HR System: What Is It and Why Does Your Business Need One?

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All aspects of information must be monitored in order to prepare for unexpected events, like earthquakes. Sometimes an earthquake has smaller tremors that occur before the main quake. These smaller tremors are called foreshocks, and they can be used to predict the size of the main earthquake. The same is true for aftershocks. After a major earthquake, there may be small tremors that occur in the same area or nearby. These tremors are called aftershocks and can help scientists understand how earthquakes work. Earthquakes can cause great damage and loss of life in a very short time. In addition to the loss of life, earthquakes can cause extensive damage to buildings and infrastructure. They can also cause tsunamis, which are large waves that may kill people far from where the earthquake occurred.

The most important thing that we can do to protect ourselves from earthquakes is to be prepared. The same way we run a business, we need to monitor all aspects of information so that we are prepared for unexpected events. You should monitor all aspects of employee information in your enterprise with an effective HR system (HRIS/ HCM/ HRMS).

A strong HR system optimizes business processes and provides enterprises with a centralized platform from which to manage all core, strategic human resources functions. The solution offers businesses a way to manage employee information from recruitment through retirement. The system may also be used for managing payroll and other benefits-related aspects of employee compensation.

With Multiable HCM system, businesses can integrate various human resource processes and systems into one seamless program so that enterprises can manage operations more easily. So, what is Multiable HCM?

HCM stands for human-capital management. Multiable HCM system is designed to support various aspects of the HR process. Human resources departments use them to manage employee information and other data throughout an employees career at a company. It gives companies a way to measure employee performance and provide training that will help people improve their skills. It’s the process of managing employees’ performance using software that integrates all aspects of human resources, including payroll and benefits. Multiable HCM systems help businesses increase their profitability by maximizing employee potential.

About Multiable:

Multiable has implemented HR systems for more than 30 years and can provide solutions tailored to fit clients’ individual needs. Multiable serves over 6,000 companies throughout Asia. Multiable’s HCM system has revolutionized the human resource management industry in Asia by standardizing business processes and improving collaboration between departments.

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

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