Oracle PeopleSoft Human Capital Management Journal

Oracle PeopleSoft Human Capital Management Journal

Oracle doesn't need much of an introduction, as it's been around since XNUMX and was launched in Santa Clara, California. Since then, it has grown into the largest database management company on the planet, with annual revenues of more than forty million US dollars and more than one hundred and thirty-two thousand employees. It moved its headquarters to “Silicon Hills” in Austin, Texas in XNUMX.

PeopleSoft was originally a company founded in XNUMX and acquired by Oracle in XNUMX. Under the PeopleSoft banner, Oracle offers a number of cloud-based software solutions, including human capital management (HCM), campus solutions, and vendor and purchasing management.

Award

You will need to contact Oracle directly for cost information (Image credit: Oracle)

Packages and costs

One area Oracle's PeopleSoft lacks is pricing. This is because the costs are not on the Oracle site and are not counted in the slightest. Instead, contacting the company is required for a tailored quote with your business credentials, which can be done through a phone call or chat box.

Oracle isn't really honest about costs, as the contenders give this information free on the web. Rather, Oracle really does make you work for this, but if you look up and down, you end up finding a "PeopleSoft Business Cost List". This reveals that the cost is based on the chosen modules. The options are:

Module Component License cost Software update and support Absence management € fifty-two € eleven and forty-four Benefits administration € eighty-five € eighteen and seventy Electronic compensation € thirty-five € seven and seventy ePerformance € one hundred and five € twenty-three with ten Human resources € one hundred and eighty-five € forty and seventy Payroll € two hundred and twenty-five € forty-nine and fifty Payroll interface € seventy € fifteen and forty Pension administration € eighty-five € eighteen and seventy Work time planning € fifteen with fifty € fifteen with fifty € Recruitment solutions € seventy-five € two thousand four hundred and seventy € sixteen with fifty

Note that each of the above charges is the responsibility of the employee, but it is not detailed if the first number is a one-time fee and the second is a recurring fee (and it is not clear if it is annual or monthly). The minimum is that each and every one of the employees is registered, so unfortunately it is not useful to apply this to a single department, to serve as an example.

Although there is no setup fee, PeopleSoft again falls short in that there is no free tier or free trial. It is not detailed if there are contracts and the potential duration.

Features

You can also cooperate and connect with the PeopleSoft community and its developers about features you'd like to see added to your platform (Image credit: Oracle)

Features

PeopleSoft HCM strives to streamline HR processes with a comprehensive solution to meet any and all needs of an organization's busy HR department. Program categories include benefits solutions, HR help desk, global payroll, and time and labor from a multitude of categories, each with a comprehensive, feature-rich approach.

Let's take a closer look at the Recruitment Solutions module to better gauge PeopleSoft HCM's capabilities through the rather difficult process of recruiting an applicant for a position. There is a portal for applicants that can 'create an applicant-friendly homepage', through which applicants can register their CV, job search, profile and also a petition, which then provides a central location for monitoring applications. job search activities of the applicant.

Current vacancies can be viewed by any and all applicants, managers and employees seeking transfer or promotion. Resumes can not only be uploaded, but also created, updated and checked. Candidate Gateway is built to be simple to use, as internal applicants can pull from their existing information for resume building; external claimants also use the system, but they only need to create a new account. On top of this, this Candidate Gateway meets any and all US and European requirements in terms of diversity in hiring. Once an applicant has approved the initial petition, Candidate Gateway continues to be useful for tracking interview schedules, checking job postings, and accessing documents online. An applicant still has the option to accept or decline the online job offer!

Support

Leverage the expertise of over fifty zero users to drive better business results when using PeopleSoft HCM (Image credit: Oracle)

Support

As you would expect from a larger vendor, Oracle offers a variety of support options for this product. Get started with a toll-free phone number, which can handle technical and non-technical issues, such as support for product downloads. In particular, there is also a Telecommunications Transmission Service (TRS) for the hearing impaired. Then there is also the "My Oracle Support" portal. It requires an Oracle connection, but then it allows users to search the knowledge base and also interact with communities. There is also free online training.

Oracle points out that the advantages of a Software as a Service include that it accepts each and every one of the updates, which are "given on a regular basis", and can be both for maintenance and to introduce new functions, which are released quarterly. It is also possible to contribute to the PeopleSoft roadmap.

Not every single support option is free as we couldn't find a fax number, direct support email or chat box.

final verdict

Oracle PeopleSoft HCM is a mature and complete Software as a Service for a human resources department for an enterprise environment. Highlights include the rich feature set such as Applicant Gateway, online support community with direct phone support and online training options, and regular updates. The lows include fairly hard-to-find costs, a lack of certain support options like direct email, fax, and chat, and costs that can get expensive as multiple modules are chosen to suit needs, rather than 'a more comprehensive lump'. . Large organizations should clearly take a close look at this solution if they want a mature and well-established alternative.

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