When people talk about HR software in Singapore, they often use confusing terms — such as Human Resources Information System (HRIS), Human Capital Management system (HCM) and Human Resource Management System (HRMS). Each term has a distinct meaning, but they have something in common.

Every business in Singapore has unique challenges, and every effective HR system should address them. Here are some of the most common ones:

• Data Privacy and Security: When managing HR system, one of the most important concerns is ensuring employee data privacy and security. HR system contains a large amount of confidential and sensitive information, which must be protected. The key challenge in implementing HR system is how to create a system that gives each user the information needed for their role, without access to other employees’ private data.
• Regulations and Compliance: Companies must ensure that their HR system data access rules comply with governing laws. This is a particular challenge for companies with global reach, as regulations vary from country to country. The success of the system depends on each user being able to conduct transactions through it quickly and easily without violating confidentiality or breaking any laws.
• Business Disruption: In an era of constant disruptive innovation, companies sometimes struggle to keep up with the changes that come from constantly upgrading and streamlining HR system features. Just as important, selecting the right HR system for the company can become complicated. With so many options and features available in the market, it’s crucial to choose a system that best meets those goals of the company rather than being distracted by those strong but less useful components.

Human resource systems play a critical role in helping organizations achieve their goals. Multiable HCM system allows businesses to integrate their various human resource processes and systems into one seamless program. Tracking the progress of their workers and providing them with training that will help them improve are ways in which companies can evolve to meet new demands. Multiable HCM system gives companies the tools they need to help their employees succeed, helping them achieve business goals.

About Multiable:

Multiable project team has provided HCM solutions tailored to meet client’s requirements for over 30 years. Multiable HCM system, a fully integrated human resource management solution that standardizes business processes and improves coordination among departments, has revolutionized the Asian industry. The company has forged long-term relationships with more than 6,000 companies in Asia by leveraging its efficiency.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process.