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Fast facts on Oracle PeopleSoftPrice determination: Contact Oracle for pricing details key features:
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Oracle PeopleSoft is a people and technology management solution designed to meet the human resource needs of a larger and more complex organization. PeopleSoft was founded in 1987 by Ken Morris and David Duffield and was later acquired by Oracle Corporation in 2005. PeopleSoft provides organizations with a suite of business management applications and modules covering enterprise resource planning, financial management and more.
Look: Read about the Best HR Analysis Tools and Software for Your Business in 2023.
These applications help businesses automate and streamline workflow processes, increase efficiency, and reduce costs. For example, PeopleSoft’s human capital management solution helps users manage human resource functions such as employees and their personal information. Its customer relationship management solution helps users manage and nurture leads until they become paying customers. With a financial and supply chain management system, businesses can manage their payroll, inventory, and track shipments.
If PeopleSoft doesn’t meet your enterprise needs, we also analyzed its top competitors to help you determine the best option for your organization’s needs.
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1
wave
Ripple is the first way for businesses to manage all of their HR, IT and finance – payroll, benefits, computers, apps, corporate cards, expenses, and more – in one unified workforce platform. By connecting every business system to a single source of truth for employee data, businesses can automate all of the human tasks they would normally need to perform to make employee changes.
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2
Paycore
Payroll can be a time-consuming, administrative task for HR teams. Paycor’s solution is an easy-to-use yet powerful tool that gives you back the time in your day. Pay employees quickly and easily, wherever you are, and never worry about tax compliance again. Key features such as general ledger integration, accrued pay access, autoruns, employee self-service and detailed reporting simplify the process and help ensure you pay employees accurately and on time.
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3
onpay
Payroll and HR that point you in the right direction. We give you everything you need to navigate payroll, HR and benefits – so you can run your business with ease.
Get your first month free, or join a demo to see all we can do!
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Oracle PeopleSoft Pricing
Pricing for PeopleSoft is available on demand. Actual cost is based on product, features, license metrics, number of users, and support. To receive an estimate for your company, contact the PeopleSoft sales team to request a quotation.
Generally, users’ feedback on review sites suggest that the tool is moderately priced and offers value for money.
Oracle PeopleSoft Key Features
human capital Management
PeopleSoft HCM provides a suite of applications to help manage the entire employee life cycle from recruitment to onboarding and ultimately offboarding (Figure A, Its core HR applications allow organizations to manage employee data, compensation and benefits, performance management, succession planning and career development. It also includes workforce analysis capabilities to help you gain insight into employee performance and inform HR decisions.
Figure A
With PeopleSoft HCM, organizations can access employee data and adjust to the changing needs of their workforce. It also provides payroll processing, time and labor management, and compliance reporting.
Financial and Supply Chain Management Systems
PeopleSoft FSCM is designed to help organizations manage their financial and supply chain operations. The platform offers various integrated solutions for accounts payable, accounts receivable, general ledger, asset management, budgeting, forecasting, and cash management, as well as supply chain solutions, such as supplier relationship management, inventory management, and order fulfillment.Figure B,
Figure B
It gives visibility into an organization’s financial and supply chain processes to help them track their progress, identify areas for improvement, and manage their finances efficiently.
performance management
Businesses need to be able to monitor the performance of each team member to ensure that all hands are on deck towards achieving company goals. PeopleSoft enables employees and managers to provide development feedback to anyone in the company at any time.
The tool also supports check-ins, enabling employees and managers to have 1:1 discussions about their tasks, progress, challenges, and other relevant topics – easy for managers to measure each team member’s performance and help the team This makes it possible to compare overall performance. The feedback loop from the performance tracker allows team members to identify areas where improvement is needed and take corrective action.
enterprise service automation
PeopleSoft ESA is available for Project Managers, Program Managers, Service Controllers and Department Managers (Figure C, It is ideal for project-focused enterprise organizations or departments, allowing them to manage projects through their lifecycle from start to finish.
Figure C
ESA’s key capabilities include:
- Project portfolio management.
- program management.
- resource management.
- Proposal Management.
- Project Billing.
- project cost.
- Grant.
- Mobile time and cost.
- contracts.
- expenses.
With ESA, users can easily track, monitor and manage all project and service related activities from a centralized platform. The highly configurable system enables users to tailor it to their specific needs.
Oracle PeopleSoft Pros
- PeopleSoft is feature rich.
- It offers comprehensive modules covering all aspects of running an organization.
- The tool is updated frequently.
- Employers or managers can use it to document and track employee information.
- Includes tracking and monitoring performance, learning and development.
Oracle PeopleSoft Cons
- Users report that the tool is difficult to learn and use.
- Initial setup is complicated.
- Users report that PeopleSoft is generally slow to perform tasks such as generating reports.
- It lacks transparent pricing.
Oracle PeopleSoft Alternatives
weekday hcm
Workday is a cloud-based HCM designed to help businesses manage their people, processes, and technology. It assists organizations with employee onboarding, performance management, compensation and benefits administration. Apart from being HCM solutions, their core is also the same. Tech entrepreneur David Duffield founded Workday and PeopleSoft — and both solutions are competing to rank among the best HR software. Workday HCM is suitable for organizations and businesses looking for an easy-to-use platform to manage their human resources and finances.
Price determination
Like PeopleSoft, Workday HCM doesn’t advertise its rates on its website. Prospective buyers should contact our sales team for a quotation.
Paylocity
Pelocity is a cloud-based payroll and HR software provider. It offers payroll processing, tax filing, workforce and talent management, time tracking and benefits administration services. The software helps employers automate payroll tasks, manage employee data, and track time and attendance. Paylocity is considered a mid-market HR information system suitable for small to medium-sized businesses. Businesses with location-independent teams may also want to consider Paylocity, as it offers global payroll support for over 100 countries.
To learn more, read our comprehensive Pelocity review.
Price determination
Paylocity pricing is available upon request.
review method
We collected product data directly from the Oracle website including features and target customers. We also read product documentation, white papers and datasheets. In addition to our primary research, we collected user experience data from third-party review websites such as Gartner and other resources to learn about current and past user experiences.
