Item: Oracle PeopleSoft HCM
Rating: 6
Author: Verified User

Use Cases and Deployment Scope

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 and Cons

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

Technology update and improvement including latest technology
Commitment and continuous support from Oracle
UI improvement - Look and feel modern user experience

Return on Investment

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.

Alternatives Considered

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.

Other Software Used

Kronos Workforce Central

Likelihood to Recommend

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.

PeopleSoft HCM Product Review in OpenWorld19

Overall Satisfaction with Oracle PeopleSoft HCM