Top 10 Payroll Software for Singapore Businesses

Top 10 Payroll Software for businesses

Choosing the right payroll software in Singapore can be overwhelming, with so many options out there. The right tool can not only save you time but also help you stay compliant with regulations and boost your overall efficiency. To make things easier for you, we have compiled a list of Singapore’s top 10 payroll software. Read more to find the one that best fits your business needs.  

Top 10 Payroll Software for Singapore Businesses 

Every employee needs to be paid accurately and on time, and it is the employer’s duty to ensure that payroll is handled efficiently. However, many companies in Singapore face significant payroll challenges, especially as they grow and welcome more team members. When they have to navigate complex regulations, manage large amounts of payroll data, and ensure timely payments, things can quickly become overwhelming. 

The good news is that it does not have to be so complicated. With a variety of payroll software options available in Singapore, businesses can simplify their payroll processes and reduce their workload. In this blog, we will explore the top 10 payroll software options in Singapore, highlighting their key features to help businesses find the right tools to enhance efficiency and streamline their payroll operations. 

What Should You Consider When Choosing Payroll Software for Your Business? 

Before exploring Singapore’s top payroll software options, consider a few key factors to ensure the software meets your requirements: 

  1. Software Integration: Look for a payroll software that can integrate with other systems, such as time attendance software, claims management, and leave management software. This integration can reduce the burden of manual data entry and minimise the risk of errors. 
  1. Cost: Check the pricing structure of the payroll software to ensure it aligns with your company’s budget. Evaluate the subscription fees, implementation costs, and any potential additional charges, including hidden fees, so you stay within budget.   
  1. Data Security: Payroll software handles confidential data such as employee details and banking information, hence it’s important to choose software that offers robust security measures like user access controls and data encryption. 
  1. Identify Business Needs: Consider the payroll features required for your business. By clearly understanding your requirements, you can find a solution that effectively supports your needs as your business grows. 
  1. Flexibility: Select a payroll software that can cater to various employment types (full-time, part-time, contract, and freelance), payment schedules (weekly, biweekly, or monthly) and work arrangements (remote, hybrid, on-site). 

Top 10 Payroll Software in Singapore 

Here are some of the best payroll software for businesses in Singapore: 

1. Infotech

Infotech Payroll Software is a payroll software for companies in Singapore, with offices in Malaysia, India, and Hong Kong. With a client base of over 30,000, the software processes more than 750,000 payrolls monthly. The platform automates the entire payroll process, eliminating the need for manual processing and seamlessly integrating with banks.  

The software’s one-stop payroll feature enables businesses to submit employment data to MOM, IRAS and CPF Board conveniently from one platform. This enhances data security, speeds up payroll processing, and simplifies compliance with regulations. In addition to this, Infotech’s payroll software facilitates the annual submission of income records by providing direct submission of tax forms such as IR8A, IR8S, IR21, and Appendices 8A and 8B to IRAS. The payroll software also simplifies the submission of occupational and employment data for the Occupational Employment Dataset (OED).  

Additionally, Infotech offers an employee self-service portal that allows employees to update their details, submit leave requests, record their attendances, see leave balances and access payslips while on-the-go. Once employers have processed and approved the payroll data, they can publish the itemised payslips, and employees can view them through the mobile app. The software includes over 50+ customisable reports that offer valuable insights into business expenses and employee management.  

2. QuickHR

QuickHR integrates seamlessly with various HR modules, such as claims, leave, attendance, and employee scheduling, as well as with accounting platforms like Xero. It automatically calculates CPF contributions, manages SDL deductions, and simplifies Bank GIRO and CPF submissions. QuickHR supports any payroll schedule and work arrangement, accommodating full-time, part-time, and freelance employees, and can handle different payment periods. The software is fully compliant with the latest MOM, CPF, and IRAS regulations, and an IRAS-approved Payroll Software Vendor for AIS submissions. 

3. Talenox 

Talenox is an online payroll software that was established in 2014. The software integrates with leading HR and productivity tools, banks, and regulatory bodies. It gives businesses the flexibility to pay employees immediately or even weeks in advance, and it can process individual payments or payroll batches based on any payment schedule. Talenox payroll software can process various employment types and automatically calculates taxes, CPF, SDL, FWL, and Community Donation Funds. It’s worth noting that, as of 2024, Talenox does not offer a mobile app. 

4. Payboy

Payboy streamlines payroll processing, leave tracking, and claims management, and automates CPF submissions to the CPF board. It accommodates various work arrangements, including full-time, part-time, contract, and freelance roles. The mobile app enables users to manage payroll on the go, which has made it a popular choice among SMEs. Additionally, Payboy can easily integrate with several platforms, including Xero and Intuit QuickBooks.

5. BIPO 

BIPO is a cloud-based HR software provider based in Singapore, with offices across Australia, China, Hong Kong, India, and more. BIPO offers comprehensive HR software solutions that include robust payroll features and customisable report templates. The payroll software fully complies with local regulations set by IRAS, CPF, and MOM. Additionally, the software seamlessly integrates with other HR applications, such as Leave Management, Time Attendance, and Claims. 

6. Employment Hero 

Employment Hero is a cloud-based payroll software that was established in 2014 and has over 300,000 clients. The platform automates calculations for different employment contracts and simplifies time and attendance tracking with automated timesheet submissions and detailed reporting while following the rules by MOM, IRAS and CPF. Employees also enjoy the convenience of a self-service portal. This self-service portal allows them to manage their profiles, submit leave requests, and access payslips whenever they need. 

7. JustLogin

JustLogin is a cloud-based HR software integrating payroll processing, leave administration, and attendance monitoring under the same platform. This integration provides real-time updates and generates insightful reports regarding your payroll data. The software automatically calculates each employee’s CPF and other contributions and simplifies tax filing by allowing you to submit essential documents like IR8A, Appendix 8A, 8B, and IR21 directly to IRAS. 

8. SimplePay 

SimplePay is full-fledged payroll software that streamlines salary, tax calculations, and leave management to ensure accuracy and compliance with regulations. The system can be integrated with accounting systems like XERO so businesses can stay on top of their financial data. With a pay-as-you-go structure, the software charges a fee per employee, making costs steeper for organisations with more employees.

9. SingRoll

Singroll is a free payroll software that has quickly gained popularity among businesses of all sizes. Its straightforward setup, with no user limits and no need for grant applications, makes it easy for the users. With key features like employee management, payroll processing, payslip generation, attendance tracking, claims management, CPF management, and detailed reporting tools, Singroll simplifies payroll for everyone.

10. Ramco 

Ramco is cloud-based payroll software that automates onboarding, tracks attendance, calculates salaries, generates payslips, and manages tax filings to help you save time and money. It provides global compliance, advanced insights, and a mobile app for easy access wherever you are. However, it may have higher initial costs and can be somewhat complex for beginners.  

How Infotech Can Simplify Your Payroll Processing 

Now that you have explored the top 10 payroll software, you can choose the one that best fits your business. Infotech is a comprehensive option that simplifies payroll management through seamless integration with various HR modules and accounting software. Our software streamlines tasks such as time and attendance tracking, leave management, and payroll processing, allowing you to spend less time on administrative duties and more time focusing on your team. 

With our all-in-one payroll solution, you can easily stay on top of your business’s health, as everything is conveniently managed within a single platform. Want to discover how our payroll software can benefit your organisation? Reach out to our sales team here

  • Anum

    As a linguistics enthusiast, I am passionate about transforming complex ideas into simple, engaging stories. With a strong background in the tech space, I'm excited to craft content that captivates audiences through the power of words, specifically focusing on tech-related topics.