PeopleSoft and SilkRoad Performance are competing products in performance management solutions. Data comparisons show SilkRoad Performance has the upper hand due to its flexibility and feature execution.
Features: PeopleSoft includes comprehensive HR modules, extensive integration capabilities, and a unified solution for business processes. SilkRoad Performance focuses on user engagement and goal alignment with tailored feedback tools, adaptive learning pathways, and innovative performance management features.
Ease of Deployment and Customer Service: PeopleSoft offers on-premise and cloud deployment models, requiring more setup time and IT resources, with complex customer service processes. SilkRoad Performance provides a straightforward cloud deployment with quicker implementation and personalized customer support.
Pricing and ROI: PeopleSoft involves a significant initial investment for long-term integration benefits, resulting in a longer ROI period. SilkRoad Performance offers a cost-effective initial setup and quicker ROI, appealing to organizations seeking flexibility at a competitive price.
PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.
PeopleSoft Features
PeopleSoft has many valuable key features. Some of the most useful ones include:
PeopleSoft Benefits
There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:
Reviews from Real Users
PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.
A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”
"PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.
A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."
SilkRoad Performance (Wingspan) can help simplify the process of aligning your corporate strategy with the day-to-day activities of your workers.
With an intuitive and automated, yet customizable platform, SilkRoad’s performance review solution allows you to take the long view and turn appraisals into training or recruitment.
SilkRoad's performance management system helps your company set goals, evaluate employee skills, provide feedback and opportunities for development, and tie performance to compensation. Highly flexible, the software is configurable to your needs as they evolve.
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