Singapore’s entrepot trade sector, with its distinct challenges, is now amidst dealing with hardly manageable yet inevitable issues related to its operations. One of the solutions is that firms, like the aiM18 by Multiable, implementing the right HCM, that takes care of their staff and technology related it infrastructure, that the firms can turn to.

What are the Unique Challenges in Entrepot Trade?

In the forefront of the problems faced is that the esoteric entrepot trade industry comprehends challenges unexampled. Dealing with the complex of international laws and providing a smooth data entry and exit are the primary features that are hit by the complications of this sector. In addition, instant real-time communication is a demand that requires a lot of efforts in operations.

These problems are not just for trade. Shorting down to the surface, it is the issue of the workforce persistently staying with the firm and the slow pace of digital transition that leave the blame indicating towards the same thing. Consequently, the absolute necessity comes with applying concise approaches to foster effective operability resilience across all sectors.

How Can an HCM System Solve These Problems?

With a progressive HCM system that includes them, firms would get solutions that are tailor-made. The digitization tools come in useful for the businesses to cope with regulatory and communication bottlenecks. In addition to that, they also incorporate the retention of staff by the presentation of simple adjustments to the changing demands along with the starting of the digital transformation process in all sectors of the economy.

In fact, the smart solutions of the developed I.T. systems would help in adapting specifically to Singapore’s entrepot regulations, thus improving productivity and decreasing the number of both uncommon and common issues. A fine-tuned human resource system is a means of unlocking potential, as it entails the implementation of what is best-wrapped-up human resource management system (HRMS). This, in turn, presents the firms in the ever-changing economic environment of today with all possible benefits.

Guidelines for Successful HCM Implementation

In the adoption of HCM strategies, firms are to lay their finger on the core areas which in the first place should be taken care of. The fitting of solutions to the general business architecture requires a well thought-out exercise. The combining of the involvement of the stakeholders and the operations alignment is what will ensure a smooth integration. The constant process control by evaluation and recalibrating is a measure that guarantees a constant win and an efficiency that is overall boosted.

Why Choose Multiable’s aiM18 HCM System?

• Rule-based Workflow Engine: Ensures process automation is streamlined and rapid, which is key for sticking to regulatory compliance.

• A.I. Ready: Is a major enabler of business leveragibility by driving increased decision-making.

• Intelligent Roster Planning: Maximize the efficient use of workforce through planning that is industrycentric.

• Powerful Payroll Engines: Promises to deliver payroll on time and accurately cutting through different formulas, which plays a vital role in sectors where the calculation of salaries is of utmost importance on the employees’ side.

• Department/Position Sensitive Appraisal: Enhancing the managers’ decision-making by the explicit payroll method.

MPF and CPF Compliance? What about these?

With the aiM18 HCM system one can easily comply with Singapore’s rules. The system manages issues from CPF contributions to e-MPF compatibility that ensures the operation is compliant, hence streamlining the process, and making it easy for businesses to align with the local legislative nonetheless.

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.