PeopleSoft releases flurry of promised new products

Three new PeopleSoft Inc. products debuted Monday, including one for real-time financial data analysis and another for project data tracking.

Announced in August at PeopleSoft’s annual user conference, the now-available PeopleSoft Global Consolidations aggregates financial data from various accounting systems and locations, offering a standardized view of financial operations.

Also released Monday were two new products in PeopleSoft’s Enterprise Service Automation (ESA) portfolio: Project Portfolio Management and ESA Warehouse.

Project Portfolio Management is a financial tool aimed at allowing companies to track and analyze project costs, evaluating the financial impact of current and future projects against each other and against set targets such as risk and return-on-investment (ROI) goals.

ESA Warehouse, aimed specifically at service organizations, handles creating a data warehouse, gathering data from a number of systems including financial and CRM (customer relationship management) software.

Two products in PeopleSoft’s Supplier Relationship Management suite, PeopleSoft’s Catalog Management and its new Supplier Rating System, will be out later this month, the company said. Both are intended to Web-enable supply-chain processes, allowing vendors to more easily oversee catalogue content and track supplier performance.

PeopleSoft already had a catalogue management product out, a repackaging of the assets it acquired by buying pieces of Cohera Corp. in July 2001. That software was sold as the PeopleSoft Cohera Catalog Management System. The new version, with Cohera dropped from the name, is a rewritten version of the software based on PeopleSoft’s technology, said Bob Shecterle, PeopleSoft’s vice-president of supplier relationship management strategy.

The revamp will increase the product’s integration with other PeopleSoft software and its compliance with standards such as XML (Extensible Markup Language) and EDI (Electronic Data Interchange), Shecterle said. Several new features have also been added, including support for hierarchical catalog views, enabling employees in different roles to view information in different ways based on their varying needs, he said.

PeopleSoft officials declined to disclose pricing for any of the products. The company’s “value-based pricing” model adjusts a product’s cost to each customer based on a number of factors, such as the customer’s size, industry and annual revenue.

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