Oracle PeopleSoft Applications: What Makes Them A Superb Choice?

Oracle’s PeopleSoftapplications are a great way to take your enterprise users to a next level. It is designed to efficiently address even the most complex business needs. The applications provide comprehensive industry and business solutions, empowering enterprises to improve productivity, boost business performance, and deliver a lower cost of ownership. The latest upgrade, PeopleSoft 9.2, renders cutting-edge innovation by providing accelerated user experience that radically transforms how users interact with these applications.

Over 1,000 new features and enhancements make it a highly robust and scalable solution to lower the cost of ownership, as well as take user experience to a high level. The easy-to-use and more intuitive interface integrates consumer internet experience that is designed to render superior user experience and increase productivity. The revolutionary Oracle solutions accelerate the delivery of organizational and financial benefits, while empowering organizations for long-term growth.

PeopleSoft Applications

Oracle’s PeopleSoftis built to improve overall business operations and productivity. There are a number of applications designed on this platform, empowering businesses to accelerate performance, and reduce cost of ownership. Discussed below are some important PeopleSoft applications:

1. Financial Management – The Financial Management application leverages the best practices to create financial processes of international standards, deliver improved insight into business-critical data, and meet statutory and financial requirements. Key elements of this application are:

• Credit-to-Cash


• Asset Lifecycle Management


• Financial Analytics


• Financial Position Analyzer


• Treasury Management


• Financial Control and Reporting


• Procure-to-Pay


• Travel and Expense Management


• Additional Applications for Public Sector and Financial Services


• Financial Allocations Analyzer


• Risk, Governance, and Compliance

2. Human Capital Management – The Human Capital Management application enables organizations to build a global basis for HR data and enhanced business processes. It renders a highly robust set of human resources functionalities that enable businesses to accelerate business performance, boost productivity, and reduce cost of ownership. It includes the following:

• Workforce Management


• Global Core Human Capital Management


• Talent Management


• Workforce Service Delivery


• Labor Rules and Monitoring

3. Enterprise Services Automation – The Enterprise Services Automation applications allow project-centric departments and organizations to build critical operational processes that aid in complete project lifecycle management, right from selection to planning and staffing through analysis, execution and cost control. They provide a single and accurate view of various project-related activities to enables organizations to select and prioritize the right projects, streamline execution, assign right resources, and monitor profitability.

• Project Analysis


• Project Portfolio Management


• Proposal Management


• Program Management


• Project Discovery and Costing


• Resource Management


• Billing, Contracts, Grants, Expenses

4. Supplier Relationship Management – It is a comprehensive suite of world-class procurement applications that significantly reduce supply management costs, streamline procure-to-pay processes, cut investment on goods and services, and drives policy compliance.

• eProcurement, eSettlements, eSupplier Connection


• Purchasing


• Financials


• Catalog Management


• Services Procurement


• Procurement and Spend Analytics


• Supplier Contract Management


• Strategic Sourcing

5. Supply Chain Management

PeopleSoftSCM applications provide a flexible and cohesive solution to achieve synchronized supply chain, and drive efficiency in cost savings.

PeopleTools – A Comprehensive Development Toolset 

PeopleTools is a comprehensive set of development tools that support building and runtime of PeopleSoft applications. Application developers leverage metadata and other available efficiencies within these tools to create and customize applications easily and quickly. PeopleTools uses robust middleware options and PeopleSoft Integration Broker to support Service Oriented Architecture, which is the new development standard. It provides the following toolsets:

• Application development


• Interaction Hub


• Integration


• Reporting and Analytics


• User Experience


• Selective Adoption and Lifecycle Management


• Security


• Platforms and Engineered Systems

All these features make PeopleSoft applications a powerful business tool today.