11 years and my 2 cents
January 06, 2016

11 years and my 2 cents

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Oracle PeopleSoft SCM

The PeopleSoft financials application has been used by my organization for the last 15 years. The modules used are General Ledger, Accounts Payable, Accounts Receivable, Project Costing, Asset Management, Cash Management, and Billing. The application is used throughout the whole organization in 3 different countries. Having 1 system for all of these functional areas allows us to seamlessly enter, approve, and report on all transaction types.
  • Integration between the subsystems and the General Ledger. Allows you to tailor security and access for your users to only the pages that they need access to all while providing a seamless integration and drillback into the subsystem.
  • Best practices used for business processes. Although very flexible, PeopleSoft gives you the ability to assess your current business process and determine if there are more streamlined ways to operate.
  • Transparency. PeopleSoft provides a multitude of inquiry pages for all different purposes. You will always be able to find one that suits the needs of your users.
  • Need to sort menu alphabetically. I have been a PeopleSoft user for over 11 years and still to this day do not understand why they can't sort the menu.
  • Sometimes the amount of features is burdensome. The application has grown so much that certain modules have so many different fields and drop downs, that are only used by certain industries.
  • Oracle tends to push out functionality at times without thoroughly testing the new features.
  • Faster closing schedule (5 days).
  • Very transparent and everyone has access to the information they need.
  • Approval workflow engine has allowed us to leverage workflow which has greatly improved efficiency.
This application was already in use when I joined the organization.
Oracle is well suited for organizations that want a stable, best in class application. However, there are significant costs associated with licensing and maintenance of the application. Therefore, you must have the funds available to hire a dedicated team to support your users and maintain the application and the required infrastructure.