Payroll and Compensation
Blue Bison Payroll software has been built for the unique requirements of the Caribbean islands. Why calculate local tax, NIB or social-security payments manually when Blue Bison can do it for you? Discover how our comprehensive solution can transform your payroll operation in the Caribbean
Automated Payroll Process
Our software automates the entire payroll cycle, from calculating employee wages and deductions to generating payslips. No more manual calculations, reducing errors and saving you valuable time. Every business is unique, which is why you can tailor payroll rules to match your company's specific needs. Whether it's hourly wages, salaried employees, or complex bonus structures, we've got you covered.
Built In ACH Files and MultiCurrency Support
Our software provides built-in ACH (Automated Clearing House) files for all local banks, simplifying the process of paying your employees through the banking system. With Blue Bison, you can manage payments in any currency, as long as it is pegged to the US dollar. Pay your employees across multiple accounts, divide payments by specified amounts, or set percentages effortlessly.
Payroll Tax
Once the applicable payroll rules are configured, Blue Bison applies them consistently across each payroll cycle. The system supports progressive payroll taxes, tiered taxes with set limits, and handling both recurring and non-recurring taxable benefits.
The module also features robust reporting, complete with an integrated payroll tax calculator and specific tax reports for each Caribbean jurisdiction (such as the PR1 form for Bermuda).
Social Security and
Deduction Calculations
Our software automates the calculation of health and pension deductions based on your chosen contribution rates, employee choices, and applicable regulations. Say goodbye to manual calculations and potential errors. Tailor your health and pension deduction plans to meet the unique needs of your employees.
Scheduled Payslip Distribution
Keep your employees informed with scheduled payslip distribution via email and through our intuitive Employee Self-Service Portal. Provide them with easy access to their payroll information, ensuring transparency and convenience.