Oracle Releases New Version of PeopleSoft Enterprise
Oracle released an updated version of its personnel-management platform, PeopleSoft Enterprise Human Capital Management (HCM) 9.1, which includes new Web 2.0 capabilities such as chat, wikis and discussion forums. New features to the platform's applications include Succession Planning, which helps identify key talent and visualize results to build an organization's leadership pipeline.Oracle released the latest version of PeopleSoft Enterprise, a handful of applications designed to help manage workforces and the services they deliver, on Sept. 30.
Those applications within PeopleSoft Enterprise include PeopleSoft Enterprise Human Capital Management (HCM) 9.1, PeopleSoft Enterprise PeopleTools 8.50, PeopleSoft Enterprise Learning Management 9.1 and PeopleSoft Enterprise Portal 9.1. The tweaks to the platform came after feedback from over 150 customers, according to Oracle.
The software includes features such as Succession Planning, which helps "identify key talent, rate and rank high potential employees, and visualize results to build an organization's leadership pipeline," Oracle said in a press release. Another feature, Extended Leave Framework, supports country legislative leave programs, HR and Payroll to support customers in China, Thailand and Argentina, as well as a Leave Donation program that supports employee contributions to humanitarian causes.
Elements of the suite include:
PeopleSoft Enterprise HCM 9.1: The core platform, which provides end-to-end functionality for the HR departments of global organizations.
PeopleSoft Enterprise Learning Management 9.1: Allows organizations to proactively manage their learning environment, "ensuring that employees acquire knowledge and skills consistent with corporate objectives and regulatory compliance."
PeopleTools 8.50: A technology platform with a flexible development environment for PeopleSoft applications. In addition to an enriched end-user experience, the application offers expanded reporting options, and its backward-compatible with older PeopleSoft releases.
PeopleSoft Enterprise Portal 9.1: Assists in the deployment of online communities and Web-based self-service sites for organizations.