Oracle's PeopleSoft ERP (or PeopleSoft FSCM) is a software solution used to reduce costs by automating and centralizing global transactional processes and the enterprise entire supply chain. Oracle states they have extended support for PeopleSoft to 2034.
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SAP Integrated Business Planning
Score 8.2 out of 10
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SAP supports supply chain management with Integrated Business Planning, the company's real-time cloud-based supply chain planning platform supporting demand response, supply planning and inventory management oriented features, with supply chain analytics to support decisioning.
You really need a big enterprise to take advantage of PeopleSoft. It is not entirely user-friendly, and it often requires massive amounts of customization to make it work for layers if you will. Business experts can figure it out, but if you are expecting someone to easily learn how to use the timekeeping modules without heavy customization, it's really not for you. You need to know going in, that this is not for a small business at all, and not even a medium-sized enterprise. It's geared to massive organizations that need to integrate business processes over geographic areas and multiple departments.
Integrate SAP Integrated Business Planning in the daily operation of the core business is easy if the use of SAP HANA Cloud requires to increase in budget and is not possible for all types or sizes of organisations, but if your IT department requires to connect to on-premise data, connect to other data repositories on cloud or off-premise and customize reports for specific businesses cases, these tasks can increase the projected costs and require to adopt other SAP modules that can not be required at all.
One of the best thing it does is it is customizable. You can implement any business logic you need. This is one of the very key assets of PeopleSoft Financials.
PeopleSoft Financials's accounting methods are in line with industry standards. You can use the process as is and ledger will be taken care of.
It supports multiple ways to integrate with other systems.
PeopleSoft Financials does not address the needs of small organizations that do not have a large enough staff to maintain the software or utilize the features it provides as it requires a moderate staff to keep track of all of the transactions and processing
PeopleSoft licensing costs are significant, which are relative to the features provided but in many cases those features may not be necessary
PeopleSoft licensing structures can be frustrating at times when certain modules would allow you to perform the complex task needed but it would require the entire module to be licensed for just that one feature (e.g. Cash Management for loading bank statements in certain formats)
The trial version is very limited, but it's a trial! But for the awareness of the platform, SAP could improve the free version.
SAP IBP has a lot of functions, but not all are easy to understand and put into practice. Maybe a better demo would be a plus for the awareness of all of them.
PRISM is a great tool to track and watch numerous financial documents. I would like to see more of an integration platform that would control tracking for specific project details. There is currently only a little section for job notes which I would like to see improve. I think navigation could be improved, but isn't the worst compared to some platforms I have worked with as it provides a tree like structure on the backend which helps synchronize information together for fiscal financials.
I am aware of better systems, but this is what the employer I work for has to offer. Overall, there are fewer negatives than positives so I would support the usability. New staff members can quickly obtain access and go through a 5-10 minute training video that we build in house. The speed at which someone can become a proficient user speaks to the usability of ePro.
Because It is is a cloud-based platform that can be accessed from anywhere and also it has a user-friendly which is great for navigation within the software. As it offers a wide range of features including demand forecasting, supply chain planning, and collaboration tools which makes it even more powerful
I can't give them a perfect rating because it does often take a long time and usually more [expensive] to resolve trying issues that cannot be solved by our in-house team. PeopleSoft is complicated, and the mix and match of user-created and stock modules cause problems very often. These usually require more customization to completely fix, requiring more money spent with
I recommend that everyone pay special attention to developing a solid testing and training plan if you are even thinking of implementing PeopleSoft. Be ready to obtain good trainers and developers, otherwise, your journey can be unnecessarily painful and much more expensive. Try to stay with an implementation partner who really has your needs at heart, and actually takes the time to understand your organization!
PeopleSoft is much more appropriate for large organizations than the software programs listed here. I'm involved in a project to bring billing and accounts receivable functions out of "shadow systems" like those listed here and into PeopleSoft, and PeopleSoft is more robust, flexible, and standardizable. We've found it to be an excellent solution.
It has been a while since we have evaluated inventory and planning related SAAS products. We have primarily evaluated the level of effort to custom build tools to support the planning team. The maintenance and flexibility required for each business area made it so that we did not have enough resources to centralize a solution that could be used by all demand and supply planners.
Provides better controls to ensure that spend does not increase beyond the PO amount.
sPro reverse invoicing provides a mechanism to only pay our staff aug firms for only the hours that entered into PeopleSoft. There is no more reconciliation between the vendor invoices and the hours that were charged within the internal time tracking system.
PeopleSoft Financials increases employee efficiency through the use of dashboards and work centers.
Creates a more collaborative org across functions (s/w facilitates that well!)
Nice interface for presenting data/analyses—reduces time to analyze, reduces concerns about “where is that data coming from…” issues with our old system.
