Overcoming the Healthcare Sector’s Very Own Struggles in Singapore

Singapore’s healthcare sector shines as an epitome of excellence and is a reference point with its awesome quality of care and high-tech equipment. Nevertheless, it is not free of peculiar challenges, many of which are far less rampant in other industries. For instance, one of the principal issues stems from the constant need for strict compliance with the new and changing healthcare regulations. This condition makes it a necessity for medical practitioners to be on the lookout for new policies that take effect frequently, which in turn, adds to their already big workload. Plus, the fact that patient data is a highly sensitive subject requires much more data protection measures which in turn increase the issues of cybersecurity than any other sector.

Despite these distinct challenges, there are some common hurdles that they also share with other sectors. First and foremost, the need for technological adaptability is continuously growing as organizations are required to use state-of-the-art technologies such as AI in an effort to increase productivity. Furthermore, reaching operational efficiency is a global issue as firms tend to do more with less in a bid to ensure that resources are correctly allocated.

Advantages of HCM System in Healthcare

And this is where the Human Capital Management (HCM) system comes in, which is a state-of-the-art tool geared up to improve the healthcare sector in Singapore.

Since it is able to counter issues related to both the specific sector and the general one, HCM systems have become necessary. To begin with, an HCM system’s integration adds on to the reduction of compliance intricacies through a rule-based workflow engine, thereby ensuring that the HR processes are always compliant with regulatory demands.

Moreover, these HCM systems have strengthened data security in the ISO:27001 certification, thus, the protection of patient and employee data is guaranteed by means of high-end encryption. This is key in ensuring trust and authenticity, considering the sensitive nature of healthcare data. Furthermore, with the improvement in the efficiency of recruitment and workforce planning, HCM systems not only free HR departments but also allow them to pursue the strategic planning and not only the administrative tasks.

Having preparedness for AI, these systems are implemented in a smart way which, in turn, allows healthcare personnel to efficiently organize schedules and guarantee conformance to local labor laws. The flexibility of HCM systems also ensures that AI is integrated easily and thus a specific approach to daily HR problems is offered which is applicable in Singapore’s healthcare industry.

Guidelines for Successful HCM Implementation

Undoubtedly, the implementation of the HCM system successfully is all about the presence of a mindful consideration and the essence of strategic planning. The top priority should be given to the selection of a suitable HCM software that speaks to the specific organizational requirements of the firms. The engagement of the stakeholders at the earliest stage of the decision-making process would assure that the system is addressing the firm’s long term outlook and aims.

Secondly, it is important to prioritize training and support to maximize user competence and system utility. By means of training programs that are intense, the employees are made aware of all of the options that the system has to offer.

Lastly, the regular system assessment will help to identify the weak points and the features that need to be enhanced and thus the system will develop along with the organizational demands.

Core Features of Multiable aiM18 HCM System

Multiable aiM18 HCM system has some features that are unique and very advantageous to the healthcare sector:

1. Rule-based Workflow Engine: Guarantees that all of the rules in the healthcare are followed correctly even when the rules are changing constantly.
2. AI Ready: Engage unencumbered advanced AI technologies for cost-saving and efficient HR processes.
3. ISO:27001 Certification: Super secure with strong encryption standards personal and patient information protection.
4. Intelligent Roster Planning: Manages workforce scheduling optimally, accommodating staffing issues and meeting mandatory local compliance.
5. Unlimited Dimensions of Headcount: In-depth staff analysis helps to deal with the seasonal healthcare demand pattern.

Endorsement by IRAS: A Marker of Excellence

It is clear that the approval and endorsement of the Singapore Inland Revenue Authority (IRAS) along with Multiable HCM as top-grade HRMS software reflects the high position of Multiable. It is listed under the ‘Category of Software Compliance to Controls’ for the Auto-Inclusion Scheme (AIS) of Employment Income, thus, fortifying its position as a leading payroll compliance and HR management provider.

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.