Avoid “shelfware”
Shelfware, owning/licensing software that it not yet deployed, is an industry issue. Many organizations make significant investments in PeopleSoft, but are not using all of the purchased modules. Leveraging the modules you already own offers a great opportunity to improve business processes and impact the bottom line.
Eliminate cost and risk of legacy applications
Taking advantage of additional PeopleSoft modules allows you to eliminate 3rd party integration costs and retire 3rd party legacy applications. For example, by using PeopleSoft Expenses, you can eliminate 3rd party expense software, removing complexity, simplifying maintenance and support, and reducing risk because all of the expense functionally is already integrated into PeopleSoft. Expense information automatically flows into Accounts Payable and Paybacks to employees, and the accounting of those transactions automatically flow into the General Ledger.
What’s in the cloud?
Up to this point, the discussion has focused on PeopleSoft on-premise implementations. There is an opportunity to enhance and extend your on-premise solution with Oracle cloud applications. The question of cloud vs. on-premise does not have an all-or-nothing answer. For example, many organizations using PeopleSoft on-premise can take advantage of Oracle cloud-based solutions, such as Human Capital Management (HCM), Recruiting and Project Management. These cloud solutions and others from Oracle integrate directly to your on-premise PeopleSoft implementation.
Summary
PeopleSoft has been instrumental in helping organizations run mission-critical business processes for more than twenty years. Yet, many companies don’t spend enough time thinking about how to best optimize their environment. Get the Four Essential Strategies to Optimize your PeopleSoft Environment and you have a proven path to maximizing your PeopleSoft investment to achieve better business outcomes.
