By: Colin Ng
If you’re running a small company, you may have trouble spreading out resources to handle all tasks. In cases like this, certain tools can come in handy — like the best payroll software in Singapore, which could take most of the work of managing payroll off your hands.
Since we want to help small businesses out there, we looked for the best payroll systems in Singapore that could help business owners manage their employees’ payroll accounts.
On top of that, we also included the best free payroll software in Singapore in our list, if you’re on a tight budget.
But before we move on to that, we’re going to share some tips that will help business owners choose the best payroll software.
How to Choose the Best Payroll Software in Singapore
When looking for the best payroll systems in Singapore, there are a number of things to keep in mind to make sure it fits the needs of your business.
Most of these considerations will have to do with your company and the industry you’re part of. Continue reading below to know what we’re talking about.
1. Number of users and companies
If your company offers HR services that include managing the payroll of other companies, you’d need to consider the number of companies you’re providing services for. It’s also worth noting how different their industries are from each other.
You also need to purchase the best payroll software in Singapore that can accommodate the number of companies you’re handling.
On the other hand, if you’re only managing the payroll of your own company, it’s ideal to get one of the best payroll systems in Singapore that can grant access to multiple people from a local network.
2. Number of employees
Another thing worth remembering when looking for the best free payroll software in Singapore is the number of employees to be processed. When figuring this one out, include all regular employees and even contract ones that receive regular payouts from your company.
Most of the options for the best payroll software in Singapore are priced according to the number of employees a company will have to process monthly payroll for. Nobody wants to purchase one that isn’t enough to accommodate all employees, right?
3. Types of payslip
If you’re planning the traditional route of printing the payslips of your employees, you’re going to need to look for the best payroll software in Singapore that would allow it.
You will also need to consider the cost of paper and ink every month — which can get expensive if you’re printing all the payslips of your employees.
Alternatively, you might want to opt for a payroll system that automatically sends payslips to emails. However, you need to look for one that comes with a strict security system to prevent any form of leakage.
4. Payroll frequency
Another thing worth considering is how frequently your employees should receive their payslips. Are you paying all your employees on a monthly or weekly basis, or do some get paid monthly while others are paid every week?
In line with that, business owners need to check if their payroll system can accommodate their payroll frequency and the type of payroll needed.
The Best Payroll Software in Singapore
Now that you know the considerations when looking for the best payroll systems in Singapore, it’s time to see which ones we think are needed by businesses on the island.
|BEST FOR||Small Business|
|SERVICES||Payroll System, Employee Management, Permits and Licenses, CPF, Reports, and Information Updates|
|PRICE||Free for small businesses|
Singroll is considered the best free payroll software in Singapore to date. In fact, it’s used by more than 4,000 companies in Singapore alone, with a total of almost 25,000 employees processed every month.
It allows an unlimited number of users, companies, and even employees, without additional charges or grant needed. Signing up for the services of Singroll is extremely easy — just go to their website and input all the information needed.
Some of the other areas covered by Singroll are employee management, attendance, leave, permits, and even business licenses. With all these services, you wouldn’t be able to believe that it charges its clients nothing!
- Free payroll system
- Itemised payslips
- Unlimited number of employees
|BEST FOR||Secured Database|
|SERVICES||HR Services, Payroll System, and Time and Attendance|
|PRICE||Get in touch with their team for a quote.|
Ramco is one of the most trusted payroll software around the world, used by some of the biggest companies. So, if you’re searching for the best payroll software in Singapore that comes with an excellent track record, then we strongly recommend checking out what it can offer.
Since Ramco can handle all your human resource concerns, from attention down to payroll, you wouldn’t have to purchase another software that will take care of the rest.
More than that, every bit of information will be treated confidentially, safe from the hands of hackers and scammers. It will be secured with military-grade data protection to prevent unauthorised access.
If you’re curious about how Ramco can help your business grow, make sure to call their team and ask for the plan that best suits your company’s needs.
- Trusted by global brands
- Military-grade data protection
- Hassle-free plan expansion
3. Just Login
|BEST FOR||Easy to Use|
|SERVICES||HR Services, Payroll System, Leave Tracker, Attendance, and Auditing|
Most businesses consider Just Login one of the best payroll software in Singapore for its user-friendly interface. Users won’t have to go through hoops just to understand how it works, unlike with other payroll systems.
On top of that, its user-friendly interface can save time and minimise miscalculations that can lead to bigger problems in the future. Just Login is also compliant with the regulations of RAS, CPF and MOM, so rest assured that your business won’t get into any legal trouble.
Another reason a lot of businesses sign up for the services of Just Login is how convenient it is to access their records anywhere. It comes with its own mobile application where employees and staff can be notified when their payslips are ready for viewing!
- Easy-to-use interface
- Mobile application
- With 14-day free trial
|BEST FOR||Small Business|
|SERVICES||Payroll System, HR Services, Pre-employment Screening, Employee Attendance, and Leave Tracker|
|PRICE||S$50/month for 21-30 employees|
If there’s payroll software that we couldn’t recommend enough for small businesses, it’d have to be PAYDA. It’s simply one of the best payroll systems in Singapore for its affordability and accessibility.
It boasts a cloud-based online payroll and leave platform that can be operated anywhere, even outside the office’s local network. It’s highly recommended for SMEs with no more than 50 employees and a fixed monthly payroll.
What’s more, it also allows employees to view their payslips and apply or cancel leaves using their smartphones. It removes the need to use the office computer and network when doing such things — which is how most payroll software operates.
- 24/7 online payroll and leave platform
- Accessible and affordable
|BEST FOR||Unlimited Free Plan|
|SERVICES||HR Services, Payroll System, Employee’s Information Database, and Employee Leave Tracker|
|PRICE||Basic Plan: Free
Advanced Plan: $40
If you’re looking for the best free payroll software in Singapore, then you might want to check out Talenox. It’s an all-around human resource software that can handle everything from payroll down to the information of every employee.
However, since it’s a free payroll system, there are limitations in terms of the number of employees it can accommodate. It can handle only up to 5 employees, making it an ideal option for small companies with only a few employees.
On top of that, Talenox can handle multiple payrolls every month, regardless if it’s weekly or monthly. It can also export bank information to upload to an online bank portal for salary disbursements.
If you’re willing to spend in order to maximize the capacity of its software, you only need to pay SGD$40 a month for another 5 employees. It’s not that expensive compared to the premium plans of other payroll software.
Another reason we consider it one of the best payroll software in Singapore is the fact that it can be managed virtually anywhere, even beyond the office.
Pair that convenience with its free plan and it’s no surprise we call it one of the best free payroll software in Singapore!
- Affordable premium plan
- Ideal for small companies
- 100% cloud-based software
Conclusion: Which Payroll Software in Singapore Is Best for You?
And that’s the end of our list of the best payroll software in Singapore. To sum up our list, here’s a table showing the ideal industries per featured payroll software:
|Ramco||Technology and Legal|
|Just Login||Publishing and Retail|
|Singroll||Food and Beverage|
For businesses under medium-sized industries like startups and retail, we believe that the payroll software of Talenox, Payday, and Just Login would help your company function best given a small number of employees.
Talenxo, Payday, and Just Login are built for companies with a number of employees ranging from 5 to 30. All of them are easy to use as well, so even if you don’t have someone techy in your team, anyone will be able to use it and explain how it works to others.
Payday charges clients $50 a month per 30 employees, while Talenox offers a free basic plan to small companies. Meanwhile, Just Login charges companies $5 per user, but that rate is negotiable if the company will enroll no more than 30 employees.
Ramco, on the other hand, is ideal for businesses in the tech and legal industries for its strong, military-grade data protection. Since these industries deal with highly sensitive and confidential data every day, it’s best to have software that provides extra protection against hackers.
What of businesses in the food industry? They usually have a lot of employees, but only a few of them personally handle tech and computer software as most are on-site serving customers and preparing food.
In line with that, Singroll couldn’t be more perfect for restaurants and cafes as it doesn’t have a set limit in terms of the number of employees it can accommodate. It’s completely free as well, so small businesses with many employees wouldn’t be forced to shell out a huge sum of money for quality payroll software.
Lastly, make sure to look for payroll software that’s user-friendly and easy to navigate for the benefit of most employees. Once you’ve found one you can work with, the recommendations in the table wouldn’t matter that much: it’s all about which one fits you most in practice!
For more options, check out our list of the best payroll services in Singapore. That also includes companies that actually (semi-manually) handle payroll on a client’s behalf.