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PeopleSoft Expands Global HRMS Solution

New Global Payroll Functionality Delivered for Italy, Spain, Mexico, Australia, Hong Kong and Japan

PLEASANTON, Calif.--Oct. 9, 2001--PeopleSoft Inc. (Nasdaq:PSFT - news) today announced new Global Payroll functionality for its industry-leading Human Resources Management (HRMS) solution.

Further strengthening PeopleSoft's pure internet HRMS product suite, the additional country-specific payroll functionality will provide customers with Global Payroll support for Italy, Spain, Mexico, Australia, Hong Kong and Japan.

Built on the industry's only pure internet global architecture, PeopleSoft 8 HRMS offers a multi-national solution for local operations. PeopleSoft 8 Global Payroll consists of a global payroll engine with country extensions that deliver regulatory and statutory rules by country. Non-technical staff can easily modify or create additional company and country specific payroll rules, enabling ease-of-deployment and a lower total cost of ownership.

``Because PeopleSoft 8 Global Payroll is built on a rules-based engine, we've created specific payroll rules -- online,'' said Dr. Dirk Jonathal, PeopleSoft project manager at Talkline. ``Instead of spending time and resources programming complex payroll logic, our team accessed the application through an internet browser and quickly entered payroll rules.''

PeopleSoft 8 Global Payroll allows local and global workforces access to key human resources information anytime, anywhere -- from a standard web browser. The solution's open and flexible architecture also allows organizations to easily extend the solution across international borders, enabling employees to work in their preferred language and currency, regardless of location.

``PeopleSoft continues to demonstrate its leadership in the global human resources application market,'' said Ram Gupta, executive vice president of PeopleSoft Products and Technology. ``Our unique rules-based architecture gives PeopleSoft the flexibility to quickly roll-out additional product functionality for any country, enabling global organizations to realize immediate business benefits from our HRMS solution.''

PeopleSoft 8 HRMS is the only global pure internet solution that allows businesses to proactively manage human capital throughout the entire employment life cycle. The leading HRMS suite includes 10 Collaborative Applications that deliver content from pre-integrated suppliers, a tightly integrated Employee Portal and embedded analytics that offer customers a comprehensive enterprise-wide human resources solution.

PeopleSoft 8 Global Payroll's new country-specific functionality for Italy, Spain, Mexico, Australia, Hong Kong and Japan are currently scheduled for generally availability in the fourth quarter of 2001.

About PeopleSoft

PeopleSoft (Nasdaq: PSFT - news) is the world's leading provider of collaborative enterprise software. PeopleSoft pure internet software enables organizations to reduce costs and increase productivity through collaboration with their customers, suppliers, and employees. PeopleSoft's integrated, best-of-breed applications include Customer Relationship Management, Enterprise Service Automation, Supplier Management, Human Capital Management, Financial Management, and Enterprise Performance Management. More than 4,700 organizations in 107 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.

Note to Editors: PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners.

 
Editorial Contact:
Carla Kay Barlow
Advanced Visual Systems, Inc.
505/242-3600 Ext. 12
media@avs.com
 
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