ICT sector in Singapore portrays various challenges of its own which are quite uncommon thus, implementing a strong HCM system can help address these problems to a great extent and in turn boost the operational efficiency of many organizations. Indeed, the firmware is the sole software that can infuse life into any firm’s HR operations.

ICT-Specific Challenges Facing This Industry?

Singapore’s ICT sector has some distinct difficulties in it. The pace of technological developments necessitates constant upskilling of employees. Furthermore, data privacy challenges necessitate strict compliance. What are more, competition for skilled workers is a serious issue not only in Singapore but also worldwide with many foreign firms offering attractive job possibilities.

Industry common issues also exist. Battling regulatory compliance is a shared concern, while maintaining employee engagement remains critical. In addition, most sectors including ICT also undergo payroll complexities and long service payment, as well as CPF contributions, are some issues that are common across several sectors including ICT.

What Can an HCM System Do?

An HCM system can be a power fix for the urgent problems. Better payroll and rostering of staff are among the changing trends organizations adopt to keep their triple bottom lines safe. Not standard, but HRMS can automate the performance appraisal process and thereby aid staff to feel more included.

Of course, HR systems neatly arrange and disburse compliance burdens, resulting in timely and long-standing legal standards performance. The transition is not only efficient because of focused innovation but also due to a specific suite of products such as HRIS and HRMS. These products are tailor-made to suit the ICT sector which is characterized by rapid growth and change due to the development of new technologies.

Steps on a Perfect HCM Implementation

Attention to detail is necessary for setting up an HCM entity. It is imperative to involve people from various departments. Also, configuring the HCM system according to firm objectives will guarantee the meeting of organizational needs. After all, rigorous pre-tests will more than ensure the system’s ability to operate smoothly from the outset.

Why Multiable’s aiM18 HCM System?

• Rule-based Workflow Engine: Increases productiveness by minimizing task disparities.

• ISO:27001 Certified: It features high-strength data encryption for maximum data security.

• Intelligent Roster Planning: Increases performance by improving the execution of scheduling, se

• Flexible Payroll Formula: Results in a huge reduction of payroll customization-related issues.

• Unlimited Appraisal Forms: Permits personalization of the performance appraisal process.

How aiM18 Addresses Compliance Needs

Local legislation compliance is a key priority in aiM18 HCM‘s Design. This solution of e-MPF for approval and MPF support, through the features of IRD-compliant, necessary requirements, and adherence to local rules, demonstrates its reliability and compliance with Singaporean regulations.

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.