PeopleSoft

PeopleSoft

About TrustRadius Scoring
Score 8.1 out of 100
PeopleSoft Financials

Overview

Recent Reviews

Great for complex Payroll!!

10 out of 10
December 12, 2019
We used PeopleSoft Financials at my previous company for our payroll. We had over 30 payroll specialists that used PeopleSoft Financials …
Continue reading

A True ERP System

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

We love PeopleSoft FSCM

10 out of 10
October 02, 2019
PeopleSoft FSCM is used across the church for tracking expenses. It is integrated with several subsystems.
Continue reading

PeopleSoft Financials

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

PeopleSoft Financials Review

5 out of 10
September 18, 2019
PeopleSoft Financials used as primary books of records. Requisition, Purchase Order, Procurement Contract, Accounts Payable, General …
Continue reading

PeopleSoft Financials Review

9 out of 10
September 17, 2019
Our company is currently using an older version of PeopleSoft. We are still deciding if we want to upgrade to a later version or to …
Continue reading
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 140 features
  • Custom reports (24)
    8.6
    86%
  • Accounts payable (25)
    8.1
    81%
  • Standard reports (24)
    8.0
    80%
  • Accounts receivable (24)
    7.6
    76%

Video Reviews

Leaving a video review helps other professionals like you evaluate products. Be the first one in your network to record a review of PeopleSoft, and make your voice heard!

Return to navigation

Pricing

View all pricing
N/A
Unavailable

What is PeopleSoft?

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.

Entry-level set up fee?

  • No setup fee

Offerings

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

Would you like us to let the vendor know that you want pricing?

7 people want pricing too

Alternatives Pricing

What is Zoho One?

Zoho One is a suite product from Zoho Corporation, that combines their sales and marketing application, and also gives organizations a comprehensive set of tools to organize finances, track payables, and manage bills and expenses.

Return to navigation

Features Scorecard

Payroll Management

6.3
63%

Customization

7.0
70%

Security

8.6
86%

Reporting & Analytics

7.5
75%

General Ledger and Configurable Accounting

8.0
80%

Inventory Management

5.5
55%

Order Management

7.6
76%

Subledger and Financial Process

7.7
77%

Project Financial Management

7.4
74%

Project Execution Management

6.6
66%

Grants Management

8.7
87%

Procurement

6.1
61%

Risk Management

5.2
52%

Logistics

9.0
90%

Manufacturing

9.0
90%

Supply Chain

7.9
79%

Product Lifecycle Management

8.9
89%
Return to navigation

Product Details

What is PeopleSoft?

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.

For more information visit https://www.oracle.com/partnernetwork/expertise/license-hardware/peoplesoft-fin-mgmt

PeopleSoft Competitors

PeopleSoft Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

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.

SAP ERP and Pega Platform are common alternatives for PeopleSoft.

Reviewers rate Billing highest, with a score of 10.

The most common users of PeopleSoft are from Enterprises (1,001+ employees) and the Unknown industry.
Return to navigation

Comparisons

View all alternatives
Return to navigation

Reviews and Ratings

 (239)

Ratings

Reviews

(1-25 of 29)
Companies can't remove reviews or game the system. Here's why
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • 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.
October 15, 2019

A True ERP System

Score 10 out of 10
Vetted Review
Verified User
Review Source
  • 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.
October 02, 2019

We love PeopleSoft FSCM

Score 10 out of 10
Vetted Review
Verified User
Review Source
  • 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.
September 23, 2019

PeopleSoft is great!

Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Score 7 out of 10
Vetted Review
Verified User
Review Source
  • 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.
September 18, 2019

PeopleSoft Financials

Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Score 5 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Score 8 out of 10
Vetted Review
Verified User
Review Source
  • 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.
August 28, 2019

Administrator Review

Score 8 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Score 6 out of 10
Vetted Review
Verified User
Review Source
  • 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
Score 5 out of 10
Vetted Review
Verified User
Review Source
  • Single source of record for financial information
  • Manages payroll
  • Student financials
  • User interface
  • Reporting
  • Data access, searchability and visualization of information
  • Mobile friendliness
Cassandra Rayne Gross | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Chantelle Chase | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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
Bennett Walker | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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)
Christina O'Steen | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Score 8 out of 10
Vetted Review
Verified User
Review Source
  • 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.
November 01, 2017

My 2 Cents

Score 9 out of 10
Vetted Review
Verified User
Review Source
  • 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
Return to navigation