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Oracle Fulfills PeopleSoft Support Promise - InternetNews.
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Oracle Fulfills PeopleSoft Support Promise

Oracle completed the first leg of its plan to finish PeopleSoft projects that were underway before it acquired the enterprise software vendor.

The database software vendor delivered a new release of PeopleSoft Enterprise Performance Management, Wednesday. Version 8.9 is one of the projects for 2005 that Oracle told PeopleSoft customers and partners that it would complete as part of its Project Fusion roadmap.

Fusion was one of Oracle's selling points to assure PeopleSoft and JD Edwards customers that they would not need to junk their legacy systems any time soon. Oracle is expected update the rest of PeopleSoft Enterprise this year. Next year, Oracle has promised to deliver PeopleSoft Enterprise version 9.0 and JD Edwards EnterpriseOne version 8.12 along with incremental patches before it combines all of its platforms into one super-software platform in 2013.

Meantime, Oracle said the new Enterprise Performance Management 8.9 comes with pre-packaged content such as analytical maps, models and metrics so it touches pretty much every aspect of the Enterprise Resource Planning (ERP) cycle: Customer Relationship Management, Financial Management, Human Capital Management and Supply Chain Management.

In addition, Oracle said version 8.9 takes data from PeopleSoft Enterprise, JD Edwards EnterpriseOne and JD Edwards World and sources it into a single warehouse environment.

The latest PeopleSoft release also comes with more than 200 predefined Web services-based performance meters so users of other applications can access to the analytical content. For example, authorized users can monitor and track how well their Microsoft Office applications are doing, such as Word, Excel, PowerPoint and Outlook.

Oracle said the underlying infrastructure of the new PeopleSoft application has been simplified with a single data movement tool from Ascential Software. The new metadata management enhancements include a metadata console so managers can quickly understand warehouse structures and content.

Version 8.9 also has better integration between Enterprise Performance Management and PeopleSoft Internal Controls Enforcer, a compliance offering. Oracle said the improvement is good for multinational companies that need to manage multiple reporting structures for both U.S. GAAP and international accounting standards.

In addition, a major new feature to PeopleSoft Global Consolidations focuses on compliance reporting requirements. The software captures activities that affect account balances and provides instant audit trails. For example, if an organization retires or sells a particular asset, that activity can be tracked and noted, Oracle said.

Oracle did not disclose its pricing structure or upgrade procedure for PeopleSoft Enterprise Performance Management 8.9.