Tuesday May 12, 2015

Supplier Lifecycle Management – New, Innovative, and Exactly What You Need

It has been over 2 years since Oracle PeopleSoft first introduced the new self-service Supplier onboarding capabilities in Release 9.2. Customers across industries are excited about improving data management and potentially saving hundreds of dollars in administration costs per Supplier by converting their manual onboarding processes to a completely electronic, role-based, template-driven method. New Supplier profile questions in Release 9.2 help customers manage Supplier diversity, certification and other Supplier attributes and attachments. Customers are also taking advantage of the Supplier Administration WorkCenter for centralizing all of the tasks of administering Suppliers, and providing deep visibility and insight into bidder and Supplier registration request profiles through three new Supplier registration pivot grid analytics. Why is this important to you? Because electronically managing the administration activities around a Supplier and making them more self-sufficient frees your staff for more value-added tasks that can save an organization several hundreds of dollars per Supplier. Multiply this savings by your total number of Suppliers and you can quickly see that implementing an electronic self-service Supplier registration tool can conservatively save an organization millions of dollars.

Thanks to PeopleSoft Selective Adoption, we have delivered several additional Supplier Lifecycle Management (SLM) enhancements on top of the Release 9.2 code line, and you will be seeing a plethora of additional SLM enhancements rolled out over time. These enhancements are focused on helping you strategically manage your Suppliers and ensure compliance while improving Supplier performance and relationships. You will notice an improvement in data management and accuracy while reducing Supplier risk, giving you more time to focus on your core business while PeopleSoft helps improve the bottom line. More specifically, we are addressing the challenges we have heard that you are facing around administering and monitoring Supplier-related activity.

For example, inevitably Supplier profile information will change over time and you need a way to capture up-to-date information about your Suppliers while ensuring data accuracy and approvals around Supplier master updates. In Image 11, PeopleSoft introduced the new Self-Service Supplier Change Request, a configurable template-driven tool for capturing Supplier profile changes, and routing these change requests through approval workflow prior to updating your Supplier master.

You may be looking for tools to help you tactically and strategically manage your Suppliers. In Image 10, PeopleSoft added a new Supplier 360 Degree view of all information related to a Supplier that gives you full visibility and oversight into spend, compliance and performance. And from here, you can access the new Supplier Comparative Analysis tool and compare these elements across multiple Suppliers to help identify, for example, opportunities for new contracts or Suppliers that are underperforming.

PeopleSoft has plans to deliver additional Supplier Lifecycle Management capabilities to meet your business needs. We hear from many of you that keeping track of diversity status and other credentials are a challenge, yet a requirement for state and federal reporting mandates that you keep this information current and accessible. You may also have requirements around making sure Suppliers are qualified to do business with you, and remain qualified over time. This could extend to verifying credit risk, making sure up-to-date certifications are on file, signing off on references, proactively monitoring performance and reviewing safety records. Supplier Scorecarding is another capability requested from many of our customers. Scorecarding may include subjective performance indicators such as responsiveness and customer service, and also factor in electronically-captured Supplier key performance indicators to give you an overall Supplier ‘score’. Finally, what is the Supplier’s user experience when they interact with your system using PeopleSoft’s Supplier-side facing pages via the Supplier Portal? It’s important that the application is intuitive and helps guide the Suppliers to the exact information or activity that is most important to them, and most useful for you.

PeopleSoft has been working with our customers to design solutions that are focused on addressing these business needs. Most of these enhancements are planned to be available with a PeopleSoft Purchasing or Payables license with no separate license requirement! Look for new Supplier Lifecycle Management solutions becoming available soon. 

Monday Oct 14, 2013

PeopleSoft Services Procurement Highlighted by Leading Industry Analyst

PeopleSoft Services Procurement, part of the PeopleSoft Supplier Relationship Management (SRM) 9.2 suite of applications, was the subject of a positive article written by Jason Busch of the leading industry analyst firm Spend Matters.

The article highlighted new functionality in PeopleSoft Services Procurement, as well as the value of exploiting the integration advantages of a unified solution across all aspects of the business. For example, enhanced 9.2 integrations enable PeopleSoft Resource Management and Services Procurement to streamline the shifting of a search from internal to external resources, enabling organizations to accelerate the deployment of the best mix of resources (internal and subcontractor) on a project.

In addition, new inbound timesheet integration from external suppliers (via web services) eliminates the need for time sheet entry in two separate systems (customer and service provider). This can reduce the time to approve and settle.

By managing the entire outsourced services process from request through settlement, PeopleSoft Services Procurement enables organizations to lower service costs and collaborate with suppliers, thus helping to balance global workforce needs and contingent labor spend.

The entire Spend Matters article can be accessed here:

Monday Jun 17, 2013

10 Innovations in PeopleSoft 9.2 - #3 Enhanced Supplier and Employee Self-Service in Supplier Relationship Management

PeopleSoft Supplier Relationship Management has introduced enhanced Supplier and Employee self service capabilites in PeopleSoft 9.2.

Self-Service Supplier Onboarding:  New self-service supplier onboarding was introduced in PeopleSoft FSCM Release 9.2 and is part of PeopleSoft’s larger Supplier Lifecycle Management Initiative.

Onboarding new suppliers and managing supplier changes is a major undertaking for many organizations. Often, the tasks that are involved include a combination of online forms, printed forms, emails, fax, phone calls, sticky notes with reminders of supplier changes, and finally manually entering or updating the information into the system and hope there are not too many manual errors. PeopleSoft FSCM Release 9.2 now electronically automates the entire onboarding process for suppliers. Imagine, an intuitive step-by-step configurable registration process that includes Duplicate Supplier Checking, Office of Foreign Asset Control (OFAC) denied parties screening, and approval workflow to ensure that only approved supplier are included in your supplier master; collaboration tools for sending notifications or gathering additional attributes about suppliers; and configurable profile questions for capturing information and attachments to help with Supplier Qualifications. The new step-by-step registration process can be configured to be accessible on your organization’s public website for unsolicited requests, by email invitation only, by your internal employees, or any combination of these three methods. And all of this is included with your existing Purchasing and Payables license only! In addition, the PeopleSoft Strategic Sourcing bidder registration now uses the same self-service registration as used for suppliers, especially useful for onboarding new bidders and suppliers on your public website all through one set of registration pages.


Employee Self-Service: When ordering goods or services through PeopleSoft eProcurement, users are looking for a more intuitive and configurable user experience, mirroring what they are used to seeing on consumer shopping sites. To achieve this, for Release 9.2 of eProcurement, we enhanced the user interface and added configuration capabilities to provide a simple consumer-like shopping experience,
while still allowing for all of the complexity (overriding shipping line and distribution information, and so on) for users who require those features. Enhanced search capabilities and results to support the new Transparent Punchout capability, leveraging our new Secure Enterprise Search (SES) functionality. The search fields that appear will be easily tailored by users to hide irrelevant fields, and the use of role actions will control what capabilities a particular user is allowed. PeopleSoft eProcurement now provides usability enhancements to the Checkout page to provide a cleaner look and feel, with role actions controlling whether a requester can override the shipping line or distribution details. With these new usability and functional improvements, we now provide an intuitive consumer-like ordering experience that can be uniquely tailored for individual users of the system, reducing the need for extensive training and novice user errors, and improving overall efficiency when ordering indirect goods or services.

Check out the new user experience in PeopleSoft 9.2 ePRO by viewing this Video Feature Overview on the PeopleSoft YouTube Channel:  ePRO 9.2

Enabling the Mobile WorkforceEmployees are often called upon to do their daily tasks while away from their desks...meetings, conferences and day-to-day demands on their time sometimes makes it difficult to complete even the most mundane task of requisitioning supplies or requesting a service.  In 9.2, PeopleSoft SRM provides an easy-to-use mobile requisitioning capability optimzed for a personal tablet device that allows a user to quickly and easily enter a requisition by browsing through a catalog, doing a targeted search, or even by accessing their "favorites". Users may interact with the system much like they are used to on the more popular consumer shopping sites.  This new application is delivered as part of the PeopleSoft eProcurement module with no additional license needed.

Check out the new Mobile ePRO application delivered in PeopleSoft 9.2 by viewing this Video Feature Overview on the PeopleSoft YouTube Channel: Mobile ePRO

Oracle is continuing to invest in PeopleSoft Applications and Technology to deliver value to your existing PeopleSoft Supplier Relationship Management investment.  Please visit the following website to get more information on what PeopleSoft 9.2 provides for your organization: www.peoplesoft92.com

Monday Oct 29, 2012

Oracle Consulting North America is now live on PeopleSoft Services Procurement and PeopleSoft Resource Management

Last month, Oracle's own internal consulting group (OCS North America) went live on PeopleSoft Services Procurement and PeopleSoft Resource Management to manage all aspects of identifying, recruiting, and deploying billable subcontractors on North America Applications customer consulting projects. The primary goals were to enhance the subcontractor staffing process, improve operational and informational processes, and improve collaboration between the Oracle NA Consulting Subcontractor Program and subcontractor suppliers.

Over 200 registered external suppliers access the tool, review open needs and competitively bid their resources to work on NA Applications projects.

This implementation highlights the usage of Oracle’s own solutions to streamline and enhance business operations, as the PeopleSoft 9.1 applications (Services Procurement and Resource Management) were deployed using Sun hardware, Oracle Enterprise Linux, and Oracle Virtual Machines.

For more information, please navigate to the following web pages:

Thursday Feb 16, 2012

Financials and Supply Chain Management 9.1 Feature Pack 2 Delivered!

As part of our continuous delivery strategy for PeopleSoft applications, today we announced the completion of PeopleSoft 9.1 Feature Pack 2  for Financials and Supply Chain Management.    This includes new features across Supplier Relationship Management, Enterprise Service Automation, Asset Lifecycle Management, Core Financials, and Supply Chain Management applications.     Please see the attached press release for details and additional links:

Oracle’s PeopleSoft Financials and Supply Chain Management 9.1 Feature Pack 2 Delivers New Capabilities that Enhance and Streamline Business Processes

 For more details on our Continuous Delivery Model, check out the Youtube link here:

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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