Automate Your Payroll in 15 Minutes with PayrollPanda

Automated payroll is a system that uses software to calculate employee salaries, deductions, and statutory contributions automatically. Instead of manual calculations, automated payroll processes wages, overtime, bonuses, and taxes based on predefined rules. This helps ensure payroll accuracy, consistency, and timely payments.

Automated payroll helps Malaysian businesses simplify salary processing while staying compliant with local labour and statutory requirements with benefits such as:

• Accurate Statutory Calculations: Automatically calculates EPF, SOCSO, EIS, and PCB based on current Malaysian regulations, reducing the risk of under- or over-deductions.
• Faster Month-End Payroll Processing: Cuts down manual work by automating salary, overtime, allowances, and deductions, enabling payroll to be completed on time every month.
• Improved Compliance and Reduced Penalties: Supports compliance with Malaysian labour and tax laws, helping businesses avoid fines, penalties, and audit issues from LHDN or statutory bodies.
• Consistent and Timely Salary Payments: Ensures employees are paid accurately and on schedule, improving trust, morale, and overall employee satisfaction.
• Audit-Ready Payroll Records: Maintains organised payroll reports, payslips, and contribution records, making it easier to respond to audits and compliance checks.

PayrollPanda automates the entire payroll process, from gross, prorated, and net salary calculations to statutory deductions for unpaid leave, in full compliance with Malaysian labour laws.

The platform supports 70+ recurring payroll items, ensuring accurate and consistent payments while automatically handling statutory contributions such as EPF, SOCSO, EIS, PCB, and HRDF. This reduces manual work and minimises compliance risks.

PayrollPanda also generates required statutory forms and audit-ready reports, integrates with major Malaysian banks for seamless salary payments, and manages overtime, leave, and attendance within the same system.

With customisable departments, payroll schedules, and employee profiles, businesses can manage complex payroll structures with ease. PayrollPanda further integrates with accounting and HR systems, supporting accurate bookkeeping, tax compliance, and efficient payroll processing across multiple companies and industries.