Sprout Solutions Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Sprout Solutions Strengths, Domain Expertise, and Key Differentiators

In line with growing demands from the greater business landscape, Sprout Solutions continues to evolve into an AI-powered, human-led SaaS platform. It maintains the high standard of quality for its HR, timekeeping, attendance, and payroll solutions that it's been known for in the last ten years, but now employs both backend and employee-facing AI tools that improve both its software and its users' work efficiency.

Its core HR and payroll offerings are enriched by the inclusion of Sprout Finances, introducing both accessible early wage and emergency funds options to users. Sprout is the only HRIS and Payroll ecosystem in the Philippines that has these tools completely integrated to its product suite for reliable funds management.

Sprout also addresses the beginning of an employee's lifecycle by offering recruitment software and suites. These range from recruitment tools, applicant tracking systems, applicant screening and verification, and salary benchmarking tools.

Sprout Solutions also provides payroll outsourcing through certified professionals and integrated technology. It maintains payroll accuracy with dispute levels below 0.1% via a three-level audit process, allowing businesses to transfer complex payroll tasks to experienced specialists. These processes are being made even more efficient with the introduction of Payroll Sidekick, an AI backend with the aim to make our payroll processes even faster and more accurate.

To assist with our clients' regulatory requirements, we've also introduced sets of HR services, branded as HR Advisory Services. These services allow clients to connect with HR and legal experts to help assist with day-to-day HR activities, employee handbook and document setup and revisions, labor and compliance management, and other related tasks.

At the core of Sprout's offerings lies the Sprout Ecosystem, a robust and highly secure cloud-based People Platform. This comprehensive solution empowers companies to consolidate their entire HR operations within a unified interface, offering seamless management capabilities.

The Sprout Ecosystem provides an open API, facilitating the integration of other enterprise data sources, thus enabling organizations to harness the power of interconnected information. Furthermore, the invaluable analytics derived from Sprout Ecosystem empowers enterprises with actionable insights, facilitating informed decision-making across the organization.

Sprout Solutions Recent Developments

In April 2023, Sprout Solutions, secured $10.7 million in Series B funding from seven prominent global venture capital firms. The round was led by Cercano Management, with participation from SoftBank Ventures Asia, AFG Partners, GSR Ventures, Integra Partners, ACA Investments, and Mynavi Corporation.

To help bolster its already strong and in-demand payroll outsourcing services, Sprout Solutions acquired Philippine company JustPayroll Inc. in January 2024.

In June 2024, Sprout Solutions officially kicked off its operations in Thailand via its acquisition and rebranding of GainPlus Solutions Ltd., using a suite of products including payroll, timekeeping, and customer billing tools built for the Thai market.

In September 2024, Sprout launched Sprout Finances, a portfolio of fintech products designed to help employees build better financial habits. These include ReadyWage for earned wage access, ReadyCash for emergency funds through salary advances, and the upcoming ReadySaver, a high-interest savings account currently in development.

In November 2024, Sprout Solutions launched Sprout Keeper in the Philippines, a comprehensive time and billing solution for professional service firms. It streamlines time tracking, billing, and project management, helping businesses gain control of their financial growth and make data-driven decisions.

In June 2025, Sprout launched Sidekick Central: its platform hosting its different AI tools. In development since 2023 with the acquisition of AIAH, this centralizes Sprout's AI tools used as knowledge centers for product information and labor laws and regulations, as well as Concierge's customizable knowledge bases for our clients' use. This also is a space where future AI developments will be housed.

Sprout Solutions Mergers and Acquisitions (M&A) Activities

In July 2023, Sprout Solutions has finalized the acquisition of Aiah AI, a pioneering artificial intelligence (AI) company with offices based in the Philippines and Singapore. Aiah AI, through its technology, automates recurring business processes to increase productivity among companies and divert its focus to more higher-value activities.

Sprout Solutions completed the acquisition of JustPayroll Inc.’s operations, encompassing all clients and employees, as disclosed in January 2024. This transaction incorporates JustPayroll’s payroll and timekeeping services into Sprout’s infrastructure, strengthening human resources solutions for more than 1,700 clients and facilitating a structured transition for customers.

In June 2024, Sprout Solutions announced its expansion to the Thai market as Sprout Solutions Thailand, via the acquisition and rebranding of Thai HR tech developers GainPlus. Along with the now Sprout Solutions Thailand's continued operation in Bangkok, Sprout Solutions Philippines also brought over Keeper to introduce to the Philippine market.

Sprout Solutions Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sprout Solutions applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Sprout Solutions and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Sprout HR, Sprout Payroll, Sprout Recruit, customers.

Sprout Solutions Key Enterprise and Cloud Applications

Sprout HR, Sprout Payroll, Sprout Recruit,

Sprout Solutions Revenues, $M:

Sprout Solutions Revenue Breakdown By Type, $M:

Sprout Solutions Enterprise Applications Revenues By Functional Markets, $M:

Sprout Solutions Enterprise Applications Revenues By Verticals, $M:

Sprout Solutions Revenues By Region, $M

Sprout Solutions Direct vs Indirect sales

Sprout Solutions Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Sprout Solutions Customers

No. of Sprout Solutions Customers: 2000

No. of Sprout Solutions Enterprise Applications Customers: 2000

No. of Sprout Solutions Cloud Customers: x

No. of Sprout Solutions Cloud Subscribers: 300000

Sprout Solutions has successfully onboarded over 2,500 clients for HR and payroll solutions across multiple territories in the country, such as Metro Manila, Cebu, Pampanga, and Davao. This includes some of the largest companies in the Philippines. Its diverse client base spans various industries, demonstrating its capacity to meet different needs. Notable customers include DHL Philippines, VXI Global Solutions, SM Development Corporation (SMDC), i-Fern, and Zurich Finance, among others. With over 300,000 users currently using Sprout Solutions' platform, the company aims to reach one million users.

With its operations in Bangkok now set up, Sprout Solutions is now ready to serve the Thai market as well, specializing in micro and SME businesses.

Sprout Solutions Market Opportunities, M&A and Geo Expansions

While ReadyWage and ReadyCash were both successful launches for the company with a strong base of users to support them, Sprout Finances is still developing ReadySaver in order to further establish the suite's goals of promoting financial literacy and responsibility to employees in the Philippines.

With the introduction of Sidekick Central, Sprout is currently developing AI tools to help both with its core products' backend, specifically right now with Payroll Sidekick, and for the user experience, such as improved versions of its Concierge and Inbound AI tools.

Sprout's Business Division aims to be a key contributor to Sprout's growth by delivering impactful business solutions, expanding to new customer segments, and driving consistent revenue generation. The overall strategy for the division's hero products, Sprout Keeper and Sprout Inbound, includes hyper-targeted initiatives, customer-driven enhancements, and sales acceleration.

Sprout Keeper was added to our roster from our Thailand expansion and adapted for the Philippine business environment. The team aims to introduce Sprout Keeper as a comprehensive time and billing solution to professional service firms in the local market.

Sprout Inbound's roadmap involves exploring further product developments and platform integrations. The product aims to boost its mindshare and utility in the Philippine automotive and real estate market as an AI sales frontliner for top-of-funnel dominance.

Sprout's Wellness offerings, while popular in the pandemic era of work, are being reworked to reflect the newer needs of the market. This includes revamping the product's user journey as well as seeking out new partnerships to build a new suite of wellness services.

Sprout Solutions strategically caters to the requirements of multinational corporations seeking scalable HR solutions to effectively navigate the dynamic landscape of the local call-center economy. Notably, during the unprecedented pandemic period of 2020-2021, Sprout Solutions distinguished itself as a pioneer in hybrid work arrangements. Leveraging this expertise, the company has significantly expanded its comprehensive suite of HR services to cater to the diverse needs of enterprise-level organizations across the entire employee experience life-cycle.

Sprout Solutions Risks and Challenges

Sprout Solutions has experienced rapid expansion and secured significant investments, strengthening its market position. However, the company's ongoing operational losses could undermine investor confidence and hinder long-term growth if not effectively managed, potentially limiting its ability to capitalize on new opportunities and maintain competitive advantage.

Sprout Solutions Ecosystem, Partners, Resellers and SI

The Sprout Ecosystem dashboard makes all of a user's products and services easily accessible to them. This includes Sprout's own products, such as HR and payroll analytics with Insight, access to all our AI tools via Sidekick Central, and salary benchmarking research with BenchMark.

Sprout's Sidekick Central is an ecosystem of Sprout's AI tools within the Ecosystem itself, allowing for a unified and customized experience to interact with all of our current and future AI developments.

The following are some of the software and service providers that help build out our Ecosystem - JazzHR for Sprout Recruit+

- Manatal for Sprout Recruit

- Netbank for ReadyCash and ReadyWage

- HR Performance Solutions for Performance+

- Beppo for booking and accounting services



In an effort to boost integration with third party service providers that build up our Talent, Retention, and Business product categories, we've introduced the Partner Hub as a first stop for all our potential partners. It contains public API documentation that developers can use to create their own integrations independently before or during their time as a Sprout partner.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: