Choosing the right payroll software is essential for efficient and accurate payroll management. In Malaysia, the demand for reliable payroll solutions has led to the development of several top-tier options. Our 2024 list of the 10 best payroll software in Malaysia showcases the leading tools designed to streamline payroll processing, ensure compliance, and enhance overall efficiency. Consider exploring the best accounting software in Malaysia to help your business needs. Whether you're a small business or a large corporation, these payroll software solutions offer features such as automated calculations, tax filing, and comprehensive reporting to meet your payroll needs, making them ideal payroll management software, payroll system Malaysia, and hr payroll software.
10 Best Payroll Softwares in Malaysia (2024)
1. BrioHR
BrioHR, serving over 1,000 organisations in 50+ countries, offers an all-in-one HRMS platform that automates up to 80% of HR tasks, including payroll, leave management, and performance evaluations. Fully compliant with LHDN standards and tailored to Malaysia's HR needs, BrioHR simplifies contributions to EPF, SOCSO, EIS, HRDF, and PCB. With an intuitive design and swift customer support, BrioHR ensures a seamless onboarding experience with its HR and payroll software, making it a top choice for those seeking an efficient hr payroll system, payroll hr, and employee management solution.
| Key Services | - Payslip generation - Statutory Form Generation - Multicycle Payroll Management - Malaysia Bank File - Advanced Payroll Reports - Employee file - Leave & Time Off - Expense Claims - Timesheets - Custom Reports |
| Top Client | - Pop meals - CompAsia - MichealPage |
| Contact | - |
| support@briohr.com. | |
| Address | Oval Damansara, 685 Jalan Damansara, Taman Tun Dr Ismail, 60000 Kuala Lumpur, Malaysia |
| Website | https://briohr.com/ |
2. HR2eazy
HR2eazy, hailed as the premier payroll software in Malaysia, streamlines manual workloads, allowing businesses to focus on growth. Its user-friendly interface simplifies payroll and HR tasks, facilitating multiple payroll preparations and generating comprehensive reports on overtime, allowances, and deductions. Compliant with Malaysian regulations, HR2eazy provides online payslips and forms for transparency, along with mobile sign-in for employees and GPS tracking for employers, ensuring flexibility and accountability. It's a beacon of payroll automation, payroll efficiency, and payroll time-saving.
| Key Services | - HR Services - Payroll Outsourcing - Background Screening |
| Top Client | - TDM - Anna Hoo - Tradewinds - Bespoke |
| Contact | 603-2242 4024 |
| sales@hr2eazy.com | |
| Address | Unit 07-05, Level 7, Tower A, Vertical Business Suite Avenue 3,Bangsar South No.8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia |
| Website | https://www.hr2eazy.com/index.html |
3. Rymnet
Rymnet stands out in our evaluation of HR management software due to its comprehensive suite of features, including BLE Beacon for staff attendance tracking and a facial recognition attendance system. These features offer significant benefits, particularly for remote work scenarios, enhancing convenience and deterring attendance-related dishonesty. Additionally, Rymnet's multiple communication channels, including telephone and email, make it easy to reach out for inquiries and support with their HR and payroll software, showcasing its robust attendance management, payroll features, and payroll modules.
| Key Services | - Employee Profile - Payroll - Leave - Claims & Benefits - Time Attendance - Onboarding / Offboarding |
| Top Client | - Umobile - CTOS Digital - A&W - Photobook |
| Contact | 603-7622 2546 |
| - | |
| Address | 13-7, Block A, Jaya One, Jalan Profesor Diraja Ungku Aziz, 46200 Petaling Jaya, Selangor. |
| Website | https://rymnet.com/contact-3/ |
4. BS Solution
BS Solution Sdn Bhd, established in December 1995, has grown from a solo venture into a leader in Software Distribution & Support. Headquartered in Malim Jaya, Melaka, they specialise in POS systems and software distribution. With a team of 15 professionals and two branches, they provide exceptional support, timely responses, and effective IT solutions, reducing downtime and maintenance costs for their clients, making them a go-to for payroll support and payroll implementation.
| Key Services | - Autocount Softwares - Smart POS & New Retail Solution - Fingertec TimeClock & Time Attendance System - ABS Hotel Management system - ERP - POS System - Payroll & HRMS Management Systems |
| Top Client | - |
| Contact | 13-0088 1184 |
| sales.bssb88@gmail.com | |
| Address | G4 Block Dahlia 1, Jalan Zahir 6, Melaka Tengah, 75250 Malim Jaya, Melaka, Malaysia. |
| Website | https://www.bssolution.com.my/ |
5. Marvelsoft
Marvelsoft, based in Ulu Tiram, Johor Bahru, has expanded its reach across Malaysia and Southeast Asia, including Cambodia, the Philippines, Indonesia, Singapore, and Brunei. They have aided numerous fledgling companies in their growth, many of which continue to utilise Marvelsoft's services. Their growing portfolio includes successful businesses that have thrived under their expert guidance in Malaysia, showcasing their capabilities in multi-country payroll and payroll scalability.
| Key Services | - POS Hardware - POS System - Accounting - Payroll |
| Top Client | - Tay Kee Frozen Food - Black Whale - Tellus Biotechnology - Asight Management |
| Contact | 607-863 5716 |
| alan@marvelsoft.com.my | |
| Address | 6, Jalan Gaya 24, Taman Gaya, 81800 Ulu Tiram, Johor, Malaysia. |
| Website | https://www.marvelpos.com.my/index.php |
6. Rymbee
Rymbee, developed by Rymnet Solutions Sdn Bhd, offers an innovative cloud-based HRMS system tailored for SMEs. It digitalizes HR tasks such as payroll, leave management, claims, and attendance, enhancing operational efficiency. User-friendly and secure, Rymbee is managed on Microsoft Azure. Ideal for the retail and food and beverage sectors, it features a mobile app for convenient access. Rymbee also provides a free demo, BEE, for potential users, making it an excellent choice for those seeking free payroll software in Malaysia, cloud payroll, and a payroll mobile app.
| Key Services | - Profile Management - Payroll - Time Attendance - Claim |
| Top Client | - |
| Contact | 601-8325 3388 |
| rymbee@rymnet.com | |
| Address | 13-7, Block A, Jaya One, Jalan Profesor Diraja Ungku Aziz, 46200 Petaling Jaya, Selangor. |
| Website | https://rymbee.com/ |
7. People HCM
People HCM delivers innovative HR solutions designed to give organisations a competitive edge. Founded by a team with extensive experience in transforming human capital, they leverage their expertise in contemporary HR practices to offer effective solutions. With over 20 years of experience in HR software development, project implementation, and support, People HCM has successfully collaborated with more than 700 distinguished companies, showcasing their HR and payroll software capabilities, particularly in payroll customization and payroll flexibility.
| Key Services | - Training Management System - Payroll System (with Point-In-Time) - Business Analytics Tools / Software - Employees Self-Service (ESS/MSS) - Payroll Outsourcing Services - Performance Management System - Time Attendance System |
| Top Client | - |
| Contact | 604-611 7567 |
| hello@peoplehcm.com.my | |
| Address | 17-2-24 Floor, Block 17 Bayan Point, Medan Kampung Relau, Bayan Lepas, 11900 Penang, Malaysia. |
| Website | https://www.peoplehcm.com.my/index.php |
8. Actpay Payroll Software
Applied Computer Technologies, established in 1986, developed Actpay to simplify payroll for Malaysian SMEs. Actpay streamlines monthly payroll calculations, submissions, and reporting with an easy-to-use yet comprehensive interface. Serving diverse clients like doctors, accountants, factories, and colleges, it efficiently handles up to 400 payroll staff. Approved by LHDN, Actpay ensures accurate PCB calculations, with a unique feature to verify them using the LHDN online calculator. This payroll software in Malaysia is also available as a free payroll software option for small businesses, highlighting its commitment to payroll accuracy, competitive payroll pricing, and being a reliable software for payroll.
| Key Services | - Payroll Software |
| Top Client | - Invoke - Enge Plas - Homeguard - PrimerOne |
| Contact | 601-8971 6623 |
| sales@actpayroll.com | |
| Address | A108, Block A4, Leisure Commerce Square, 46150 Petaling Jaya, Malaysia |
| Website | https://actpayroll.com/ |
9. Swingvy
Swingvy, a modern, all-in-one HR, payroll, and benefits platform, caters to small and mid-sized businesses with its cloud payroll software. Launched in late 2016 by a team of visionaries, it streamlines administrative HR tasks and ensures compliance with local regulations, including payroll regulatory updates. Certified by LHDN and supported by Samsung, Swingvy is trusted by over 9,000 companies worldwide and offers a mobile app for convenient on-the-go access, making payroll management in Malaysia and beyond a breeze.
| Key Services | - Payroll Expert - Regulatory Compliance - Time Saving - Centralized Data |
| Top Client | - Super8 - Oxwhite - Spinefit |
| Contact | - |
| support@swingvy.com | |
| Address | Lot 2F-33 35B, Level 2 Tropicana Garden Malls, 2A, Persiaran Surian, Tropicana Indah, 47810 Petaling Jaya, Selangor, Malaysia. |
| Website | https://www.swingvy.com/my/home |
10. Frontier-Ehr
Frontier-Ehr, serving 100,000 users and 1,000 organisations across over 30 countries, including prestigious clients like 7Eleven and Mitsubishi Electric, offers award-winning and affordable HR solutions. Their comprehensive payroll management system in Malaysia supports essential HR processes and boosts employee engagement. Operating without external funding, Frontier-Ehr provides 14 solutions across five categories, including an advanced payroll system in Malaysia that ensures compliance and operational efficiency.
| Key Services | - Human Resource Management Software - Entree Swift - Malaysia Payroll Management - Malaysia Talent Management - Cybersecurity |
| Top Client | - Giant - 7Elevan - Coldstorage - Guardian |
| Contact | 603-6262 8468 |
| enquiry@frontier-ehr.com | |
| Address | M1-7-7, 8trium Tower OfficeJalan Cempaka SD12/5, PJU 9, Bandar Sri Damansara52200 Petaling Jaya, Selangor |
| Website | https://www.frontier-ehr.com/ |
Conclusion
In conclusion, selecting the right payroll software is crucial for managing payroll efficiently and accurately in any business. The 10 best payroll software options in Malaysia for 2024 stand out for their payroll cost-saving features and payroll user-friendliness. Explore the best financial advisors in Malaysia to secure expert guidance for your financial growth and stability. These tools are designed to streamline payroll processes, reduce errors, and save time, empowering businesses to focus on growth and productivity. Investing in one of these top-rated solutions ensures precision and efficiency in payroll operations, contributing to smoother business operations and enhanced employee satisfaction.
Frequently Asked Question
1. What Features Should I Look for in Payroll Software in Malaysia?
When choosing payroll software in Malaysia, consider features such as:
A. Compliance:
Ensure it meets local statutory regulations, including tax laws and employment regulations.
B. User-Friendly Interface:
Look for software that is easy to navigate and requires minimal training.
C. Automation:
Seek features in payroll software that automate payroll calculations, tax deductions, and statutory contributions to save time and reduce errors. Embracing payroll automation can significantly boost payroll management efficiency.
D. Reporting:
Choose payroll software that generates comprehensive reports on salaries, deductions, and taxes for compliance and analysis. Effective payroll reporting is essential for maintaining accurate payroll summary records, enhancing overall payroll efficiency.
E. Integration:
Opt for payroll software that integrates with other HR systems or accounting software for seamless data flow. This payroll integration with HR systems ensures efficient payroll management, leveraging payroll modules for streamlined operations.
F. Security:
Ensure the software provides robust data security measures to protect sensitive employee information.
G. Support and Updates:
Select a provider that offers reliable customer support and regular software updates to stay compliant and efficient. Regular payroll updates, including payroll regulatory updates, are essential for maintaining effective payroll management.
2. What Are the Security Measures in Place to Protect Employee Data in These Payroll Systems in Malaysia?
Payroll systems in Malaysia implement various security measures to safeguard employee data. These include:
A. Encryption:
Employing encryption protocols to protect data during transmission and storage.
B. Access Controls:
Implementing role-based access controls to restrict system access to authorized personnel only.
C. Data Redundancy:
Storing data in redundant locations to ensure availability and resilience against data loss.
D. Regular Audits:
Conducting regular security audits to identify vulnerabilities and address potential threats.
E. Compliance:
Ensuring compliance with data protection laws such as the Personal Data Protection Act (PDPA) in Malaysia is crucial for protecting employee privacy rights, especially in payroll data protection.
F. Employee Training:
Providing training to employees on data security best practices to mitigate human error risks.
G. Vendor Security:
Evaluating and selecting vendors with robust security protocols and certifications is vital for safeguarding data throughout the payroll process. Ensuring payroll security and compliance is critical for protecting sensitive information.
3. Can the Payroll Software Generate Detailed Payslips and Payroll Reports?
Indeed, modern payroll software in Malaysia not only generates detailed payslips but also comprehensive payroll reports with ease. These payslips come with a detailed breakdown of earnings, deductions, taxes, and any other pertinent information, all of which can be tailored through payroll customization to meet specific needs. Furthermore, distributing these payroll forms to employees is a breeze, whether electronically or in print, significantly enhancing payroll management.
Moreover, payroll software in Malaysia is adept at generating a variety of reports such as payroll summaries, employee earnings reports, tax reports, and statutory contribution reports. These reports are instrumental in providing insights into payroll expenses and ensuring payroll accuracy and efficiency. They assist businesses in tracking expenses, ensuring precision in payroll processing, and maintaining compliance with local laws and regulations, thereby streamlining payroll management and reporting.
4. What Kind of Analytics and Insights Do These Payroll Systems Provide?
Payroll systems in Malaysia are equipped with various analytics and insights, featuring payroll features that assist businesses in making well-informed decisions. These include:
A. Cost Analysis:
A detailed breakdown of payroll expenses by department, employee, or type of compensation is available, which helps identify trends and areas for cost optimization. This is facilitated by advanced payroll software, making it easier to uncover payroll cost-saving opportunities.
B. Labour Trends:
Robust payroll software and leave management tools support the analysis of employee attendance, overtime, and leave patterns. This analysis is crucial for optimizing staffing levels and enhancing workforce management through effective attendance management and leave applications.
C. Compliance Monitoring:
Efficient payroll software for statutory compliance plays a pivotal role in tracking statutory contributions, tax deductions, and adherence to labour laws. This ensures compliance and mitigates risks associated with payroll deductions and staying updated with payroll regulatory updates.
D. Performance Metrics:
The evaluation of payroll processing efficiency, error rates, and timeliness is crucial for streamlining processes and improving payroll accuracy and efficiency. This is made possible by utilizing effective payroll software designed for these purposes.
E. Budget Forecasting:
Projection of future payroll expenses, based on historical data and business forecasts, is enabled by comprehensive payroll management systems. This aids significantly in financial planning and budgeting, ensuring payroll scalability.
These insights empower businesses to optimize payroll operations, manage costs effectively, and ensure compliance with regulatory requirements, all through the use of advanced payroll software. The emphasis on payroll automation and efficiency is a testament to the software's capabilities in modernizing payroll processes.
Disclaimer: Our top 10 business service listings are curated based on research, user feedback, and industry standards. While we aim for accuracy, details like pricing and availability may change. We recommend independently verifying information before making decisions. Some listings may include affiliate links, which support our site. Please note that rankings are subjective and may not reflect personal experiences. Business performance can fluctuate, impacting rankings over time. Your use of this information is at your own discretion. We welcome feedback and questions. Contact us for more details. Thank you for using mybizhub.com.my.
