Software ยท Malaysia ยท Head-to-head

Financio (by ABSS) vs HashMicro

Two Malaysia software options, compared side by side for Malaysia trades.

Which should you choose?

Financio (by ABSS) is Tier S: our check found its prices published on its own website. HashMicro is Tier A. Compare the typical pricing shown for each below. The tier is not a quality ranking: weigh the pros, cons, pricing and Malaysia-specific notes below against your trade and region.

Financio (by ABSS)

Tier S ยท Published prices

Cloud accounting and payroll for Malaysian SMEs from ABSS

Financio is the cloud accounting and payroll product of Asian Business Software Solutions (ABSS), the former MYOB South Asia, which rebranded to ABSS in 2018 and launched Financio in Malaysia and Singapore in 2017. The Star reported in June 2022 that Censof Holdings had raised its stake in ABSS to 97%. ABSS also sells the desktop ABSS Accounting and Premier range and says more than 400,000 SMEs use its software.

Pros

  • + Published prices from RM50 per month
  • + LHDN e-invoices included in both plans
  • + Payroll product from the same vendor
  • + 30-day free trial of the Premier plan

Cons

  • โˆ’ Essentials plan includes only 25 LHDN e-invoices
  • โˆ’ No permanently free plan
  • โˆ’ SST treatment of the listed prices not stated
  • โˆ’ No construction job-costing features found on its pages

Malaysia note

Financio says its users can send, receive and track e-invoices with LHDN, and its e-invoice guide covers consolidated and self-billed e-invoices and credit or debit notes. The Essentials plan includes 25 LHDN e-invoices and Premier 5,000, so check the quota against your invoice volume.

Typical Malaysia pricing: Accounting Essentials RM50/month or RM550/year; Accounting Premier RM85/month or RM935/year (prices effective 1 December 2024). Payroll Essentials RM75/month (up to 30 employees), Payroll Premier RM135/month (up to 200 employees). SST treatment not stated. 30-day free trial; no free plan.

HashMicro

Tier A ยท Listed

Modular ERP with a construction module, sold in Malaysia by HashMicro Malaysia

HashMicro sells a modular ERP covering accounting, HR and payroll, inventory, CRM, procurement, manufacturing, POS, project management and construction. Its Malaysian site is run by HashMicro Malaysia Sdn Bhd from Wisma UOA II in Kuala Lumpur, and it lists offices in Singapore, Indonesia, the Philippines, Australia and Thailand. HashMicro says 3,000+ companies use its software.

Pros

  • + Construction module with BoQ templates and progress billing
  • + Subcontractor work orders and claims
  • + HashMicro says its e-invoicing is integrated with MyInvois
  • + Broad module range in one ERP

Cons

  • โˆ’ No public prices
  • โˆ’ Its own ERP comparison article lists HashMicro first; treat such lists as marketing
  • โˆ’ Full ERP scope is more than many small contractors need
  • โˆ’ Certification claims in its e-invoice guide not backed by an official list

Malaysia note

HashMicro says its e-invoice software is integrated with LHDN MyInvois for automatic validation and submission. Its construction module covers BoQ templates, milestone progress billing with retention and subcontractor claims. Its Malaysian blog ranks HashMicro first in its own ERP list, so compare it against independent sources.

Typical Malaysia pricing: Quote-based; no public prices on HashMicro's Malaysian site.

More Malaysia options

See all Malaysia software vendors and the rest of the Malaysia directory.