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PeopleSoft Expands Industry-Leading Enterprise Performance Management SuiteNew Collaborative Planning Applications Drive Performance Management Across the EnterprisePLEASANTON, Calif.--Dec. 17, 2001--PeopleSoft Inc. (Nasdaq:PSFT - news) today announced the immediate availability of its new 8.3 Enterprise Performance Management (EPM) applications. Continuing its record for on-time delivery, PeopleSoft's new pure internet applications include Business Planning and Budgeting, Customer Behavior Modeling (CBM), Workforce Planning, and four new solution-specific data warehouses. The new applications provide continuous planning capabilities so companies can rapidly respond to shifts in their businesses and adjust strategies accordingly.Extending PeopleSoft's industry-leading EPM suite, the new applications provide companies with collaborative planning and modeling capabilities that enable successful performance management across the enterprise. Additionally, companies can analyze profitability, and assess customer satisfaction, employee loyalty, and vendor performance through reporting and analysis capabilities. ``PeopleSoft continues to build on its leadership position in the business analytics market,'' said Josh Greenbaum, Principal at Enterprise Applications Consulting, Daly City, Calif. ``Tying strategic planning systems to performance monitoring and decision support at a tactical level creates a very powerful combination for companies that are looking for competitive advantage. PeopleSoft has the right approach to corporate performance management.'' PeopleSoft 8.3 Enterprise Performance Management applications mark PeopleSoft's third major release of its industry-leading business analytics suite. PeopleSoft is the first vendor in the industry to embed analytic capabilities directly into its enterprise applications, including PeopleSoft CRM Analytics, Financial Analytics, Workforce Analytics and Supply Chain Analytics. ``Bank of Montreal has been a PeopleSoft analytics customer for more than two years, and has leveraged PeopleSoft's EPM applications to drive effective performance management throughout our organization,'' said Darlene Brisbane, vice president of solutions and applications for corporate services, Bank of Montreal. ``With the release of PeopleSoft 8.3 EPM, we believe that PeopleSoft has taken business analytics to the next level by providing its customers with new analytic applications that enable collaborative business planning.'' PeopleSoft 8.3 EPM includes collaborative business planning, strategic management, and performance monitoring capabilities. These capabilities enable organizations to operate more effectively by providing real-time business performance analysis. The new EPM applications include: Business Planning and Budgeting -- Included in PeopleSoft's Financial Analytics, this new integrated solution enables companies to project, implement, monitor, and adjust their financial strategies and objectives to increase overall profitability and efficiency. Customer Behavioral Modeling (CBM) -- Included in PeopleSoft's CRM Analytics, CBM uses predictive analytics such as customer profiling, data modeling, and data mining to analyze information, enabling businesses to gain a deeper understanding of customers. Workforce Planning -- Included in PeopleSoft's Workforce Analytics, this application allows companies to model skills and competencies, plan succession, and determine workforce strengths and weaknesses to maximize organizational performance. Data Warehouses -- PeopleSoft's four new solution-specific warehouses for Customer Relationship Management (CRM), Financials, Human Resources Management Systems (HRMS), and Supply Chain Management can be easily deployed with PeopleSoft and other enterprise applications, accelerating the analysis and reporting of data. ``Organizations' needs for information have moved well beyond the `rear view mirror' perspective, especially in the dynamic business environment we operate in today,'' said Chuck Teller, general manager and vice president of PeopleSoft's Enterprise Performance Management division. ``PeopleSoft 8.3 EPM provides our customers with strategic planning and collaboration capabilities to maintain a forward-looking perspective on their company. This enables organizations to closely manage their businesses, and dramatically improve bottom-line performance.'' 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, Supply Chain Management, Human Resources 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 top of page |
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