Monday Jan 20, 2014

The Value of Support: The Innovation of PeopleSoft 9.2 and the New Release Model

Recently I, was interviewed about the new innovations in PeopleSoft 9.2.  View this video here to learn more about the modern capabilities in PeopleSoft 9.2 that can help customers, like you, be more productive, reduce costs, and maximize your investment in PeopleSoft. 


I also talked about how Oracle delivers new capabilities in PeopleSoft 9.2 and Oracle's new delivery model for PeopleSoft, which allows Oracle Premier Support customers to choose when they want to adopt new features and functions. 


Supporting Resources

Wednesday Jan 15, 2014

Oracle Releases New Value Adding Capabilities for Oracle’s PeopleSoft 9.2

Continuous Delivery of PeopleSoft Releases Provides Expanded Mobility and Business Process Excellence

Continued investment in Oracle’s PeopleSoft solutions results in the delivery of the PeopleSoft 9.2 Update Image 4.  This deliverable increases the considerable value of PeopleSoft by adding new capabilities to the previously delivered PeopleSoft 9.2 release – without the need to upgrade.  These new capabilities provide expanded mobile capabilities, extend the value of PeopleSoft through integrations, and offer new features that enable business process excellence.  In summary this delivery:

  • Enables customers to add value to their PeopleSoft 9.2 applications with the release of the PeopleSoft 9.2 Update Image 4.
  • Demonstrates Oracle’s commitment to PeopleSoft by continuously delivering additional new features, functions, and enhancements to the existing PeopleSoft 9.2 release.
  • Allows PeopleSoft 9.2 customers to use PeopleSoft Update Manager to selectively apply new capabilities from PeopleSoft Update Image 4 at their choosing.
  • Provides expanded mobile capabilities, extends the value of PeopleSoft through integrations, and enables business process excellence. 

Continuous Innovation of PeopleSoft 9.2 on the Customers Terms

  • Oracle’s new delivery model for PeopleSoft consists of PeopleSoft Update Images being released approximately every 10 weeks.  These PeopleSoft Update Images, like PeopleSoft 9.2 Update Image 4 (the fourth to be delivered) are cumulative.  This means customers can leverage them regardless of what changes have or have not been previously applied.  Customer use PeopleSoft Update Manager to apply changes delivered in PeopleSoft Update Images.
  • Introduced with the delivery of PeopleSoft 9.2 and designed to reduce the cost to stay current, PeopleSoft Update Manager transforms how customers adopt PeopleSoft changes. With PeopleSoft Update Manager, customers can:
    • Get Innovative New Capabilities without Upgrading
    • Take Only the Changes They Want, Tailored to Their Specific Needs
    • Determine When They Adopt Changes
    • Retain Strategic Customizations
    • Get Current Regardless of Prior Changes
  • PeopleSoft 9.2 Update Image 4 provides expanded mobile capabilities for employees on the go with:
    • The new Mobile Project Time Entry solution.  This mobile solution allows customers to accelerate cash flow by capturing billable time from employees regardless of where they are on their mobile devices. 
    • Enhanced existing mobile solutions including: Mobile Approvals extended to Treasury and Mobile eProcurement which now can include punch-out supplier items.
    • Mobile approvals via HTML email.  Now customers can approve over 25 transactions including: job offer, transfer, promotion, purchase order, expenses, and more directly from their email client without having to log into PeopleSoft.
  • Oracle’s PeopleSoft In-Memory Applications are unique solutions that combine best-in-class applications with high performance hardware that enable customers to make smarter decisions, reduce costs, and accelerate business processes.
  • PeopleSoft customers can extend the value of their existing PeopleSoft solutions through delivered integrations to value add Oracle Applications.  PeopleSoft 9.2 Update Image 4 includes bi-directional integration between PeopleSoft Human Capital Management 9.2 and Oracle’s Taleo Recruiting Cloud Service.  This out-of-the-box integration is also delivered for PeopleSoft Human Capital Management 9.1.  In addition, PeopleSoft 9.2 Update Image 4 includes new integration between PeopleSoft Financials and Oracle’s Fusion Accounting Hub to aid customers in consolidating multiple General Ledger systems.
  • New WorkCenters like the Asset Management WorkCenter and the Maintenance Management WorkCenter drive higher business productivity by bringing a user’s work (e.g. tasks, exceptions, and alerts) to them in a single, highly usable and interactive page.  The existing Contracts WorkCenter and the Grants WorkCenter have been enhanced to deliver even more poignant, actionable information like contracts set to expire and grant milestone due dates.
  • The free text search across multiple objects and multiple instances introduced in PeopleSoft 9.2 is expanded in PeopleSoft Update Image 4 to encompass PeopleSoft Supplier Contract Management content.  Users can quickly retrieve accurate and actionable search results for a more efficient search-driven approach to navigating.
  • In addition numerous legal and regulatory updates have been included in this PeopleSoft Update Image, including support for 2013 tax updates E and F for the US.
  • Existing PeopleSoft customers and partners may access release notes including PeopleSoft Financials and Supply Chain Management (FSCM) Update Image Overview (Through Update Image 4) and and various other PeopleSoft 9.2 materials at My Oracle Support.


Supporting Resources

Tuesday May 21, 2013

10 Innovations in PeopleSoft 9.2 - #5 Optimizing Liquidity with PeopleSoft Cash Management 9.2

Liquidity is the holy grail of cash management. Optimizing liquidity is a daily challenge for Cash managers. They have to maintain that delicate balance between having enough cash to make their payments without having too much cash sitting idle in low interest vehicles. PeopleSoft Cash Management 9.2 delivers the much improved Cash Positioning and Forecasting tool to help address this challenge.

Residing in the enterprise makes it really easy for the Cash Position Worksheet to gather transactional data from the entire enterprise. Payments, Receipts, Purchase Orders, Payroll amounts are all directly accessible from Accounts Payable, Accounts Receivable etc. Delivered views enable the Cash Position to access this data from their respective sources. This information is processed against the imported bank statement to get an accurate snapshot of the corporate cash balance position.   What about about the transactions that are not in PeopleSoft that you would want to be reflected in the Cash Position?  PeopleSoft Cash Management 9.2 delivers web services that allows third party data to be brought into the cash position very easily.

We also understand that you want to analyze your cash position across different parameters like Bank Accounts, Currencies, Business Units and more. Instead of creating different worksheets for each of these parameters, our Cash Positioning tool can slice and dice the numbers across four delivered dimensions of Bank, Bank Account, Currency and Business Unit. In addition, users can define their own dimensions for their analysis.

To round this off, there are representative charts to display your numbers on the Cash Position page; a trend analysis graph to show your numbers over the next month and a pie chart to show how the numbers are split up.

Salient features of this tool are

  • Single worksheet that gathers transactions from the entire enterprise
  • 7 day forecast in one single screen
  • Drill down to the transaction from the worksheet itself
  • Graphical trend analysis
  • Pre-calculated numbers that can be sliced and diced across various dimensions

The calculated worksheet can be used for several purposes –

  • Accurate Snapshot of Cash Balances
  • Comparison of Actual vs Forecast
  • What if Analysis with weighted changes to calculated numbers

Accurate, integrated, enterprise-wide cash forecasting is an ongoing challenge facing Cash Managers around the world. PeopleSoft Cash Management 9.2 provides leverage to the Cash Manager by providing a collection area for all banking activity, and that activity can be recognized as inflow versus outflow when it comes to cash. Optimizing liquidity is critical and it is now something that can be managed through PeopleSoft Financials.

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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