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Oracle PeopleSoft ERP

Score6.8 out of 10

276 Reviews and Ratings

What is Oracle PeopleSoft ERP?

Oracle's PeopleSoft ERP (or PeopleSoft FSCM) is a software solution used to reduce costs by automating and centralizing global transactional processes and the enterprise entire supply chain. Oracle states they have extended support for PeopleSoft to 2034.

Top Performing Features

  • Order entry

    Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

    Category average: 8.2

  • Primary and Secondary Ledgers

    Record and report across multiple currencies and accounting standards with primary and secondary ledgers

    Category average: 8.1

  • Journals and Reconciliations

    Automate and synchronize ledgers and processes

    Category average: 8.2

Areas for Improvement

  • Control Management

    Establish and update risk and controls matrix, control test plans, and instructions

    Category average: 7.1

  • Issue Detection

    Detect and create issues as part of the assessment flow

    Category average: 6.8

  • Remediation and Certification

    Create and update remediation plans and certify controls

    Category average: 7

PeopleSoft - Still the best ERP for very large enterprises!

Pros

  • Integrating with other systems
  • Providing a consistent user interface
  • Automating workflow

Cons

  • Standardizing added and updated modules
  • Updating old modules with newer UI and features
  • Adding more in-application help

Return on Investment

  • Efficiency and integration saves us dollars
  • PeopleSoft is expensive to customize, however
  • A larger learning curve costs us more up-front, as PeopleSoft is not easy to use and understand
  • We manage our grants with much higher efficiency, allowing us to get more grants at higher dollars

Alternatives Considered

Oracle Cloud ERP and Workday Cloud Platform

Other Software Used

Microsoft 365 (formerly Office 365), dbForge SQL Tools

Usability

PeopleSoft ERP is an Industry Leading Software but needs Updating.

Use Cases and Deployment Scope

It is the main financial, HR, and backbone ERP system of our organization. From employees to back-office personnel, it is a one-stop application that handles billing, payroll, HR functions, financial tracking, and more. This system is similar to using the SAP ERP system for a large global organization. This application system encompasses all areas of business.

Pros

  • Provides a configurable ERP Solution.
  • Can be used for all facets of business.
  • Dependable.
  • Proven Solution.

Cons

  • Hard to configure.
  • UI is outdated.
  • May not adapt to all businesses.
  • Needs to be updated.

Return on Investment

  • Cuts down on manual activity that needs to be done.
  • Better forecasting for future business.
  • Great ability to track cost.
  • Great for tracking employee performance.

Usability

Alternatives Considered

SAP Concur, SAP Business Technology Platform, Workday Human Capital Management and Workday Payroll and Workforce Management

Other Software Used

Microsoft Copilot, SAP Concur

Best HRMS solution by Oracle

Use Cases and Deployment Scope

I have used Oracle PeopleSoft HRMS ( Human Resource Management Systems) solution for our organization for manage the Employee data and lifecycle management.

Pros

  • used for managing payroll data
  • manage employee's file and access timesheets
  • employee LJM lifecycle

Cons

  • regular needs for patches and updates require careful planning to avoid disruptions.
  • Limited Customization options

Return on Investment

  • Really this product is very good and value for money

Usability

Alternatives Considered

HROne HRMS Software and Figma Dev Mode

Other Software Used

Barracuda Email Protection, CrowdStrike Falcon, SAP Concur

PeopleSoft for High Education

Use Cases and Deployment Scope

Oracle PeopleSoft ERP is used for nearly all of my daily business operations, including Human Resource management, course scheduling, student course enrollment, and some functions of budget management. It's comprehensive and fairly intuitive to navigate. It some regards the system is simple and seemingly dated, but it functions as it should and sometimes simple is better.

Pros

  • Reports
  • Organization
  • Data maintenance

Cons

  • Streamline panels so that more can be done in one section
  • Allow for customized reports to be created on the fly by the end user
  • Expand the functionality of the budgeting aspect

Usability

Alternatives Considered

SAP Concur

Other Software Used

SAP Concur, Google Drive, Interfolio Dossier

Oracle PeopleSoft ERP Review

Use Cases and Deployment Scope

We use Oracle PeopleSoft ERP software for our employee self-service, where state employees can view personal information, such as their paychecks, tax forms, and leave balances. We also use it for training and performance material, so employees can complete their required trainings. It helps address the problem of having multiple databases to address employee information.

Pros

  • Consolidates employee information into a single screen that is easily readable
  • Allows for employee training programs
  • Easy to navigate the different tabs

Cons

  • Could make more things on the home screen without having it be a separate tab

Return on Investment

  • Has saved the state tens of thousands of dollars in data base management costs
  • Saves time in navigation costs by keeping data in one space

Usability

Other Software Used

Microsoft 365, eCivis, IBM Apptio