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
(26-40 of 40)Oracle - necessary demon
- Single source of record for financial information
- Manages payroll
- Student financials
- User interface
- Reporting
- Data access, searchability and visualization of information
- Mobile friendliness
From a Functional Perspective - a PeopleSoft Review
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.
Not well suited for very small businesses or businesses whose business processes are changing continuously. Changing PeopleSoft for business process changes/modifications requires significant time and resources due to the design, testing, and implementation tasks involved.
Keep your PeopleSoft and Content
- 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
PeopleSoft SCM Review
- Intuitive product for current generations
- Looks nice and well organized
- Processes work and adapt well to different modalities
- Missing functionality for multiple inventories and ship to sites, needs custom work to manage that process
- Contracting storage is very time consuming to maintain on an item level
- Time intensive for organizations to maintain fully
Constant updates and fits your organization instead of forcing your organization to fit!
- Customizable - PeopleSoft Financials allows for an incredible amount of flexibility and customization which is well suited to many industries including the healthcare and utility sectors.
- Platform Agnostic - PeopleSoft Financials has adapted to the shifting environment of multi-form-factor devices and the challenges that arise with mobile browsers and desktop power users by implementing a "Fluid" interface that can be used across all devices
- Feature Rich - PeopleSoft Financials includes settings and configuration for virtually any situation that arises within an organization's financial model, with most transactional settings being more than is required by the industry which ensures tracking to the level the organization requires
- 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)
PeopleSoft Financial review
- You are able to see the process from ordering to delivery
- Easy to run budget reports
- Helps with end of year spending
- Reports are a little difficult to read
- Would be better if they could make the font bigger when printing our reports.
A worthy ERP system with lots of flexibility, but at a cost
My review is mainly from technical perspective due to my experience supporting PeopleSoft Financials.
- With a good technical support team, PeopleSoft Financials can do just about anything that a business needs. In my experience, there is no limit to what can be accomplished, but good requirements from business is a must (yes, this applies to any software customization) in order to achieve good outcome and to prevent development from spiraling out of control.
- Integration with external/3rd party systems can be accomplished somewhat easily. From using the standard integration method of using flat files (easy) for batch processing to web services (challenging) for real time data sync is all possible and all necessary elements are available with any implementation of PeopleSoft.
- PeopleSoft's development platform, PeopleTools, gives developers access to every aspect of PeopleSoft Financials in order to meet the needs of end users. Tweaks can be made to control the look and feel of any component and page. If needed, how data is presented on online pages can be easily controlled without altering the backend data. Flexibility that is made available in PeopleSoft is tremendous.
- PeopleSoft is owned by Oracle so any issues or bugs need to be logged through a service request (SR) via My Oracle Support. It is cumbersome to log a SR and support that is provided isn't always helpful, particularly since Oracle will not help with any customization issues. Typically lots of trace files or documentations are required before a support engineer can provide relevant input.
- Users often got frustrated with pages that weren't as user friendly as it could be. Users want similar experience of easily navigating through Amazon web sites, but many components/pages in PeopleSoft requires user training. Then again, the ERP system is technical in nature so it shouldn't be like buying books on Amazon...
- I mentioned the many ways to perform data integration, but web service route takes a highly skilled technical developer to do it well. There are so many pieces to the puzzle that it can be quite challenging. Also, using RESTful web service is limited by PS not supporting OAuth authentication protocol.
My 2 Cents
- The dev team is constantly improving the functionality the PFM features.
- Its free flowing and transparent
- Increases productivity business wide
- Its not easily customizable
- The implementation can be a pain
PeopleSoft eProcurement - have you bought in?
As for the system itself, it is very configurable and meets most of our needs. That being said if you are in the process of implementing ePro make sure you know very well, or have a resource that is highly knowledgeable with best practices in designing your workflow. If this is not done correctly, you can end up making a lot of extra work with changes that inherently come with a system over time. We use this as a standalone system with very minimal integration and it works albeit not as efficiently as if it were more integrated with our financials.
Overall I like the system especially the ability to have a vendor portal for real time notification/communication on POs. ( a function we have not utilized as of yet ).
- Workflow works great as long as you set it up correctly. Don't let a consulting resource lead the definition if you are not 100% sure they are deeply familiar with best practice configuration in PeopleSoft.
- End user presentation with workbenches makes the system easy to navigate.
- IaaS is a great option if you want to have the ability to customize the system yet not have to deal with the infrastructure headache.
- It would be nice to see more flexibility to be able to dispatch Purchase Orders to both print and email in one process run. Currently they have to be done separately.
- Ability to escalate service requests online rather than having to call would be nice, especially if moving from a low sev to a moderate sev.
PeopleSoft - Perfect fit for Custom Needs
- Robust modules
- Easy to use interface
- Highly configurable and customizable
- It is not in the cloud
- Expensive implementation
- Long upgrades
PeopleSoft Financials Streamlined Financials
- PeopleSoft has great development tools to help support the application. The application designer is a robust tool that provides the PeopleSoft Developer a powerful user interface to help support the PeopleSoft Financials application.
- PeopleSoft Financials delivers robust financial reporting capabilities. With the use of nVision, queries, BI Publisher, and trees the Finance team can create all their reporting needs in an automated fashion.
- PeopleSoft Financials has streamlined interfaces from the subsystems to the General Ledger. There is drill back capabilities from GL to the various subsystems to perform streamlined account reconciliations.
- The newest version of PeopleSoft nVision requires that the client version of Excel to be 64 bit. Many companies do not support 64 Bit Excel. It would be nice if they kept the tool on the 32 bit Excel.
- Oracle Support is not always timely in the responses to product questions or bugs discovered with PeopleSoft Financials. It would be nice if Oracle provided a Service Level Agreement for encountered bugs.
- The archiving solution with PeopleSoft Financials is not very robust. It is cumbersome to move historical data from the transaction tables to the archive tables. Also, it would be nice if the archive tables were upgraded in the same manner as the transactional tables.
Now & Future of Oracle Peoplesoft SCM
- Oracle Peoplesoft Supply Chain Management is a completely open, integrated and risk mitigating system which is quite foremost in the market today. It deals with the complicated arena of supply chain management which and various modules such as Supply/Demand Planning, Management, Service, Logistics Distribution and Order Management.
- Oracle's Peoplesoft has the entire architecture stack to support and maintain this huge and complicated system of supply chain management. Tools such as Integration Broker, Web Services, 3 tiered architecture and enhanced security capabilities contribute immensely to maintain and manage a complex system.
- Supply Chain Management caters to all levels such as suppliers and end users/customers. The system is widely used in all stages and Peoplesoft provides a robust module and security enhanced features to support this system at all levels.
- While the Oracle Peoplesoft Supply Chain Management solution is complex and quite open, there are areas which definitely can be improved. Mainly with integration to various third party vendors. There are now various tools in the market which make this integration seamless and we cannot but think how to expand Peoplesoft's capabilities to be more open in this area.
- Database optimization is another big challenge as we continue to grow and accumulate more and more data for this module. The data stored is indefinitely large and Oracle is now leaning more towards data management tools/software/databases such as Big Data and Exadata to mitigate this risk.
- One major improvement which can be made is to use a traditional job monitoring tool instead of Oracle Peoplesoft's scheduler. There are a wide variety of tools available in the market for customers to choose from and it would nice to see a proprietary tool from Oracle to fill in this gap.
11 years and my 2 cents
- Integration between the subsystems and the General Ledger. Allows you to tailor security and access for your users to only the pages that they need access to all while providing a seamless integration and drillback into the subsystem.
- Best practices used for business processes. Although very flexible, PeopleSoft gives you the ability to assess your current business process and determine if there are more streamlined ways to operate.
- Transparency. PeopleSoft provides a multitude of inquiry pages for all different purposes. You will always be able to find one that suits the needs of your users.
- Need to sort menu alphabetically. I have been a PeopleSoft user for over 11 years and still to this day do not understand why they can't sort the menu.
- Sometimes the amount of features is burdensome. The application has grown so much that certain modules have so many different fields and drop downs, that are only used by certain industries.
- Oracle tends to push out functionality at times without thoroughly testing the new features.
PeopleSoft from a Long Time User's Perspective
- The product is built to support best practice standards.
- The product provides a robust amount of functionality.
- High levels of customization are possible if necessary.
- The web-based interface is extremely dated.
- Software installation and on-going maintenance is extremely complex and is need of simplification.
- The reporting toolset needs better integration into the core product. The BI Publisher tool for creating formatted reports is horribly outdated and no longer integrates well with Microsoft Office. nVision is extremely dated and limited in its usefulness.
You, Me And Prism Review: The Truth
- Report Running : Overall settings provided to have numerous "Run Codes" is a great way to multi-task. I also like that each run can be unique to what information is needed to pull and how it is formatted for review
- New Window : I use this all the time when gathering information from different sections of the program. It saves me a lot of time when switching screens.
- Billing : Invoicing is a breeze despite different methods of billing jobs
- Constant login to a job can become tedious.
- I would like to see a full format where a job can be looked at for estimate/billing/approvals all under 1 screen (or platform). Prism gets a bit tedious when you need to pick a function first and then change the job. I think it would be easier if you were able to pull a job and then pick a function.
- As all programs - glitches exist. They are sometimes unexplainable, but PRISM seems to keep a good record at maintaining a forward positive movement on upgrades. I would like to see a speedier process time as well as less crashes.