Delving into the import and export sector in Singapore is filled with challenges that are distinctly different from one another and at times, require special solutions to weather the storms successfully. For firms that want to stand out in the fierce competition and overcome sectoral hurdles, the adoption of digital tools such as HCM systems is a necessity.

What Are The Specific Challenges Importers and Exporters Encounter?

The Singapore import and export sector is characterized by stringent regulations and changing tariffs that create a unique set of predicaments. Complex international trade agreements make the operations more difficult. These specific problems of theirs are in addition to rising cybersecurity concerns, labor shortages, and other issues common to various sectors.

Actually, handling divergent workforce management needs and being in line with local rules is a dubiety for firms. This is only possible with sophisticated equipment for the functions of roster making, payroll management, and long service payments. The industries face common challenges, but the solutions for imports and exports need to be different as they are not the same.

How HCM Systems Can Be Solution For The Problems?

The HCM systems help the users by unifying payroll and CPF operations to cut down on the time wastage and also to eliminate errors and compliance risks. These programs are designed to manage difficult rosters efficiently which means fewer errors and higher productivity. Handing your sensitive data over to trustworthy members is one way to create trust and secure the information of the firm.

Moreover, superior HR systems strengthen the practices of performance evaluation, which are in line with the departmental needs and foster transparency. HRMS software in Singapore makes sure long service payments are calculated accurately and that the rules are followed, thus, employee retention and satisfaction are increased.

Blueprints for HCM Implementation

Its needless to say that the effective implementation needs a proper strategy. The starting point for firms should be to determine the certain needs of their HRIS or HRMS framework. The involvement of various stakeholders during the implementation period guarantees that technological solutions are aligned with the firm’s goal, thus, making the absolute transition a smooth one.

What is Multiable aiM18 HCM System a Game Changer?

• Rule-based Workflow Engine: Automates processes, reducing manual errors.

• AI Ready and Customizable: Adapts to unique industry demands and ensures scalability.

• Powerful Payroll Engines: Efficiently executes complex calculations and retrospective adjustments.

• Intelligent Roster Planning: Streamlines staffing needs, improving productivity.

• Flexible Performance Appraisal: Tailors evaluations to specific department criteria for precise assessments.

Easy Compliance with e-MPF Approval

Multiable aiM18 HCM is e-MPF approved, supporting MPF and IRD documents. It helps the import and export firms within the Singapore market remain compliant by following the local rules thus, providing firms with the advantage of peace of mind.

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.