Cloud-based PeopleSoft IT Asset Management (ITAM) allows companies to manage the whole lifecycle of IT assets, streamline equipment provisioning, and notify them when leases are coming to an end. The Oracle Cloud offers significant cost savings and operational benefits when you run PeopleSoft. Oracle’s enterprise cloud platform is the only way to migrate PeopleSoft, its database systems, and its app ecosystem to the cloud. The automated cloud migration and lifecycle management processes are only available with Oracle cloud-based PeopleSoft implementations.
Clients can keep an eye on their hardware and software inventories using the application’s interactive workspace to keep track of approved and unauthorized license distribution. IT managers can gather usage data and reconcile the discovered data with the asset repository they own and maintain using rules-based configurations. Team members can detect and configure underutilized assets during deployment and staging. By utilizing code mappings in external settings, asset reporting uses the same vocabulary throughout the organization.
How does the process work?
Small and medium-sized organizations (SMBs) use PeopleSoft HR software. By utilizing the software’s suite of highly scalable apps, users can find a unique solution to meet their complex business needs. You can access all your company’s transactions through PeopleSoft. Using HR technology to centralize and automate your transactions can help your organization reduce compliance and cost challenges. It offers HR functionality elements that can be used to improve company performance, efficiency, and risk reduction. Benefits and payroll, time and labor, and more are all simplified by PeopleSoft’s HR components. From a single location, users can update vital information whenever necessary. Thus, data processing could be more efficiently organized, and employees could keep track of their own performance and share it with others.
Here are some of the most important features:
Management of employees:
PeopleSoft’s policies and controls protect your workforce, including projecting workload demands and labor, tracking working time and absences, and organizing and recognizing work schedules. If you use this method, your team will be more productive and efficient.
Human Capital Management:
As your company conforms to the regulations and expectations of the global marketplace, PeopleSoft provides policies for constant reinforcement and a source of truth in reporting business metrics. The company’s important data and your privacy are even protected with “embassy-grade” security.
Labor laws and management controls:
Organizations can control costs by analyzing essential employment data, such as overtime and unplanned absences, in real-time. All managers can access and utilize a single platform, which streamlines the entire process. Requests can be approved and rejected, and any disagreements can be addressed.
Easy to use:
Along with having one of the most versatile customer data models on the market and an extremely customizable, tightly integrated platform, PeopleSoft will solve any problems you encounter quickly. PeopleSoft offers a variety of customized and adaptable solutions for all aspects of a company, all of which may be implemented in an intuitive way.
Management of Human Resources:
PeopleSoft is used for recruiting, planning, and learning. In addition to that, there are other factors like salary, performance, and so on.
Workforce Customer Service:
HR departments may benefit from this functionality by reducing their workload. The most important tasks can be completed in a short period of time, which improves teamwork.
The thing you like best?
Oracle PeopleSoft has been around for a long time and is an excellent place to start. You can generate reports using several HR-related data fields (anything you put in can be pulled out via reports). Even though it may be more affordable for small and medium-sized businesses, it requires considerable HRIS and IT assistance to be maintained and customized after implementation.
What do you dislike?
Unfortunately, the Oracle PeopleSoft reporting interface can be difficult to navigate at times. HRIS team members cannot provide HR team members with assistance efficiently. In the absence of a graphical user interface (GUI), non-HR managers may find it difficult to use the application for self-service.
Larger organizations with more complex workflows need human capital management software like PeopleSoft. However, I discovered benefits that even small businesses can take advantage of because I believe in getting the most for every dollar spent. It is still worth considering, even if PeopleSoft is more expensive than other solutions available, especially since Oracle is behind it. It’s easy to meet even the most complex business requirements with Oracle’s PeopleSoft applications. Their all-inclusive, industry-wide solutions help companies improve efficiency while at the same time lowering operating costs.