Overview
What is Oracle PeopleSoft ERP?
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.
PeopleSoft - Still the best ERP for very large enterprises!
PeopleSoft Financials solid but expensive
PeopleSoft Financials Remains Strong in ERP and Payables Functionality
PeopleSoft Financials is being used as our consolidated accounts payable sub-ledger to pay over 10,000 vendors and we use it also for …
Desktop Support Tech's Review of PeopleSoft eProcurement
Great for complex Payroll!!
A True ERP System
Has a Soft Spot in our Finance Team's Heart!
We love PeopleSoft FSCM
PeopleSoft is great!
End-to-end ERP solutions
PeopleSoft Financials product review and improvement suggestion
PeopleSoftFinancials: great product but needs better reporting and integration features
PeopleSoft Financials
PeopleSoft Financials Review
Awards
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Popular Features
- Role-based user permissions (24)10.0100%
- Custom reports (25)10.0100%
- Accounts payable (25)8.181%
- Standard reports (25)8.080%
Reviewer Pros & Cons
Pricing
What is Oracle PeopleSoft ERP?
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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Product Demos
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Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 6Pay calculation(18) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 6Benefit plan administration(17) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 5Direct deposit files(18) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 10API for custom integration(19) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 10Plug-ins(16) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 10Single sign-on capability(21) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 10Role-based user permissions(24) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 10Dashboards(22) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 8Standard reports(25) Ratings
The software offers pre-built reports with metrics standard to the category.
- 10Custom reports(25) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 8.1Accounts payable(25) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 7.7Accounts receivable(24) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 9Global Financial Support(16) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 10Primary and Secondary Ledgers(24) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 10Journals and Reconciliations(24) Ratings
Automate and synchronize ledgers and processes
- 10Configurable Accounting(20) Ratings
Configure accounting rules and segments for each chart of accounts
- 10Standardized Processes(19) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 7Inventory tracking(11) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 5Automatic reordering(9) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 7Location management(11) Ratings
The software can track multiple goods across multiple locations.
Order Management
The ability to process orders, and track them from quote to cash.
- 8Pricing(7) Ratings
Users can set up complex and unique pricing requirements.
- 10Order entry(8) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 5Credit card processing(5) Ratings
The software facilitates credit card processing.
- 9Cost of goods sold(4) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 8.5Order Orchestration(3) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
Subledger and Financial Process
Revenue management solution including capabilities for subledgers and financial processes
- 10Billing Management(18) Ratings
Access role-based billing work area, perform discrete and recurring billing
- 8Cash and Asset Management(15) Ratings
Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments
- 5.1Travel & Expense Management(13) Ratings
Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement
- 8.7Budgetary Control & Encumbrance Accounting(13) Ratings
Control spending at any budget level or time interval
- 10Period Close(20) Ratings
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Project Financial Management
Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.
- 7Budgeting and Forecasting(12) Ratings
Establish project budgets and forecast future project financials
- 7.1Project Costing(11) Ratings
Standardize, track, and control costs at all project phases
- 7.1Cost Capture(10) Ratings
Capture costs including those for procurement, financials or time and labor, including from external systems
- 8.3Capital Project Management(10) Ratings
Track and manage capital asset costs
- 8.7Customer Contract Compliance(10) Ratings
Associate projects or tasks with customer contracts, and lines within contracts, to meet billing terms
- 8.3Project Revenue Recognition(10) Ratings
Recognize project contract revenue in line with accounting policies and regulations
Project Execution Management
Project execution management solution including capabilities for project scheduling, resource management, and team member task management.
- 8Project Planning and Scheduling(8) Ratings
Interactive Gantt chart for establishing tasks, durations, and delivery schedule
- 7Task Insight for Project Managers(7) Ratings
Project manager visibility into task progress of team members
- 8Project Mobile Functionality(7) Ratings
Capabilities for project functions such as updating and monitoring task progress and timecards from mobile devices
- 7Definable Resource Pools(7) Ratings
Definable and hierarchical resource pools of potential project resources
Grants Management
Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding
- 8.7Award Lifecycle Management(9) Ratings
Manage the life of program funding awards from initial funding to close-out
Procurement
Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management
- 6Bids Analyzed and Compared(9) Ratings
Evaluate, compare and recommend across multiple bids in real-time using diverse user selected criteria and graphical analytics
- 6Contract Authoring(7) Ratings
Document authoring with guided navigation, negotiation templates and productivity tools for reviews and collaboration
- 8Contract Repository(11) Ratings
Secure and searchable contract repository leveraging standard company language components, structures and formats
- 8Requisitions-to-Purchase Orders Integrated(13) Ratings
Create touchless purchases using purchase orders generated automatically per rules from approved requisitions
- 10Supplier Management(11) Ratings
Broadly manage and report comprehensive supplier profiles, capabilities and performance; identify bottlenecks; balance allocations, workloads
Risk Management
Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies
- 5Risk Repository(3) Ratings
Idenity, document, and manage business risks in a unified repository
- 5Control Management(3) Ratings
Establish and update risk and controls matrix, control test plans, and instructions
- 6Control Efficiency Assessments(3) Ratings
Assess control effectiveness on criteria such as geography, business unit, compliance requirements, etc
- 5Issue Detection(3) Ratings
Detect and create issues as part of the assessment flow
- 5Remediation and Certification(3) Ratings
Create and update remediation plans and certify controls
Logistics
Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.
- 9Transportation Planning and Optimization(2) Ratings
Plan shipments across all modes of transportation via lowest costs/highest service
- 9Transportation Execution Management(2) Ratings
Execute and track shipping orders
- 9Trade and Customs Management(2) Ratings
Manage duties, tax rates, customs documents, and other data required for products shipped in and to specified countries
- 9Fulfillment Management(2) Ratings
Support for multi-channel demand and execution fulfillment processes
- 9Warehouse Workforce Management(2) Ratings
Set goals, measure actuals, and analyze productivity for warehousing tasks and activities
Manufacturing
Manufacturing solution for managing manufacturing processes and costs.
- 9Production Process Design(3) Ratings
Define data for plant hierarchy, process standards, work areas, calendars and standard operations
- 8Production Management(4) Ratings
Centralized critical status information for production supervisors
- 8Configuration Management(4) Ratings
Capture and process customer configuration orders
- 9Work Execution(3) Ratings
Monitor procution status, manage work orders for standard and non-standard production, enforce tight controls on serialized products
- 8Manufacturing Costs(4) Ratings
Estimate, plan and monitor costs and variances by plant. Capture resource costs using standard, actual, LIFO, FIFO or multiple costing methods.
Supply Chain
Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.
- 7Forecasting(10) Ratings
Statistically forecast based on historical patterns and sales input, monitor accuracy and estimate new demand
- 7Inventory Planning(9) Ratings
Establish projected inventory levels, monitor actual levels and compare with projected levels
- 7Performance Monitoring(9) Ratings
Analyze business metrics and compare actual performance to plans, identify issues, prioritize demands and respond to changes
Product Lifecycle Management
Product Lifecycle Management solution with capabilities for innovation management, product development
- 9Proposal Management(2) Ratings
Capture budget, resource, and benefit expectations for proposals
- 8.5Product Master Data Management(3) Ratings
Create, classify, and manage product items, BOMs and product changes
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Oracle PeopleSoft ERP?
Oracle PeopleSoft ERP Competitors
- Pega Platform
- Salesforce
Oracle PeopleSoft ERP Technical Details
Operating Systems | Unspecified |
---|---|
Mobile Application | No |
Frequently Asked Questions
Comparisons
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Reviews and Ratings
(270)Attribute Ratings
Reviews
(1-25 of 40)Happy user of Oracle PeopleSoft ERP
- Manages complex billing schedules
- Manages complex revenue models
- Allows the collection of all transactions for profitability
- Strong Resource Management capabilities
- Time Entry needs to be more robust
- Resource Management and Project management need to be more flexible
- Needs more capabilities to link to external tools
- Integrating with other systems
- Providing a consistent user interface
- Automating workflow
- Standardizing added and updated modules
- Updating old modules with newer UI and features
- Adding more in-application help
PeopleSoft Financials solid but expensive
- Reporting
- Security
- Basic functionality
- Ease-of-use
- Accessibility
- Process vendors' payments globally in multiple currencies
- Secure and protect the vendor master file and interface with procurement functionality
- Provide standard and ad-hoc reporting and security administration
- Process employee travel and expense reports
- User interface and user feel could be better
- Fewer steps and clicks screen to screen; screen efficiency is important
- Standard reporting is fine but ad-hoc reporting is just OK
Desktop Support Tech's Review of PeopleSoft eProcurement
- Makes invoicing streamlined and orgainized
- Manages contracts with ease and fluidity
- No suggestions for improvement
Great for complex Payroll!!
- PeopleSoft Financials does a great job of delivering detailed payroll information.
- It is great for companies that require complex payroll accounting
- It has a very easy interface for pulling payroll information from the system
- Payroll entry and payroll changes are easily made due to its ease of use for users
- PeopleSoft Financials could use the room for improvement by simplifying the interface for users to be able to access for payroll reports. It seemed that there were always a lot of steps in order to get to one report.
- PeopleSoft Financials seemed very complex unless we had an IT guy that would create out queries beforehand.
A True ERP System
- Procure to pay process.
- Journal generation and financial reporting.
- Seamless integration within the modules like AP to GL.
- The user interface could be made more intuitive.
- The procurement module has a lot of room for improvement like all the other eCommerce websites out there like Amazon etc.
Has a Soft Spot in our Finance Team's Heart!
- Great documentation, training, and certification programs for new users. We had no problem in finding Oracle-certified training courses for our finance department. Even after the training process, many of our team's queries were quickly resolved from the well-documented guides released by Oracle.
- Oracle PeopleSoft does a great job in helping us identify the possible pitfalls in our business processes and logic. The ability to analyze all your processes in one place provides a birds-eye view of your workflow.
- Integrates well with Oracle Database. Most of our mission-critical and confidential data that is being used with Oracle PeopleSoft SCM is stored in Oracle Database, so it was crucial for us to need an integration between the two products.
- Inability to view the results of multiple queries at once in the Query Viewer.
- Although there is excellent integration with Oracle's other products, there is an unacceptable amount of support for other third party vendors.
- Personalization Feature for a Quick-Access Menu. Due to the abundance of features in PeopleSoft SCM, it sometimes takes a while to find that one option as there are so many others in the same menu. It would be nice for a user to be able to drag and drop some options they use frequently into a Quick-Access menu.
We love PeopleSoft FSCM
- We love using provided tools for customizing the processes to match our existing business processes.
- The reporting package (nVision) is fairly complex for end-users to use.
PeopleSoft is great!
- Easily customizable for business needs. We were able to build several bolt-on applications on PeopleSoft. If not, we would have implemented the same function on new software and spent on integration with PeopleSoft.
- PeopleSoft cloud will be a good enhancement for us.
End-to-end ERP solutions
- Performing purchasing related business processes
- Performing payables related business processes
- Performing ledger related business processes
- Lease accounting
- Workflows
- Analytics
PeopleSoft Financials product review and improvement suggestion
- Budget tool needs to be simple enough for general users' usage.
- They need to make it more streamlined in the process.
PeopleSoftFinancials: great product but needs better reporting and integration features
- Pay rent through lease module
- Pay suppliers through AP
- Track and monitor expenses through expenses module
- Consolidate and report through GL module
- Nvision reporting needs to be improved.
- Project costing and customer contract processes need to be streamlined.
- Caching of the pivot grids to display data to end-users should help.
- Lease admin work center should be added.
PeopleSoft Financials
- Integration across modules
- Well delivered reporting
- Drill down capability with query manager
- Data latency is always a concern across modules.
- Easier allocation rules and processing within modules.
- Ease of use for the regular business user.
PeopleSoft Financials Review
- Fluid Approval.
- Pivot Grid - that gives us a snapshot of our situation in graphical form. It has charts, graphs, and it's a very visually appealing way to see how things are moving.
- Query.
- Within PeopleSoft Financials, it integrates well across all modules, they are tightly integrated. e.g. Requisition, Purchase Order, Procurement Contract, Receipt, Voucher, Payment, etc.
- User Interface - it looks like Windows. The look and feel could be updated. It is also not usable on phones and tablets.
- Customization.
- Reporting is very cumbersome, especially when developing new reports. It can take a few weeks for a user to get a new report.
My experiences with PeopleSoft Financials.
- 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.
- Whenever new updates are released, please do thorough testing.
- Please implement mobile friendly version. I mean we need an app version also.
- Improve the performance of some of the slow pages.
PeopleSoft Financials Review
- Run reports.
- Manage user access.
- Reports could be more dynamic.
Can't wait to check out new PeopleSoft features ~
- New UI tiles are versatile and easy to use
- Simplified menus across modules
- Classic navigation option is helpful for transition
- Cookie crumb navigation no longer visible or provided - making it difficult to advise other users on how to navigate to certain fields
- PO requires too many mouse clicks to navigate into details
- REQ workflow clunky
PeopleSoft Financials meets our needs
- Invoicing
- Contract management
- Real-time reporting
- Better integration
PeopleSoft Financials Review
- Vendor payments
- Purchase orders
- Requisitions
- More into analytics
- Chatbots
My PeopleSoft Review
- Ease of use
- Ease of obtaining analytical data
- A winning partnership with our industry
- Better dashboards, but existing ones are good. I'd like to see trends on the top 10 inventory items we're buying so we could see if we needed to expand relationships with our suppliers. That data could help us drive cost savings.
- Expense module needs improving - it's not as good as Concur's. We compared both of the products and Concur was the winner in this regard.
- Commitment control needs to be more user-friendly - it's a pain to use! Setups are complex, as we just went through one. There's room for improvement in making this easier.
Administrator Review
- It is perfect for delivering detailed payroll information.
- Reporting and queries.
- Flexible and robust.
- Tracks newly hired associates.
- Once a customization is in place, it is difficult to change it.
PeopleSoft Review
- PeopleSoft handles the purchasing of material, storing that material, and issuing of that to production IDs pretty seamlessly.
- Once in production, it is a pretty straightforward process for shop floor individuals to complete the production IDs.
- Then moving production to inventory so we can get the customer flow works pretty good as well.
- Shop floor data collection could use some enhancements.
- Streamlining order entry could be another place for enhancements.
Payroll and Compensation Management Streamlined
- Central system to house multiple vendor data
- Cross-regional security access features
- Intuitive UI for Payroll team
- Reporting capabilities for audit/self-check purposes
- Ad-hoc reporting capabilities
- Integration capabilities with various HCMs/CRMs could be better
- UI is not sleek/well designed. Looks pretty basic as an end-user
Solid Tool for Large Organization
- System allows for quick ordering from preferred vendors or past orders. This can expedite the process for frequent users.
- PeopleSoft communicates with our finance department so allows for quick lookup and linking to the thousands of accounts that can be used fro purchasing. This reduces error in entering incorrect numbers that do not exist.
- Streamline flow to the direct supervisor or account control to approve the ePro request. Triggers a direct email with link to the request, and the review/approval is less than a few clicks.
- Once the initial approval is granted the current system is not setup to send any follow-up notification around additional approvals or order completion. This creates somewhat of a surprise effect on when an order will actually be made or delivered.
- Due to the volume of accounts that can be entered, there are limited restrictions for someone to entered an incorrect cost center or even one they do not own.
- Is not mobile friendly and must be logged into the organization's network to access the internal PeopleSoft platform.