippines regardless of its size.

Good news is technology is continuously changing the business landscape. Today, these HR administrative tasks can be automated through cloud-based software solutions that positively impact productivity and efficiency -- generally improving a company’s bottom line.

According to Patrick Gentry, CEO and Co-founder of tech startup Sprout Solutions, companies are now recognizing the value of investing in software tools that streamline HR and payroll processes which ultimately, enhance productivity, develop employee-employer relations and meet the changing demands of today’s workplace.

“HR automation is now a huge deal for organizations as it can bring fundamental changes in the roles HR play for business growth. HR professionals can now spend more time establishing insights that provide added value for their workforce as technology gradually eliminates the administrative aspect of their job,” added Gentry.

With the Philippines having a total of thirty-two pay rates including night shift differential, overtime pay, holiday pay, among others, HR and payroll processing can get really complicated. Unfortunately, many business organizations are still doing these tasks manually making them prone to discrepancies, errors and even delays. Such inaccuracies are known to cause mistakes in the salary being paid, often resulting in an unhappy staff and strained relations between employees and employers. Meanwhile, from an operational cost standpoint, these incongruities can also lead to higher expenses.

Aside from that, a number of reports are also required from HR practitioners and/or payroll masters to comply with government mandatories. Filing of forms and getting updated reports from the agencies that monitor and collect employee income taxes and contributions can also get complicated especially for growing businesses.

Sprout Solutions, a provider of locally developed and global-quality HR and payroll software, addresses these major pain points through paradigm-changing solutions tailor-fitted for local enterprises.

The company offers customized solutions for its clients through its two modules: Sprout HR and Sprout Payroll. These programs are world-class software solutions that enable HR professionals to perform crucial tasks, both in payroll and HR, within a single dashboard.

Having all HR data reside on one integrated platform, Sprout makes it easier to track work in progress, daily attendance, leave requests, among others. Their comprehensive payroll system is also able to cut processing time by ninety percent.

Sprout’s cloud-based software tools enable organizations to efficiently comply with government requirements by making mandatory government forms accessible and downloadable (with encoded information) through the payroll module.

The tech startup is known to be the only solutions provider to truly automate complex payroll and timekeeping processes that exist for BPO companies and other time-sensitive industries in the Philippines. It has already earned the trust of more than 200 clients, composed of small businesses and some well-established industry players with thousands of employees and is the first Filipino company to be accepted by Acceleprise, a Silicon Valley enterprise SaaS accelerator. It has since expanded its operations to help businesses grow through its software solutions that address HR and payroll needs.

To know more about Sprout Solutions and its services, visit their website at https://sprout.ph/.

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