Why There is Still Great Demand for PeopleSoft Skills?
If you thought PeopleSoftis dead, think again. Despite being one of those monolithic ERP systems launched during 1988 and facing constant threat from cheaper and faster SaaS and cloud solutions, it enjoys the most dedicated fan-base. Now owned and managed by Oracle, it is given high marks especially for its Finance and Human Capital Management modules that help accelerate business performance, boost productivity, and reduce cost of ownership. In fact, it is often compared to SAP ERP suite, and regarded as more user friendly, leaner and flexible.
This clearly indicates that this powerful and intuitive ERP system is not fading away soon. As a matter of fact, it is a lucrative field of career for aspirants as it promises generous salary and scope of growth for people who can build, administer and maintain the systems. You wouldn’t obviously hear of PeopleSoft as much as you do of SAP ERP, but it is still running successfully in numerous government departments, enterprises, and educational institutions across the world. While some organizations might use the entire suite, others use only specific applications like HCM, procurement, supply chain management, automation software, billing, etc. It is truly an end-to-end ERP system.
How PeopleSoft Can Boost Your Career
Despite what is happening in the ERP market, PeopleSoftskills are still a stupendous asset for any resume. You may be surprised to know that well-paying, professional PeopleSoft roles are highly in demand across all types of organizations, especially in the field of Logistics and Human Resources. Having knowledge and skills in this ERP system can open up broader career avenues, and there are even lucrative opportunities for people looking to switch from HR to IT, or vice versa.
It is indeed challenging to manage 5,500 employees, let alone managing every business process and that too in one platform. Therefore, people having an array of PeopleSoft skills are in high demand. Generally, it is expected that an Oracle PeopleSoft professional possesses knowledge and expertise in most, if not all, of its modules. Therefore, for organizations, it is more viable hiring one people to manage various kinds of business processes as well as human resources. You can expect the salary to be quite high, with a steep career growth path, as the system has ingrained in many government departments and large enterprises over several years of use.
The demand for PeopleSoft skills across all types of organizations continues to be high. Compared to that, there is a relative shortage of qualified developers, architects, etc. Scarcity of skill set automatically causes the salary to increase significantly. You may not expect exorbitantly high salary like that of a COBOL or SAP ERP professional, but the competition in this field is low, and that makes it a lucrative career prospect. Analysts in this field should possess in-depth knowledge of the system and related database skills like SQL, as well as an understanding of complex business operations that the software serves.
However, only few people possess experience in both these fields, but working with this robust and intuitive ERP system is a fantastic way to improve your skill set. If you are from IT background, it can help you build deep understanding of the strategies and techniques needed to organize resource management systems, large groups of people, and workflow control. These are highly transferable skills that would add long-term value to your career.
One of the best things about learning PeopleSoftis that it provides real-time insight into how various enterprises function in terms of technical infrastructure and organization. The ERP system may be difficult to learn, but have a considerable value in the job market recently. Considering the fact that it still continues to render a vast amount of IT infrastructure for global businesses, you can be assured that it isn’t going anywhere.
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