What is One-Stop Payroll
One-Stop Payroll (OSP) is a Singapore government-led digital initiative that reduces administrative workload by allowing employers to submit payroll and employment-related information
to multiple government agencies directly from their payroll software, without manual uploads or switching between portals.
Choose an efficient payroll filing system
for easy day-to-day operations
Traditional Filing Methods
- Submissions: Multiple manual submissions required across different portals
- Employee Salary Data: Entered manually via IRAS myTax Portal or other channels
- CPF Contributions: Submitted separately through CPF EZPay or other methods
- Workforce Composition: Prepared manually and submitted via MOM portal
- Technology: No automation; requires manual preparation of forms
- Efficiency: Time-consuming and error-prone; multiple logins and portals
One Stop Payroll
- Submissions: Simplify through API integration
- Employee Salary Data: Automatically handles IR8A / Appendix 8A & Appendix 8B
- CPF Contributions: Centralised management of employee CPF data
- Workforce Composition: Tracks and reports for MOM’s OED within the system
- Technology: API integration via Apex, powered by GovTech
- Efficiency: Simple workflow from payroll software; minimal errors
Financio Payroll Is Now an Official One-Stop Payroll (OSP) Vendor in Singapore
Managing compliance across multiple agencies has always been challenging for employers, tight deadlines, complex reporting, and scattered processes can be time-consuming and error-prone.
We’re excited to announce a major milestone: Financio Payroll is now an approved One-Stop Payroll (OSP) Vendor in Singapore.
As part of the government-led OSP initiative, Financio Payroll enables businesses to submit employment and payroll-related data to CPF, IRAS, and MOM directly from a single platform, reducing administrative work and simplifying regulatory compliance.
Why Choose Financio Payroll for One-Stop Payroll?
Make payroll simpler, faster, and more accurate with Financio Payroll’s One-Stop Payroll feature:
Minimise Errors
Automation reduces manual entry, lowering the risk of mistakes and costly compliance penalties.
Save Time and Boost Efficiency
No more toggling between portals, submit CPF, IRAS, and MOM reports directly from one platform with just a few clicks.
Stay Ahead of Compliance
Financio Payroll is continuously updated to reflect the latest government requirements, keeping your business always compliant.
Get in Touch
Want to learn more about Financio Payroll’s One-Stop Payroll feature or see how it can simplify your payroll process? Our team is here to help.
We provide prompt support and personalised assistance tailored to your business needs.
One-Stop Payroll FAQs
- CPF Submission: Monthly before the last day of the calendar month
- AIS Submission: Annually from early January to 1 March
- OED Submission: Required whenever new employee(s) are added to the system
Yes. CPF contributions are due on the last day of each calendar month.
- Late payment interest of 1.5% per month is charged from the first day after the due date.
- The system will automatically calculate the interest if contributions are submitted after the 14th of the following month (or the next working day if the 14th falls on a Saturday, Sunday, or Public Holiday).
You can export the submission details into an Excel file under the relevant feature. This allows you to cross-check and validate the information prior to submission.
You can view your submission records under Submission History:
- CPF Submission History: Displays Date/Time, Submitter, Payment Mode, and QR Code for payment.
- AIS Submission History: Displays Date, Submitter, and the Reference Response Code from IRAS. If you perform Validation Only, you can also check the validation status. For actual submissions, payroll administrators will receive an email notification from IRAS once the information is successfully transmitted.
- OED Submission: The system automatically retrieves the latest workforce data and sends it to MOM. Please note that submission history is not tracked for OED.
Data security and confidentiality are a top priority. Financio Payroll’s One-Stop Payroll feature uses industry-standard encryption, access controls, and compliance with data privacy regulations to keep sensitive payroll information safe. The system also works with government agencies’ secure channels, ensuring that submissions are protected during transmission.
Businesses can keep up to date through official channels, government announcements, and Financio Payroll resources. We also provide timely updates and guidance within the platform to ensure you always have the latest information on regulatory changes and feature enhancements.
