Sprout Solutions, the Philippines’ homegrown business to business (B2B) software as a service (SaaS) company, has acquired the Philippines operations of JustPayroll Inc.
The agreement covers all existing local clients as well as employees, Sprout Solutions said in a statement on Wednesday.
It is noted that JustPayroll is a leading provider of enterprise-grade payroll solutions for the Philippine market, including timekeeping, scheduling, salary calculations, payroll outsourcing, and government reporting services.
In line with Sprout’s North Star to impact the life of every Filipino by improving business in the Philippines, the acquisition offers JustPayroll customers an opportunity to be a part of Sprout’s community of over 1,000 client organizations, as well as an ecosystem of artificial intelligence (AI)-powered solutions that automate and improve key human resource (HR) processes across the employee lifecycle.
New clients from JustPayroll will also continue to be serviced and guided through this transition period by their existing support contacts, now as employees of Sprout’s Customer Success team.
“It is with great pleasure that we share our successful acquisition of the Philippine operations of JustPayroll, a top-tier provider of timekeeping and payroll solutions,
“Through this acquisition, we’re not just transforming payroll and timekeeping experiences for our valued clients—we’re redefining the essence of seamless workforce management,” said Patrick Gentry, Chief Executive Officer and Co-founder of Sprout Solutions.
Meanwhile, JustPayroll Chief Executive Officer David Bell said that in their effort to simplify their Asian operations, they’ve made the decision to exit from the local SaaS and outsourced payroll markets in the Philippines and focus on their group professional employment organization (PEO) and business process outsourcing (BPO) offer.
“We appreciate all our clients’ support throughout this journey, and are committed to facilitating their seamless transition to the Sprout platform,” he added.
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