Payroll Service
TN Online Payroll Pte Ltd is a Singapore-based payroll outsourcing provider offering cloud-based payroll, tax filing, leave management, and compliance services to small, mid-sized, and multinational businesses across Singapore, Malaysia, and Indonesia since 2004.
- Company typePrivate
- Founded2004
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Payroll Service does
TN Online Payroll Pte Ltd is a Singapore-incorporated, privately held payroll outsourcing provider founded in 2004, operating from its headquarters at 531A Upper Cross Street in Singapore's Hong Lim Complex. The company delivers cloud-based payroll processing, statutory tax and CPF filings, leave and expense management, compliance administration, and global HR software to small businesses, mid-sized companies, and multinational clients across Singapore, Malaysia, and Indonesia. Its core technology is a web-based, modular platform with an Employee Self-Service portal for payslips, e-claims, and leave requests, supported by separate server infrastructure with auto-backup and multi-level access control, and an integration with QuickBooks for accounting reconciliation.
Revenue is generated through per-employee monthly subscriptions on tiered pricing (Package A for fixed-salary staff at S$12-15/employee/month and Package B for variable pay at S$12-20/employee/month), with add-on modules priced from S$6/employee/month for the ESS portal and small-business payroll. Professional services revenue is earned through IR8A/IR21 tax form preparation and statutory compliance administration. Go-to-market is direct-to-business via the company's website, inbound phone, email, and an educational content/blog program, with a dedicated account manager assigned at onboarding. Distribution is regional from the Singapore HQ, with full government filing handled for each of the three operating jurisdictions. The company is founder-owned, has no disclosed institutional capital, and operates with a 1-10 employee team.
Payroll Service firmographics
Firmographics- Name
- Payroll Service
- Legal name
- TN Online Payroll Pte Ltd
- Website
- https://payrollservice.com.sg
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TN Online Payroll Pte Ltd is a Singapore-based payroll outsourcing provider offering cloud-based payroll, tax filing, leave management, and compliance services to small, mid-sized, and multinational businesses across Singapore, Malaysia, and Indonesia since 2004.
- Ownership category
- akta.pro rank
Payroll Service industry classification
Industry- Product category
- Payroll Outsourcing
- NAICS
- Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Managed Payroll Services (Full-Service Payroll Outsourcing) (BPAAAHAA)
- akta.pro secondary industries
- Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB), Payroll Outsourcing & Pay Administration (Multi-country/Managed Payroll) (BPACAKAD), Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ)
Keywords
Where Payroll Service is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Payroll Service business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Payroll Outsourcing Services: Monthly per-employee subscription fees for full payroll processing, tax filing, CPF contributions, and statutory compliance. Two pricing tiers: Package A for fixed-salary employees (S$15/head/month for 5-30 employees, S$12/head/month for 31-100, custom pricing above 100); Package B for variable pay including overtime/commissions (S$20/head/month for 5-30, S$12/head/month for 31-100, custom above 100).
- Tax Filing Services: Preparation and submission of IR8A, IR21, and other income tax forms as part of statutory compliance service.
- E-Leave & E-Claim Management: Online leave application and expense claim processing through the employee self-service portal.
- Global HR Software / HRMS: Global HR software services for companies operating across multiple countries, including Singapore, Malaysia, and Indonesia, handling multi-country payroll, compliance, and HR administration.
- Compliance Administration: Regulatory compliance management including CPF contributions, Skills Development Levy, NS Men Make-Up Pay, and maternity/childcare claims.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Package A - Fixed Salary Employees: S$15/head/month (5-30 employees), S$12/head/month (31-100), custom pricing above 100 |
| Per seat | Monthly | Package B - Variable Pay (Overtime/Commission): S$20/head/month (5-30 employees), S$12/head/month (31-100), custom pricing above 100 |
| Per seat | Monthly | Employee Self-Service Portal: from S$6 per employee per month |
| Per seat | Monthly | Small Business Payroll: from S$6 per employee per month |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Payroll Service product offering
Product offeringCore offering
TN Online Payroll Pte Ltd (operating as Payroll Service) provides cloud-based payroll outsourcing services for businesses of all sizes, handling salary calculations, CPF contributions, tax deductions, payslip generation, and statutory filings (IR8A, IR21) for Singapore, Malaysia, and Indonesia. The offering is delivered through a web-based platform with an Employee Self-Service portal for e-leave, e-claims, and payslip access, complemented by tax filing, compliance administration, and HRMS modules.
Product overview
TN Online Payroll offers a cloud-based payroll outsourcing platform with a modular product architecture. The core offering is the Payroll Outsourcing service, which can be enhanced with complementary modules including Tax Service, E Leave & E Claim, Compliance Administration, HR Software (Global HRMS), and Employee Self Service Portal. All services are delivered through their web-based platform with remote access capabilities, supporting businesses in Singapore, Malaysia, and Indonesia. Pricing is tiered by employee count and service complexity (Package A for fixed salaries from S$12-15/employee/month; Package B for variable pay including overtime from S$12-20/employee/month).
Differentiator
Problem solved
Functional benefit
Products and services
- Payroll Outsourcing
Quantifiable outcome
- First-month fee refundable if client is not satisfied with results
- +1 more outcomes
Companies that use Payroll Service
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Payroll Service technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Payroll Service partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TN Corporate Management Pte LtdminorRelated company providing incorporation services ($380 within one hour), secretary services ($270/year), corporate tax services (from $650/year), and accounts services. Offered as bundled/companion services to payroll clients.
Scale indicators5 records
Recent moves4 records
Expansion highlights5 records
Payroll Service competitors and assessment
Company assessmentOthers
Broad incumbents
- Ramco Systems: Asia-headquartered enterprise HR/payroll software vendor with strong Singapore and SEA footprint. Offers multi-country payroll cloud platform comparable to TN's HRMS/Global HR Software offering, but at enterprise scale.
- ADP: Global payroll and HR services giant with established Singapore and regional operations (ADP Streamline, ADP Celergo). Overlaps with TN on enterprise multi-country payroll but at much larger scale and price points, serving as the upper-bound incumbent competitor.
Direct peers
- Deel: Global payroll and Employer-of-Record platform with rapidly growing presence in Singapore and SEA. Targets the same SME and growth-stage MNC segment as TN but with venture-capital-backed technology, mobile UX, and global coverage.
- BIPO: Singapore-headquartered multi-country payroll and HR outsourcing provider covering SEA, Greater China, and beyond. Most direct overlap: regional managed payroll for SMEs and MNCs in Singapore, Malaysia, and Indonesia with full statutory filing — the exact same value proposition TN Online Payroll offers.
- Boardroom (OneHR): Established Singapore corporate services and payroll outsourcing firm under the Boardroom group. Overlaps directly with TN's full-service payroll outsourcing, tax filing, and statutory compliance offerings in Singapore.
- P.A.Y. Asia (PayAsia): Asia-focused payroll outsourcing provider serving multinationals with operations across the region. Directly comparable in multi-country payroll processing, tax filing, and HR administration for companies expanding across Asia.
- i-Admin: Singapore-based payroll and HR administration specialist serving SMEs and multinational clients across SEA. Competes head-to-head with TN in the SG/MY/ID mid-market segment and offers similar per-employee outsourcing pricing and statutory filing.
Emerging players
- Multiplier: Global payroll and EOR platform with active presence in Singapore, Malaysia, and Indonesia. Targets the same regional payroll buyers TN serves, particularly SMEs expanding across SEA.
- Remote: Global payroll and EOR platform expanding into SEA, including Singapore, Malaysia, and Indonesia. Competes with TN for cross-border payroll mandates, though Remote's core strength is in employer-of-record rather than traditional outsourcing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Payroll Service social profiles
Digital presencePayroll Service financial estimates
Financial estimateRevenue estimate
Valuation estimate
Payroll Service leadership team
Management profileNumber of profiles
Profiles1 record
Payroll Service funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Payroll Service M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Payroll Service
What does Payroll Service do?
TN Online Payroll Pte Ltd (operating as Payroll Service) provides cloud-based payroll outsourcing services for businesses of all sizes, handling salary calculations, CPF contributions, tax deductions, payslip generation, and statutory filings (IR8A, IR21) for Singapore, Malaysia, and Indonesia. The offering is delivered through a web-based platform with an Employee Self-Service portal for e-leave, e-claims, and payslip access, complemented by tax filing, compliance administration, and HRMS modules.
Is Payroll Service a public or private company?
Payroll Service is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Payroll Service founded?
Payroll Service was founded in 2004. It employs 1 to 10 people.
Where is Payroll Service based?
Payroll Service is headquartered in Singapore, Singapore, in the Asia region.
How does Payroll Service make money?
Five revenue lines are on record. Payroll Outsourcing Services are the primary driver. The others are tax Filing Services, E-Leave & E-Claim Management, global HR Software / HRMS and compliance Administration.
Who are Payroll Service's main competitors?
Workday is listed as an others. Broad incumbents are Ramco Systems and ADP. Direct peers are Deel, BIPO, Boardroom (OneHR), P.A.Y. Asia (PayAsia) and i-Admin. Emerging players are Multiplier and Remote.
Does Payroll Service have an API?
No public API is recorded for Payroll Service.
What industry is Payroll Service in?
Payroll Service's product category is Payroll Outsourcing. Its primary akta.pro industry code is BPAAAHAA, Managed Payroll Services (Full-Service Payroll Outsourcing), with a secondary code of BPACAIAB, Payroll Software & Payroll-as-a-Service (SaaS). Its NAICS code is 541214 and its SIC code is 7374.