Oracle announced PeopleSoft Enterprise Financials and Supply Chain Management 9.1 today, an enterprise applications suite that is said to use Web 2.0 tools to increase collaboration and productivity and reduce operational costs.
With input from more than 150 customers, the latest release includes new features in Oracle’s financial, supplier relationship management, enterprise service automation, supply chain, and asset lifecycle management software. Release 9.1 draws on Web 2.0 tools for improved collaboration and provides workbenches, dashboards, and embedded analytics to increase productivity. The integrated applications help users to execute business processes more efficiently, the company said.
“A large part of this was bringing the user experience forward,” said John Webb, VP of product management for PeopleSoft products, in an interview today.
The PeopleSoft Supplier Relationship Management 9.1 module is said to cut supply management costs by enforcing procurement policies, reducing spend on goods and services, and streamlining procure-to-pay processes.