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PeopleSoft vs Ventyx Asset Suite [EOL] comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

PeopleSoft
Average Rating
8.0
Reviews Sentiment
6.4
Number of Reviews
86
Ranking in other categories
ERP (9th), Activity Based Costing Software (4th), Benefits Administration (6th), Talent Management (5th), Demand Management (1st), Talent Acquisition (5th)
Ventyx Asset Suite [EOL]
Average Rating
10.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Featured Reviews

IanCampbell - PeerSpot reviewer
CEO at a consultancy with 1-10 employees
Decades of use have delivered secure, customizable control for public sector operations and finance
I have just completed three assessments: one on inventory demand planning, another on using artificial intelligence to bring supplier contracts in portable document format directly into PeopleSoft. PeopleSoft works both internally as well as with third-party products that integrate seamlessly with PeopleSoft. PeopleSoft operates both from a need-to-know-only basis as well as being able at the same time to do group purchase and realize large quantity purchase discounts. My clients have used marketplaces, and it is really industry-specific whether they use one or not, or if there is even one available. I would rate this product nine out of ten.
it_user600960 - PeerSpot reviewer
Head of Unit NUCLEAR at a tech vendor with 501-1,000 employees
Outages can be managed and performed in a shorter period of time. It is compliant with best practice guidelines.
An improvement for this product would be to have more pre-defined key performance indicators for the plant managers. The product provides several baseline reports, dashboards and KPIs that provide insight into specific business operations, displayed in graphical terms or as detailed reports. The presented information can be used to influence business decisions by presenting a clear picture of the selected indicators that show how a business functions. If the product has from the beginning more pre-defined indicators, the plant managers can benefit more from the beginning from the product implementation. Of course any time a new indicator can be developed according to the specific requests, but this will take time.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature of PeopleSoft is the functionality that allows the ability to find all the data about employees that are needed."
"It provides a very stable platform for us to support key applications, including Procure to Pay, HR/Payroll, AP/AR, Fixed Asset, and Financial Reporting."
"The most valuable feature is the module integration, which saves time through transclusion - using a single record across multiple modules."
"Customer service is good."
"PeopleSoft HCM is a mature, flexible and robust product."
"The ability to fully customize it for our needs is huge and is by far the most valuable feature for us when it comes to HR management."
"Because the UI is so easy to use, it makes our work processes flow more efficiently, which, of course, impacts cost and time savings."
"The solution allows us to explore the databases and enables people to properly develop their work."
"The outages can be easily managed and performed in a shorter period of time, and the preventive and corrective maintenance activities can be easily planned and managed."
 

Cons

"I think the inventory part it should be simplified. There is a lot of shuffling through pages, which creates a lot of problems for our users."
"Response time takes very long and requires a person to be awake night and day to benefit from it."
"The turnaround time is a little long."
"This solution could be improved by lowering the cost of support."
"The main area for improvement would be with performance in some cases, specifically with migrations."
"Reporting was our biggest challenge that was not "delivered" by PeopleSoft."
"This is an area I would warn others about. I've worked on several implementations and there's a long period of time within which PeopleSoft needs to be implemented."
"It would be helpful for the end-user if the reports were customized. They would be able to select the fields while generating their reports."
"An improvement for this product would be to have more pre-defined key performance indicators for the plant managers."
 

Pricing and Cost Advice

"The solution is priced per module."
"The product's cost depends on the number of people in your company or the number of paychecks processed. They charge based on these factors, plus a maintenance fee. I'm not sure about current pricing since Oracle took over."
"Yearly payments are to be made toward the licensing costs of PeopleSoft. PeopleSoft is not very expensive, so I feel it is an affordable product."
"I would consider this to be an expensive product, but the quality justifies it."
"I would rate the pricing an eight out of ten, with ten being expensive."
"Mostly yearly payments are to be made toward licensing costs. It is not much of an expensive solution."
"The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
"PeopleSoft has a yearly maintenance fee."
Information not available
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Top Industries

By visitors reading reviews
Comms Service Provider
10%
University
8%
Manufacturing Company
8%
Construction Company
8%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business28
Midsize Enterprise16
Large Enterprise50
No data available
 

Questions from the Community

What are the differences between Oracle HCM Cloud and PeopleSoft?
Although both are solutions to manage HR, their differences make each one suitable for different companies. Oracle Cloud HCM is a platform for connecting all human resource processes in your organ...
What is your experience regarding pricing and costs for PeopleSoft?
The pricing is customer-specific, so I am not generally privy to what the pricing for licensing is. However, generally, I think PeopleSoft is certainly cheaper than cloud solutions.
What needs improvement with PeopleSoft?
More delivered artificial intelligence functionality in operations and finance would be helpful.
Ask a question
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Also Known As

No data available
Asset Suite
 

Overview

 

Sample Customers

BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
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