Enterprise Human Resource Management 8.9
10 December 2004
PeopleSoft Delivers Enterprise Human Resource Management 8.9
PeopleSoft today announced general availability of PeopleSoft® Enterprise Human Resource Management Solution (HRMS) 8.9, which has more than 250 new product enhancements.
The release includes new functionality for managing workforce issues including contingent workforce management – contractors, consultants, and temporary workers – absence management, and talent acquisition management. Feedback from over 500 customer interviews and usability lab sessions provided input to the development of the release.
“With this new release the
organisation gets far more person centric, and HR can
respond more rapidly to ensure the people are aligned with
the business,” said Ray Kloss, Director Product and Industry
Marketing Japan and Asia Pacific, PeopleSoft. “Diverse and
changing workforce compositions are also better managed,
such as those with heavy temporary and contract workers.”
Today many organisations have a large contingent workforce to manage. Often someone may be employed as a temp, progress to become permanent, but the HR system tracks this same person as two different people. That can cause organisations to insufficiently plan their resources and be unable to report accurately, impacting their performance. PeopleSoft HRMS 8.9 includes the new “person” model architecture – regardless of changes in their workforce status the employee has a single ID, with their data managed through a single repository. HR management can now better respond to rapidly changing business conditions.
This new functionality tracks all employee absences in a single web-based interface, enabling organisations to automate planning and compensation for paid and unpaid time off.
Acquisition Management Newly designed online, self-service
tools, the new Talent Acquisition Manager provides employers
with enhanced contact management, improved search
capabilities, and new configuration options that allow
hiring managers to better track top candidates. The
Candidate Gateway enables job applicants to more easily
search, apply, and track multiple employment opportunities
through a single interface. Recruiters and candidates can
be more efficient during the hiring process.
Total Ownership Experience Enhancements
The new release underwent extensive testing in customer environments and users have reported the following performance gains: 20 percent reduction in overall implementation time 23 percent increase in task completion 16 percent reduction in time across 18 key tasks - Ends -
About PeopleSoft HRMS
PeopleSoft’s HCM solutions currently support the human resource needs of 75 million employees in 167 countries. PeopleSoft HCM is currently in use at more than half of the Fortune 100 and six of the 10 largest global organisations, making it the worldwide standard for Human Capital Management. The combination of PeopleSoft Enterprise, PeopleSoft EnterpriseOne and PeopleSoft World products are the most comprehensive set of HCM solutions from a single vendor in the world. PeopleSoft HCM solutions enable companies around the world to streamline their HR processes, deploy those processes throughout the organisation, and align the workforce to organisational goals and objectives.
To learn more about PeopleSoft Enterprise HRMS 8.9 please visit: http://www.peoplesoft.com/corp/en/products/ent/hcm/index.jsp