From a Functional Perspective - a PeopleSoft Review
April 10, 2018

From a Functional Perspective - a PeopleSoft Review

Cassandra Rayne Gross | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Accounts Receivable
  • Billing
  • Contracts

Overall Satisfaction with PeopleSoft Financials

PeopleSoft 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 Its interface (although improved greatly with FLUID) appears very outdated, years behind its technical capabilities.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.
  • At my level in the organization, I'm not able to comment on this question.
PeopleSoft is much more appropriate for large organizations than the software programs listed here. I'm involved in a project to bring billing and accounts receivable functions out of "shadow systems" like those listed here and into PeopleSoft, and PeopleSoft is more robust, flexible, and standardizable. We've found it to be an excellent solution.
Well suited for established, large organizations with a large user base and the ability to devote significant resources to design and implementation of a vetted, long-term solution for business processing.

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.

Oracle PeopleSoft ERP Feature Ratings

Accounts payable
Not Rated
Accounts receivable
9
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Journals and Reconciliations
9
Configurable Accounting
10
Standardized Processes
10
Billing Management
9
Cash and Asset Management
10
Travel & Expense Management
7
Budgetary Control & Encumbrance Accounting
8
Period Close
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
10
Standard reports
8
Custom reports
Not Rated
API for custom integration
10
Plug-ins
Not Rated
Role-based user permissions
9
Single sign-on capability
Not Rated
Award Lifecycle Management
8
Budgeting and Forecasting
Not Rated
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
10
Supplier Management
8
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated