The female form comes with 2 benefits:
1) It reverse Sunroku stats going from glass cannon with low VIT and High AGI and LCK to High Vit, but low AGI and LCK. Though his lack of equipment due to the curse means he's not as tanky as he would like.
2) Only a few players know his female form, hence he use it to become inconspicuous. The knowledge about how you can change your gender is still not known in Shangri-La Frontier. (It's like the racial change which is also rare.)
Many players think of his female form as a weird Sunroku's wannabe fan.
Don't listen to the previous commenters. Because the real reason Sunraku does the quest in female form is because of RP. The paladin highly requested for Sunraku to be decent (not nude) in front of the Saintess and only the female form of Sunraku has this "decency".
Plus Sunraku chose the female form solely for disguise and a possible way to counter his contusion (Lycagon's mark) and be able to wear gear or costumes (which only made him not topless anymore but still unable to equip gears or costume).
Spoilers ahead, Sunraku won't be able to utilize his female form as a disguise anymore in the upcoming arcs because a lot of players will know about this in the New Land arc. So he only changes into the female form when he does RP as a girl (which doesn't happen a lot).
He doesn't use the female form mostly on his fights guys. Spoilers ahead, Sunraku gains a lot of transformations in the upcoming arcs. For example, the Bloody Maiden form IIRC. He doesn't really need to be on female form on this one because the form only requires the two specific weapons to be equipped at the same time.

But why does he have to do this is girl form?? I feel like it's kinda fanservicey(but please ignore me lol I'm really tired andi got school in a bit so I'm just sapling whagser comes to mind)