S’pore machines sector actors engage in intricate contexts, each with distinct challenges and advantages. Throughout the period these firms are in whether they manage to stay competitive and efficient or not, the novel human resources solutions like HCM systems are, in fact, the ones that could be seen as the main tools available to them to deal with the problems concerning workforce management.

Why Are the Machinery Industry Problems Uncommon?

Machinery firms in Singapore have to deal with certain difficulties like the supply chain constraints, aging workforce, and other factors related to high technology adaptation. Labor-intensive processes involve specific skills that are, unfortunately, not available but that must be provided, and the compliance with industry-specific rules remains a problem of ever pressing concern.

On the other hand, firms in the machinery field are also wrestling with certain issues of general nature like the one of talent retention, rising operational costs, and the challenge of hybrid working models. The commonness of these problems entails the necessity of the use of innovative methods and actions without which no tangible results can be achieved.

In What Ways Can HCM Systems Help Deal with These Issues?

The latest HCM solutions have become the dominant means of dealing with the workforce ordeal. Automated processes contribute to diminishing the issue of talent scarcity by accelerating the recruitment and onboarding tasks. Additionally, compliance management that operates as a kind of operator takes away some of the firm’s worries, thus the firm remains on track with local labor laws and the industry standards.

Besides, data analytics functionalities are also thickly populated within HCM systems, which are the tools for labor needs forecasting. They directly deal with the topic of solving the worker shortage issue. The point is that organizations can make use of retention increases on the basis of the personalization of employee experiences that come from insights; which lead to the enhancement of job satisfaction and the decrease of turnover rates. 

What Are the Rules for Effective HCM Implementation?

Namely, a proactive approach to HCM implementation involves both strategic planning and interest groups’ involvement. Companies should define the clear objectives, endow with the necessary resources, and attain smooth processes of change management. Because of these strategies, businesses can leverage their HR systems to their fullest capacity, thus, running them in an efficient way and at the same time.

 What Special Features Multiable aiM18 HCM Has?

• Rule-based Workflow Engine: Automates tasks and reduces human error, which leads to improved operational efficiency.

• A.I. Ready: It is crucial for labor shortages and skills gaps management as it is based on data.

• Intelligent Roster Planning: It improves rostering efficiency and thus the distribution of the workforce is optimized.

• Customizable Payroll Formula: This is useful for an accurate payroll management system and staying compliant with CPF regulations.

• Unlimited Appraisal Forms: The advanced performance appraisal process promotes the development of employees and their engagement at work.

What Means aiM18 HCM Uses to Stick to Financial Regulations?

aiM18 HCM has been recognized with the e-MPF which implies that it supports the preparation of MPF and IRD compliant documents – an all-in-one solution for Singapore’s legal framework integration. Therefore, businesses can easily rely on this HRMS as a tool to preserve financial integrity while running their operations.

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.