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PeopleSoft vs Ventyx Asset Suite [EOL] comparison

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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 (8th), Activity Based Costing Software (4th), Benefits Administration (6th), Talent Management (4th), Demand Management (1st), Talent Acquisition (6th)
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

"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 PeopleSoft interface is very good."
"PeopleSoft is a good core system. 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."
"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."
"I'd like PeopleSoft to be like on the cloud and more mobile-friendly. If I try to access it from a cell phone, it's a bit difficult, so it would be great if PeopleSoft could improve these features."
"The most valuable feature for us is the integration between the HR Payroll and Financials modules."
"I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI."
"The most valuable feature is ERP application information."
"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

"The problem we have is the customization. We've gone a bit overboard with customization. That’s problematic during upgrades, which is a common problem with PeopleSoft."
"They cannot go and get a report that easily."
"There could be more adaptability of the system."
"This solution could be improved by lowering the cost of support."
"I would like to see better support, bug fixing, and documentation."
"If they could provide reports for various organizations, especially global ones. Currently, the report fields are mostly US centric, and do not support other regions."
"We have already deployed it and we have had it for several years but we are switching to a modern HCM SaaS cloud product."
"There are many areas in this product that can be improved, especially in regards to the EPM side since they have different products doing that."
"An improvement for this product would be to have more pre-defined key performance indicators for the plant managers."
 

Pricing and Cost Advice

"PeopleSoft has a yearly maintenance fee."
"One of the cheapest solutions available and also one of the best."
"I would consider this to be an expensive product, but the quality justifies it."
"The solution is priced per module."
"It's approximately $3,000,000 to $4,000,000 USD per year."
"Mostly yearly payments are to be made toward licensing costs. It is not much of an expensive solution."
"This solution offers annual licensing. We pay per user."
"The main issue we have with the solution is that it is very expensive."
Information not available
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Top Industries

By visitors reading reviews
Construction Company
8%
Manufacturing Company
8%
Financial Services Firm
8%
Outsourcing 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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