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Date Posted: 3/5/2008
Independent Research Firm Finds PeopleSoft Enterprise Human Capital Management Enables Best-In-Class Performance
Latest Study from Aberdeen Group Finds Oracle's PeopleSoft Enterprise Human Capital Management Users Perform Above Industry Average
REDWOOD CITY, Calif., March 5 /PRNewswire-FirstCall/ -- -- Oracle today announced that Aberdeen Group, Inc., an independent research firm, found that fully integrated Human Capital Management (HCM) systems, such as Oracle's PeopleSoft Enterprise HCM, enable organizations to achieve demonstrable gains in performance over the industry average. -- The research brief "PeopleSoft Customers Are Not Average When It Comes to Human Capital Management," found that PeopleSoft customers fare better in terms of key performance indicators including increasing revenue per employee, improving the ability to forecast annual retirement rates, reducing cost per hire and improving the ability to determine project growth by job category. -- Aberdeen also discovered that organizations using PeopleSoft HCM systems were more likely than industry average organizations to enjoy higher performance improvements in areas such as employee engagement, time to productivity, new hire processing time and compliance scores.
Oracle's PeopleSoft Enterprise HCM
-- Oracle's PeopleSoft Enterprise Human Capital Management enables organizations to place the right people in the right jobs, develop and reward top performers, retain key talent for the long term, and helps increase efficiency and operating performance.
Supporting Quotes
-- "As organizations seek to achieve and sustain competitive advantage, human capital management has taken on heightened strategic importance," said Kevin Martin, Research Director, Human Capital Management at Aberdeen Group. "Our research has found a strong correlation between organizations with an automated and integrated HCM solution and their overall satisfaction with their HCM solution." -- "We consistently hear that integrating human capital management with ERP functionalities and core business processes is a feature that PeopleSoft customers consider a top priority. The Aberdeen Group's research brief confirms the benefits of integrating human resources data, as well as the distinct advantages customers receive from PeopleSoft HCM," said Doris Wong, Group Vice President of PeopleSoft Enterprise, Oracle. -- "As our data has shown, PeopleSoft provides users the technology and the tools needed to achieve best-in-class status in HCM." Aberdeen Group, "PeopleSoft Customers Are Not Average When It Comes to Human Capital Management" Dec. 2007 -- "Aggregating all HCM data in a single repository enables PeopleSoft customers to minimize (or eliminate) the time and cost of manually inputting data and improves overall data integrity." Aberdeen Group, "PeopleSoft Customers Are Not Average When It Comes to Human Capital Management" Dec. 2007 About Oracle
Oracle (Nasdaq: ORCL - News) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.
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