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PayrollPanda review

Freemium#40 of 48 in Small Business Payroll Software

Affordable Malaysian payroll with statutory calculations, leave tools and employee self-service.

5.3/10Editor score
PayrollPanda5.3 Visit PayrollPanda

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

PayrollPanda is a cloud-based payroll system for Malaysian small and midsize businesses, including accountants managing client payroll. It generates monthly payroll, payslips, reports and statutory forms, calculates Malaysian monthly tax deductions (PCB), and maintains employee records. Employees can access payslips and leave information online, while employers can manage leave policies, approvals, onboarding and offboarding forms such as CP22 and CP22A.

Published pricing describes a free payroll option, while recurring pricing is shown at MYR 8 per employee per month plus MYR 38 per company per month, excluding tax. The listed payroll plan includes payroll, eLeave, support, an employee database and updates. Core functions cover monthly payroll generation, payroll exports, statutory reporting and bank files for salary and statutory payments. Leave balances can sync with payroll, reducing manual adjustments when approved leave affects pay. This structure fits small businesses seeking predictable monthly processing and a low entry cost.

PayrollPanda runs on the web and connects payroll data with altHR, Jibble, QuickBooks, Xero, Zoho People and banks. Employee self-service gives staff access to payslips, leave balances and leave requests without requiring employer-managed document sharing. Support is available through email, chat, phone and documentation, and the service lists GDPR compliance. Businesses needing Malaysian monthly payroll, tax calculations and connected HR or accounting workflows should consider PayrollPanda; organizations requiring direct-deposit initiation or pay schedules beyond monthly processing should look for a different fit.

PayrollPanda pros and cons

  • Where it wins
    • Free access plus MYR 8 per employee and MYR 38 per company monthly
    • PCB calculations, statutory forms and bank-file generation support Malaysian payroll
    • Employee self-service, leave syncing and accounting and HR integrations
  • Where it doesn't
    • Payroll is structured around monthly pay schedules
    • PayrollPanda does not initiate direct deposits
    • Web-only deployment may not suit teams requiring native mobile apps

PayrollPanda fact sheet, pricing and score →

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