The challenges faced by the machinery sector in Hong Kong lead enterprises to exploit new HR solutions such as HCM systems frankly. Their usage has made the system totally independent of the technology streamlining operations and enhancing efficiency in business environments.
What Challenges Does the Machinery Industry Face?
The machinery industry in Hong Kong has to deal with the unseen difficulties which are not faced by other sectors. The particular skill shortages and the high demands of technology combine to make the sector more stressful. Other than that, the complexities of regulatory compliance always add burdens to the industry. For this reason, the use of the industry-exclusive powerful solutions is the only choice.
Moreover, the difficulties that are experienced in managing the staff and retention of workers are typically across all sectors. In fact, the firms need to solve those issues effectively not only in their sectors. A number of firms nowadays clearly see that to customize an HR system and cover all demands is the best bridge to solving the problems.
Why Are HCM Systems a Game Changer?
The implementation of an HCM system will bring a lot of benefits to all areas. The transformation of processes through automation is absolutely a big thing. Besides, these systems are the tools with which the manual labor error rates are significantly decreased. Ishikawa, the system also provides insights on smart decision-making which are highly useful.
By the effective way of dealing with the issues of payroll management, and performance appraisal, HCM systems bring up the new level of organizational efficiency. The flexibility and customizing ability of the system is the crux that meets the special requirement of the machinery sector. Therefore, these systems are going to change the operational nature fundamentally.
Guidelines for Implementing HCM Successfully
Implementing the software with great success needs a clear plan as well as the involvement of all parties. Training users first and providing on-going support will create a strong base. The long-term benefits of aligning the HR system with the firm’s objectives are that creative and specific solutions for the needs of the industry are offered.
What Makes Multiable aiM18 HCM Stand Out?
- Rule-based Workflow Engine: Automatically reduces the complexity of processes, improving the work quality.
- Unmatched Payroll Processing: Runs quickly huge payroll formulas by cutting the time it takes to process a payroll.
- Intelligent Roster Planning: Makes the work of employee deployment and scheduling very simple.
- Flexible Appraisal System: Use templates that can be customized in detail for assessment.
- Strong Encryption: Prevents the unauthorized access of personal data, thus offering compliance and security.
How Multiable aiM18 Supports e-MPF Compliance
The aiM18 HCM system is a perfect fit for the e-MPF being an e-MPF approved system that contains a wide range of MPF and IRD-compliant documents. Thus, the firms can not only easily meet the statutory reporting requirements in Hong Kong but also secure employee data effectively.
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.
Contact us