TrustRadius
PeopleSoft Financials is a client/server financial management designed for larger organizations. Features enable organisations to control, monitor, administer, and report on financial information, accounting, and project tracking.OraclePayroll and Compensation Management Streamlined2018-12-20T16:01:55.105ZPeopleSoft Financials is currently being used to house payroll/compensation data as well as provide back-end transactions relating to payroll/compensation. Currently, PeopleSoft Financials is only being used by our Finance dept for payroll/compensation purposes. PeopleSoft Financials currently allows us to address regional issues with various payroll vendors we're currently using by providing the ability to house all vendor data within a single system. This single system allows us to better streamline processes and ensure vendor information is up-to-date and centrally managed.,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,6,Easy, automated pay calculations across multiple countries and regions
Client portals are intuitive and easily navigated
3rd party integrations can be burdensome and time/resource consuming, depending on the vendor,Workday Human Capital Management,Pega Platform, Workday Human Capital Management, SharePoint CRMVerified UserFrom a Functional Perspective - a PeopleSoft Review2018-04-10T15:49:56.546ZPeopleSoft Financials is used at our organization as the primary ERP solution (accompanied by Peoplesoft's HCM and Campus Solutions products). It is used across the whole organization and ensures all areas of the university are integrated and that business processes are standardized across the institution (and automated as much as possible).
We have a few niche products that accompany/interface with PeopleSoft for pieces of business functions such as creating requisitions for purchase orders, creating and approving travel requests, and overseeing admissions applications. However, core business operations and recording to General Ledger remains within PeopleSoft exclusively.,Integrations. It is relatively easy to integrate and interface with other systems to maximize your solution.
Flexible. PeopleSoft works for smaller and larger organizations and works well module-by-module.
Mature. PeopleSoft is a mature product and is well vetted and documented.,The system could be more user-friendly and more visually striking. Its interface (although improved greatly with FLUID) appears very outdated, years behind its technical capabilities. It would be more impressive to users if it were more modern and intuitive.,9,At my level in the organization, I'm not able to comment on this question.,Higher Education User Group (HEUG),QuickBooks Pro,Concur Travel and ExpenseCassandra Rayne GrossKeep your PeopleSoft and Content2018-03-02T20:35:09.856ZWe used it as an organization-wide solution. We mainly used it as a controller solution but used the highly customizable database to run payments, create invites and custom reports.,Budgeting and Forecasting
Profitability Analysis
Scheduling and managing employees
Payroll and timesheets,Some of the reports are not as customizable as we would like
Not a super modern display/not intuitive
Definitely need training can't jump in unexperienced,9,This has had great ROI on our organization as we are able to manage the efficiency of the team,Not a member of any user groupsChantelle ChaseOracle - necessary demon2018-05-01T16:32:39.804ZIt is used across the organization to manage the accounts of the various academic and administrative departments, accounts payable and student financials.,Single source of record for financial information
Manages payroll
Student financials,User interface
Reporting
Data access, searchability and visualization of information
Mobile friendliness,5,Single source of information - this is useful for an institution our size as we don't have a huge team to consolidate financial information for reporting
Runs the ship - as with my earlier comment, this is very important for us to keep on top of compliance, reporting and accounting needs
Takes a lot of care and feeding - it does take a lot of technical resources to maintain the system, which negatively impacts some of the business needs,Not a member of any user groups,Concur Travel and Expense,Canvas, Concur Travel and Expense, Salesforce Community CloudVerified UserGreat for complex Payroll!!2018-04-19T20:12:37.438ZWe used PeopleSoft Financials at my previous company for our payroll. We had over 30 payroll specialists that used PeopleSoft Financials in our payroll department.,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.,8,PeopleSoft Financials helped our organization input complex payroll information while other systems would have failed us. I consider this a great return on investment.
It has helped our payroll specialists enter data easily by its easy formatting for the payroll specialist.,Oracle Applications Users Group,,QuickBooks Pro, QuickBooks Premier, OnRampVerified User
Unspecified
PeopleSoft Financials
196 Ratings
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