Monday Feb 03, 2014

Announcing the General Availability of PeopleSoft In-Memory Labor Rules and Monitoring

Organizations are often challenged to increase workforce productivity while managing operating costs, regulatory compliance and employee satisfaction. With inevitable variations between planned and actual labor costs, this balancing act is reliant on organizations being able to fine tune their human capital operations based on real-time business needs. To address this challenge and help organizations achieve a competitive advantage, Oracle has delivered strategic, timely information, focused on the time and labor management process, to managers and HR decision-makers with a new Oracle In-Memory Application for Oracle’s PeopleSoft. Designed to leverage the power of Oracle Engineered Systems and Oracle’s industry-standard PeopleSoft HCM applications, PeopleSoft In-Memory Labor Rules and Monitoring empowers organizations to effectively manage labor costs and policy rules in real-time.   The solution complements PeopleSoft's existing Time and Labor solution.  

PeopleSoft In-Memory Labor Rules and Monitoring enables organizations to:
  • Leverage predefined, easily understood labor policy rules using natural language
  • Use Oracle Policy Automation to create or modify existing rules to simulate, test, and deploy to production
  • Empower managers to make more strategic decisions around employee time and labor by understanding exceptions and trends in overtime, absences, schedule deviations and other related labor data.
  • Improve profitability and optimize resources by harnessing real time data on business needs and labor costs as it occurs.
  • Reduce the risk and cost of non-compliance with labor regulations by pre-delivering labor rules, such as overtime rules.

You can learn more about this new solution here at Oracle.com.    Additional resources can be found at the links below.

In-Memory Labor Rules and Monitoring - Product Data Sheet

PeopleSoft In-Memory Solutions

Press Release

Oracle Policy Automation

 My Oracle Support Home Page 


    Friday Aug 26, 2011

    New PeopleSoft HCM 9.1 Functionality Released

    As discussed on earlier posts the PeopleSoft team recently released several new features for 9.1 customers.    These include:  Single Euro Payments Area (SEPA), Total Rewards Statement, Time & Labor Templates, and new  SCORM 2004 functionality.  The Oracle press release summary can be found  here.

     Media coverage of the release includes this article by Doug Henschen, from Information Week,  where he discusses the PeopleSoft strategy with Jim Holincheck at Gartner:

    Oracle Has Fusion But PeopleSoft Lives On


    Monday Jul 25, 2011

    New - PeopleSoft Time and Labor Templates Made Available

    The Oracle/PeopleSoft Time & Labor team is announcing the new feature - Templates Made Available posted on July 22, 2011.  Templates Made Available for PeopleSoft Time and Labor has been delivered on the Release 9.1 platform and will be rolled into Feature Pack 2.

    The Oracle./PeopleSoft team, working with Customer Focus Groups had one primary objective – to build a tool to help the customers configure and maintain a much wider and flexible set of rules.  Based on feedback from our Customer Focus Group, customers are saying “This is a very positive tool that can save us quite a bit of effort while driving transparency with the rules.” 

    In addition to the posting of Templates Made Available software, please refer to our detailed White Paper on My Oracle Support (Doc ID 1341092.1).

    Thursday Apr 07, 2011

    PeopleSoft Time and Labor 9.1 Adoption of AWE and HCM Delegation

    Prior to Release 9.1, Time and Labor was designed to retrieve all rows requiring approval for employees based on the user's row security. If a user has row security permission to the employee and appropriate component access, the user will be able to approve the employee's time.

     

    The Approval Workflow Engine (AWE), also known as Approval Framework, is the framework providing capabilities to create, execute, and manage your approval processes. AWE is the PeopleSoft standard for any applications wanting to support workflow. AWE is use by over 25 applications within PeopleSoft.

     

    Adopting AWE enables Time and Labor to take advantage of the flexible framework and standardize to current standards within PeopleSoft. Customers have full control to configure their own approval process and take advantage of the different approval actions such as approve, deny, or push back. These approval actions and statuses are displayed in an easy to read approval status monitor. The framework incorporates workflow functionality to send email notifications and/or create and update worklists.

     

    The benefits of using the AWE include the ability to:

    • Approve or deny individual line items in a transaction.

       

    • Approve and deny multiple transactions at the same time.

       

    • Include multiple approvers for individual steps.

       

    • Assign additional approvers and reviewers during the approval process.

       

    • Approve, deny, or push back approvals.

       

    • Reassign approval tasks to another approver.

       

    • Use worklist and email notifications. 

    Additionally for HCM customers, the HCM Delegation Framework is integrated with the AWE. The AWE recognizes when a transaction needs to be routed to a proxy instead of the original manager and documents the routing as such. The Delegation Framework also uses the AWE to handle the delegation request itself, for example when a manager requests one of his direct reports to be a proxy, the AWE actually handles that accept/reject process.

     

    Starting with Release 9.1, the Time and Labor design was modified to retrieve all rows requiring approval for employees based on the User List that is associated with the Approval Process ID defined within the Workgroup or Time Reporting Code.

     

    The User List determines the Operator ID to route the approval. Row Security Permission no longer plays a role in allowing approval and, although a user has row security to the employee and is able to bring up the employee's timesheet or payable time, the user will no longer be able to take approval actions unless AWE designates the user as the pending approver.

     

    We recently posted the HCM 9.1 Time and Labor AWE and Delegation Red Paper and a Frequently Asked Questions document. The goal of these documents is to provide education on this topic and answers to common questions from customers. These documents will serve as a living document and will be continually updated on a quarterly basis.

    About

    This blog is dedicated to topics focused on PeopleSoft Applications, including Human Capital Management, Financials, Enterprise Service Automation, Asset Lifecycle Management, Procurement, Supply Chain and Customer Relationship Management.

    For information about legislative updates to our PeopleSoft Applications see the PeopleSoft Legislative Updates Blog.

    For information about PeopleTools see the PeopleSoft Technology Blog.

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