Reduce errors with automated tax calculations and deductions.

• Automatically deducts income tax, social security, and retirement contributions.
• Generates tax reports for easy filing and compliance.
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3. Multi-Currency Payroll

Global payments made simple.

• Handles multi-currency transactions for international employees.
• Offers competitive exchange rates for seamless global payroll.
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4. Employee Benefits & Bonuses

Reward employees effortlessly.

• Supports bonus payments and performance incentives.
• Integrated benefits tracking for health insurance, pensions, and perks.
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5. Payroll Reporting & Analytics

Data-driven insights for better financial management.

• Generates customized reports on salary expenses, tax liabilities, and payment trends.
• Real-time tracking of payroll expenditures.
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6. Secure & Compliant Transactions

Ensuring payroll safety with advanced security.

• End-to-end encryption for payroll data protection.
• Two-factor authentication (2FA) for payroll access and approval.

7. Employee Self-Service Portal

Empower employees with financial transparency.

• Employees can view pay slips, update tax details, and access benefits.
• Instant notifications for salary deposits and deductions.
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🔄 How the Illuminus Bank Payroll System Works

Step 1: Business registers with Illuminus Payroll Services.
Step 2: Employers set up payroll preferences (salaries, deductions, payment schedules).
Step 3: Employees receive direct deposits automatically on payday.
Step 4: Taxes and benefits are auto-deducted, ensuring compliance.
Step 5: Employers access payroll reports and analytics through the Illuminus Business Portal.

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Exclusive Payroll Perks

✅ Zero Processing Fees for the first 6 months of payroll setup.
✅ Early Wage Access for employees—get paid before payday with flexible withdrawal options.
✅ Loyalty Benefits—businesses earn reward points on payroll transactions, redeemable for discounts on financial services.

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