Dealing with the Problems of Property Management in Singapore

During the last several years, the property management sector in Singapore has encountered a number of problems. The firm is characterized by specific problems, mostly the problems of controlling the needs of various tenants and maintaining an excellent standard of facilities in different properties, which are not faced by other firms.
Moreover, the fact that the firm is dealing with the assignment of lease agreements for multiple properties adds to the disarray. On the other hand, the challenges of dealing with technological developments and managing the extensive area of data security are the ones that this particular industry shares with others pointing to the need for the flourishment of proper mechanisms.

The HCM Solutions that Changes the House

Surmounting these significant challenges, the introduction of a Human Capital Management (HCM) system has become a necessity for real estate firms in Singapore. The modern HCM system is like a magic wand for property management firms to get the benefits of better employee rostering and optimal allocation of resources. Furthermore, the HCM system that works as it’s supposed to does better payroll processing, automating the calculations and ensuring timely CPF contributions. By making the employee evaluation process easier, firms can appreciate and reward the ones who have worked for long, which in turn improves workplace atmosphere. Moreover, the management of data along with the compliance with the local rules is a must. With a full-scale HR system, property management firms can manage their employee resources better, serve customers effectively, and maintain their market competitive advantage in an innovative environment.

Techniques for the flourishing of HCM implementation

The robust and successful implementation of an HCM system needs detailed planning and execution. Initially, firms have to survey their needs and challenges and customize the HCM solution to address those specifics. Training is a key factor, and is the one that should ensure all users are equipped with the skills maintenance of the HRIS and functional use. Besides, the constant evaluation of the HCM system’s functions will assure optimization, so it stays on track with the overall firm aims. Open communication between all of the stakeholders is also essential, allowing for the transition to be seamless and for all parties to have increased buy-in.

Particular Characteristics of the Multiable aiM18 HCM System

1. Rule-based workflow engine: Streamlined and automated property management processes to gain efficiencies.
2. A.I. ready and fully customizable: Suits the unique industry needs and evolves with future growth or changes.
3. Intelligent roster planning: Improve staffing by matching workers’ abilities and availability with production requirements.
4. Interface for tailored labor law compliance: Guarantees the exact following of Singapore laws.
5. Unlimited appraisal forms: Offers a flexible and staff-specific performance assessment process.

Acknowledgment by IRAS in Singapore

Moreover, the Multiable HCM system also enjoys a good reputation. The HRMS software is endorsed by the Inland Revenue Authority of Singapore (IRAS) under the Auto-Inclusion Scheme (AIS) for Employment Income as software that complies with Controls through ‘Category of Software Compliance’. This is a proof of the software’s trustworthiness, commitment to compliance, and reliable service, thus allowing businesses to run their HCM operations without any worries.

What is Multiable HCM?

Multiable HCM is a cloud-native HCM (aka HRMS, HRIS or HR system). With over 6,000 customers, Multiable HCM gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.

What is LAIDFU (Let AI Do for You)?

LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.

Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.

EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.

Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.

LAIDFU empowers business, with or without an HCM system in place.