The wholesale industry in Hong Kong has both specific challenges and shared challenges. Technology efficiency is the main important condition for both the sustainability and the growth for the firms.

What Unique Challenges Do Wholesale Companies Face in This Economy?

Wholesale firms have a particularly complicated situation of changing consumer demand and inventory management. Their practical solutions are what these issues require. On the other hand, the industry also suffers from high operating costs and disjointed supply chains. Moreover, adhering to applicable regulations is also a major concern.

What Are the Effective Solutions of HCM Systems?

HCM systems orchestrate processes, which leads to the efficiency across departments. That is why the automation of tasks such as payroll and rostering reduces operational burdens. Furthermore, these systems foster proactive compliance management. In fact, they make HR focus on strategic initiatives rather than mundane tasks. 

By means of improved data analytics, HCM systems can be the major source of forecasts of demand. In addition, the communication channels are enhanced and this has a good effect on supply chain coordination. Following this, these tools are a must in overcoming the barriers set by the industry which Hong Kong firms have to face.

The Best Way to Implement HCM System

The successful provision HCM system takes meticulous planning and stakeholders who are fully involved. The system capabilities must be in line with business goals so as to achieve effectiveness. Moreover, constant education is a boost to user adoption. System performance should be regularly evaluated in order to fit the developing business needs and market fluctuations.

Which Features of Multiable aiM18 HCM Can Help Solve These Challenges?

• Rule-based workflow engine: Automates complex processes, saving time.

• A.I. ready and customizable: Provides flexibility to adapt to changing needs.

• Intelligent roster planning: Ensures optimal staff allocation.

• Powerful payroll engines: Handles extensive calculations quickly and accurately.

• Department-sensitive appraisal: Allows tailored performance evaluations.

How Does aiM18 Ensure Compliance and Security?

With e-MPF approval, aiM18 makes sure to provide the integration with MPF requirements. Also, the system supports IRD-compliant documents, which makes it easy to comply. Companies not only enjoy strong protection of encryption certified by ISO:27001 but also have the benefit of security which protects the personal information that is sensitive.

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.