8 Best HR Payroll Systems in Malaysia (2024)
Payroll software solutions for MY businesses
This article dives deep into the best HR and payroll systems available in Malaysia, designed to streamline your processes, boost efficiency, and empower your most valuable asset — your employees.
Why Use an HR & Payroll System in Malaysia?
Managing HR and payroll in-house can be a time-consuming and error-prone process, especially with Malaysia’s ever-evolving regulations. HR and payroll systems offer a multitude of benefits, including:
- Reduced administrative burden: Automate repetitive tasks like payroll processing and leave management.
- Improved accuracy: Eliminate manual errors and ensure compliance with statutory requirements.
- Enhanced employee self-service: Empower employees to access paystubs, request leave, and update personal information.
- Real-time data and insights: Gain valuable insights into workforce trends and make data-driven decisions.
Top 8 HR & Payroll Systems in Malaysia:
1. QuickHR
A leading cloud-based HR and payroll solution designed specifically for Malaysian businesses. QuickHR offers a user-friendly interface, comprehensive features (including payroll processing, leave management, and employee self-service), and exceptional customer support.
2. factoHR:
A comprehensive HR solution that goes beyond payroll, offering recruitment management, performance appraisals, and training management alongside its core HR and payroll functionalities.
3. PayrollPanda:
A user-friendly and affordable payroll solution ideal for small and medium-sized businesses. PayrollPanda streamlines payroll processing, tax calculations, and employee data management.
4. HR2eazy:
A robust HR and payroll software suite that caters to businesses of all sizes. HR2eazy offers a wide range of features, including core HR, payroll, time and attendance tracking, and performance management.
5. PeopleHum:
A modern cloud-based HR platform offering core HR, payroll, and talent management functionalities. PeopleHum is known for its user-friendly interface and scalability, making it suitable for businesses of all sizes.
6. GreatDay HR:
A comprehensive HR solution that simplifies HR processes for businesses in Malaysia. GreatDay HR offers core HR, payroll, leave management, expense management, and more.
7. AltHR:
An HR super app designed to cater to the needs of growing businesses. AltHR offers core HR functionalities, payroll processing, leave and claim management, and a mobile app for employee self-service.
8. AgileHRMS:
A cloud-based HRMS solution is ideal for medium and large businesses. AgileHRMS provides a comprehensive suite of features, including core HR, payroll, time and attendance tracking, recruitment management, and training management.
Choosing the Right HR & Payroll System:
The best HR and payroll system for your business depends on your specific needs and budget. Consider factors such as:
- Company size and industry: Different systems cater to the needs of businesses of varying sizes and industries.
- Features required: Identify the HR and payroll functionalities that are essential for your business.
- Budget: HR and payroll systems come with varying pricing plans. Choose a system that fits your budget.
- Ease of use: Ensure the system is user-friendly for both HR personnel and employees.
Conclusion:
Investing in a robust HR and payroll system can significantly enhance your HR processes, improve compliance, and empower your workforce. By carefully considering your needs and researching the available options, you can select the best HR and payroll system to propel your Malaysian business forward.
