Oracle’s PeopleSoft applications were designed to address the most complex business requirements of larger, more detailed businesses. They provide comprehensive business and industry solutions, which enable organizations to increase productivity, accelerate business performance, and provide a more affordable cost of ownership.
PeopleSoft was acquired by Oracle in 2005, who rebranded the product as Oracle PeopleSoft Enterprise and, as with other application acquisitions, Oracle continues to support and advance the PeopleSoft Enterprise.
Oracle’s PeopleSoft HCM is a complete suite including Global Core Human Capital Management, Workforce Management, Workforce Service Delivery, and Talent Management.
Some of PeopleSoft’s key features include:
PeopleSoft Human Capital Management enables you to create a global collection of HR data and improved business procedures. It delivers an impressive collection of human resource functions that enable you to increase your productivity, streamline business performance and lower cost of ownership.
PeopleSoft’s Financial Management utilizes best known management practices to achieve impressive financial processes, meet financial and legal requirements, and efficiently deliver a greater view into crucial financial information.
The Supplier Relationship Management suite is an integrated application that significantly cuts management costs. It also reduces the spending on goods and services, streamlines procure-to-pay processes, and drives policy compliance.
These applications enable project-centric organizations and departments to establish core operational processes that support full project lifecycle management planning and staffing through execution, cost control and analysis.
Enterprise Services Automation applications also provide a single, accurate view of all project related activities so you can choose and prioritize the right projects, assign the proper resources, streamline the process and track profitability through accurate budgeting, forecasting and billings/chargebacks.
PeopleSoft’s SCM provides a united but flexible solution for the synchronized supply chain. This drives the cost savings efficiencies over your entire supply chain including your plan-to-produce and order-to-cash business processes.
Providing a comprehensive development toolset that supports development and runtime of applications. Through the use of the delivered, robust, middleware options and the PeopleSoft Integration Broker, PeopleSoft People Tools is able to support the Service Orientated Architecture (SOA), the new development standard.
PeopleSoft offers you excellent practices that are specific to your industry, with one of the most flexible customer data models on the market, and a highly configurable, closely integrated platform, which ensures that problems will be solved quickly.
PeopleSoft comes packed with customizable, configurable solutions for all areas of a business, while providing all of this in a very user friendly manner that is clear and easy to understand an implement.
Oracle offers the usual variety of ways to contact their customer support, which I have found to be very helpful and efficient.
PeopleSoft offers Integration Broker (IB) as an open, standards based technology used to integrate with PeopleSoft Applications. Integration Broker in a successful integration platform that delivers high performance standards-based integration. It is designed to manage integration between PeopleSoft applications and other PeopleSoft, legacy, packaged and SOA enabled applications.
Even though PeopleSoft is jam-packed with a wealth of options and abilities, one of the things I had a problem with is that, when you are first starting out, it takes some time to really learn everything and get up to speed.
This is to be expected with such a powerful application, however, that doesn’t make it any easier to deal with. Although, it is a small problem when you take into consideration all the possibilities that PeopleSoft has to offer.
PeopleSoft is a very powerful HCM application that is best fit for a larger business with a more intricate workflow process. However, never believing in too much of a good thing, I also found benefits for even small companies to be able to take advantage of.
Even though it may cost a bit more than other options on the market PeopleSoft is still definitely worth looking into, especially when you consider you have Oracle behind it.
Oracle’s PeopleSoft applications are designed to address the most complex business requirements. They provide comprehensive business and industry solutions, enabling organisations to increase productivity, accelerate business performance and provide a lower cost of ownership.
Human Capital Management, Financial Management, Supplier Relationship Management, Enterprise Services Automation, Supply Chain Management, PeopleTools - Tools and Technology
University of Ballarat, Unitec Institute of Technology, iGATE, International College of Management, Sydney, Southeastern Louisiana University
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