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Table of Contents
ERP is the acronym for “Enterprise Resource Planning” (ERP), namely the planning of the company’s resources. It is a business process management software that manages and integrates a company’s finance, supply chain, operations, reporting, manufacturing, and human resource activities. The majority of organizations have some type of financial and operating system, but most software of this type does not go beyond day-to-day business processes and cannot contribute to future business growth.
As the needs of society vary and grow, systems must adapt to them. We will define ERP and explain why it is a good choice to set up software that adapts to your business needs.
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What is PeopleSoft?
The purpose of this audit program is to examine and evaluate general controls related to PeopleSoft Human Resources and Financial Management Applications. The audit tests general controls in the areas of change control, configuration security, access management, and operations. Focus is on agencies that use directly from PeopleSoft and are supported by technology services.
PeopleSoft is a system used for a variety of business functions such as key human resources functions (payroll, employee benefits, time and labor) and Finance (General Ledger, Accounts Payable, Purchasing, Projects and Grants, Asset Management). PeopleSoft is an enterprise resource planning (ERP)system, which allows integration of business functions and a single access control model.
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What is an ERP system?
The term ERP refers to Enterprise Resource Planning, which means “enterprise resource planning system.” These programs take care of different internal operations of a company, from production to distribution or even human resources.
ERP systems represent a great investment for companies. According to a 2013 survey by Panorama Consulting, 40% of companies that purchase an ERP notice an increase in productivity. The ERP Guide shows the differences between the most popular ERP systems on the market, their price, and a review of ERP providers.
In addition, ERPs offer integration with BI or Business Intelligence solutions, allowing you to report on the status of your company directly with data from the ERP system.
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10 reasons why PeopleSoft is an ERP system
An ERP or Enterprise Resource Planning system is an enterprise resource planning system that focuses on the management of production, logistics, distribution, invoices, and accounting.
Streamlines decision making. The ERP system is capable of centralizing and unifying all the data of the different departments of the company. In addition, both managers and middle managers have access to that information in real-time.
Flexibility. ERP systems work through modules. That is, you can implement the departments that are needed at any time and create other modules or functionalities as necessary.
Avoid duplication. Thanks to ERP, each department of the company is aware of the actions being carried out by the rest of the work teams. Therefore, the duplication of tasks or reports is eliminated.
Better internal communication. In the same sense as the previous point, ERP improves internal communication between the different departments, facilitating collaborations that can be very productive.
Customization. As mentioned, ERP systems are modular and, therefore, very flexible. This facilitates the implementation of a tool fully adapted to the characteristics of each company.
Greater control and traceability. It allows you to track the product from start to finish, that is, from the arrival of the raw material until the item reaches the customers.
Tasks are automated. Some of the more mechanical and expensive tasks that were carried out by hand (invoices, delivery notes, …) are automated, and the human team can dedicate themselves to more productive functions.
Efficiency is gained. With automation and the reduction of errors and duplications, costs are reduced, and competitiveness is gained.
Integration of suppliers and customers. If you want, you can go one step further in the ERP system and include suppliers and customers in the chain.
All the advantages mentioned above are focused on the same objective, improving the performance of the company and, therefore, increasing profits.
10 reasons why PeopleSoft is not an ERP system
There are several guarantees that come with the implementation of enterprise resource planning (ERP) software. From solving your service delivery problems, collecting data to saving costs, implementing an ERP solution can bring numerous benefits to any business. However, there are many things that can go wrong during and after the deployment process. Unfortunately, most of these problems cannot be fixed simply by throwing money away.
- Lack of setting realistic expectations
- Failure to embrace change
- Lack of commitment from key stakeholders
- Lack of competent project managers
- Failure to align or modify the system with business processes
- Limited budget for complimentary software
- common application deficiencies should be ignored
- Extreme trust in consultants
- Upload the implementation process to the IT department
- Lack of adequate training of end-users
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PeopleSoft Modules
TDM accelerators contain entities for PeopleSoft business application modules.
PeopleSoft contains the following business application modules:
FEX – Travel and expenses
The following table describes the use and filter criteria of the entities of the FEX – Travel and Expenses module:
Entity
Use
PS_EX_ACCTG_LINE
Transfers the expense accounting details to the destination.
Use the date columns in the starting table for filter criteria.
PS_EX_ADV_HDR
Transfer the cash advance data to the destination.
Use the date columns in the starting table for filter criteria.
PS_EX_AIR_TKT_HDR
Transfers details of credit card transactions for expense sheet processing to destination.
You can use the following default leading table columns for filter criteria: CC_TRXID, TRAN_DATE, POST_DATE, CARD_TYPE_VENDOR_TYPE, and EMPLOYEE_ID.
PS_EX_SHEET_HDR
Transfer the details of the expense sheets to the destination.
Use the date columns in the starting table for filter criteria.
PS_EX_TAUTH_HDR
Transfers the travel authorization details data to the destination.
Use the date columns in the starting table for filter criteria.
PS_EX_TIME_HDR
Transfer the details of the weather reports to the destination.
Use the date columns in the starting table for filter criteria.
PS_EX_TRANS
Transfer details of employee transactions from My Portfolio to the destination.
Use the date columns in the starting table for filter criteria.
PS_PAY_REQUEST
Transfer the details of the expenses for payroll requests to the destination.
You can use the following default leading table columns for filter criteria: EMPLID and EX_DOC_ID.
PS_TV_EMPL_PROFILE
Transfer employee travel reservation details to the destination.
Use the date columns in the starting table for filter criteria.
PeopleSoft Tutorial
In the Azure portal, on the application integration page for SSOGEN – Azure AD SSO Gateway for Oracle E-Business Suite – EBS, PeopleSoft, and JDE, find the Manage section and select Single sign-on.
On the Select a single sign-on method page, choose SAML.
On the Configure SAML Single Sign-On the page, click the edit or pencil icon to open the Basic SAML Settings dialog and modify the settings.
In the Basic SAML Configuration section, if you want to configure the application in IDP- initiated mode, enter the values for the following fields:
In the Reply URL text box , type a URL with the following pattern:https://.ssogen.com/ssogen/login?client_name=
Click Set Additional URLs and follow this step if you want to configure the application in SP- initiated mode :
In the Login URL text box , type a URL with the following pattern:https://.ssogen.com/ssogen/login?client_name=
The SSOGEN – Azure AD SSO Gateway for Oracle E-Business Suite – EBS, PeopleSoft, and JDE application expects the SAML assertions in a specific format that requires you to add custom attribute mappings to the SAML token attribute configuration. The following screenshot shows the list of default attributes, where the name identifier is mapped with the user. userprincipalname. The SSOGEN – Azure AD SSO Gateway for Oracle E-Business Suite – EBS, PeopleSoft.
Peoplesoft features
To discuss some of the available features of Oracle PeopleSoft, you can take advantage of:
Notifications, Change management, Problem management to improve productivity.
All you need to do is connect to the Internet to access Oracle PeopleSoft through the software as a service or SaaS model. Oracle directly manages everything related to the maintenance of the software, as well as the update. The SaaS model also enables you to benefit from software storage, a service backed by Oracle, to make your life easier.
Seamless integration of ERP with other applications means a faster shutdown.
PeopleSoft is reduced integration times and improved efficiency with Oracle Cloud applications in a heavily regulated financial industry. There are many other IT asset management programs available – go to the Compare category to learn more about the alternatives our service offers outside of Oracle PeopleSoft.
People soft Oracle
Oracle has announced that PeopleSoft Human Capital Management 9.2, PeopleSoft Financials 9.2, and Supply Chain Management 9.2 will be available on Friday, March 22. Below fragments of the press release.
PeopleSoft 9.2 offers an innovative user experience with new, expanded product functionality while reducing the total cost of ownership. As with PeopleSoft 9.1, Oracle plans to continue bringing new capabilities to PeopleSoft 9.2 through feature packs. With the release of PeopleSoft 9.2, Oracle will provide upgrade scripts and the multi-language version of this release, the first for PeopleSoft applications. This enables PeopleSoft customers around the world to start the PeopleSoft 9.2 application immediately and take advantage of its benefits sooner.
A number of customers and partners who have been working with Oracle as the first users of PeopleSoft 9.2 have already started their implementation and upgrade projects. Oracle collaborating partners: Accenture LLC, BTR group, Solutions Cardinal Point, Cognizant, CSC, Deloitte Consulting, Ellie, Grey Heller, Huron Consulting Group, Infosys, KPMG, MIPRO, Newbury Consulting Group, PwC, Consulting LLC Regents, Smart ERP Solutions, Succeed Consultancy LLC, Wipro, and Zanett.
Peoplesoft login
To implement single sign-on in Oracle’s PeopleSoft, you must create a user profile, change the People Code role, and enable it as a single sign-on.
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Create a User Profile
In the Oracle PeopleSoft application, create a new user profile and associate a low-security role, such as the PeopleSoft user. As an administrator, log in to a PeopleSoft module.
From the menu on the right, select People Tools, Security, User Profiles, and then click Add a new value. In the User ID field, enter IDCSPSFT (in uppercase), and then click Add. On the User Profiles page, click the General tab and do the following:
· Enter and confirm the new password.
· Select SYSADM1for the symbolic identifier.
· Click the ID tab and select Nonunion in the ID Type field.
· Click the Roles tab and enter the usurious de PeopleSoft as the role name in the User Roles section.
· Click Save.
· Modification of the web profile
You can modify the property settings for any web profile using Oracle’s PeopleSoft Web Profile Configuration component, including the portal security page.
Click Save.
Peoplesoft training
User Benefits By taking this course, you will gain experience managing day-to-day administrative tasks such as creating and maintaining the course catalog, importing content, managing enrollment, waiting lists, and rates and responses. To course requests. You will also learn how to use the Permission lists to control administrator options and implement an electronic signature to keep track of manual certification updates. Features that support French regulatory requirements, including report 2483, are also covered. Note The PeopleSoft Academic Management Version 9.2 course addresses only the concepts related to the Academic Management application. The class does not cover the business process of human resource application management training.
Oracle People Soft Login
Take advantage of significant cost savings and operational improvements when you run PeopleSoft in the Oracle Cloud. Oracle offers the only no-compromise enterprise cloud platform for moving PeopleSoft, its associated database systems, an ecosystem of apps to the cloud. Only PeopleSoft deployments running in Oracle Cloud have access to PeopleSoft Cloud Manager, which automates routines for cloud migration and lifecycle management.
Most Oracle Database customers are dissatisfied with increasing annual maintenance fees and expensive mandatory updates. They express disappointing customer service experiences from the Oracle Database support team and find that they are receiving few, if any, valuable enhancements. Other common concerns include improving database performance and availability, as well as ensuring comprehensive database security. Rimini Street provides independent support that addresses these Oracle Database maintenance concerns while offering a higher return on investment on current versions of Oracle Database.
Peoplesoft financials
Before we delve into studying the PeopleSoft Financials applications, we need to understand that it is primarily an ERP application, meant to be used as a transaction processing system. Its core philosophy is driven by the need to record, process, and report accounting transactions of an organization.
In this part, we’ll set up the comprehension of center ideas of PeopleSoft applications, for example, Chart of Accounts, Business units, SetIDs, Banks, User inclinations, and related setups. We’ll likewise figure out how to utilize a significant instrument known as Setup Manager, which is utilized in actualizing PeopleSoft applications.
These ideas are not identified with a particular module and fill in as the establishment for all ensuing modules in this book. A PeopleSoft Financials specialist should comprehend these angles to have the option to effectively keep up and execute the applications.
End:
There is the same number of explanations behind effective ERP usage as there are for bombed ventures. Nonetheless, achievement is by all accounts estimated by whether the task came in on schedule and under financial plan. While, completely using the framework to accomplish improved strategic policies has all the earmarks of being disregarded. Execution estimates should be created and normalized to give associations a more clear image of the advantages got from Enterprise Resource Planning usage. Much has been expounded on and gained from some all-around pitched triumphs and disappointments in ERP executions. Some of it has even been straightforwardly opposing. In any case, most concede to some essential guidelines:
· Establish business measures prior to choosing the product.
· Staff the undertaking group with individuals from the client network, notwithstanding IT staff.
· Develop an execution plan and stick to it.
· Train the clients completely on the cycle changes and stream of data notwithstanding the genuine programming.
· The venture doesn’t end with “go-live” however, should be constantly observed.
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Luis Gillman
Hi, I Am Luis Gillman CA (SA), ACMA
I am a Chartered Accountant (SA) and CIMA (SA) and author of Due Diligence: A strategic and Financial Approach.
The book was published by Lexis Nexis on 2001. In 2010, I wrote the second edition. Much of this website is derived from these two books.
In addition I have published an article entitled the Link Between Due Diligence and Valautions.
Disclaimer: Whilst every effort has been made to ensure that the information published on this website is accurate, the author and owners of this website take no responsibility for any loss or damage suffered as a result of relience upon the information contained therein. Furthermore the bulk of the information is derived from information in 2018 and use therefore is at your on risk. In addition you should consult professional advice if required.