PeopleSoft Optimization: Maintaining the Value of Your PeopleSoft Investment

PeopleSoft Optimization Overview

Why Optimize Your PeopleSoft Environment?  

Enhancing the value of your PeopleSoft investment goes beyond the initial 9.2 upgrade. Continued optimization ensures you harness the latest application features, apply regular PUM updates, and establish a roadmap for sustained success. Let’s dive into different approaches to optimization and practical steps to develop a tailored roadmap for your PeopleSoft application. 

Different Types of PeopleSoft Optimization  

Optimization initiatives encompass various strategies. These include evaluating new features through PUM updates, integrating new PeopleSoft modules to enhance automation, and re-engineering existing customizations to align with best practices. Each approach aims to maximize the value and efficiency of your PeopleSoft environment. 

Evaluating New Features with PUM Updates 

Continuously evaluating new features released through PUM updates allows organizations to stay current with PeopleSoft enhancements. By selectively incorporating desired features, businesses can optimize their PeopleSoft environment and achieve maximum return on investment. Oracle’s PUM updates provide a cost-effective way to access new functionalities without the disruption of a full upgrade, ensuring your PeopleSoft system remains efficient and aligned with business needs. Check out this Elire expert overview to learn more about PUM and PeopleTools Updates.  

New Module Implementations and Unused Functionality 

It’s important to explore the benefits of implementing new PeopleSoft modules to streamline operations and improve efficiency. Activating unused functionality reduces customization and maximizes the value of your PeopleSoft investment. By integrating new modules, organizations can leverage built-in features and capabilities to enhance enterprise connectivity and automation, ultimately optimizing business processes and driving growth. 

Accounts Payable Automation 

Automating accounts payable processes improves efficiency, reduces errors, and enhances visibility. Accounts Payable Automation software provides control, enforces policies, detects fraud, and streamlines invoice processing – working to optimize your organization’s financial operations. By automating routine tasks and streamlining workflows, businesses can achieve cost savings, improve accuracy, and gain real-time insights into cash flow and spending.  

Customization Removal and Re-Engineering  

When it comes to optimizing your PeopleSoft environment, it’s important to take a personalized approach to assessing customizations. Evaluate the relevance and maintenance costs of your customizations to ensure they align with your current needs. Re-engineering existing customizations not only follows best practices but also reduces ongoing maintenance efforts and sets the stage for scalability in future upgrades. By minimizing customizations and embracing delivered functionality, you can simplify system management, streamline upgrades, and create a more fluid user experience for your team. 

Tackling this crucial step in your PeopleSoft optimization journey may feel daunting, but there are countless Elire resources to help you succeed. For an in-depth look at decustomization and PeopleSoft reengineering, watch Elire’s PeopleSoft Upgrade Accelerator Tools Demo. Looking for a quicker decustomization rundown? Take a look at Elire’s PeopleSoft Decustomization Overview.  

Process Redesign  

Revamping your business processes creates a fresh blueprint for your organization’s operations. Business Process Optimization is all about streamlining workflows and enhancing efficiency to achieve strategic goals. You must begin by identifying bottlenecks, eliminating redundancies, and fostering better communication within your teams. By rethinking and optimizing your processes, you’ll drive productivity, reduce costs, and improve customer satisfaction. Begin your Business Process Optimization with these Elire expert tips for getting started.  

Employee Training  

Effective training is essential for adapting to PeopleSoft upgrades and enhancements. Oracle Guided Learning (OGL) provides personalized training content to accelerate implementation and empower users with new functionalities. By investing in employee training, organizations can enhance user adoption, minimize disruptions during system changes, and maximize the benefits of PeopleSoft optimization.  

What’s Next? How to Get Going 

Ready to embark on your PeopleSoft optimization journey? Before diving in, it’s essential to conduct a thorough assessment of your current PeopleSoft environment. Evaluate existing customizations, pain points, and areas for improvement to understand where optimization efforts will have the most impact.  

To begin, define clear optimization goals that align with your business needs. Prioritize initiatives that will enhance efficiency, reduce costs, and align with your organizational objectives. Engage stakeholders across departments to gather insights and build consensus on the optimization roadmap. It’s important to take these steps when implementing your PeopleSoft optimization strategies:  

  • Conduct a Thorough Assessment – Evaluate your current PeopleSoft environment, including customizations and pain points
  • Define Optimization Goals – Align initiatives with business needs and prioritize for maximum impact
  • Engage Stakeholders – Collaborate with departments to build consensus and develop an optimization roadmap
  • Utilize Tools and Resources – Leverage Oracle PUM updates and other resources to continuously enhance your PeopleSoft application

By following these steps, you’ll be well-equipped to kickstart your PeopleSoft optimization journey. Dive deeper into each step and further explore what PeopleSoft optimization looks like for your organization with Elire’s PeopleSoft Optimization eBook.  

Still have questions? Feel free to contact [email protected] and connect with one of our Elire PeopleSoft experts. Subscribe to Elire’s Monthly PeopleSoft Newsletter to stay up to date on all things PeopleSoft innovation. Follow Elire on LinkedIn and Twitter to receive industry updates directly to your phone.

Author

  • Jordan Hutchcraft

    Ms. Hutchcraft serves as Elire’s Marketing Associate, working to develop and optimize marketing brand assets. Jordan collaborates with the Elire Marketing Team to produce blog and social media content, strategize for social media expansion, and maintain Elire’s internal and external branding.

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