Challenges Faced by Singapore’s Renewable Energy Sector

Challenges on the renewable energy sector in Singapore are distinct and are characterized by the cost of land, the renewable intermittence problem, and the low number of skilled professionals. Moreover, the global pandemic and supply chain disruptions that the sector is facing are regulatory compliance and other challenges shared with other industries, thus making it a must for them to innovate and adapt to the new normal.

How Can an HCM System Solve Industry Challenges?

Human Capital Management (HCM) systems can simplify and mechanize human resources, as well as alleviate the problems with staff scarcity by optimizing resource deployments. Moreover, they assure regulatory compliance through efficient data handling and can minimize supply chain disruptions with the help of interdepartmental real-time data sharing that eventually results in better productivity and decision-making.

Additionally, Singapore’s renewable energy firms can implement HCM systems to address exorbitant land costs by workforce efficiency maximization. The systems can optimize the work of HR departments by implementing different operations such as payroll, rostering, etc., and they do it swiftly and accurately, taking into consideration the industry’s specific demands.

What Are the Guidelines for Successful HCM Implementation?

For the effective application of HCM systems, firms should give priority to educating their workforce on the proper use of the system and also to the connecting of the system to the existing software already being used. Configuring the system to answer the unique requirements of the firm and investment in ongoing technical assistance are essential tasks to ensure the systems work are optimal and user satisfaction.

Why is Multiable aiM18 HCM the Perfect Choice?

• Rule-based Workflow Engine: Resolves complex HR tasks avoiding time loss and costs caused by mistakes.

• AI-Ready and Customizable: Adjusts to the specific needs of a firm, which boosts the overall effectiveness of the operation.

• Intelligent Roster Planning: Local labor law compliance is ensured and workforce utilization is optimized through this functionality.

• Powerful Payroll Engines: Quick, promise impeccable payroll processing through, and help to reduce operational costs.

• Unlimited Appraisal Forms: Aids in thoroughly assessing employee performance, which is the foundation of a culture of constant improvement.

How Does aiM18 HCM Support Regulatory Compliance Like e-MPF?

aiM18 HCM is a system that complies with e-MPF, which means that the processing of MPF and IRD documents is precise and as per the regulation. This function serves the firms in the fulfillment of local regulations undertaking thus cutting compliance risks and by this, improving financial accuracy in organizations.

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.