Press Realese: Innovation, changing the way HR works

Sprout Solutions underlines the benefits of HR and payroll automation for businesses of all sizes

Taguig City—October 10, 2017 — 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/.

Press Release: Carpooling is getting more convenient as Wunder Carpool introduces big improvements

The world’s leading urban carpooling platform Wunder Carpool has recently rolled out a big update on its app, optimizing the carpooling flow and made creating and finding rides a lot easier.

These changes on the app interface are based on suggestions and feedback it got from its growing community members since it launched in Metro Manila and Cebu last year.

Wunder also launched operations this year in Delhi, Mumbai & Bengaluru.

Wunder’s mobile app connects people commuting in same direction for work and/or home. Car owners share the empty seats in their cars and save money on fuel cost. Passengers get the comfort and convenience of commuting through a private car at a price that is way lower than taxi and often cheaper than public transportation. At the same time, it allows you to choose people you would like to carpool with and it becomes an opportunity to make new friends, network with people in your industry while you commute to work.

Here are the top 7 improvements that every carpooler has been waiting for:

  1. For first time carpoolers, an in-app preview is now available to check out the app’s main features. Newbies can get a virtual walk-through on how the app works before even logging in.
  2. To make carpooling more secure, you are now required to key in their phone number as part of the 2-step user verification process.
  3. Carpoolers can now easily create rides, pick a preferred route and switch role on each ride.
  4. Car-owners are now free to set the fare for each ride shared and can even set it to zero, if they want
  5. Organizing a carpool is now easier with its improved browsing interface & better matching on the map.
  6. The app now has a “My Rides” screen to give a clear overview of all upcoming rides and highlights required actions to manage each organized carpools.
  7. For recurring carpools, a new feature allows to easily create routines and save them the trouble of setting ride requests/ride offers every day.

Founded in 2014 in Germany, Wunder is launching carpooling communities in the world’s most gridlocked cities. It now has more than 700,000 users from India and the Philippines, sharing over 2 million rides.

UTRUST Poised to Take the Blockchain Payments Industry in Asia

Press release regarding UTRUST and its first round of public ICO.

UTRUST Poised to Take the Blockchain Payments Industry in Asia

Blockchain payment platform UTRUST is going where no other of its kind has gone before. Leveraging a team of experts from various consumer and corporate business, financial, legal, and technical fields, it is building a groundbreaking service that promises to change the way the world uses cryptocurrency. By adopting a familiar experience combined with safety features that render payment fraud obsolete, UTRUST is building the payments platform of the future.

Many have hailed crypto coins as the currency of the next generation. One of their main selling points is their decentralized and secure blockchain-based origins. This solves many of the problems inherent in today’s fiat currencies and bank-based payment structures. However, cryptocurrency is still relatively unheard of in the Philippines and most of Asia, owing to the complications arising in their use.

UTRUST seeks to change this. The service is the ideal entry-point to increase the adoption of cryptocurrencies in emerging markets, by serving as a bridge between crypto and fiat users. Buyers will able to purchase any product using their favorite coin, without the extra hassle of converting to fiat first. The platform automatically does this, and delivers the payment in fiat money to the seller. This simple process makes UTRUST the PayPal of digital currencies.

However, the service really shines in its cutting-edge security features. Imagine being able to shop online with complete peace of mind, knowing you cannot be defrauded. Users can use UTRUST to pay for their purchases — the payment is kept safe in the service’s centralized escrow system, and is only delivered to the merchant upon receipt of the goods. In the unlikely case that a dispute arises, UTRUST’s dedicated resolution team takes action and resolves it within a fixed timeframe. No more waiting for weeks to get your funds back!

Home-based entrepreneurs will also benefit by adopting the system. Aside from lower selling fees and faster approval speeds, merchants no longer need to fear the threat of chargebacks. By tapping into the fiat financial system, utilizing an intuitive interface, and building trust between buyers and sellers, UTRUST makes transitioning into cryptocurrencies a breeze.

Nuno Correia, CEO, said: “UTRUST sees the potential of cryptocurrencies and digital technology to transform financial services provision in both developed and developing markets. The potential gains are particularly exciting in emerging markets where mobile phone penetration could recreate the role physical banking infrastructure plays in developed markets.”

The service helps its users break away from the clunky banking infrastructure completely by using their mobile phones as financial hubs. Imagine being able to pay anything through your phone, without a bank account — purchases, mortgages, loans, and more. In a country whose mobile phones far outnumber its own population, UTRUST can change the way Filipinos think of finance.

UTRUST will launch its first round of public ICO on September 20th (2PM GMT). There will be a total of 7 rounds, aimed at bringing UTRUST to $50M in funding. The funds will be used to develop features and establish partnerships, as well as to create the UTRUST Token — an Ethereum based coin whose value is directly linked to the platform’s projected growth.

To learn more about UTRUST’s ICO, visit: https://utrust.io/ico