PeopleSoftFinancials: great product but needs better reporting and integration features
September 19, 2019

PeopleSoftFinancials: great product but needs better reporting and integration features

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with PeopleSoft Financials

We use it to consolidate data in GL and report to SEC. We are using different modules such as AP, PO, Lease administration, AR, and Billing. It also helps us to pay our suppliers on time. We are using it to streamline our finance and accounting processes. We are using PeopleSoft globally.

Pros

  • Pay rent through lease module
  • Pay suppliers through AP
  • Track and monitor expenses through expenses module
  • Consolidate and report through GL module

Cons

  • 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.
  • It has helped close the books in a timely manner
  • Needs to improve on reporting needs
  • Sec ready reporting is lacking forcing us to go outside to get the services. It would be nice if there was a separate section dedicated for SEC ready reports.
We looked at Workday and Oracle Financials Cloud. We don't feel comfortable with those apps yet. We use lease management which is available in Financials but not in other clouds. Also, inventory management billing and order management features were not mature in the cloud. PeopleSoft has these features. Other cloud solutions are better at reporting.
Ease of use from a financial perspective. The UI for lease admin needs to be more user-friendly. Processes in project costing and contracts module need to be streamlined. User training should be accessible from within the application. It works well with respect to the query tool. The user's interface needs to be optimized in AR.

Oracle PeopleSoft ERP Feature Ratings

7.8
Accounts payable
8
Accounts receivable
7
Global Financial Support
9
Primary and Secondary Ledgers
9
Journals and Reconciliations
6
Configurable Accounting
8
Standardized Processes
Not Rated
6.7
Billing Management
8
Travel & Expense Management
9
Period Close
3
4.7
Inventory tracking
5
Automatic reordering
3
Location management
6
6.0
Pricing
4
Order entry
4
Cost of goods sold
8
Order Orchestration
8
Payroll Management ()
Not Rated
3.7
Dashboards
4
Standard reports
1
Custom reports
6
5.0
API for custom integration
6
Plug-ins
4
8.0
Role-based user permissions
8
Single sign-on capability
8
Grants Management ()
Not Rated
Not Rated
Project Costing
Not Rated
Project Execution Management ()
Not Rated
Procurement ()
Not Rated
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
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated

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