Features:

Here are some of the key applications within each Oracle PeopleSoft HCM module:

The  module provides a company directory, self-service functionality for all users, real-time analytical tools, and multi-national support for companies with locations in multiple countries. Other applications include: Global Core HCM module provides a company directory, self-service functionality for all users, real-time analytical tools, and multi-national support for companies with locations in multiple countries. Other applications include:

• Benefits

• A payroll solution for both North American and global countries

• Pension administration

• Payroll interface for integrating with third-party payroll systems

Workforce  management module helps companies maintain their workforce to manage their labor costs. Some of these applications include:

• Time and labor (that includes the mobile capability for clocking in/clocking out)

• Absence management (one keynote is that PeopleSoft integrates with Outlook so employees can manage their sick leave via their Outlook calendar/email)

• Resource management

• Travel and expense management

The talent management module provides applications that range from recruiting to succession planning. Some of those applications include:

• Recruiting

• e-development

• e-Compensation

• e-Performance

• Incentive compensation

• Enterprise learning management

Pros:

• It is customizable. You can implement any business logic you need. This is one of the very key assets of PeopleSoft Financials.
• PeopleSoft Financials accounting methods are in line with industry standards. You can use the process as is and the ledger will be taken care of.
• It supports multiple ways to integrate with other systems.
• It is great for companies that require complex payroll accounting

Cons:

• The user interface could be made more intuitive.
• Nvision reporting needs to be improved.
• Project costing and customer contract processes need to be streamlined.