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Oracle PeopleSoft ERP

Oracle PeopleSoft ERP

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.

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Recent Reviews

A True ERP System

10 out of 10
October 15, 2019
Incentivized
PeopleSoft Financials and supply chain product is being used as an enterprise-level product within our HR, Finance and Supply Chain …
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PeopleSoft Financials

9 out of 10
September 18, 2019
Incentivized
We use HCM, AP, GL for all of our financial transactions and reporting needs. It helps us accurately report based on a consolidated trial …
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Read all reviews

Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 66 features
  • Role-based user permissions (24)
    10.0
    100%
  • Custom reports (25)
    10.0
    100%
  • Accounts payable (25)
    8.1
    81%
  • Standard reports (25)
    8.0
    80%

Reviewer Pros & Cons

View all pros & cons
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Pricing

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N/A
Unavailable

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.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Demos

PEOPLESOFT Financials Training India | PS Fi Online Training | Free Demo Video | ECORPTRAININGS

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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.

6.2
Avg 7.2

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

10
Avg 7.2

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.

10
Avg 8.1

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

9.3
Avg 7.0

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

8.3
Avg 7.6

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

6
Avg 7.9

Order Management

The ability to process orders, and track them from quote to cash.

7.8
Avg 7.8

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

8.1
Avg 7.4

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

7.4
Avg 7.6

Project Execution Management

Project execution management solution including capabilities for project scheduling, resource management, and team member task management.

6.9
Avg 6.8

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

9.3
Avg 7.6

Procurement

Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management

6.5
Avg 7.0

Risk Management

Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies

5.2
Avg 6.5

Logistics

Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.

9
Avg 6.9

Manufacturing

Manufacturing solution for managing manufacturing processes and costs.

8.7
Avg 7.5

Supply Chain

Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.

7.4
Avg 7.2

Product Lifecycle Management

Product Lifecycle Management solution with capabilities for innovation management, product development

8.9
Avg 7.3
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Product Details

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.

Oracle PeopleSoft ERP Competitors

Oracle PeopleSoft ERP Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

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.

Pega Platform are common alternatives for Oracle PeopleSoft ERP.

Reviewers rate API for custom integration and Single sign-on capability and Role-based user permissions highest, with a score of 10.

The most common users of Oracle PeopleSoft ERP are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(270)

Attribute Ratings

Reviews

(1-3 of 3)
Companies can't remove reviews or game the system. Here's why
Score 8 out of 10
Vetted Review
Verified User
Incentivized
PeopleSoft Financials is being used across our entire organization in many facets. It is used to solve numerous problems and facilitate most of our processes in some regard and to some degree. We use PeopleSoft for HR, Financials, CRM, Contracts & Grants, Capitalized Asset Management - you name it - PeopleSoft plays a role in every process and procedure. The biggest problem the system solves is bringing all of our locations together on a single chart of accounts and platform, therefore tearing down silos that exist previously, and standardizing all data entry and sharing of information.
  • 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
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.
General Ledger and Configurable Accounting (7)
94.28571428571429%
9.4
Accounts payable
90%
9.0
Accounts receivable
90%
9.0
Global Financial Support
90%
9.0
Primary and Secondary Ledgers
100%
10.0
Journals and Reconciliations
100%
10.0
Configurable Accounting
100%
10.0
Standardized Processes
90%
9.0
Subledger and Financial Process (5)
90%
9.0
Billing Management
100%
10.0
Cash and Asset Management
100%
10.0
Travel & Expense Management
60%
6.0
Budgetary Control & Encumbrance Accounting
100%
10.0
Period Close
90%
9.0
Inventory Management (3)
33.333333333333336%
3.3
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
100%
10.0
Order Management (5)
18%
1.8
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
90%
9.0
Cost of goods sold
N/A
N/A
Order Orchestration
N/A
N/A
Payroll Management (3)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Reporting & Analytics (3)
63.33333333333333%
6.3
Dashboards
N/A
N/A
Standard reports
90%
9.0
Custom reports
100%
10.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
100%
10.0
Role-based user permissions
100%
10.0
Single sign-on capability
100%
10.0
Grants Management (1)
100%
10.0
Award Lifecycle Management
100%
10.0
Project Financial Management (6)
88.33333333333334%
8.8
Budgeting and Forecasting
70%
7.0
Project Costing
80%
8.0
Cost Capture
80%
8.0
Capital Project Management
100%
10.0
Customer Contract Compliance
100%
10.0
Project Revenue Recognition
100%
10.0
Project Execution Management (4)
90%
9.0
Project Planning and Scheduling
90%
9.0
Task Insight for Project Managers
90%
9.0
Project Mobile Functionality
90%
9.0
Definable Resource Pools
90%
9.0
Procurement (5)
N/A
N/A
Bids Analyzed and Compared
N/A
N/A
Contract Authoring
N/A
N/A
Contract Repository
N/A
N/A
Requisitions-to-Purchase Orders Integrated
N/A
N/A
Supplier Management
N/A
N/A
Risk Management (5)
N/A
N/A
Risk Repository
N/A
N/A
Control Management
N/A
N/A
Control Efficiency Assessments
N/A
N/A
Issue Detection
N/A
N/A
Remediation and Certification
N/A
N/A
Logistics (5)
N/A
N/A
Transportation Planning and Optimization
N/A
N/A
Transportation Execution Management
N/A
N/A
Trade and Customs Management
N/A
N/A
Fulfillment Management
N/A
N/A
Warehouse Workforce Management
N/A
N/A
Manufacturing (5)
N/A
N/A
Production Process Design
N/A
N/A
Production Management
N/A
N/A
Configuration Management
N/A
N/A
Work Execution
N/A
N/A
Manufacturing Costs
N/A
N/A
Supply Chain (3)
90%
9.0
Forecasting
80%
8.0
Inventory Planning
90%
9.0
Performance Monitoring
100%
10.0
Product Lifecycle Management (2)
N/A
N/A
Proposal Management
N/A
N/A
Product Master Data Management
N/A
N/A
  • Efficiency and integration saves us dollars
  • PeopleSoft is expensive to customize, however
  • A larger learning curve costs us more up-front, as PeopleSoft is not easy to use and understand
  • We manage our grants with much higher efficiency, allowing us to get more grants at higher dollars
We selected PeopleSoft Financials because it addresses every business need of our very large entity with separate offices over a relatively large geographical area. Most alternatives (with the exception of Oracle Cloud ERP and SAP) did not allow us to easily integrate and validate data sharing from our homegrown systems, of which we have a lot, and that was a huge factor as well. The most difficult part of transitioning to any ERP includes the cost of implementation and customization. If there is any downside to ERPs, it's the insane price tag on creating customized modules (and this is especially costly for PeopleSoft, SAP, and Oracle). Depending on the customization, this is usually in the 1+ million dollar range for a large enterprise. PeopleSoft can be customized to accomplish just about every single business need we've ever had, and that was a huge factor in the decision to use it. For smaller entities, there are many ERP solutions that you could use which will save you money and headaches in the long run. PeopleSoft is expensive, and it requires a lot of skill to implement, but when it is stable and customized to your process, there is nothing better out there for large to extra-large enterprises! Bottom line: If you have a big enterprise with a lot of moving parts, PeopleSoft could definitely be the right ERP for you. It's tried and true and has been since it appeared on the market.
Microsoft 365 (formerly Office 365), dbForge SQL Tools
We use PeopleSoft for general accounting, contracts & grants, capital asset management, HR, Customer Relationship Management (CRM), and so much more. Just about all of our tasks reach some data point in our PeopleSoft instance. It is integral to our success.
50
You really need technical people to help you with PeopleSoft. Our group of talented functional and technical analysts is there to help when something goes wrong, and things do go wrong. It helps that our team is focused and rooted deeply in great customer service.
  • General Ledger/General Accounting
  • Consistent Chart of Accounts across all entities
  • Managing a new Capital Asset from purchase to end of life surplus
  • Offering an employee self-service for the top HR functions
  • Customized pages for award and grant management
  • To provide data to a host of other information and reporting systems
  • Providing more self-service features
  • Helping to automate certain processes
It is at the heart of doing business for us. It's a decision that will need to be in place for our life as a business entity. At least, certainly, my life as a career employee.
Yes
We replaced a homegrown system that we outgrew. It worked well before we became very large and segmented in different locations, but PeopleSoft was needed to bring us to the next level and continue our growth and integration.
  • Product Features
  • Product Usability
  • Product Reputation
PeopleSoft is tried and true in our industry. We considered Oracle Financials, but PeopleSoft took the edge over it because it's been offering our industry the best solutions for decades. The ability to integrate all of our systems in one place, customize to our needs, and grow for the future sealed the deal.
I do not think we could have done any better.
  • Implemented in-house
No
Change management was a major issue with the implementation
As I mentioned before, PeopleSoft is not intuitive. People have a hard time learning how to properly enter data and use the system throughout almost all facets of the implementation. Change management is always a huge ordeal with PeopleSoft, and I have been a part of the CM team on more than 10 implementations in my career. If I have to say lessons learned, it is to train early and often. Do roadshows to help people understand the differences, and show them the product. You cannot, and I repeat - cannot - just throw people into PeopleSoft and expect them to succeed.
  • Custom modules not working with stock modules properly
  • Data input not functioning properly
  • Tables not built correctly and needing updates
  • Testing not thorough enough
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!
We have an in-house group of PeopleSoft experts we carefully curated and recruited, so we do not subscribe to any premium support through Oracle.
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
If you are looking for exceptional support, then Oracle products are not for you. Oracle is profit-driven, and most things end up requiring more expenditures. Unfortunately, in 25+ years of experience working with Oracle Financials and PeopleSoft, I cannot ever recall receiving exceptional support for any issue. I truly wish this was not the case but has always been my biggest sticking point with Oracle products other than the extremely high cost of ownership and operation.
  • Employee self-service
  • Time and Expense
  • General Ledger
  • Cost transfers and funding entry
  • Contracts and Grants
  • Capital Asset Management
Yes, but I don't use it
PeopleSoft is HARD to use, period. Everything except for the most rudimentary functionality requires a massive amount of training and ongoing support. There is nothing intuitive about it, and that is where it leaves a lot to be desired. However, due to the way it integrates so many things, there is little in the marketplace to challenge it when it comes to large enterprises.
Christina O'Steen | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
PeopleSoft Financials is a good program. I use it to balance my budget, purchase items and follow up on items ordered. This program is very useful in tracking orders and items ordered.
  • 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.
I like the program, if a company wanted to use this program I would feel good recommending. Most employees could learn the program in a short period of time.
General Ledger and Configurable Accounting (7)
45.71428571428571%
4.6
Accounts payable
80%
8.0
Accounts receivable
80%
8.0
Global Financial Support
N/A
N/A
Primary and Secondary Ledgers
80%
8.0
Journals and Reconciliations
80%
8.0
Configurable Accounting
N/A
N/A
Standardized Processes
N/A
N/A
Subledger and Financial Process (5)
30%
3.0
Billing Management
N/A
N/A
Cash and Asset Management
N/A
N/A
Travel & Expense Management
70%
7.0
Budgetary Control & Encumbrance Accounting
80%
8.0
Period Close
N/A
N/A
Inventory Management (3)
N/A
N/A
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Order Management (5)
14%
1.4
Pricing
N/A
N/A
Order entry
70%
7.0
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Order Orchestration
N/A
N/A
Payroll Management (3)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Reporting & Analytics (3)
N/A
N/A
Dashboards
N/A
N/A
Standard reports
N/A
N/A
Custom reports
N/A
N/A
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
N/A
N/A
Role-based user permissions
N/A
N/A
Single sign-on capability
N/A
N/A
Grants Management (1)
N/A
N/A
Award Lifecycle Management
N/A
N/A
Project Financial Management (6)
N/A
N/A
Budgeting and Forecasting
N/A
N/A
Project Costing
N/A
N/A
Cost Capture
N/A
N/A
Capital Project Management
N/A
N/A
Customer Contract Compliance
N/A
N/A
Project Revenue Recognition
N/A
N/A
Project Execution Management (4)
N/A
N/A
Project Planning and Scheduling
N/A
N/A
Task Insight for Project Managers
N/A
N/A
Project Mobile Functionality
N/A
N/A
Definable Resource Pools
N/A
N/A
Procurement (5)
16%
1.6
Bids Analyzed and Compared
N/A
N/A
Contract Authoring
N/A
N/A
Contract Repository
N/A
N/A
Requisitions-to-Purchase Orders Integrated
80%
8.0
Supplier Management
N/A
N/A
Risk Management (5)
N/A
N/A
Risk Repository
N/A
N/A
Control Management
N/A
N/A
Control Efficiency Assessments
N/A
N/A
Issue Detection
N/A
N/A
Remediation and Certification
N/A
N/A
Logistics (5)
N/A
N/A
Transportation Planning and Optimization
N/A
N/A
Transportation Execution Management
N/A
N/A
Trade and Customs Management
N/A
N/A
Fulfillment Management
N/A
N/A
Warehouse Workforce Management
N/A
N/A
Manufacturing (5)
N/A
N/A
Production Process Design
N/A
N/A
Production Management
N/A
N/A
Configuration Management
N/A
N/A
Work Execution
N/A
N/A
Manufacturing Costs
N/A
N/A
Supply Chain (3)
N/A
N/A
Forecasting
N/A
N/A
Inventory Planning
N/A
N/A
Performance Monitoring
N/A
N/A
Product Lifecycle Management (2)
N/A
N/A
Proposal Management
N/A
N/A
Product Master Data Management
N/A
N/A
  • Budget tracking
  • Could make budget reports easier to read and understand. Maybe give the option to make the font larger.
  • Datatel
Both about the same I like the new interface of PeopleSoft
PeopleSoft financials seems to always find ways to improve and upgrade. PeopleSoft does a good job keeping up with technology.
Not Sure
  • Price
  • Product Usability
  • Vendor Reputation
I didn't have a voice in the purchase of the product.
I didn't have a voice in the selection of this product
  • Don't know
  • I don't know I wasn't part of the implementation
I wasn't part of the implementation
Because when I have a problem, our staff is well trained and they can answer most of my questions on the first call.
No
We are now using oracle for travel expences. I was having trouble entering in travel the first time. The staff took time to help me figure out the process and gave me a step by step guide.
  • Running the reports is pretty easy. It is user-friendly, easy to understand.
  • Easy to explain to others how to run reports. Can view purchases and see when items have been delivered.
  • Can order from Staples using PeopleSoft, orders from Staples come really fast using this system.
  • Putting in travel, but once you have done it a couple of times it becomes easier.
PeopleSoft financial is user friendly and once you get the hang of it is very useful in everyday accounting.
Laura Leistikow | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
  • 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.
  • With the ease of using reports, I have been able to manage accounts by categories increasing my awareness for profitability.
  • I would like to have a clearer system of entering time/materials into the system. Something to track outside costs before an invoice has hit as a notification would be awesome.
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.
Controls, controls, controls. PRISM is based off of controls, and as long as these are properly set up, PRISM works with ease. I would learn specific terminology and codes that PRISM uses to make sure that the information that you are reading is received correctly. Step by step directions can be found online and through the system books; although I think a short-hand could be written on these as they are overloaded in information at times that don't pertain to what it is that you are actually trying to accomplish by system.
100
Across the board - permissions and usability changes.
Financial, Project Management, Production/Coordination
1
They are administrators and part of the Tech. I don't manage this group so I am unable to know actual qualifications needed to support the Prism system.
  • Financial
  • Organization by categories
  • Reports, reports, reports
  • Using it with an electronic job system, it matches nicely with "Process"
  • Integrating the system into more of a client forward facing system
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