PayrollPanda Pricing Plan & Cost Guide

PayrollPanda

Online payroll & leave management solution for Malaysian SME

4.65/5 (79 reviews)

PayrollPanda Pricing

Starting from: $10.00/month

Pricing model: Free, Subscription

Free Trial: Available

RM 35/mo Per Company
RM7/mo or RM5/mo Per Employee for 50 employees.

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PayrollPanda Pricing Reviews

Pros

  • This can be very useful for small startups, less cost and easy to adapt.it supports great integration like Quickbook integrations and import and exporting data is very easy.Verified ReviewerRead the full review
  • Overall it's very good and I like the software, other than that, the customer service is really the best. Very prompt and clear answer.DARREN Y.Read the full review
  • I love that the software is very user friendly and quite intuitive. What I appreciate most is that customer service and how quickly and professionally any queries being posted is dealt with.Zeehan Z.Read the full review

Cons

  • I was confused on which date to fill in for a staff who had just joined.Novelle T.Read the full review
  • There is no possibility to integrate with time & attendance tools right now.Sani G.Read the full review
  • Need futher information about this, i think the option for employee to pay their own PCB. One more thing, payrollpanda, i am not sure whether provide the annual EA form for each employee.WAN MOHD HAMIDI BIN S.Read the full review
99%
recommended this to a friend or a colleague

12 reviewers had the following to say about PayrollPanda's pricing:

Anonymous

Simple Payroll software

Used weekly for less than 6 months
Reviewed 2019-11-30
Review Source: Capterra

Overall PayrollPanda is best and cheap Payroll software for startups.

Pros
PayrollPanda is a simple and easy payroll software. this can be very useful for small startups, less cost and easy to adapt.it supports great integration like Quickbook integrations and import and exporting data is very easy.

Cons
PayrollPanda is bestsuites for small organizations, it is not good for multi user access and operations. Its is best for single user access.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 8/10

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Nurazleen D.

Easy for beginner

Used monthly for less than 6 months
Reviewed 2018-07-24
Review Source: Capterra

Payroll panda solved my dilemma of having to calculate EPF, Socso and EIS.

Pros
This web-based software is easy to use for Managers with no HR background. Plus it is cheap and value for money. Recommended for small just started company.

Cons
Payroll runs cannot be undo. Need to contact support to do so.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Cheng Khoon C.

Automation in Payroll Function

Used monthly for 1-2 years
Reviewed 2019-07-02
Review Source: Capterra

Quite impressive and it solved many chores and in particular, pay slips can be emailed out to individual employees with ease - environment friendly with less printing.

Pros
Comprehensive and made compliance to local legal requirements easy. And it is fairly priced.

Cons
Dealing with part payments and complex remuneration package could be quite a struggle. And for those who join part way through a financial year, the back log months' payroll could be quite a struggle...

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Vivian Arishanti Zain A.

Time Saver

Used monthly for 6-12 months
Reviewed 2019-09-04
Review Source: Capterra

We saved plenty of time during the payday week especially when we need to deal with lots of overtime payments calculation.

Pros
The software is relatively easy to use, has great customer support, with a very reasonable price tag.

Cons
Mobile interface needs a grave improvement, mainly to accommodate our staffs wanting to apply for leaves.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Azizuan A.

Payroll panda ease my life. I'm really satisfied with the ability to automate

Used monthly for less than 6 months
Reviewed 2018-05-28
Review Source: Capterra

Automation. Really save my time

Pros
Ability to automate payroll with very minimum supervision. can sync with quickbooks. Pricing is very reasonable compared to what I received.

Cons
There's no claim app. At the moment, I'm using Zoho Expense for the staffs to submit claim. Would be great if PayrollPanda could provide this feature as well.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Novelle T.

Easy to use and value for money

Used monthly for 6-12 months
Reviewed 2018-10-15
Review Source: Capterra

Pros
Easy to use, value for money, quick response from the support team

Cons
I was confused on which date to fill in for a staff who had just joined. First joined the company as a probationer, or first joined as a confirmed staff. This confusion messes with the calculation of annual leave entitlement days. However, the issue was resolved by consulting the support team.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Sanjay T.

HR Solutions Made Simpler

Used weekly for less than 6 months
Reviewed 2018-10-05
Review Source: Capterra

Takes the hassle of payroll management away, makes it simpler, and saves our time. We also save time by not having to create our own Payslips, and makes it easier to share this data with finance team as well as with our employees.

Pros
PayrollPanda has a great user interface. It makes the mundane job of payroll and employee management a lot more fun, and exciting. It also serves as a one stop point for most of the essentials in employee management. Payroll is well handled, as is employee leave management.

Cons
Customer service is not at its best. Cost is also steep for organisations with 2-3 employees.

Response from PayrollPanda


Hi Sanjay,

Thanks a lot for your review and the positive feedback. We are super sorry that you may have reached out to us on a busy day where our reply might have taken longer than expected. We always strive to be fast and efficient and apologise if we did not meet your expectations recently. As for our pricing, please note that we do have great discounts available for yearly billing and also have a referral program in place to help you save money.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 6/10

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Bari H.

Finally ! Something for the current Generation !!!

Used monthly for less than 6 months
Reviewed 2017-11-10
Review Source: Capterra

Just a first payroll tryout.

Pros
It's simple and clean UI and lots of IKRs for a newbie to brush up on current practices on the statutory requirements under the Malaysian Labour Act. Customer Service via Online Chats are totally awesome as well. Value for money !

Cons
Can't link with Quickbooks so far and if it could link to a Time Management app like Jibble, it would be an A+!

Response from PayrollPanda


Thank you for your review Bari! Note that our app integrates with QuickBooks accounting software, it allows you to auto-sync your payroll data! Time & Attendance is in the works, we will keep you posted.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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AIMAN K.

PayrollPanda is the most easy and reliable payroll software I've used so far.

Used weekly for 1-2 years
Reviewed 2017-11-21
Review Source: Capterra

It has saved me from being into a lot of hassles!

Pros
Great customer support, they help and guide me whenever I have a question. It's also easy to use and good value for money. Furthermore it's easy to generate the statutory files for payment and it gives peace of mind that all is statutory compliant.

Cons
I would like to see an integration with Xero accounting software, this would help me save even more time.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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WAN MOHD HAMIDI BIN S.

EASY, INEXPENSIVE AND HELPFULL

Used weekly for 6-12 months
Reviewed 2020-08-18
Review Source: Capterra

payrollpanda really helps my business runs smoothly regarding the HR, Payroll matters and also meeting the EPF, SOCSO and LHDN requirements. it is inexpensive, easily accessible.

Pros
I LIKE PAYROLLPANDA BECAUSE IT IS EASY TO USE, ANYTIME I NEED HELP I CAN SEEK HELP VIA CHATBOX AND USUALLY REPLIED INSTANTLY. PAYROLL AND DETAILS STAFF PAYMENT FOR STATUTORY REQUIREMENTS ARE CALCULATED AUTOMATICALLY, THIS HELP ME A LOT BECAUSE I AM THE OWNER OF MY SMALL PHARMACY COMPANY NEED THIS KIND OF ASSITANCE. THE FEES ARE AFFORDABLE AND EASY TO USE.

Cons
one of the features that is lacking maybe due to many statutory requirements, i found the PCB tax deductions not easily understood (maybe i do not know much about this). need futher information about this, i think the option for employee to pay their own PCB. one more thing, payrollpanda, i am not sure whether provide the annual EA form for each employee.

Response from PayrollPanda


Hi Hamidi!

Thank you so much! Great to know that PayrollPanda has added value to your company.

Please note that PCB is automatically calculated for employees since employers are responsible for deducting PCB from the employee's salary and paying it over to LHDN. However we do have a Freelancer setting for workers who are not employees and who do not need any statutory deductions calculated. You can always reach out to our live-chat for us to explain the PCB calculations to you with the help of our tax expert.

Yes! PayrollPanda can generate the annual EA form for each employee.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Khaddraa R.

Feedback

Used monthly for 1-2 years
Reviewed 2020-04-28
Review Source: Capterra

Pros
I like the interface. Very minimalist, modern look and user friendly. Customer support via chat very responsive.

Cons
The backend process need to be improved. We always have an issues whenever we want to run payroll every month. Rounding issues always been there. A good alert on percentage error for every cost (statutory tax, HRDF etc) would be great. Allow flexibility in term of the date to run payroll, i.e. option to run before 15th of the month.

Response from PayrollPanda


Appreciate your feedback!

In terms of the flexibility to run payroll before the 15th of the month, we can open the payroll for our customers in advance. Please reach out to our Customer Support team and we will be very happy to assist you.

As for the rounding issue, at the moment it is being worked on together with a series of features that will be released together this year. Our experts are constantly working to improve our product for the benefit of our customers.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 4/10

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Budiman A.

Legal Compliance and Accuracy

Used monthly for 6-12 months
Reviewed 2020-07-06
Review Source: Capterra

Pros
Payroll Panda helps employers in complying with all legal requirements pertaining to accurate salary calculations and statutory contributions. Need not worry about running afoul of the law and getting hefty fines, or worst, being dishonest to your hardworking employees by overlooking the fine details. As a former user of SAP, Oracle and Microsoft AX, I did not have much problems setting it up myself and the support have been helpful. I find that Payroll Panda is a bit more user-friendly and at a fraction of the cost. As a micro business owner, i highly recommend this software.

Cons
At the moment it cannot be accessed using a smartphone. It can only be accessed on a PC. Not a big problem but sometimes you want to check something when out of office.

Response from PayrollPanda


Thank you so much! Great to know you're getting benefits from PayrollPanda.

Being able to deliver to our customers is essential to us. Currently we do not have a mobile version. The app is very complex and the features we have are quite extended so we are not able to make it into a smaller, simplified version at the moment.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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