PeopleSoft ERP software aims to help enterprises recruit and retain top talent, while offering financial and supply chain modules.
Oracle PeopleSoft ERP is an on-premises system designed to provide end-to-end business process management and support for organizations, beginning with administrative functions like HR and finance and extending into supply chain management. The sweet spot of PeopleSoft ERP has historically been human capital management (HCM), an important focus of many companies, given the need to recruit, manage and develop the right talent in a highly competitive marketplace. As an on-premises system,Oracle PeopleSoft can run in Windows, Linux, UNIX and IBM mainframe environments.
There are several main functional categories in PeopleSoft ERP. They are:
HCM: Comprising functions revolving around HR policies and reporting that is able to incorporate the local regulations and customs for each country in which an organization has employees. The HCM component also features workforce management, which handles the scheduling of labor, tracking of time and absences, labor forecasting for workload demands, and adherence to labor laws and pay rules.
There is talent management functionality in PeopleSoft HCM that can integrate with both PeopleSoft and other HR software. It covers all phases of the talent lifecycle, from planning, recruiting, performance, learning and career development; to succession planning, compensation, talent reviews, measuring and reporting. PeopleSoft HCM additionally provides personalized HR self-service for employees, based on the role each employee plays in the organization as well as on the employee's native language and other operational requirements.
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