PeopleSoft HCM Product Review in OpenWorld19
September 18, 2019

PeopleSoft HCM Product Review in OpenWorld19

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Reseller

Overall Satisfaction with Oracle PeopleSoft HCM

It is being used across the whole organization. We are using the entire suite of PeopleSoft HCM including position management and commitment accounting in addition to core HR, Payroll, Benefits, Employee and Manager Self Service. There are many interfaces and integrations with Oracle and other third-party systems such as Kronos, Benefitfocus, Open Tempo, and Taleo Enterprise.

Pros

  • Solid payroll system
  • Customization is allowed (good )
  • User-friendly
  • Stable product
  • Customization (bad) which will be an obstacle to move to HCM cloud

Cons

  • Technology update and improvement including latest technology
  • Commitment and continuous support from Oracle
  • UI improvement - Look and feel modern user experience
  • It is doing what it is supposed to do as a solid ERP system even though there is a lack of functionality for improving overall employee/user experience.
PeopleSoft customization has created an issue for customers to move to cloud while trying to keep the functions Oracle HCM cloud might be lacking. However, due to Oracle sunsetting the Taleo performance, we have started the cloud journey with the Oracle Talent Management cloud after comparing different cloud providers such as Workday.
PeopleSoft is a very mature product which has been stable and mature for the last 20 years. It has a solid payroll system. At the end of the day, it's all about payroll!

On the other hand, PeopleSoft is considered a legacy system due to the old data model and lack of investment and support from Oracle. PeopleSoft is not a good candidate for a cloud product since it does NOT offer flexible configurable options compared to Oracle HCM Cloud.

Oracle PeopleSoft HCM Feature Ratings

6.1
Employee demographic data
8
Employment history
8
Job profiles and administration
6
Workflow for transfers, promotions, pay raises, etc.
4
Organizational charting
4
Organization and location management
4
Compliance data (COBRA, OSHA, etc.)
9
6.8
Pay calculation
9
Support for external payroll vendors
8
Benefit plan administration
8
Direct deposit files
8
Salary revision and increment management
5
Reimbursement management
3
6.0
Approval workflow
6
Balance details
6
Annual carry-forward and encashment
6
5.8
View and generate pay and benefit information
6
Update personal information
6
View job history
6
View company policy documentation
6
Employee recognition
5
5.0
Tracking of all physical assets
5
5.7
Report builder
6
Pre-built reports
6
Ability to combine HR data with external data
5
Integration with other HR capabilities ()
Not Rated
6.0
Performance plans
6
Performance improvement plans
6
Review status tracking
6
Review reminders
6
Multiple review frequency
6
6.0
Create succession plans/pools
6
Candidate ranking
6
Candidate search
6
Candidate development
6
5.5
New hire portal
6
Manager tracking tools
5
7.0
Corporate goal setting
7
Individual goal setting
7
Line-of sight-visibility
7
Performance tracking
7
Not Rated
Job Requisition Management
Not Rated
Company Website Posting
Not Rated
Publish to Social Media
Not Rated
Job Search Site Posting
Not Rated
Duplicate Candidate Prevention
Not Rated
Applicant Tracking
Not Rated
Notifications and Alerts
Not Rated

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