While in their quest to improve operational efficiency, the POS firms in Singapore are facing an obvious number of obstacles that require the implementation of strong HR systems. HCM solutions for the very same POS firms in the midst of the current competition can be lifesaving applications.

What Problems Are Specially Afflected to the POS Industry?

With the fast changing technology, the POS sector is faced with the constant need of software updates and integration problems. As if that were not enough, catching up with the needs of the new-age customers and maintaining the transaction flows without any problem asks for the business to be reliable and innovative. The existential problem of protecting tight data to cyber threats which are not only featureless but also exclusive to this field is well-known.

These problems arising from highly specialized areas like employee scheduling inefficiencies, culture of non-retention pose making a good HRMS software impossible to ignore. Bureaucratic red tape is further exacerbated by CPF and long service payment provisions that add to the industry burden.

How Can an HCM System Address These Challenges?

HCM solutions play a critical role in overcoming these problems by automating payroll tasks and allowing full compliance with rules such as CPF. The unification of functions like on-boarding and payroll in an HCM system is what in fact directly leads to the impact on the software updates that are not unmade due to mismatches.

Moreover, a tightly HCM system reshuffles workforce rostering as it involves and integrates smart applications thus overcoming the inefficiency obstacles. Additionally, HR systems that have integrated the performance appraisal feature make it possible for POS firms to create, develop and keep talented employees thus through cutting challenges bring about gains with strategic management.

What Are the Guidelines for a Successful HCM Implementation?

Implementation of a human capital management system is rightly based on clean formulation of organization objectives and on the real needs of human resource. The HRMS processes that correspond to the existing firm goals are further developed through active communication with stakeholders during the entire implementation process. Improvements, however, would only become effective after users would be nectarained to operate and optimize the HCM.

How Do Multiable’s Features Tackle POS Challenges?

Equipped with crucial features, Multiable aiM18 HCM is designed to specifically meet the needs of a POS:

• Rule-based Workflow Engine: Optimizes rostering and payroll processes by enhancing efficiency.

• ISO:27001 Certified Security: Ensures data security, protecting sensitive information.

• Intelligent Roster Planning: Facilitates compliance with work hour regulations.

• Unlimited Appraisal Forms: Supports diverse performance appraisals, aiding talent management.

• Powerful Payroll Engines: Executes complex payroll scenarios swiftly, easing compliance with local practices.

What’s Special About MPF and Compliance with the aiM18 HCM?

aiM18 HCM‘s e-MPF approval points to its excellent capability in simulating and managing MPF, and IRD compliant documents. This results in the smoothness and the absence of errors as firms in Singapore overcome the complexity of compliance processes without difficulties.

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.