The ICT sector in Singapore is going through an extraordinary trial phase which is altering the way businesses are conducting their operations. Thus, applying a strong HCM system can be the solution to these problems, it helps firms to be competitive and flexible in this quickly changing field.

What Challenges Does the ICT Industry Face Today?

ICT firms in Singapore are facing particular obstacles such as fast technological progress, lack of staff acquisition, and concerns regarding cybersecurity. Because of these difficulties, it becomes imperative to harden the defenses. Moreover, the spread of common problems such as the need for a diverse workforce and adherence to regulations is evident, besides the technical ones, thus compounding the challenges further.

Overcoming these adversities musters up creativity that is grounded in the thought that human resources must be handled strategically. Feature-rich HRMS can obliterate concerns on incompatible skills, make computations better, and adhere to the local labor law, thus allowing a smoother flow in the operations.

How Can HCM Systems Solve These Challenges?

It goes without saying that HCM systems are immensely beneficial. They utilize the power of data to amplify efficiency in staff planning and personnel management. It is the automation of monotonous HR activities that results in resources being liberated, enabling the firm to concentrate on implementing strategies which ultimately augments the performance of the business.

Genuinely speaking Oracle Cloud Human Capital Management (HCM) provides Artificial Intelligence; it helps organizations be a step ahead in the development of the labor force, and plan the operations accordingly. This process guarantees adaptability, and creates a lively workplace making service payments and rosters efficient, in conclusion, to turnover of workers in Singapore’s very competitive labor market.

The route to the successful HCM implementation

The effective implementation of HCM is based on the comprehension of the needs of the organization, acknowledging the provider of power, and the sustenance of training as an ongoing activity. Timely system updates and the continual operation of the feedback loops are crucial in maintaining the alignment of the business goals, thus, ensuring adaptation and long-term success.

What Features Make Multiable HCM Stand Out?

• Rule-Based Workflow Engine: The tool helps eliminate once and for all the repetitive work and makes HR processes more streamlined and instantaneous.

• ISO:27001 Certified Security: The application ensures privacy of the data shared and protects the organizational processes by using appropriate security controls.

• Intelligent Roster Planning: Smart scheduling is an efficient way to attain local compliance and besides that, saves scheduling time.

• Customizable Payroll Formula: In fact, it cuts customization time by 90% for payroll-related issues.

• Unlimited Appraisal Forms: This feature allows the flexible use of performance appraisals, hence diversifying the needs of the workforce.

What is the Significance of e-MPF Approval to aiM18 HCM?

Multiable aiM18 HCM‘s e-MPF approval involved meeting the CPF requirements as mandated by Singapore’s law. Therefore, organizations can now manage the MPF-related tasks they have with confidence since IRD-compliant documents are generated, plus, the operations are all streamlined making it easier to attain financial accuracy within the firm.

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.