PeopleSoft Financial Management | Applications | Oracle
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PeopleSoft Financial Management

WHY ORACLE

THE APPLICATIONS LEADER

Oracle's PeopleSoft Financial Management

  • Leverages best practices to achieve world-class finance processes
  • Meets financial and statutory requirements (e.g., IFRS) efficiently
  • Delivers greater visibility into business-critical information

" With Oracle's PeopleSoft Financial Management applications, we have improved our ability to identify additional cost savings opportunities, which is key, as every dollar we can save in administrative costs is a dollar we can direct towards scientific research and education programs."

–Justin Ricketts, Chief Information Officer, Susan G. Komen for the Cure

PEOPLESOFT FINANCIAL MANAGEMENT CAN HELP YOU

ONLY ORACLE OFFERS SIGNIFICANT BENEFITS
Leverage Realize Benefit from Experience and Success
  • Highly scalable global shared services
  • Flexible Ledger Architecture
  • Best practice ERP and industry solutions
 The Most Scalable and Adaptable Financial Processes

Reduce costs by automating, centralizing, and standardizing global transactional processes—often through shared services
  • Comprehensive GRC applications
  • Best-in-class GRC infrastructure
  • Integrated business insight

The Most Complete Governance, Risk and Compliance Solution

 Manage risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance
  • Consistent financial and operational information
  • Dynamic planning, budgeting and forecasting
  • Multi-dimensional profitability analysis

The Most Integrated Performance Management

 Make the right investments in the business with integrated performance management and business intelligence

Leveraging Technology Improves Performance1:

Key Financial Process Benchmarks Median Best
Accounts Payable Cost per invoice processed $5.18 $2.64
# of invoices processed per FTE per year 7,583 12,122
Cost per payment $5.18 $9.26
Credit to Cash Cost per remittance processed $4.88 $1.84
% of invoices with inquiries $3.53 $1.30
Days sales outstanding (DSO) 46 30
Travel and Expense T and E department cost per expense report $15.00 $7.35
# of invoices processed per FTE per year 2,500 5,800
Financial Control and Reporting Days to close the books (month-end) 7 5
% of system generated entries 80% 94%
Financial Analytics Budgeting and analysis cost as % of revenue 0.11% 0.04%
Days to prepare budgets 75 45
1Source: PricewaterhouseCoopers Global Best Practices
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