In this digital era, organisations across the world are adopting automated solutions to streamline operations and stay in compliance. One area where this change is highly advantageous is with respect to payroll management. Businesses in Egypt rely more than ever on payroll software to manage employee compensation, taxes, benefits, and compliance with labor laws.
Payroll software in Egypt pays salary on time, reduces errors by human hands, and ensures that a firm is in compliance with local and international regulations. This article goes into the best payroll software in Egypt, which comprises local and international providers. Be you a small-sized enterprise or big, the listed payroll software is here to save your time by streamlining payroll processing and providing accurate information.
What is Payroll?
Payroll alludes to the method of choosing and distributing the compensations, remuneration, Wages, bonuses, and deductions of employees. It includes a number of essential tasks such as tax deductions, benefits organization, and compliance with work laws. A payroll system is essential for making the correct installment of representatives, managing taxes, and other kinds of derivations in a timely manner.
Manual payroll management takes too much time and can lead to many mistakes when companies expand. To solve these issues, many firms choose to use payroll software for payroll processing. This makes the automation easy with the paperless technology. Payroll software in Egypt makes calculation more automatic and provides compliance with laws while offering flexibility to interface with other business applications, including human resource and accounting packages.
Why Outsource Payroll?
Cost Saving
Payroll software in Egypt saves cost. Companies through outsourcing payroll minimize the necessity for additional employees that is an expensive expense to an organisation.
Compliance
Payroll outsourcing by firms assures to avoid breach of the labor laws and tax laws which keep changing and are enforced by social insurance in Egypt.
Time
Business saves time and is able to engage in core business activities when external service providers manage payroll.
Accuracy
Most of the errors in calculations are eliminated through payroll software in Egypt, ensuring employees receive their correct pay and deductions of taxes.
Data Security
A good payroll software will have a good security measure to safeguard sensitive financial information.
Benefits of Payroll Software in Egypt
It minimizes the probability of human error in payroll automation, and employees are paid appropriately.
This ensures compliance with Egyptian labor laws, tax, insurance, and wage calculation requirements. Â
Payroll software in Egypt with providers ensures that employee and business data are safe.
The traditional method of generating payslips can be complex for HRs. Especially if the employee needs to change or modify any element in the payslip, it becomes even more complicated. All this hard work can be avoided with the automation of payroll systems. By using the payroll software, employees can automatically generate payslips.
Allow reporting tailored to your business needs, such as tax filing, wage summary, and benefit tracking.
Payroll systems scale with your company, serving more employees and increasingly complex payroll requirements.
Most payroll software applications enable employee portals from which employees will be able to access payroll information, payslips, and even update their personal data.
Manage tax deduction and ensure accurate and timely tax filing with payroll software in Egypt. Along with that look out for statutory compliance with payroll software in Egypt.Â
List of Top 9 Payroll Software in Egypt
Zimyo is a fast-paced payroll and human resource management application integrating several important activities of HR under one application. It has won the trust of modern-day organizations like Udrive, Petrochem, Capital Motion, Kayfi, Jeebly, Emirates Dawn, and more. Its all-inclusive range of products ranges from HR and Payroll to Time & Attendance Management, Performance & Recruitment Management, Employee Management, and 50 other modules.
2500+ countries and 5,00,000+ employees have leveraged these solutions and their organizations are automating running error-free payroll, disbursing salaries on time, tracking employee attendance, onboarding/offboarding employees, tracking and more.
New-age HR solutions with 40+ modules are set to redefine the financial technology landscape in the domain of HR, have received accolades and credibility from some of the most illustrious investors including IndiaMart, BeeNext, Angelist, Yatra Angel network, and many more. Zimyo’s dedication towards innovation and continuous improvement and their commitment to customer satisfaction make it the go-to partner for organizations to achieve efficient management of HR activities.
Zimyo payroll software in Egypt is targeted at both small and big businesses, hence making the payrolls of even the most complicated organizations easier through automated calculations, compliance with the labor laws of Egypt, and performance tracking features. The employee self-service portals of the platform will enable your team to access payslips and tax information better while lessening the administrative workload for the HR professionals.Â
Zimyo is customizable, and businesses can tailor payroll structures according to their needs, which makes it apt for industries that have different compensation models.
Key Features
- Expense Management
- Payroll Reports
- Arrears Calculation
- Gratuity Calculator
- Employee Self Service
- Interactive Dashboard
- Arabic Portal
- Attendance Calculation
- Full and Final Settlement
- Security and Data Protection
- WPS Compliance
- Configurable Salary Components
- Overtime and Incentives
- SIF File Generation
- GCC Payroll Compliances and Policies
- Automated Salary Computation
- Payslip Generation
- Dashboards & Reports
- Error-Free Calculations
- Perquisites, Loans, and Advances
- Tax Calculator
Pricing
Starts at AED 10 per month per employee
2. Paychex Flex
Paychex Flex is an established leader in HR services and payroll software in Egypt that has been passing on smart solutions to businesses for many years. The Paychex Flex offers an easy-to-use cloud-based platform that assists companies in managing all things, ranging from payroll processing to tax filing, employee benefits, and compliance administration. Paychex Flex makes sure that all businesses working in Egypt receive updated information concerning the laws and updates that govern labor and tax collection across the country.
It is scalable and may suit as many business organizations as one may have – ranging from small start-ups to giant multinationals. Paychex Flex is best for companies operating in multiple locations because it supports multi-currency and the software can easily be integrated into accounting systems.
Key Features
- Cloud-based system
- Tax filling and compliance
- Integration into accounting systems
- Multi-currency support
- Employee benefit management
- Analytics And Reporting
- Automatic Tax Calculations
- Chat and Phone Support
- Mobile access
- Payroll Protection
Pricing
Starts at AED 143.25 monthly, AED 18.36 employee/ month
3. PHP Payroll
PHP Payroll is highly flexible payroll management that is aimed to be an automation and customized package. PHP payroll provides the entire integrated payroll package for businesses operating in Egypt by handling their payroll calculation and complex compliance together with reporting.
PHP Payroll is quite versatile and would thus be the ideal choice for a business that deals with various types of payroll software in Egypt. It even offers businesses an option to customize a lot of things. This also has wonderful reporting tools in order to analyze the performance of the payroll. This is one aspect of budgeting and deciding based on financial implications.
Key Features
- Automated Payroll calculations
- Tax deductions and bonuses
- Reports and Analytics
- Customization
- Leave Tracking
- Automatic Scheduling
- Attendence Tracking
- Manage Payslips
4. Mercans
This payroll software in Egypt offers compliant local payroll services at a global level. Mercans delivers seamless payroll processing to any company irrespective of it being homegrown or multinational. This results in the absence of any risk regarding compliance on payrolls. Its presence is pretty strong in several countries, so for international teams or companies who want to make payroll outsourcing a much more streamlined affair, it is an excellent choice. The system offers full automation, from tax calculations to generating payslips, all while reducing administrative burden.
- Global payroll services
- Strict compliance with Egyptian tax
- Automated reporting
- Payroll insights
- Email notifications
- Time and attendance tracking
- Benefits administration
- Expense Management
- Payslip generation
- Overtime calculation
5. Ramco
Ramco is an integrated HR and payroll solution designed to automate all activities related to human assets, finance, and benefits administration. This payroll software in Egypt may be a user-friendly interface that has global finance capabilities, which makes it fit for businesses in need of having a consistent integration of a single system with the finance and accounting department. The company pays high attention to an exhaustive tax and compliance setup as per the Egyptian rules and regulations.
This payroll software offers multiple features aligning with the demands of the diverse businesses and candidates. Â
Key Features
- All-inclusive payroll
- Tax and compliance management
- Automatic payroll
- Employees Benefit Management
- Multicurrency operation
- F&F Calculation
- Tax management
- Add unlimited Salary component
- Payslip Generation
- Overtime calculation
6. Lenvica
Lenvica is a comprehensive, integrated software that also provides a full-feature payroll software in Egypt. Lenvica is designed to automate payroll, data management, and every other aspect of HR with respect to tax compliance by the regulations of Egypt. The system also provides modules for attendance and leaves and, therefore, is an excellent choice for businesses that seek a comprehensive HR solution. It allows payrolls to be customized to address various needs of the business.
This payroll management software in Egypt targets and make a direct approach with different modules. The conviction to cater the diverse businesses even MSMEs. The multiple features like salary structure, reports and analytics, documentation, creation and configuration and many more facilitation is offered with the ease.Â
Key Features
- Completely taxable compliance management
- Payroll customizable solution
- Employee data
- Integrate with Attendance, Leave Management.
- F&F Calculation
- Auto-integrate payroll with the accounts system
- Payslip generation
- Overtime calculation
Pricing
Â
Starts with AED 574.46 annually
7. Performely
Performely is a friendly, user-oriented payroll software in Egypt designed especially for small and medium-sized companies. The instinctive interface will allow companies to conduct payroll handling less complicated with or without deep preparatory effort, technical capability. It includes automation of payroll computation and tax filling plus reporting features to employees who avail of the service. Estimating is defined for cost-effective aspects for small companies that are on a lookout for the simplest form of payroll cycle solution.
Performely is customizable, and businesses can tailor payroll structures according to their needs, which makes it apt for industries that have different compensation models.
Key Features
- Easy payroll management interface
- Tax calculations
- Employee direct deposit facility
- Employee self service portal
- Reports and analytics
- Configurations
- Payslip generation with templates
- F & F Calculation
8. Zen HR
ZenHR is cloud-based payroll software in Egypt for any business. Its payroll, attendance, employee record, and benefit management automatically abide by the regulations of labor and tax in each country. Therefore, it saves time in simple HR work while reducing errors for businesses to manage payroll effectively.
ZenHR has payroll components that can be customized, real-time reporting, and a self-service portal for the employees. Such a user-friendly and flexible platform provides ease in access and automated updates on a cloud infrastructure to manage HR processes for companies that remain compliant with changing regulations within Egypt.
Key Features
- Generate Payslip
- Configurable Salary Structure
- Time sheets and project management
- Employee self service portal
- Full and Final Settlement
- Employee Self Service
- F & F Calculation
- Salary Components Addition
9. MenaPay (Meniatech)
MenaPay, earlier known as Meniatech, is a payroll solution mainly focused on the MENA region with a significant support system in Egyptian payroll compliance. MenaPay provides an integrated payroll management system with features such as tax compliance, employee benefits, and time tracking. The software ensures that business entities comply with local labor laws, but it’s flexible enough to suit businesses of any size. This seamless automation with this payroll software in Egypt will reduce manual work with higher payroll accuracy in business operations.
Key Features
- Global Payroll solution
- 100% error-free compliances
- Unlimited pay reports
- Add multiple allowances
- Customized salary scale
- Payroll approval workflow
Conclusion for Best Payroll Software in Egypt
The selection of right payroll software in Egypt is highly significant for the companies to streamline their money processes while making fewer errors and with compliance. Be it a small venture or an established one, payroll software solutions bring to your attention several highlights that would make the task of your payroll run so much more smoothly than you might have possibly thought. Therefore, by virtue of its payroll automation calculation process and upholding of law with income tax, this saves you some of the very valuable time and resources that could be applied for business growth.
Research the various options and what price range, and features will be offered in each, that aligns best with your unique business requirements and areas of interest, like data safety, customer service, and other points that will simplify the transition on your existing systems. Additionally, you can schedule a demo on the same. Opt for the payroll software in Egypt that suits your business requirements well. You are thus assured of timely and accurate payments done as well as the benefits of complying with Egyptian labor laws and enhancing general efficiency in managing your workforce.
