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Payroll · head to head

Namely vs Volopay

Namely logo

Namely

Payroll

The HR platform that employees love

From
$18/employee/month
Rated
-
Full reviewWebsite
Volopay logo

Volopay

Payroll

Corporate cards, multi-currency accounts and accounts payable automation for Asia-Pacific businesses

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Namely limited customization for complex HR processes: workflows and customization options are limited compared to enterprise solutions; Volopay cross-currency spend within Singapore carries a fee around 3.1%, which is easy to overlook against the advertised free domestic transfers and can dominate total cost for internationally mobile teams.
  • They diverge on capability: Namely covers HR Management, Volopay covers Multi-currency business accounts.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Namely and Volopay actually diverge.

Attributes where Namely and Volopay differ
AttributeNamelyVolopay
Starting price$18/employee/monthOn request
Pricing modelUnknownquote
PlatformsWebWeb, iOS, Android
Founded2012Unknown

Identical on both: free tier (No), user rating (Not yet rated), category (Payroll).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Namely

  • HR Management
  • Payroll
  • Benefits Administration
  • Time Off Management
  • Performance Management
  • Onboarding
  • Slack
  • Google Workspace

Only in Volopay

  • Multi-currency business accounts
  • Virtual and physical corporate cards
  • Accounts payable automation
  • Expense management
  • Accounting integrations
  • Approval workflows

What people use each for

The jobs each tool is most often brought in to do.

Namely

  • Processing payroll for employees across multiple states with different tax rulesnot Volopay
  • Collecting 360-degree feedback and managing performance reviewsnot Volopay
  • Automating onboarding workflows and document e-signature collectionnot Volopay
  • Managing benefits enrollment and annual open enrollment periodsnot Volopay

Volopay

  • A Singapore-headquartered company paying vendors and staff across several APAC currencies from one accountnot Namely
  • A finance team wanting free domestic transfers with accounts payable automation includednot Namely
  • A regional business consolidating separate local business bank accounts into one multi-currency platformnot Namely
  • A company whose card spend is concentrated in SGD and wants to minimise cross-currency fee exposurenot Namely

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Namely

  • Limited customization for complex HR processes: workflows and customization options are limited compared to enterprise solutions
  • Payroll limitations: better served for less complex organizations and struggles with complex time-and-attendance or multi-FEIN scenarios
  • Missing ATS and surveys: lacks built-in applicant tracking system and pulse survey capabilities
  • Slow support response times: pod-based support model has led to slow response times for customers
  • Designed for specific market segment: best fit is mid-sized companies with 50-350 employees

Volopay

  • Cross-currency spend within Singapore carries a fee around 3.1%, which is easy to overlook against the advertised free domestic transfers and can dominate total cost for internationally mobile teams.
  • Cross-border payments in non-SGD currencies add roughly 1.6%, so a company paying many overseas vendors accumulates a real cost that is not visible on the headline pricing.
  • Regional focus on Asia-Pacific means weaker fit for companies whose spend is mainly in Europe or North America, where Payhawk or Extend cover the ground better.
  • Pricing is not published, so despite the specific fee percentages that are publicly known, the underlying subscription or platform fee must be obtained by quote.
  • As a comparatively young fintech, its card issuing depends on banking partners whose regulatory standing in each APAC market can change, and companies should confirm current licensing in their specific country before committing.

Pricing, plan by plan

Namely

$18/employee/month

No published plan breakdown. See the Namely review.

Volopay

On request
  • Volopay$undefined/month
    • Free domestic SGD transfers and Accounts Payable Automation
    • Approximately 1.6% fee on cross-border non-SGD payments
    • Approximately 3.1% fee on cross-currency spend within Singapore

Which should you pick?

Choose Namely if

  • You need hr management.
  • You also want payroll.
Namely review

Choose Volopay if

  • You need multi-currency business accounts.
  • You work on Web, iOS, Android.
  • You also want virtual and physical corporate cards.
Volopay review

Questions people ask

Is Namely or Volopay better?
Neither clearly leads. Namely starts at $18/employee/month and Volopay at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Namely or Volopay?
Namely starts at $18/employee/month and Volopay at On request.
Does Namely or Volopay run on more platforms?
Namely runs on Web. Volopay runs on Web, iOS, Android.
What is Namely best used for?
Namely is most often used for processing payroll for employees across multiple states with different tax rules, collecting 360-degree feedback and managing performance reviews, automating onboarding workflows and document e-signature collection, managing benefits enrollment and annual open enrollment periods. Of those, processing payroll for employees across multiple states with different tax rules and collecting 360-degree feedback and managing performance reviews are not what Volopay is typically brought in for.
What can Namely do that Volopay cannot?
Namely covers HR Management, Payroll, Benefits Administration, Time Off Management. Volopay covers Multi-currency business accounts, Virtual and physical corporate cards, Accounts payable automation, Expense management.

Answered from the vendors’ own pages

Namely: Does Namely support global payroll?

Namely primarily focuses on mid-sized US-based companies with 50-350 employees. While it can handle complex payroll scenarios, it is better served for less complex organizations and does not have extensive global payroll capabilities compared to enterprise platforms.

Source
Volopay: What currency is Volopay built around?

Singapore dollar as the base account currency, with support for spend and transfers across several other Asia-Pacific currencies.

Namely: What is included in Namely's Premium pricing?

Premium plans cost $18-24 per employee per month plus implementation fees of 10-25% of annual software costs. Plans include payroll, HR, benefits administration, time management, and talent management features.

Source
Volopay: Are transfers free?

Domestic SGD transfers and the Accounts Payable Automation product are advertised as free; cross-border and cross-currency transactions carry separate fees.

Namely: Does Namely include performance management features?

Yes, Namely offers customizable performance review modules enabling dynamic, ongoing feedback rather than traditional annual-only reviews. This is one of Namely's standout features.

Source
Volopay: Is pricing published?

No, subscription pricing requires a quote, though the specific cross-currency fee percentages are disclosed publicly.

Namely: How long does Namely implementation typically take?

Namely is designed for mid-sized companies and implementation timelines vary based on complexity. The platform includes implementation fees of 10-25% of annual software costs in addition to monthly per-employee pricing.

Source
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