Below is our recent interview with Stef Miller from Sprout Solutions:
Q: Could you provide our readers with a brief introduction to your company?
A: Sprout Solutions is the largest local SaaS company in annual recurring revenue (ARR) in the Philippines, impacting the lives of Filipinos by improving business in the country. Sprout offers an HR platform for the future of work with an ecosystem of desktop and mobile solutions that automate and simplify core HR & Payroll, recruitment, performance management, employee engagement and benefits, and valuable HR analytics. These innovative solutions have been consistently awarded by G2 and Capterra, recognized global review sites that identify top business software products—also awarded as a 2023 Growth Champion locally and in APAC by Philippine Daily Inquirer and the Financial Times.
Q: Any highlights on your recent announcement?
A: Sprout Solutions’ recently closed Series B, and we plan to strategically allocate fresh capital to fuel its growth and expand its product offerings. The infusion of funds will enable Sprout to enhance its technology infrastructure, invest in research and development, and expand its team to meet the growing demand for HR and business solutions in the Philippines.
Q: Can you give us more insights into your offering?
- A: Tailored for the Philippine market: We are the only local solution designed to address Philippine businesses’ unique pain points and regulatory requirements, ensuring compliance and seamless operations.
- Comprehensive automation: Our cloud-based platform streamlines HR processes, eliminating manual inefficiencies. We automate everything from simplified time and attendance tracking to a 99.9% accurate payroll system that reduces processing time by 90%.
- Advanced HR capabilities: Sprout empowers businesses with automated performance and learning management systems, efficient employee data management, and invaluable data analytics for informed decision-making.
- Expertise and insights: We share knowledge on HR best practices, market trends, and technology advancements, helping businesses stay ahead.
- Integrated benefits platform: Our solution includes a comprehensive benefits platform covering financial, physical, and psychological wellness, ensuring holistic support for employees.
- Hassle-free subscription model: As a software-as-a-service provider, we eliminate the need for in-house software maintenance and data storage. Our cloud-based system ensures secure data management.
- Product-focused approach: Unlike payroll service providers, we prioritize technology and product development to deliver a superior HR solution.
- Reliable customer support: We provide trustworthy and dependable customer support to ensure a seamless experience.
- Experienced leadership: With seasoned founders, leaders, and HR and payroll experts, we bring deep technical knowledge and deliver exceptional service.
Q: What can we expect from your company in next 6 months? What are your plans?
A: In the coming years, Sprout Solutions aims to establish itself as a leading B2B SaaS provider, offering a comprehensive suite of business solutions beyond HR technology.
We recognize the significant impact of SaaS in our daily work and understand that many individuals are already utilizing SaaS solutions. Our goal is to elevate the SaaS experience to new heights, simplifying lives, fostering business growth, and making a profound impact across various industries.
Q: What is the best thing about your company that people might not know about?
A: The best thing about our company is our people. Without our Rockstar employees, we wouldn’t have been able to reach the heights that we are currently in, closing Series B, growing our client base to 1,000+, and continuing to build our paradigm-changing solutions.
Together with our people, we have built a conducive environment for growth, learning, and career development. We are a certified great place to work, and we plan to continue improving it, growing it, and fostering our people so we can continue to impact the life of every Filipino by improving business in the Philippines.