HCM Solutions for Food & Beverage Industry Challenges in Singapore

The F&B industry in Singapore is a lively and competitive place showcasing exceptional headwinds. In addition to the sector’s particular issues, the firm is also faced with challenges that are identical in other sectors. The journey of the enterprises towards process optimization and efficiency enrichment is making the implementation of a powerful Human Capital Management (HCM) system not only profitable but indispensable.

F&B Unique Challenges

SINGAPORE’S F&B sector distinctly carries features that make them not like other sectors. For instance, a firm having a high turnover still represents the biggest challenge as it affects the firm’s workforce stability. The challenge to bring together employee rosters and operational efficiency turns the peak hours into very complex periods. Besides, due to the fact that it is a service-centered industry often but not always the staff needs the performance appraisal system of a meticulous nature that are not easy to find elsewhere.

On the other hand, the industry has similar challenges with other sectors like the straightforward pressure of complying with ongoing changing regulations. The need for defect-free payroll management and competitive salaries is predominant among all industries, and in turn, it is exacerbated by some requirements like CPF that are specific to Singapore, thus. These intersecting issues necessitate the application of unique solutions that address the specificity of the sector in question as well as the ones that are commonly across the board.

HCM Systems in the F&B Sector

HCM systems are the main solution for a great number of problems that the Singapore F&B sector hast to tackle. The employee turnover at times can have an upside so it is crucial for firms to ensure the processes of onsite and off-site employee management are running smoothly in order to achieve a better retention rate. As one would expect, a HR system which implements the employee long service payment by loyalty tracking the employee engagement levels will ensure that the firm improves the workforce planning.

Payroll processing as one of the key areas is another point where the HCM system can really transform the operations. The HCM systems like HRMS have the capability to accommodate complex payroll calculations such as past adjustments and CPF compliance, thus, it helps to minimize the administrative load of enterprises. Simplifying these processes becomes possible with the result that it the firm will have enough time for efforts on strategic growth.

Moreover, the artificial intelligence-based HCM solutions provide outstandingly smart schedules for the employees ensuring that the staff planning to its full capacity. Through the automation and streamline of daily routines, businesses can dramatically boost their performance and decrease inefficiencies. Mix these unique systems already that provide the feature of workforce management and an effective and motivating environment can be developed. XD

Gooseberry’s roadmap to Successful HCM Implementation

In order to reach the beneficial and effective implementation of an HCM solution in the organization, there are several paths to go through which should be the main focus. First, the HCM system should be aligned with business objectives to make it support the firm’s goals. Besides, training sessions and employee support should be a guarantee for the staff to get a real command of the HRMS software. Furthermore, a scalable product that will grow with the organization is a good path to take in the long run.

Critical Functions of Multiable aiM18 HCM System

Multiable aiM18 has its specific functions tailored  to the most of the F&B indutsry optionally to:

• Intelligent Roster Planning: Automates employee scheduling, reducing mistakes and improving efficiency.

• Powerful Payroll Engines: Efficiently automates payroll processes and ensure compliance with the CPF of Singapore and thus reduces the administrative workload.

• Unlimited Appraisal Forms: The platform allows for flexible and unitary appraisal systems that serve a customer-oriented industry just well.

• Rule-Based Workflow Engine: The feature allows for the creation of customized workflows to boost productivity and increase employee satisfaction.
  – Interface for Tailored Labour Law Compliance: It keeps the businesses compliant in local regulations thus avoiding potential lawsuit risks. 

Proof of endorsement and validation within Multiable HCM system

Multiable HCM system can be added to the top list of its features having the IRAS approval, which counts as the software of the top-grade category under the ‘Category of Software Compliance to Controls’ for the Auto-Inclusion Scheme (AIS) for Employment Income. This endorsement attests to the reliability of the income management and payroll tasks respectively, due to its completeness, and effectiveness, within the HR service.

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.