Malam Payroll

What Malam Payroll does

Malam Payroll (מלם שכר פלוס), headquartered in Jerusalem, Israel, is the largest human capital management and payroll technology provider in the Israeli market. The company offers a full suite of HR and payroll products covering the entire employee lifecycle — from hire to retirement — including the proprietary Malam Payroll processing system, NeoPay (a cloud-based payroll and attendance solution developed by its acquired subsidiary Synerion), SAP Payroll implementation, the TRM attendance system with GPS and biometric capabilities, the HR-M HR management system, the HRCULES digital HR workspace, pension operations and clearance services, and outsourced BPO payroll services. Its technology architecture rests on a unified database that connects payroll, attendance, and HR modules, with integrations into SAP ERP, access control systems (Kiyomlux, Rossler), and pension custodians (Custodia Israel). The company is ISO 27001 and ISO 9001 certified and operates as an independent company spun out of Malam Team Group (קבוצת מלם תים), one of Israel's largest IT companies.

The company serves hundreds of customers across Israeli government (its founding client base), local authorities, public sector, hi-tech, banking and finance, healthcare, education, hospitality, manufacturing, and retail, with tiered subscription pricing aligned to organizational size (51–100 SMB through 1,000+ large enterprise) and additional per-payslip pricing for BPO outsourcing. Its go-to-market is primarily enterprise field sales with dedicated account management, supplemented by a direct digital funnel including a public salary calculator, a content-driven Employer Command Center, and a podcast series. The company has expanded beyond Israel through the Synerion acquisition and partnerships into North America and South Africa, providing multi-language and multi-jurisdiction workforce management capability. Management is led by CEO Ilan Toker (also Joint CEO of Malam Team Group), CFO Rafi Cohen, and COO Tamir Malka. The company remains privately held and reports no external funding rounds.

Name

Malam Payroll

Legal name

מלם שכר פלוס בע"מ

Website

https://malam-payroll.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Malam Payroll is Israel's largest HR and payroll technology vendor, offering unified payroll, attendance, HR management, pension, and BPO outsourcing solutions to hundreds of government, enterprise, and SMB customers, spun out of Malam Team Group.

Ownership category

akta.pro rank

Product category

Payroll and Human Capital Management Software

NAICS

Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

SIC

Services-Management Services (8741)

akta.pro primary industry

Full-Service Payroll Processing (BPACAIAA)

akta.pro secondary industries

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB), Payroll Outsourcing & Pay Administration (Multi-country/Managed Payroll) (BPACAKAD), Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA), Workforce Management & Scheduling (BPACAPAI), Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ), Global Payroll & Multi-Country Payroll Management (BPACAHAC)

Keywords

• Payroll processing systems
• Human resource management
• Time attendance systems
• Pension administration
• Payroll outsourcing BPO

Headquarters

HQ city

Jerusalem

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software/SaaS Subscriptions: Annual subscription fees for cloud-based payroll (NeoPay), attendance (TRM), and HR management (HR-M) systems. Pricing based on number of employees or seats, with tiered plans for different organizational sizes.
2. BPO Payroll Outsourcing: Per-payslip pricing model for outsourced payroll services, providing complete payroll processing, compliance management, and professional responsibility transfer to the service provider.
3. SAP Payroll Implementation: Implementation and customization services for SAP Payroll system deployments, including consulting and system integration.
4. Pension Administration: Pension operations and clearance services, likely transaction or per-employee based pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Malam Payroll provides comprehensive human capital management solutions covering the full employee lifecycle from hire to retire, including payroll processing systems, time and attendance tracking, HR management, pension operations, and BPO payroll outsourcing services. It combines proprietary platforms with SAP Payroll integration and cloud-based offerings for organizations across Israel.

Product overview

Malam Payroll offers a comprehensive HCM (Human Capital Management) platform with multiple integrated modules covering the full employee lifecycle from hire to retire. The core offering consists of the Malam Payroll system for payroll processing, paired with complementary modules including NeoPay (cloud-based payroll via Synerion), SAP PAYROLL integration, TRM for time and attendance management, HR-M for HR administration, and HRCULES as a unified digital HR workspace. Additional services include BPO payroll outsourcing, pension operations, onboarding automation, employee/customer self-service portals, and physical security integrations (video/access control via CyomoLak and Rossler). The company also offers Synerion Enterprise for global workforce management with multi-language and multi-country regulatory support.

Differentiator

Problem solved

Functional benefit

Brands

• NeoPay: Cloud-based payroll and attendance management system
• TRM
• HR-M
• HRCULES
• Synerion
• SAP Payroll

Products and services

• Malam Payroll System Core payroll management system providing end-to-end payroll processing, compliance with Israeli tax and labor laws, salary calculations, and reporting for organizations.
• NeoPay Cloud-based payroll and presence management system developed by Synerion, offering integrated payroll processing with time and attendance tracking accessible from any location.
• SAP PAYROLL SAP-integrated payroll system offering for organizations using SAP ERP infrastructure, enabling payroll processing within the SAP ecosystem.
• TRM Attendance System (מערכת נוכחות TRM) Time and attendance management system tracking employee presence, supporting multiple reporting methods including mobile GPS-based reporting, geofencing, and biometric identification.
• HR-M Human Resources Management System (מערכת משאבי אנוש HR-M) Human resources management system covering the full employee lifecycle from hire to retire, including digital employee file management, onboarding, and self-service capabilities.
• HRCULES Digital HR workspace providing a unified portal for HR management, employee self-service, payroll slips, pension operations, and organizational communications.
• Synerion Enterprise Global workforce management solution enabling multi-language support, regulatory compliance across different countries, and flexible interfaces for integration with other enterprise systems.
• Pension Operations (תפעול פנסיוני) Pension operations service managing pension fund allocations, pension clearing processes, and compliance with Israeli pension regulations.
• BPO Payroll Outsourcing (חשבות שכר במיקור חוץ BPO) Outsourced payroll processing service providing complete payroll management, allowing organizations to focus on core activities while ensuring professional payroll accuracy and compliance.
• Onboarding Employee onboarding module enabling digital onboarding with questionnaires, digital document collection, e-signatures, and automated workflow notifications for new employee setup.
• Gross-to-Net Salary Calculator (מחשבון שכר ברוטו נטו) Online gross-to-net salary calculator enabling employees and employers to simulate salary calculations and understand take-home pay impacts.

Quantifiable outcome

• Zero human error in payroll processing through automated controls
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• SynerioncoreTechnology or IntegrationMalam Payroll acquired Synerion, a company specializing in advanced technological solutions for attendance and workforce management. Synerion provides global payroll and time and attendance solutions with multi-language support and regulatory flexibility for different countries. The partnership enables Malam Payroll to offer comprehensive workforce management solutions with high global capability.
• SAPcoreTechnology or IntegrationMalam Payroll is a certified provider and implementer of SAP Payroll system in Israel, offering SAP PAYROLL solutions alongside their proprietary systems. This partnership enables serving enterprise clients requiring SAP integration.
• Malam Teams (קבוצת מלם תים)flagshipStrategic or Co-development PartnerMalam Payroll originated as the payroll department within Malam Teams, one of Israel's largest and leading IT companies. The company achieved organizational independence but maintains strategic ties with the parent group. Malam Payroll CEO also serves as joint CEO of Malam Teams group.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Papaya Global: Israeli-founded global payroll and Employer of Record (EOR) platform targeting multinational employers. Comparable as an Israeli-headquartered payroll tech peer pursuing the global payroll corridor — overlaps with Malam/Synerion's international expansion thesis.
• Ramco Systems (Global Payroll): Cloud payroll and HCM provider with multi-country payroll and workforce management capabilities — competes in the same mid-market and emerging-market segments as Synerion/Malam with comparable modular architecture.
• HiBob: Israeli-founded modern HRIS platform targeting mid-market employers with strong employee experience focus. Comparable as an Israeli HR tech peer, though HiBob is positioned upstream of payroll (which it partners on) rather than as a payroll-anchored platform like Malam.

Direct peers

• Paychex: Leading SMB payroll and HR solutions provider with bundled SaaS (Paychex Flex) plus full-service payroll outsourcing — closely mirrors Malam's tiered SMB-to-enterprise pricing model and recurring per-employee revenue approach.
• Ceridian / Dayforce: Cloud HCM platform combining payroll, workforce management, benefits, and talent in a single system with strong BPO/payroll services arm. Closest international pure-play comparable to Malam's full-service payroll + WFM + HCM model.

Regional players

• Zalaris: Nordic-headquartered payroll and HR outsourcing specialist serving Northern European employers with multi-country payroll, SaaS, and managed services. Comparable to Malam's blend of SaaS + BPO + multi-country execution, but anchored in a different European region.
• SD Worx: European payroll and HR services provider with strong multi-country payroll, outsourcing, and HCM SaaS capabilities across Belgium, Netherlands, Germany, France, UK. Comparable to Malam in regional payroll specialist positioning and BPO service depth, but in European rather than Israeli geography.

Broad incumbents

• Workday: Enterprise cloud HCM and financial management platform. Represents the global-suite competitive threat to Malam — buyers consolidating HR, payroll, and finance on a single modern cloud platform that Malam would need to integrate with rather than displace.
• ADP (Automatic Data Processing): Global payroll and HCM leader serving SMB through enterprise with both SaaS (Workforce Now, Vantage HCM) and managed payroll services. Highly comparable to Malam in product breadth (payroll, attendance, HR, benefits, BPO) but operates at vastly larger scale across 140+ countries.
• SAP SuccessFactors: Enterprise HCM suite from SAP, tightly integrated with SAP ERP and S/4HANA. Dual role for Malam: a partner for SAP Payroll localization in Israel, but also the principal competitor for any SAP-shop enterprise payroll opportunity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MalamPayroll
• LinkedInlinkedin.com/company/malam-payroll

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Malam Payroll