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PeopleSoft HCM provides solutions to large enterprises having complex business requirements. It is mainly for the businesses having more than 500 employees. The software offers crucial HR features and has five modules which are workforce service delivery, workforce management, labor rules and monitoring, global core HCM, and talent management. It has applications like the global core HCM which provides company directory, real-time analysis tools, support for the companies spread out in different countries. There is a payroll solution for North American states and countries around the globe, administration of pension, interface for integration with the third party systems of payroll.
The workforce management helps the companies in maintaining the workforce and keeping the labor costs under control. This application includes resource management, time management, and absence management. The workforce management module is built on the Oracle Exadata database architecture. The workforce service delivery has some of the important applications such as workforce communication, HR helpdesk, eBenefits for employees who want to see the benefit programs, ePay for employees who want to view the payroll information, eProfile for updating the personal information, etc. Talent management includes recruiting, eDevelopment, incentive compensation, and others. The major benefit it provides is making employee management successful in an organization with proper tracking of employee’s information, attendance, performance, etc.
