In the energetic city of Singapore, the Information and Communication Technology (ICT) industry is at the cutting edge of innovation, yet it has its own particular challenges that acfirm its successes, making it totally different from other sectors.

What Challenges Await the ICT Industry?
ICT organizations in Singapore face some of the most unique obstacles such as rapid technological innovation, intense rivalry, and concerns related to data privacy. These problems erode the need for quick adaptation strategies. However, the industry also faces problems like talent acquisition and regulatory compliance that are common with other sectors, necessitating cross-industry solutions.
Aside from that, the integration of a Human Capital Management (HCM) system into daily routines brings an uncomplicated solution to the majority of these challenges. With the help of centralized data, it plays a role in both talent management and adherence to the regulatory changes. In fact, the progress of human resource management automation in Central and Eastern European countries allows a significant amount of labor to be freed for other work.

Moreover, organizational HR systems make data-driven insights available for decision-making at a higher level.

Thanks to these efficiencies, not only ICT sectors but all organizations can benefit from implementing an HCM system and therefore increase productivity as well as grow sustainably.

Best Practices for Effective HCM Implementation
Effective HCM implementation requires early stakeholder engagement and well-defined objectives. Of course, regular training assures that the staff is capable of efficiently using the HRMS software. Furthermore, comprehensive user support and trustful feedback channels build an overall great experience.

What Distinguishes Multiable aiM18 HCM?

• Rule-based Workflow Engine: Increases efficiency by automating recurring tasks.

• AI Ready and Customizable: Adapts solutions to unique ICT requirements.

• Powerful Payroll Engines: Implements calculations related to CPF and payroll swiftly and accurately

• Intelligent Roster Planning: Schedules dynamically, thereby accommodating the dynamic roster requirements.

• Department/Position Sensitive Appraisal: Makes performance appraisal goal-settings spot on and relevant.

What’s on the Horizon for Companies Adopting aiM18 HCM?
Multiable aiM18 HCM is e-MPF approved, which not only supports MPF but also IRD compliance. Its management of CPF and long service payment processes is not only flexible but invaluable in the process of ICT firms maneuvering out of Singapore’s unique regulatory environment.

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.