The electrical appliances industry in Singapore is currently experiencing unique challenges as it goes through the process of adjusting to market dynamics and regulatory changes. On top of this, it also needs to tackle problems that are quite common to other industries.

Are The Challenges That Unique In The Electrical Appliances Industry Of Singapore?
The electrical appliances sector is in a dilemma because of both constant innovation in technology and the fierce competition that comes with it. These are, of course, vital problems that are unlikely to be faced by any other sector. The energy efficiency standards also develop continuously, so many firms are confronted with problems. The problems that are frequented in the whole industry like economic uncertainty and the supply chain disruptions should not be ignored as they impact heavily this one too.

What Role HCM Systems Play in Addressing Industry Challenges?
HCM systems are an asset in dealing with both atypical and widespread industry challenges. With the elevated operations they allow, they meet the requirements for the good adaptation in a shorter amount of time to fast changing surroundings. Implementation of ‘smart rostering’ and ‘compliance’ features guarantees that the individual firm stays in step with regulations, like the ones that are changing, therefore driving away likely risks.

, HCM systems eliminate repetitive payroll and performance appraisal processes, thereby contributing to the reduction of the administrative burden to a very large extent. Furthermore, by making the most of human resources, firms can concentrate more on the innovation. In fact, the HCM solutions lay a very logical foundation for organizations with the ability to solve these difficult predicaments.

Strategies for Successful HCM Deployment
To actually get the most out of HCMs proper planning is the key. Be sure to prioritise the components that correspond with your firm’s exact needs. Think about offering adequate training to employees to achieve the goal of easy integration. So, as it is completely needless to say, consistent security and attention are the main elements that are required to protect the sensitive information of the employees.

Why Choose Multiable aiM18 for Your HCM Needs?

• Rule-based Workflow Engine: Works as an Automatic process for a high efficiency rate.

• ISO:27001 Certified: Protects critical data, thus reducing risks.

• Intelligent Roster Planning: Improves workforce management and ensures compliance.

• Tailored Labor Law Compliance Interface: Helps firms follow Singapore-specific regulations.

• Department/Position Sensitive Appraisal: Allows customizing performance appraisal, thus increasing accuracy.

How aiM18 HCM Aligns with CPF and e-MPF Requirements
Multiable’s aiM18 HCM software demonstrates CPF and IRD-compliant documents, therefore facilitating the overall transaction activities and meeting the lawful necessities actively. Since the approval of e-MPF, this system simplifies the tasks related to long-term service payments while providing the customers of Singapore HRMS with a more reliable platform for operations.

Incorporating an HCM Solution, A Future-Proof Strategy

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.