Payboy
Pay-per-use HR and payroll software for Singapore SMEs
About Payboy
Payboy is a Singapore-built HRMS covering payroll, leave, claims, time attendance, shift scheduling, and appraisals for SMEs. It calculates CPF (including PR graduated rates), SDL, foreign worker levy, and self-help group contributions automatically, and is an IRAS-approved payroll vendor for AIS submissions of IR8A. Pricing is pay-per-use: each module costs a flat rate per active employee per month, so businesses only pay for the modules and headcount they actually use.
Pros & Cons
Pros
- Pay-per-use pricing means a payroll-only setup costs S$3.50 per employee before GST
- IRAS-approved AIS vendor with CPF, SDL, FWL, and SHG fund calculations built in
- Shift scheduling and attendance modules suit F&B, retail, and construction rosters
- Bank files for DBS, UOB, OCBC and FAST-compatible transfers
- PSG funding of up to 50% for eligible Singapore SMEs
Cons
- Costs rise quickly when you enable many modules, since each is billed per employee
- Singapore-only payroll; no multi-country payroll for regional teams
- Seven-day trial is short for testing a full payroll cycle
- Fewer integrations than global HR platforms
Key Features
Automatic CPF calculation
Employee and employer CPF computed for citizens and PRs, including graduated PR rates.
Levies and SHG funds
Skills Development Levy, foreign worker levy, and CDAC, MBMF, SINDA, and ECF contributions calculated automatically.
IRAS AIS submission
IRAS-approved payroll software vendor for Auto-Inclusion Scheme submissions of IR8A.
CPF e-Submit and bank files
Generates CPF e-Submit files and bank files for DBS, UOB, OCBC, and other banks, compatible with FAST transfers.
Shift scheduling
Roster hourly and part-time staff; scheduled shifts feed payroll calculations.
Time attendance
Clock-in tracking that drives overtime and lateness adjustments in payroll.
Leave and claims
Online leave applications and claims with approvals; approved items flow into payroll.
Any work arrangement
Handles full-timers, part-timers, freelancers, and contract staff with different pay rules.
Accounting integrations
Connects to Xero, QuickBooks, and Financio.
Pricing
- Pay only for active employees and modules used
- Payroll, Leaves, Claims, Shift Scheduling, Attendance, Appraisal modules
- 9% GST added
- Billed monthly
- 7-day free trial of all modules
- Up to 50% PSG funding for eligible SMEs
Best For
Shift-based businesses
F&B and retail operators roster staff, track attendance, and pay part-timers from one system.
Payroll-only SMEs
Small firms that only need compliant CPF and IR8A payroll enable just the Payroll module.
Accounting and payroll service firms
Bookkeepers run payroll for multiple Singapore clients with consistent statutory handling.
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