Oracle E-Business Suite vs. Oracle PeopleSoft ERP

Oracle Cash and Treasury Management fill the gaps in treasury management with features that are very helpful in building the modern financial system that we so desperately need. It may not be the most intuitive tool on the treasury market, but with a little more practice time, important expense analysis can be achieved. I am confident in this treasury tool for this year 2022 and I would like to recommend it to other companies so that they can also have a better administration.

Incentivized

Well suited for established, large organizations with a large user base and the ability to devote significant resources to design and implementation of a vetted, long-term solution for business processing. Not well suited for very small businesses or businesses whose business processes are changing continuously. Changing PeopleSoft for business process changes/modifications requires significant time and resources due to the design, testing, and implementation tasks involved

Incentivized

• The EBS Oracle Order Management and Shipping Execution solution allows the creation of an integrated, seamless order-to-cash process and accurately capture of customer orders across multiple channels.
• Orchestration of order details for seamless fulfillment execution.
• Efficient shipment planning and confirmation.
• Communication of order status information to customers throughout the order lifecycle.

Incentivized

• PeopleSoft has great development tools to help support the application. The application designer is a robust tool that provides the PeopleSoft Developer a powerful user interface to help support the PeopleSoft Financials application.
• PeopleSoft Financials delivers robust financial reporting capabilities. With the use of nVision, queries, BI Publisher, and trees the Finance team can create all their reporting needs in an automated fashion.
• PeopleSoft Financials has streamlined interfaces from the subsystems to the General Ledger. There is drill back capabilities from GL to the various subsystems to perform streamlined account reconciliations.

Incentivized

• Because the application is working globally, it sometimes hangs and the connection is dropped.
• It should have more shortcuts to make it easier to develop macros. I create many macros and use the "sendkeys" command in VBA, due to the lack of these shortcuts, it is not possible to automate the process.
• For now I can not think of other areas that require improvement.

Incentivized

• Inability to view the results of multiple queries at once in the Query Viewer.
• Although there is excellent integration with Oracle's other products, there is an unacceptable amount of support for other third party vendors.
• Personalization Feature for a Quick-Access Menu. Due to the abundance of features in PeopleSoft SCM, it sometimes takes a while to find that one option as there are so many others in the same menu. It would be nice for a user to be able to drag and drop some options they use frequently into a Quick-Access menu.

After almost 5 years, we have a full control of this ERP System. We are able to implement new functionalities and modules without any major "consulting" expenses. As of today we are making almost 90% of the personalization/customization and implementation all in house. Once [it] is tuned, [it] keeps running very well with no major issues.

Incentivized

PRISM is a great tool to track and watch numerous financial documents. I would like to see more of an integration platform that would control tracking for specific project details. There is currently only a little section for job notes which I would like to see improve. I think navigation could be improved, but isn't the worst compared to some platforms I have worked with as it provides a tree like structure on the backend which helps synchronize information together for fiscal financials.

The various forms - like order entry forms that allow the uses to enter sales orders and the ability to personalize the views based on end user needs - are easy to use and follow standard business processes. The new release has a big focus on usability and forms now have a familiar web look and feel which has increased usability considerably.

The usability is very outdated In my opinion. The screens resemble those of Windows 3.1. Too many clicks and drop-downs or clicks to go to a new screen. The business logic also appears dated and requires an update. Overall, it does not have a pleasing User Interface and should be refreshed, or a new interface should be built from the ground up.

Incentivized

Because of the transactional nature of the system this software is available 24 X 7, and IT is responsible for making sure the system is available during normal business hours.

The performance of the product is very good. Given the transactional nature of the system one of the key focus areas for IT is to make sure performance is not affected for internal reasons. This can also depend on the server configuration and setup. For example, performance on Exadata machine is far superior to other Linux custom systems that companies choose to deploy. In general though, as already pointed out, the platform is now very stable and has few bugs. Whenever there are any issues, the cause is usually customizations that we have made to the platform, rather than out-of-the-box standard functionality.

In general, support has not been great - particularly standard (non premium) support . The main issue is that our IT staff has been using this platform for years and is very knowledgeable Whenever something goes wrong, we usually have a very precise idea of what the problem is. We are skilled at problem diagnosis. But the Oracle support process is very rigid and slow. Typically, we are required to go through a lengthy diagnosis process where they ask us multiple questions sometimes over several days and we are obliged to talk to different people with differing levels of knowledge. Since we already know what the problem is, we really just want a patch or a bug fix, but it takes days to get there instead of minutes. This can be very frustrating. This is a big part of the reason why we pay for premium support. But it's still a bit disappointing.

I can't give them a perfect rating because it does often take a long time and usually more [expensive] to resolve trying issues that cannot be solved by our in-house team. PeopleSoft is complicated, and the mix and match of user-created and stock modules cause problems very often. These usually require more customization to completely fix, requiring more money spent with

Incentivized

The instructors are usually precise and knowledgable, and it's convenient to take online classes whenever available any day of the year.

The key success factors for the implementation was project management, in-house expertise in IT and time. The implementation process started with the initial evaluation with the initial upgrade on a test system and mapping out the gaps and requirements. We did work with Oracle to understand the new functionality R12 had to offer and did another upgrade and researched solutions. With the use of software development cycle procedures there were conference room pilots with IT, business users. We then refined the project plan to the core key details, performed mock go-live implementations and finally upgraded the software. Overall, this was a very successful process.

I recommend that everyone pay special attention to developing a solid testing and training plan if you are even thinking of implementing PeopleSoft. Be ready to obtain good trainers and developers, otherwise, your journey can be unnecessarily painful and much more expensive. Try to stay with an implementation partner who really has your needs at heart, and actually takes the time to understand your organization!

Incentivized

Without knowing what product you have now I can not tell you the stack up. I don't want to tell you that this is better than what you have as I have not seen your setup. What I can tell you is that you can't go wrong with the Oracle name. It's a worldwide name and that alone should be taken into consideration. However, talk to your sales reps. Get all the information. Pay an independent Contractor to evaluate what it's truly going to take before going down this road.

Incentivized

It is pretty much in line with PeopleSoft Financials because it gives seamless integration between Financials and HCM. Also, when you have both the softwares on same technology, it is very cost effective. One of the reason for selecting PeopleSoft Financials and HCM are their capability to customize the business process. We have gone so far that we have built the bolt-on solutions.

Incentivized

As I mentioned, it's a good tool but not the best

Incentivized

• We recently implemented Supplier Portal and Invoice Imaging Solution. This has reduced manual effort and increased speed and accuracy. There is no need for people to key in invoices manually now. Suppliers can flip a purchase order into invoice and Oracle will do all the validations and put the invoice on hold in case of any discrepancy.
• Suppliers are very happy with the supplier portal as they can track the entire lifecycle of the invoice online.
• With automation, we could bill all our customers on time. Oracle collects all the possible costs like payroll and expenses, adds markup, and bills our customers. We could track profitability and margins by project.
• The period close and reporting has become easier and faster with this software. 3 people can close the periods now as opposed to 10 before.

Incentivized

• Positive tracking of ledger information for all areas of the organization. Our organization has multiple business units that require the accurate and complete tracking of transactions and budgetary history going back multiple years, which PeopleSoft Financials has done
• Ability to connect with external vendors easily and to export any and all file types and connect to service operations/web services as well as accept and process transactions from external systems has brought a positive impact
• PeopleSoft provides the framework to reconcile transactions across the organization and within different business units to provide transparency and transactional history for metrics and data analysis

Incentivized