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Description
BrightCIS is an innovative cloud software solution tailored to manage all aspects of the Construction Industry Scheme (CIS) for both contractors and subcontractors, providing secure functionalities to oversee subcontractor information, confirm HMRC registrations, and automatically compute CIS deductions. Additionally, it facilitates rapid payments to subcontractors, including a swift 90-second processing option through Modulr, and effortlessly produces official “Payment and Deduction Statements” along with year-end summaries. The platform allows for easy CSV imports of subcontractor lists, batch processing for multiple contractor returns, and submission of monthly CIS300 returns with just a few clicks. Users benefit from comprehensive audit-trail visibility, which includes timestamped actions, and unlimited access from any device, enabling real-time collaboration among team members. Since it operates entirely in the cloud, BrightCIS ensures automatic updates to comply with the latest HMRC regulations and significantly minimizes the risk of manual errors in calculations. Moreover, it centralizes the onboarding and verification process for subcontractors, enhancing efficiency and streamlining operations for all users.
Description
There is a limitless variety of payment types available, such as regular, hourly, salary, and overtime rates, with effective start and end dates for each pay rate. Payment structures can be configured to adhere to specific limits based on pay periods and year-to-date (YTD) calculations. Each employee can have an unlimited number of deductions applied, with the flexibility to set their frequency as monthly, annually, per pay period, or quarterly, while also adhering to limits based on pay periods, YTD, and lifetime deductions (LTD). The system is capable of calculating and collecting any arrears owed. Additionally, direct deposit options can be utilized for any deductions made. Retirement plans, including employer-sponsored 401K and 403B options, are fully supported, along with compliance for all federal, state, and local taxes, including Social Security and Medicare deductions. Furthermore, calculations for FUTA and state unemployment taxes are systematically managed. The platform features a table-driven definition for tracking entitlement accruals for vacation days, holidays, floaters, and other approved leaves, with automatic enrollment for employees based on qualifications determined by seniority or hire date. An extensive audit trail is maintained for all accrued benefits and the time taken related to LTD. The setup for all benefit plans, including medical, dental, and insurance, is also table-driven, ensuring that employer-paid benefits are automatically calculated and accurately reflected. This comprehensive approach ensures that both employees and employers have a clear understanding of their financial obligations and entitlements.
API Access
Has API
API Access
Has API
Integrations
Google Sheets
Microsoft Excel
Modulr
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Bright
Founded
2021
Country
Ireland
Website
brightsg.com/brightcis/
Vendor Details
Company Name
EmpowerFinancials
Country
United States
Website
www.empowerfin.com
Product Features
Product Features
Payroll
401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment
