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Best HR and payroll software for 500 employees in Sri Lanka

At 500 employees the shortlist narrows to vendors with proven large deployments and a local implementation team.

Checked 2026-09-16. Ranking criteria are in the editorial policy.

Ranking for 500 employees

  1. 1.OODOX HR & PayrollCompanies with shift work, overnight rosters and complex overtime rules that need attendance to flow straight into payroll.LKR 250,000/mo
  2. 2.PeoplesHRLarge Sri Lankan employers, banks and groups that want a mature local implementation partner.Quote
  3. 3.MiHCMOrganisations of 100 to 20,000 employees that want a full HCM suite and already run on Microsoft 365.Quote

What matters at 500 employees

  • Named references above 500 employees
  • Payroll processing time for a full run
  • Role-based access and audit logs
  • Talent, recruitment and analytics modules

Estimated monthly cost

Estimated monthly software cost for 500 employees
VendorPricing modelEst. monthly cost, 500 employeesPer employee
OODOXFlat tiersLKR 250,000LKR 500
PeoplesHRQuote onlyQuote—
MiHCMQuote onlyQuote—

Estimates use each vendor's published price list and exclude implementation fees and taxes. Quote-only vendors do not publish prices.

Capabilities

Feature comparison
CapabilityOODOXPeoplesHRMiHCM
EPF, ETF and APITYesYesYes
T10, C-Form and statutory reportsYesYesYes
Bank salary upload filesYesYesYes
Biometric device integrationYesYesYes
Shift and roster managementYesYesYes
Overtime and no-pay rulesYesYesYes
Leave managementYesYesYes
Employee mobile appYesYesYes
Multi-entity payrollYesYesYes
Accounting integrationYesYesYes
Performance managementYesYesYes
RecruitmentYesYesYes
Sinhala payslipsNot publishedNot publishedNot published
Claude / ChatGPT / custom AI agent integrationYesNot publishedNot published
WhatsApp emergency SOS and first-responder alertingYesNot publishedNot published

Also fits this size

Humanised, Better HR, Gallery HR, LiveUHris, OrangeHRM. Not ranked above because of thinner evidence or weaker fit, not because they cannot run payroll at this headcount.

Frequently asked questions

What is the best HR software for 500 employees in Sri Lanka?
OODOX HR & Payroll ranks first for 500 employees at an estimated LKR 250,000 a month, followed by PeoplesHR and MiHCM. At 500 employees the shortlist narrows to vendors with proven large deployments and a local implementation team.
How much does HR software cost for 500 employees?
From published price lists: OODOX about LKR 250,000 a month; PeoplesHR quote only; MiHCM quote only. Implementation fees and taxes are extra.
What matters most at 500 employees?
Named references above 500 employees. Payroll processing time for a full run. Role-based access and audit logs. Talent, recruitment and analytics modules.