From bustling business metropolises like Hong Kong and Taipei to picturesque travel destinations like Okinawa and Turkey, every enterprise across the globe shares a common need: an efficient Human Resources (HR) system. After all, no matter the business domain or location, people are the cornerstone of any organization and managing this invaluable resource is an enterprise unto itself.

The HR Challenge

In business, the ‘people’ equation is complex. We are talking about sourcing the right talent, onboarding them, managing their performance, maintaining compliances, handling leaves and appraisals, and so much more. Further, there’s the challenge of managing a resource that inherently cannot be ‘managed’ in the traditional sense because human beings, unlike machines or processes, possess emotions, ambitions, capabilities, and attitudes that vary significantly.

These challenges are further amplified in today’s diverse and inclusive work environments. For example, consider a business with operations extending from the skyscrapers of Hong Kong to the gorgeous beaches of Okinawa, the technology hubs in Taipei, or the cultural richness of Turkey. Managing an HR function that spans such geographical, cultural, legal, and historical diversity is undoubtedly an uphill task.

The Power of an HR System

This is where an efficient HR system comes in. By automating and streamlining numerous HR functions, these systems help businesses tackle HR challenges head-on. Here’s how:

• Improved Efficiency: HR systems automate routine tasks such as attendance tracking, leave applications, onboarding, payroll processing, thus saving significant time and reducing scope for error.
• Better Compliance: These systems understand the compliances and legal requirements of different regions, like Hong Kong, Okinawa, Taipei, or Turkey and help you stay compliant always.
• Employee Self-service: HR systems empower your employees to manage their personal details, apply for leaves, claim expenses, check policy documents, thus fostering higher employee engagement.
• Data-Driven Decisions: With integrated analytics, HR systems provide real-time insights into HR statistics, helping businesses make strategic decisions.

Choosing the Right HR System

Here’s what to look for to ensure you make the right choice with your HR system:

• Customization: Every business is unique, and so is its HR requirement. Choose a system that offers customization to align with your business needs.
• Scalability: As your business expands, your HR needs will grow too. Ensure that the HR system is scalable and can adapt to growing employee numbers and changing needs.
• User-Friendly Interface: The system should be intuitive and easy to use. This encourages employees to use it regularly, leading to its success.
• Customer Support: Prompt customer support is essential for resolving queries and technical issues that might come up.

In summary, HR systems are an indispensable tool for managing your most valuable resource — your people. They are as necessary for a successful business in Hong Kong as they are in Okinawa, Taipei, or Turkey. So go on, embrace the power of an efficient HR system, and ensure a smoother, more productive, and more satisfying work environment for your employees. Remember, a happy workforce is a productive workforce!

About Multiable

At the heart of Multiable’s ethos lies an in-depth understanding of the intricate nature of workforce management, particularly the distinct challenges common in Asia-based businesses. To tackle these multifaceted issues, we offer the complete Multiable Human Capital Management (HCM) system. Our platform has been meticulously designed to enhance and simplify numerous HR processes and offers a wide range of workforce management solutions. These range from talent acquisition and onboarding, to managing attendance, performance evaluations, and overseeing payroll. By automating crucial HR tasks, our innovative HCM system boosts efficiency, minimizes manual labor, and promises accuracy and higher productivity.

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