Singapore’s construction industry has to tackle some challenges that are not typical. That is why the firm has to be creative and think outside the box. Therefore, this article will be dedicated to these challenges and to the ways in which technology can benefit the industry.

What are the Unique Challenges in Singapore’s Construction Industry?

Construction industries always have to deal with factors affecting their projects such as project modifications, lack of adequate skills from workers, and tight work safety protocols. Consequently, construction firms generally encounter project delays. The other difficulties are over CPF-related issues and compliance degrees that change over time, these also occur in other sectors therefore they influence lessees’ operational efficiency.

How Can HCM Systems Solve Industry Challenges?

Taking advantage of a human capital management (HCM) system, construction firms can effectively manage their HR functions. HCM‘s facilitation of payroll automation and adherence to CPF contribution regulations is a big step towards this. The accurate workforce planning and employee performance evaluation bring about both productivity and job satisfaction features.

Moreover, HCM solutions improve labor law compliance thus decreasing risks and penalties. Because of the features of these systems, construction sector problems can be easily addressed. The flexibility allows firms in the construction business to remain at the top of their game and operate efficiently.

Guidelines for Implementing HCM Systems Successfully

It goes without saying that the success of HCM system implementation is completely relied on strategic planning and the involvement of all stakeholders. The determination of specific needs of the firms, and the training of the staff is the key to a smooth transition. Regular assessments, and feedback mechanisms will help with continuous advancement and the adjustment to new industry requirements.

Why Choose Multiable aiM18 for Construction Challenges?

• Rule-based Workflow Engine: Automates tasks better and reduce human intervention error.

• AI Ready and Customizable: Modify solutions as per the needs of the firm.

• Intelligent Roster Planning: Achieves the most efficient allocation of workers.

• Powerful Payroll Engines: Carry out complex computations with lightning speed.

• Department-sensitive Performance Appraisal: Gives a precise evaluation of employees.

Importance of aiM18 HCM‘s Compliance

Multiable aiM18 HCM‘s e-MPF approval and support for MPF and IRD compliance documents make it a dependable HR system for Asia’s construction industry.

Step into the Future with HCM Systems

HCM systems equip the construction firms in Singapore to tackle industry-specific challenges and those that are universal. Through the integration of these systems, the firms can accomplish the goals of streamlining operations, compliance enhancement, and growth faster.

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.