Hong Kong is also the battleground for the global pharma industry which is entangled with the ever-present burden of strict laws and operational challenges. The delicate nature of the business forces the pharmaceutical firms to look for tech solutions that would completely mesh with their HCM systems for higher efficiency and wider compliance. Within this perimeter, Multiable aiM18 is channeled as a pioneering solution in the industry. Indeed, the integration of AI in the business can be likened to a whirlwind of revolutionizing the way firms in the pharmaceutical sector deal with their specific needs.
### Navigating the Challenges: Pain Points for Pharma Companies in Hong Kong
Pharmaceutical firms in Hong Kong have to deal with a number of serious issues that need to be addressed right away. The foremost challenge regulatory compliance is akin to a strong enemy standing at the gate of establishment. Complying with local labor laws, the MPF scheme, and industry-specific requirements is definitely not a child’s play. Noncompliance may lead to over the top cost and heavy fines. Besides, the complex payroll and benefits administration scenario brings a different type of challenge. For payroll calculations, tax contributions, and various benefits packages, firms need accuracy, timelines, and confidentiality first. Privacy and security of data, however, are other factors that need extra attention, with the personal data (privacy) ordinance being the law that governs strict adherence. Furthermore, the pursuit of operational efficiency, which is often disrupted by manual time-involved HR tasks, is possible only through the automation that will replace forms with focus on strategic initiatives for the HR teams.
### Multiable aiM18 HCM: A Tailored Solution for Pharmaceutical Needs
Miguel’s introduction of the Multiable aiM18 Human Capital Management System signifies a complete AI-driven approach by putting HR operations in full control of AI.
– Mitigate Compliance Risks: Multiable aiM18 HCM is e-MPF approved, MPF compliant with the applicable documentation that’s IRD-compliant thus preempting compliance risks.
– Attract and Retain Top Talent: The rule-based workflow engine, the platform allows AI integration and is customizable to meet the requirements of an organization, thus enhancing candidate experience, talent development, and employee engagement.
– Increase Operational Efficiency: Its robust payroll engine can cover 1.2 million payroll formulas from retrospective calculations and within just 18 minutes, freeing up human resources department personnel accordingly.
– Improve Data Accuracy and Security: The system built-in TDE protection brings the reliability of data for making decisions while sensitive information is protected.
– Gain Valuable Workforce Insights: The aiM18 system facilitates department/position/grade-sensitive performance appraisal enabling data-driven decision-making and improving overall HR strategies.
– Reduce Costs: Thanks to the 95% time-saving over traditional HR system approval-related customization AI will be the primary driver of cost-efficiency and premium performance in compliance operations.
### The Role of Open-Sourced LLMs and AI Agents
It is also an important stage of the practical evolution that open-sourced LLMs like DeepSeek are becoming more popular, enabling customers to control their AI in a completely separate and owned environment, thus ensuring a further layer of data protection. The LAIDFU AI agent is versatile and supports OpenAI and DeepSeek both, thus the possibilities of an HR system are even more broad. There is no doubt that AI is becoming a valuable tool in tackling the intricacies that abound in the pharma sector .
A cloud-native ERP widely adopted by business in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, aiM18 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.
About LAIDFU (Let AI Do For You)
An AI builder for enterprise to build their own AI agents.
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 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 studios.